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US Natural Gas Stocks Post Larger Gain Than Expected in Week Ended April 17

-- US natural gas stocks rose by 103 billion cubic feet in the week ended April 17, a larger gain than the 96 billion increase expected in a survey compiled by Bloomberg as of 7:35 am ET and following a revised increase of 60 billion cubic feet in the previous week.

Stocks at 2.063 trillion cubic feet are 7.4% higher than in the comparable week a year ago and 7.1% above their 5-year average.

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Downer EDI's AU$400 Million Senior Unsecured Notes Receive 'BBB' Rating From Fitch

Downer EDI (ASX:DOW, NZE:DOW) received a "BBB" rating on its AU$400 million in 6.488% senior unsecured notes due April 2033, according to a Friday note from the credit ratings agency.Fitch said the key rating drivers include Downer's limited exposure to Middle-East conflict-driven cost pressure, restored free cash flow generation, and its expectation that the company's margin recovery will continue, among other drivers.The key rating-case assumptions include Fitch-defined revenue falling by around 5% in fiscal 2026 following the sale of non-core businesses, before rising by an average of 3% a year from fiscal 2027 to fiscal 2029.Downer EDI's Australian shares fell 1% in recent Friday trade.

$ASX:DOW$NZE:DOW
Asia

Shennan Circuit's Q1 Profit Jumps 73%, Revenue Rises 38%

Shennan Circuit's (SHE:002916) net profit attributable to shareholders in the first quarter jumped 73% to 850.2 million yuan from 491.4 million yuan a year earlier, according to a Shenzhen bourse filing on Friday.Earnings per share climbed 32% year on year to 1.27 yuan from 0.96 yuan.Operating revenue increased 38% to 6.60 billion yuan from 4.78 billion yuan in the previous year.The printed circuit board manufacturer's shares fell over 1% in late-morning trade Friday.

$SHE:002916
Asia

SPIC's 2025 Profit Slips, 1%, Revenue Rises 2%; Shares Down 3%

SPIC Industry-Finance's (SHE:000958) net profit attributable to shareholders in 2025 slipped 0.7% year on year to 3.29 billion yuan, or 0.2541 yuan per share, according to a Shenzhen bourse filing on Friday.The attributable profit a year earlier was 3.32 billion yuan, or 0.2558 yuan per share.Total operating revenue rose 1.9% to 12.5 billion yuan from 12.2 billion yuan in the previous year.The Chinese heat and electricity supply services provider's shares fell over 3% during the morning trade.

$SHE:000958