05:37 AM EDT, 05/30/2024 (MT Newswires) -- Hywin Holdings Ltd. ( HYW ) said Thursday that it has received notice from the Nasdaq Stock Market that the company is not in compliance with the minimum bid price requirement under Nasdaq listing rules. This comes as the closing bid price of the company's American depositary shares was below $1 per ADS...

DUBAI, May 30 (Reuters) - Saudi Arabia may announce a landmark secondary share offering in oil giant Aramco later on Thursday, pending final approval, people with knowledge of the matter said. Final approval would come from Crown Prince Mohammed bin Salman. The share offering is expected to be launched on Sunday, the sources said. The offering is the culmination of...

May 30 (Reuters) - Canadian Imperial Bank of Commerce ( CM ) reported a rise in second-quarter profit on Thursday, driven by robust performance in its capital markets and direct financial services segment. The bank's net income rose to C$1.75 billion ($1.28 billion), or C$1.79 per share, in the three months ended April 30, from C$1.69 billion, or C$1.76 per...

By Ju-min Park and Heekyong Yang SEOUL (Reuters) - A South Korean court ruled SK Group Chairman Chey Tae-won must pay more than $1 billion to his estranged wife as part of their planned divorce, sending shares in the group's holding firm surging on speculation that he will have to purchase more stock to cement his control. The Seoul High...