Google’s Open-Source AI Data Center Cooling Design Raises Commoditization Concerns 
SK Hynix Overtakes Samsung as South Korea’s Most Valuable Company 
Chinese Social Media Giant Xiaohongshu Eyes Hong Kong IPO at Over $70 Billion Valuation 
J.P. Morgan Sees Potential Vestas Guidance Upgrade Amid Strong Wind Energy Demand 
Hyundai to Acquire SoftBank’s Remaining Boston Dynamics Stake for $325 Million 
Carro Expands Into Australia With Acquisition of Used-Car Platform CarPlace 
TD Bank Expands Employee Monitoring Software to Boost Productivity Amid Privacy Concerns 
Saudi Aramco Explores Sulphur Business Stake Sale to Raise Billions 
100+ Global Companies Push Governments to Prioritize Electrification for Economic Growth 
Samsung Gains Interest from BYD, Google, AMD as AI Chip Demand Strains TSMC Capacity 
Frank Stronach Found Guilty of Sexual Assault and Indecent Assault in Ontario Court 
Ukrainian Drone Makers Target Japan and Asia Defense Market 
BHP Shares Fall as Jansen Potash Project Costs Surge 
US Raises Concerns Over Possible ASML EUV Machine Transfer to China 
Meta Seeks Legal Shield From Child-Harm Lawsuits Amid KOSA Talks 
Qantas Unveils Wellness-Focused Nonstop Sydney-London Flights to Reduce Jet Lag 
Trump Says Anthropic No Longer Seen as National Security Threat 
Australian coal miner New Hope Corp (ASX:NHC) saw its shares jump over 7% to A$3.99 after reporting a significant 35% rise in half-year net profit. The company’s net profit after tax reached A$340.3 million for the six months ending January 31, driven by higher production and lower unit costs.
Strong output from its Bengalla Mine, which hit its target run rate, and the continued ramp-up at New Acland Mine supported production gains. Despite weaker coal prices, cost discipline helped offset market headwinds.
New Hope’s underlying EBITDA climbed to A$517.3 million, boosted by a 32.9% surge in saleable coal production to 5.4 million tonnes. The company achieved steady-state operations at Bengalla, producing 13.4 million tonnes annually, while securing legal certainty for New Acland Stage 3 expansion.
In a move to reward shareholders, New Hope declared an interim dividend of 19 Australian cents per share, up from 17 cents a year earlier. It also announced an on-market share buyback of up to A$100 million, leveraging strong cash flow generation to support capital returns and growth projects.
The company’s impressive financial performance highlights its ability to navigate market challenges, maintain operational efficiency, and deliver strong shareholder value.
