Day: July 17, 2025
As variable rate mortgages opened during the pandemic come under renewal, many Canadians are experiencing payment shock with an average 25% increase in mortgage repayments in last three years44% of Canadians surveyed say they plan to cut discretionary spending.
Among Canadians who said they don’t anticipate being able to pay all their bills and loans in full, 68% said it’s their credit card payments they won’t be able to make.
While 46% of Canadians said they were targeted by fraud in the last three months, 37% reported taking no action in response to cybersecurity concerns.
Over half (53%) of Gen X Canadians feel their financial situation is worse than planned, compared to only 30% of Gen Z.TORONTO, July 17, 2025 (GLOBE NEWSWIRE) — As Canadians continue to navigate economic uncertainty, many are adjusting their financial...
GSI Technology to Announce Fiscal First Quarter 2026 Results on July 31, 2025
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SUNNYVALE, Calif., July 17, 2025 (GLOBE NEWSWIRE) — GSI Technology, Inc. (Nasdaq: GSIT), developer of the Gemini ® Associative Processing Unit (APU) for AI and high-performance parallel computing (HPPC) and a leading provider of high-performance memory solutions for networking, telecommunications and military markets, will announce financial results for its fiscal first quarter 2026 ended June 30, 2025 after the market close on Thursday, July 31, 2025. Management will also conduct a conference call to review the Company’s first quarter financial results and its current outlook for the second quarter of fiscal 2026 at 1:30 p.m. Pacific time (4:30 p.m. Eastern Time) on that same day.
To participate in the call, please dial 1-877-407-3982 in the U.S., or 1-201-493-6780 for international, approximately 10 minutes prior to the...
Ragnarok Crush Official Launching in Global Except for China and Japan on July 17, 2025
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Seoul, South Korea, July 17, 2025 (GLOBE NEWSWIRE) — GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, announced that GRAVITY Game Hub PTE. Ltd., Gravity’s wholly-owned subsidiary, has officially launched Ragnarok Crush, a Strategy Action Puzzle RPG Mobile game, in Global except for China and Japan on July 17, 2025.
Ragnarok Crush is a Strategy Action Puzzle RPG Mobile game based on Ragnarok IP. The game features a 3-match puzzle system, offering the fun of strategically moving and combining puzzles to clear various stages. It is available for download and play after downloading from Google Play and Apple App Store in each region except for China and Japan.
The pre-registration held globally until the official launch has demonstrated strong user interest by...
Zymeworks to Report Second Quarter 2025 Financial Results and Host Conference Call on August 7, 2025
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Company to participate in investor conferences in July and August
VANCOUVER, British Columbia, July 17, 2025 (GLOBE NEWSWIRE) — Zymeworks Inc. (Nasdaq: ZYME), a clinical-stage biotechnology company developing a diverse pipeline of novel, multifunctional biotherapeutics to improve the standard of care for difficult-to-treat diseases, including cancer, inflammation, and autoimmune disease, today announced that management will report its second quarter 2025 financial results after market close on August 7, 2025. Following the announcement, management will host a conference call and webcast to discuss financial results and provide a corporate update on August 7, 2025 at 4:30 pm Eastern Time (ET).
The event will be webcast live with dial-in details and webcast replays available on Zymeworks’ website at https://ir.zymeworks.com/events-and-presentations.
Management...
Texas Capital Bancshares, Inc. Announces Second Quarter 2025 Results
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Second quarter 2025 net income of $77.3 million and net income available to common stockholders of $73.0 million, up 86% and 95%, respectively, year-over-year
Second quarter 2025 EPS of $1.58 per diluted share and adjusted EPS(1) of $1.63 per diluted share, up 98% and 104%, respectively, year-over-year
Strong balance sheet growth with total loans increasing 7% quarter-over-quarter and 10% year-over-year
Book Value and Tangible Book Value(2) per share both increasing 13% year-over-year, reaching record levels
DALLAS, July 17, 2025 (GLOBE NEWSWIRE) — Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, announced operating results for the second quarter of 2025.
“Our multi-year focus on building a differentiated, full-service financial services firm has strengthened our client franchise and consistently...
Beam Global and Platinum Group Leadership Attend Formal Signing Ceremony in Abu Dhabi to Create Beam Middle East LLC
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SAN DIEGO, July 17, 2025 (GLOBE NEWSWIRE) — Beam Global, (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced that management from Beam Global, Beam Europe and the Platinum Group LLC, performed the official signing ceremony creating Beam Middle East in the Emirate of Abu Dhabi, United Arab Emirates (UAE).
As previously reported, Beam Global and the Platinum Group will form a new entity, Beam Middle East LLC, which will sell and manufacture Beam Global’s patented sustainable infrastructure solutions for transportation electrification, energy storage, energy security, and smart city development across the Middle East and African regions. Beam Middle East will be headquartered in Omniah Tower in Masdar City, a pioneering...
Nano Labs Appoints Dr. Kailong Cai as CEO of Subsidiary Nano bit to Lead Global Crypto Reserve Strategy
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HONG KONG, July 17, 2025 (GLOBE NEWSWIRE) — Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure and product solution provider in China, today announced the appointment of Dr. Kailong Cai as the chief executive officer (“CEO”) of its wholly-owned subsidiary, Nano bit HK Limited (“Nano bit”). Dr. Cai will be fully responsible for driving Nano bit’s strategic upgrade and overseeing its global operations. This appointment marks a significant step in the Company’s ongoing evolution into a world-leading, publicly listed cryptocurrency reserve enterprise.
Dr. Cai is a renowned expert in crypto finance, with a strong academic background and extensive international experience. He holds a Ph.D. in finance with deep and broad background in both Chinese and U.S. financial markets. From 2020 to...
WeRide Launches Southeast Asia’s First Fully Driverless Robobus Operations at Resorts World Sentosa, Singapore
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SINGAPORE, July 17, 2025 (GLOBE NEWSWIRE) — WeRide (NASDAQ: WRD), a global leader in autonomous driving technology, today announced the launch of fully driverless Robobus operations at Resorts World Sentosa, Singapore (RWS) — the first autonomous vehicle (AV) in Southeast Asia to operate without a safety officer on board.
Following extensive testing and safety assessments of its remote operations and on-road performance, WeRide has secured approval from the Land Transport Authority of Singapore (LTA) to offer fully autonomous rides to the public. This achievement comes after a year of safe service since June 2024, during which the Robobus transported tens of thousands of passengers within RWS and completed thousands of autonomous trips.“This launch marks a groundbreaking milestone for WeRide and the future of mobility in Southeast...
Fixing of coupon – Nykredit Realkredit A/S
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To Nasdaq CopenhagenFIXING OF COUPON RATES 17 July 2025
Fixing of coupon rates effective from 21 July 2025
Effective from 21 July 2025, the coupon rates of floating-rate bonds issued by Nykredit Realkredit A/S will be adjusted.
Bonds with quarterly interest rate fixingThe new coupon rates will apply from 21 July 2025 to 20 October 2025:
Uncapped bondsDK0030509559, (SNP), maturity in 2026, new rate as at 21 July 2025: 3.4640% pa
Questions may be directed to Investor Relations at investor_relations@nykredit.dk or Press Officer Peter Klaaborg, tel +45 44 55 14 94.AttachmentFixing of coupon rates – Nykredit Realkredit – 20250717
Ascentage Pharma Announces Closing of Placement Shares in Top-Up Placement
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ROCKVILLE, Md. and SUZHOU, China, July 17, 2025 (GLOBE NEWSWIRE) — Ascentage Pharma Group International (NASDAQ: AAPG; HKEX: 6855) (“Ascentage Pharma” or the “Company”), a global biopharmaceutical company dedicated to addressing unmet medical needs in cancers, announced the closing of an offshore placement (the “Offshore Placement”), pursuant to which Dajun Yang Dynasty Trust, an affiliate of the Company’s Chief Executive Officer, Dajun Yang, M.D., Ph.D. (the “Vendor”), offered and sold 22 million ordinary shares, par value US$0.0001 per share, of the Company (the “Placement Shares”) at a price of HKD68.60 per share. In connection with the Offshore Placement, the Vendor has subscribed for, and the Company will issue to the Vendor, 22 million new ordinary shares of the Company (the “Replacement Shares”) at a price of HKD68.60, resulting...