GRAND-LANCY, Switzerland, December 10, 2025 – Temenos AG (SIX: TEMN), a global leader in banking technology, today announces a new share buyback program of up to CHF 100m, which will commence on December 11, 2025 and last until December 30, 2026 at the latest.
The shares will be repurchased through the ordinary trading line and will be used for general business purposes, including employee equity incentive plans and/or the financing of potential acquisitions.
The share buyback is supported by Temenos’ strong free cash flow generation. The company expects its leverage to be within the target range of 1.0 to 1.5x net debt to non-IFRS EBITDA by year-end 2026.
Further details of the share buyback will be made available here.
Moodle today announced that LMS Hosting Services has joined the Moodle Certified Partner network. Based in Perth, Western Australia (the birthplace and home of Moodle), this partnership marks a strategic milestone in delivering high-quality, scalable eLearning solutions to the education, government, and corporate sectors across Australia and the wider Asia Pacific (APAC) region.
“For us, becoming a Moodle Certified Partner was about more than recognition,” said Michael Claydon, Managing Director of LMS Hosting Services. “We wanted to demonstrate our unwavering dedication to excellence, innovation, and reliability in the digital learning space. This partnership allows us to deepen our contribution to the global Moodle community while ensuring our clients receive support and services that meet the most rigorous industry standards.”
The announcement comes at a time when the demand for high-quality online learning in the APAC region is accelerating. Organisations are rapidly expanding their digital training capabilities but often face challenges related to varying levels of digital maturity and a lack of in-house technical expertise. LMS Hosting Services aims to bridge this gap by offering deep support and training to ensure successful adoption. By providing modern cloud infrastructure and customised learning environments, they position themselves as a vital resource for clients who rely on eLearning to drive productivity and compliance in a competitive market.
Claydon added, “Partnering with Moodle ensures every client we work with gains not just a provider, but a trusted expert aligned with Moodle’s vision, roadmap, and best practices. Our goal has always been to empower organisations to create meaningful and impactful learning experiences, and this certification strengthens our ability to do exactly that.”
LMS Hosting Services promotes a fully managed Moodle service designed to eliminate technical complexity for its clients. Their comprehensive offering includes high-performance hosting, full site installations, and custom theme development to ensure platforms are secure, fast, and brand-aligned. Beyond technical setup, the organisation provides extensive ongoing support, including unlimited staff training, course-building assistance, and consultancy. They specialise in optimising Moodle environments to streamline workflows and build effective, scalable learning experiences.
A prime example of LMS Hosting Services’ technical capability and innovation is their creation of an API for PowerPro, a Student Management System built specifically for modern Registered Training Organisations (RTOs). Fully compliant with the 2025 RTO Standards, AQF, and AVETMISS 8.0, PowerPro integrates seamlessly with Moodle platforms. This solution demonstrates LMS Hosting Services’ ability to extend the Moodle ecosystem, offering clients a powerful API for customisation and a system that delivers complete capability without complexity, backed by real-time support from their locally based team.
As the newest Moodle Certified Partner, LMS Hosting Services guarantees access to world-class expertise and essential support, ensuring their digital learning initiatives are built upon robust, reliable, and highly functional Moodle foundations.
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(Bloomberg) — Asian stocks were mixed as investors awaited clues about the Federal Reserve’s policy path in its final interest-rate decision of the year.
Chinese property stocks rallied on optimism over potential policy support, while stock benchmarks climbed in Taiwan and fell in South Korea. US equity futures were little changed. Silver extended a rally after rising to a record, while Australian bonds dropped for a second day following Tuesday’s hawkish central bank decision.
Traders are anticipating a third consecutive Fed rate cut Wednesday, while the focus will be on the central bank’s latest dot plot, economic projections and comments from Chair Jerome Powell. Volatility around the decision has been among the defining characteristics of equity trading in the past six weeks, superseding concern about a potential AI bubble and the impact of President Donald Trump’s trade policies.
“Asian equities are drifting in light red as investors brace for one of the most ‘known-yet-unknown’ final Fed packages of the year,” said Hebe Chen, an analyst at Vantage Markets in Melbourne. “With a 25 basis-point cut widely viewed as locked in, the real swing factor will be the Fed’s economic projections, unusually delivered without a full quarter of verified data — leaving a wide runway for interpretation and volatility.”
Chinese property stocks surged in Wednesday afternoon trading on expectations for policy stimulus from Beijing and hopes of progress in China Vanke Co.’s debt talks.
A Bloomberg Intelligence gauge of Chinese developer shares jumped more than 4% as trading resumed after the mid-day break. Shares of Vanke, which is at the center of investor scrutiny following bond payment delays, jumped as much as 19% in Hong Kong.
Chinese retail stocks also rose after Beijing called for prioritizing the industry as a key driver to boosting domestic demand. Retail should be prioritized as a key driver for building a robust domestic demand system and strengthening the domestic economic cycle, Vice Commerce Minister Sheng Qiuping said at a briefing.
Silver extended its rally after breaking above $60 an ounce for the first time on Tuesday, with momentum coming from supply tightness and bets on further monetary easing by the Fed. The white metal rose as much as 1.3% to a record $61.4797 an ounce on Wednesday.
“Silver has a big retail and speculative base,” said David Wilson, director of commodities strategy at BNP Paribas SA. “Once you have an upside momentum, it tends to bring in more money.”
Australia’s three-year note yield climbed as much as seven basis points to 4.21%, the highest since November 2024. The yield had jumped 10 basis points on Tuesday when central bank Governor Michele Bullock called an end to a truncated easing cycle as policymakers gauge whether a pickup in inflation requires an extended interest-rate pause or a switch to tightening.
Global bond yields have risen to highs last seen in 2009 ahead of a key Federal Reserve policy meeting, signaling concerns that interest-rate cutting cycles from the US to Australia may be ending soon.
US Treasuries were little changed after dropping Tuesday when data showed October job openings increased to the highest level in five months. The Fed’s two previous cuts this year were intended to address weakening employment conditions, including a rise in the unemployment rate to nearly 4.5%.
Kevin Hassett, the frontrunner in Trump’s search to replace Powell, said on Tuesday that he sees plenty of room to substantially lower rates, even more than a quarter-point cut.
Another Fed rate cut is seen as further eroding the options for investors who are looking for healthy income levels. In recent years, investors were paid handsomely to play it safe. Short-term US Treasuries offered yields above 5% — a rare chance to earn solid returns without locking up capital or chasing risk.
The Fed’s expected cut is a reminder that “today’s yields may not always be available,” said James Turner, co-head of global fixed income for EMEA at BlackRock in London. Pension and insurer clients are looking toward high yield, emerging-market debt, AAA rated collateralized loan obligations and securitization investments, to “enhance income and diversify,” he said
Oil held the biggest two-day drop in a month as concerns about global oversupply continued to weigh on sentiment.
Corporate News:
China Vanke Co. creditors are set to meet Wednesday as the distressed developer makes one more push to win support for a bond extension plan aimed at averting a default. SpaceX is moving ahead with plans for an initial public offering that would seek to raise significantly more than $30 billion, people familiar with the matter said, in a transaction that would make it the biggest listing of all time. Major investors in First Brands Group have offloaded stakes in the bankrupt auto supplier’s debt in recent days, causing the value of its most senior loan to collapse and prompting it to pull forward a lender call to calm nerves. Parkview Group Ltd. has secured a $940 million loan refinancing deal backed by a key Beijing asset, according to people familiar with the matter, ending a months-long saga that had weighed on the Hong Kong developer amid China’s prolonged property crisis. Some of the main moves in markets:
Stocks
S&P 500 futures were little changed as of 3:31 p.m. Tokyo time S&P/ASX 200 futures rose 0.1% Japan’s Topix rose 0.1% Hong Kong’s Hang Seng rose 0.1% The Shanghai Composite fell 0.1% Euro Stoxx 50 futures fell 0.2% Currencies
The Bloomberg Dollar Spot Index was little changed The euro was little changed at $1.1633 The Japanese yen rose 0.1% to 156.70 per dollar The offshore yuan was little changed at 7.0580 per dollar Cryptocurrencies
Bitcoin was little changed at $92,623.68 Ether rose 0.6% to $3,323.17 Bonds
The yield on 10-year Treasuries was little changed at 4.18% Japan’s 10-year yield was unchanged at 1.955% Australia’s 10-year yield advanced five basis points to 4.81% Commodities
West Texas Intermediate crude rose 0.3% to $58.41 a barrel Spot gold was little changed This story was produced with the assistance of Bloomberg Automation.
