Shares of India’s National Aluminium Co. and Hindalco Industries fell as much as 2.5% on August 13, tracking a second straight day of declines in aluminum prices. Supply worries eased after a major Middle East smelter said it plans to restore output earlier than expected, and Australia’s largest aluminum smelter secured a A$2.5 billion government bailout to keep operating. Aluminum in London slipped 0.9% to $3,282.50 a ton, while copper fell 0.4% and zinc dropped 0.8%, weighing on the broader metals sector.

Japanese stocks ended higher, with the Nikkei 225 closing up 1.6% at 68,605.51 and the Topix rising 0.51% to 4,160.28 for a seventh straight gain and a record high. Chip-linked shares led the advance after the PHLX Semiconductor Index rose about 2.5% in the U.S. Advantest gained 5.35%, while Kioxia jumped 10.01% and Ibiden rose 9.77%. Toppan surged 14% after upbeat quarterly results.

Tata Motors reported Q1 FY27 net profit of Rs 2,560 crore, up 83.3% year on year, while revenue rose 19% to Rs 20,667 crore, helped by mark-to-market gains on Tata Capital investments. After the results, Nomura upgraded the stock and CLSA kept its Outperform rating. The shares climbed as much as 6% intraday to Rs 485 on the next session.

South Korea’s Kospi surged 3.73% to 6,824.54, its highest level since July 24, led by chip stocks on artificial-intelligence demand. SK Hynix rose more than 7% and Samsung Electronics gained more than 5%. Foreign investors were net buyers of $778.5 million in equities, while the won strengthened 0.38% against the dollar. POSCO Holdings slipped 0.08% and Samsung Biologics climbed 0.84%.

Jio Financial Services shares rose more than 3% to Rs 263 on the BSE on Thursday after the company said Bank of America will buy a 49.9% stake in its wholly owned nonbank lender, Jio Credit, in a Rs 18,268 crore deal. Bank of America will first take a 26.5% stake through a preferential allotment of equity shares. It can later lift the holding to 49.9% by exercising warrants, subject to regulatory approvals.

Tata Motors shares climbed 6% to Rs 484.6 after the company reported strong first-quarter results. Nomura upgraded the stock to Buy, while CLSA said its target price implies more than 30% upside from the prior close. The company’s Q1 EBITDA margin was about 50 basis points above consensus, and its market capitalisation stood at more than Rs 1.68 lakh crore.

LayerZero is set to unlock about 25.71 million ZRO tokens at 11:00 AM on August 20, data from Web3 asset platform RootData show. Based on current prices, the tokens are valued at about $20.74 million. ChainCatcher reported the information.

An ASX-listed property trust reported FY26 funds from operations of 17.6 cents per security, topping its guidance of 17.4 cents, while distributions were 16.6 cents per security in line with expectations. Net profit fell to $74.4 million from $84.2 million a year earlier, mainly due to lower property valuation gains. Portfolio income rose 5.3% with occupancy at 98.8% and releasing spreads of 21.4%, and the trust said its buyback program has progressed with the target increased from 2.5% to 5%.