Société Générale Boosted by Market Volatility

Société Générale SA said Wednesday that second-quarter net profit jumped 25%, lifted by the performance of its large equity and derivatives trading business and a debt valuation adjustment. (published 0445 GMT)

 
 
ING Profit Up as Loans Grow

ING Groep NV said Wednesday that its profit rose in the second quarter as the Dutch lender expanded its loan book, booked a gain from an asset sale and reduced its loan-loss provisions. (published 0541 GMT)

 
 
Overseas Chinese Town (Asia) Expects Significant Increase in First-Half Net Profit

Mainland property developer Overseas Chinese Town Holdings Ltd. said Wednesday it expects a "significant increase" in first-half net profit, thanks to the substantial rise in share of profit from its unit and associate. (published 0428 GMT)

 
 
Australia Court Overturns Approval for Adani Mine -- Update

The yakka skink may be little known globally, but the native Australian lizard is causing problems for one of India's biggest conglomerates. (published 0546 GMT)

 
 
Fortescue Says Open to Talks on Mining Assets

Fortescue Metals Group Ltd. said it remained open to talks with investors, after Bloomberg News reported Hebei Iron & Steel Group Co. and Tewoo Group Co. had approached the iron-ore miner about acquiring a stake in its infrastructure assets. (published 0422 GMT)

 
 
Skymark Creditors Reject Delta, Opt for Funding Plan Backed by ANA

Creditors of Japan's financially troubled Skymark Airlines Inc. on Wednesday chose ANA Holdings Inc. to support the carrier's rehabilitation, blocking an alternative plan submitted by a creditor that sought help from Delta Air Lines Inc. (published 0545 GMT)

 
 
Anta Sports Products First-Half Net Profit Up 20% to CNY965.3 Million

Chinese sportswear maker Anta Sports Products Ltd. on Wednesday reported a rise in net profit and revenue for the six months ended June in the wake of growing demand. (published 0435 GMT)

 
 
Hysan Development First-Half Net Profit Falls Nearly 21% to HK$2.29 Billion

Commercial property and shopping mall operator Hysan Development Co. said Wednesday its net profit for the first half dropped nearly 21% year-over-year to 2.29 billion Hong Kong dollars . (published 0448 GMT)

 
 
Belle Sells Stake in Affiliate to Gaming Unit for PHP1 Bln

Belle Corp., a Philippine real estate and gaming company, said Wednesday it has sold its entire stake in Pacific Online Systems Corp., which provides online computer systems to the government's lottery operations, for 1 billion pesos in cash. (published 0323 GMT)

 
 
MGM China Holdings: 1H Net Profit Down 44% at HK$1.70 Billion

Casino operator MGM China Holdings Ltd. Tuesday reported a 44% drop in its first-half net profit, partly dragged by weaker casino revenue. (published 0133 GMT)

 
 
Zhuhai Holdings Investment Group Expects 1H Net Profit to Decline On Year

Zhuhai Holdings Investment Group Ltd. expects net profit for the first half of the year to decline from a year ago due to higher selling and distribution costs in the property development segment. (published 0129 GMT)

 
 
Television Broadcasts Records Impairment Loss of HK$654 Million on an Associate

Hong Kong free-to-air broadcaster Television Broadcasts Ltd. said it booked an impairment loss of 654 million Hong Kong dollars on its interest in TVB Network Vision, an associate. (published 0125 GMT)