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Archive: 2025-03-03 (664) - Page 13/14 (50)

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Boosting Growth Through Compound Interest: The Case of Returns On Capital At Ricegrowers (ASX:SGLLV)

Ricegrowers has demonstrated promising growth through its returns on capital, with an ROCE of 17% surpassing the Food industry average of 7.6%. This improvement is largely attributed to increased profitability as the company effectively reinvests capital into its business. By achieving compound interest-like growth, Ricegrowers positions itself for long-term success.

Investigation Into Social Media Companies Over Children's Personal Data Practices

Britain's privacy watchdog has launched an investigation into how TikTok, Reddit, and Imgur safeguard children's privacy, citing concerns over the use of personal data by Chinese company ByteDance's short-form video-sharing platform. The investigation follows a fine imposed on TikTok in 2023 for breaching data protection law regarding children under 13. Social media companies are required to prevent children from accessing harmful content and enforce age limits.

China's Zhipu AI Raises $137 Million as State Funds Bet on AI Race.

Chinese artificial intelligence startup Zhipu AI has secured a significant influx of funding, further solidifying its position in the rapidly evolving AI landscape. With the backing of state-backed investors, Zhipu AI is well-positioned to compete with rival startups like DeepSeek, which has gained attention for matching the capabilities of leading Western platforms. The company's focus on open-source AI models and expansion into key regions such as Zhejiang province and the Yangtze River Delta economic zone will be crucial in determining its success.

Full Sake by Full Sail Alumni in Film and Television Industry

Full Sail University is proud to share that 14 alumni were credited on 5 Oscar-winning releases across 11 categories. The university's Film & Television-centric degree programs have yielded numerous accolades, with graduates working in various roles such as Supervising Sound Editor, Content Protection Executive, and Animator on winning projects. This year's Academy Awards ceremony highlighted the talents of Full Sail University graduates who worked behind the scenes on Oscar-nominated and winning releases.

China's Zhipu Ai Raises $137 Million as State Funds Bet on Ai Race

Zhipu AI, a Chinese artificial intelligence startup, has raised over 1 billion yuan ($137.22 million) in fresh funding, months after securing a 3 billion yuan investment. The funding round comes amid intensifying competition in China's AI sector, particularly after rival DeepSeek's emergence with its large language models that claim to match Western competitors' capabilities at lower costs. Zhipu AI plans to use the funds to enhance its GLM large language model and expand its AI ecosystem.

Meier Tobler Group Beats Expectations but Struggles with Revenue Growth

Meier Tobler Group's (VTX:MTG) Full Year 2024 earnings have surpassed analyst expectations, with a profit of CHF21.3m and an EPS of CHF1.92. However, the company's revenue has declined by 9.1% from FY 2023, missing estimates by 5.3%. The profit margin has also decreased to 4.3%, down from 5.0% in FY 2023.

Hulu Prematurely Ends Oscars Stream Right Before Final Awards

Hulu's premature shutdown of its Oscars stream just hours into the ceremony left viewers outraged and confused, with some customers still unable to access the live event due to technical issues. The streaming service claimed that it experienced "technical and live stream issues," but failed to provide adequate explanations for the widespread outages. In a statement, Disney apologized for the experience and promised to make a full replay of the event available as soon as possible.

Beer Tax Relief Angers Aussies ‘Left Out’ of 'Major' Cut

The Australian government's recent decision to freeze the alcohol excise duty for draught beer has sparked disappointment among those in the spirits industry, who feel excluded from this long-awaited relief. While the freeze marks a significant policy shift after four decades, it only applies to beer, leaving spirits to face ongoing tax increases that strain consumer affordability. Industry leaders argue that the current tax regime, one of the highest in the world, hampers local distillers and pushes consumers to prefer staying home instead of enjoying a drink out.

Brazil Wins Its First Oscar in a Major Category as "I'm Still Here" Takes Home Best International Feature Film

The 97th Academy Awards marked a historic moment for Brazilian cinema with the film "I'm Still Here", directed by Walter Salles, taking home the award for Best International Feature Film. The movie, set against the backdrop of Brazil's military dictatorship, tells the true story of a mother of five whose husband disappears, and its poignant portrayal of loss and resilience in the face of oppression resonated with audiences worldwide. The film's win was seen as a significant milestone for Brazilian cinema, which has faced challenges in recent years due to a decline in government support and funding.

Morgan Freeman Leads Oscar Tribute to 'Dear Friend' Gene Hackman

Morgan Freeman has led tributes at the annual Academy Awards ceremony to fellow Hollywood star Gene Hackman, whose death last month is under police investigation. This week, our community lost a giant and I lost a dear friend," said Freeman, who worked with Hackman in two films, including 1992's Unforgiven, which won Hackman his second Oscar. Morgan Freeman, 87, also starred alongside Hackman in 2000 film Under Suspicion.

Oscars 2025: 'Anora' Cleans up, Adrien Brody and Zoe Saldana Make History

"Anora" took home the top prize at the 97th Academy Awards, winning five awards including best picture. The film's director Sean Baker became the first person to win four Oscars for the same film, while star Ariana Grande made her Oscar debut alongside co-star Cynthia Erivo. Meanwhile, Adrien Brody and Zoe Saldana broke new ground as the first actor and American of Dominican descent to take home an Oscar.

Yong Tai Berhad Struggles with Financial Losses and Low Earnings Per Share

Yong Tai Berhad's financial performance for the second quarter of 2025 revealed a net loss of RM2.99 million, down from a profit of RM81.0k in the same period last year. The company's earnings per share (EPS) was also low at RM0.001. Despite this, Yong Tai Berhad shares are still down 8.6% from a week ago.

How China Could Boost Its Weak Consumption.

China has repeatedly pledged to make the consumer sector a more prominent driver of economic growth but is yet to implement any structural policy changes to achieve this.Analysts say potential costs in the trillions of dollars and risks that reform could bring instability are making officials wary of bold policy decisions.Below are policy options for Beijing and some of the trade-offs involved.

Oscars 2025: The List of Winners in Full

The 2025 Academy Awards celebrated a diverse array of films, with Anora dominating the night by winning Best Picture and multiple major awards, including Best Actress for Mikey Madison and Best Director for Sean Baker. Other notable winners included Conclave and The Brutalist, which also garnered significant recognition in various categories, highlighting the competitive landscape of contemporary cinema. The event showcased the evolving narrative of storytelling in film, as well as the emergence of new talent alongside established figures.

High Insider Ownership Growth Stocks In Asian Markets March 2025

As global markets face challenges such as regulatory uncertainties and trade tensions, Asian markets are navigating these complexities with resilience. Amidst this backdrop, growth companies in Asia with high insider ownership can offer unique insights into potential stability and alignment of interests between management and shareholders. NameInsider OwnershipEarnings Growth Seojin SystemLtd (KOSDAQ:A178320)32.1%39.9% Quick Intelligent EquipmentLtd (SHSE:603203)34.2%35.6% Laopu Gold (SEHK:6181)36.4%43.2% Gudeng Precision Industrial (TPEX:3680)30.8%33% M31 Technology (TPEX:6643)27.2%71% WinWay Technology (TWSE:6515)22.6%32.8% HANA Micron (KOSDAQ:A067310)18.3%125.9% BIWIN Storage Technology (SHSE:688525)18.9%88.8% giftee (TSE:4449)34.3%69.3% Fulin Precision (SZSE:300432)13.6%71%

India's Adani Group Seeks Financial Rescue Amid Allegations

India's Adani Green has raised $1.06 billion to refinance a renewable energy project's 2021 debt facility, it said on Monday, in its first major fund raise since the U.S. indictment of its top executives over an alleged bribery scheme. The company's move is seen as an effort to shore up finances and mitigate potential losses following the allegations against Adani Group chairman Gautam Adani. This development underscores the significant risks associated with investments in India's renewable energy sector.

Asian Market Insights: China Ever Grand Financial Leasing Group Among 3 Noteworthy Penny Stocks

China Ever Grand Financial Leasing Group, with a market cap of HK$263.22 million, operates in finance lease and consulting services across China and Hong Kong. Despite being unprofitable, the company has improved its debt position significantly over the past five years and maintains more cash than total debt. However, volatility remains high with a less seasoned management team averaging 1.7 years tenure.

Undiscovered Gems In Asia To Explore This March 2025

Pamica Technology Corporation showcases an attractive profile with its earnings growth of 30.7% over the past year, outpacing the Electrical industry’s 1.3%. The company seems to manage its finances prudently as it has more cash than total debt and maintains a price-to-earnings ratio of 26.9x, which is below the CN market average of 37x. Despite not being free cash flow positive recently, Pamica continues to exhibit high-quality earnings.

Thailand's Human Rights Record Tested

Thailand has defended its decision to send 40 Uyghurs back to China, citing human rights protocols. The move came after the Uyghurs were arrested at Bangkok's Suvarnabhumi Airport on suspicion of overstaying their visas. Thai authorities have since returned the group to Chinese custody.

Earthy Hues and Plenty of Sparkle at Giorgio Armani Milan Fashion Show

Giorgio Armani's latest womenswear collection, "Roots," showcased a 90-year-old veteran blending earthy tones with sparkle for dazzling evening wear. The autumn/winter 2025 line featured golden, sandy, beige, and grey jackets and tops worn with loose or silky trousers, before transitioning to darker tones of green, brown, and blue for sleek coats, dresses, tops, trousers, and knits. For the evening, models wore light and dark grey jackets, dresses, and crop tops paired with skirts that sparkled with shiny sequins.

Cyclone Looms as Aussie Staple Disappears From Shop Shelves

Panic buying has struck supermarkets across South East Queensland amid forecasts of Tropical Cyclone Alfred crossing the east coast, leaving shelves bare of essential items like bottled water, eggs, milk, and bread. Supermarkets are struggling to keep up with demand for these staples, leading some customers to resort to panic buying in preparation for possible supply outages ahead of the category 1 system intensifying off the coast. As the cyclone approaches, residents are being urged to prepare for intense rainfall and damaging winds.

US Commerce Secretary Wants to Remove Government Spending From GDP

U.S. Commerce Secretary Howard Lutnick's plan to strip out government spending from the gross domestic product (GDP) report could have significant implications for how the economy is measured and understood, potentially leading to a more accurate representation of private sector growth. This move aligns with Lutnick's stated goal of making GDP more transparent and free from what he sees as "wasted money" on government programs. The potential impact of this change on economic analysis and comparison with global peers is still uncertain.

US Commerce Secretary Wants to Remove Government Spending From GDP

U.S. Commerce Secretary Howard Lutnick's plan to strip out government spending from the gross domestic product (GDP) report would significantly alter the economic landscape, leading to increased volatility in data and potential distortions in measuring economic performance. The move is likely to have far-reaching implications for policymakers, economists, and businesses, as it would require adjustments to various financial metrics and indicators. Critics argue that such a change would undermine the accuracy of GDP calculations, making it difficult to compare economic growth across different regions and time periods.

I Wasn’t a Fan of the New Echo Show 15 and 21, but Alexa+ Has Changed My Mind

The introduction of Alexa+, Amazon's subscription-based voice assistant, has reshaped opinions about the Echo Show 15 and 21, showcasing the potential of these devices beyond their initial features. While earlier critiques focused on the iterative nature of the Echo Show updates, Alexa+ brings a new touch-based interaction model that enhances user engagement and functionality. This transformation not only redefines Amazon's smart display strategy but also raises questions about the future role of subscription services in consumer technology.

Iron Ore at More than 6-Week Low on Mounting US Tariff Tensions.

Iron ore futures fell for a sixth straight session on Monday amid rising trade tensions between the U.S. and top consumer China, outweighing upbeat Chinese manufacturing data. The most-traded May iron ore contract on China's Dalian Commodity Exchange (DCE) ended daytime trade 2.81% lower at 779.5 yuan ($106.91) a metric ton. Earlier in the session, prices hit 777.5 yuan, the lowest since January 14.

Iron Ore Prices Plummet Amid US-China Trade Tensions

Iron ore futures have fallen for a sixth straight session due to rising trade tensions between the U.S. and China, outweighing upbeat Chinese manufacturing data. Rising tariffs on Chinese steel imports by the U.S. have sparked concerns over supply chain disruptions in the aerospace industry. The decline in iron ore prices has raised questions about the impact of these tensions on global trade.

USAID Official Warns of Unnecessary Deaths From Trump's Foreign Aid Block, Then Says He's Been Put on Administrative Leave

Enrich warns of preventable deaths due to USAID dismantling as Trump's aid freeze affects Ebola, malaria, and tuberculosis efforts; DOGE blocks USAID payments despite waiver for lifesaving aid. The Trump administration's dismantling of the U.S. Agency for International Development will result in unnecessary deaths from withheld aid, according to a senior official. As a result, millions of people worldwide are at risk of suffering from preventable illnesses.

Baidu's Debt Financings Signal Tech Sector's Growing Appetite for Offshore Borrowing

Baidu Inc.'s planned sale of 10 billion yuan ($1.4 billion) in offshore bonds signals the tech sector's increasing reliance on international debt markets, a trend that could have implications for China's economic stability and the company's own financial health. The offering is just the latest move by a Chinese tech giant to raise capital in the global bond market, where companies like Alibaba Group Holding Ltd. have already been active in recent months. Baidu's decision to tap into offshore debt markets also comes as the company prepares to repay a $600 million security due in April.

Fintec Global Berhad Faces Financial Struggles: Loss Per Share Decreases

Fintec Global Berhad reported a loss per share of RM0.028 for the second quarter 2025, down from RM0.086 in the same period last year, as revenue declined by 87% to RM495.0k. The company's net loss narrowed by 67% to RM5.55m. This represents an improvement in the company's financial performance despite a challenging market environment.

TECHNODEX BHD Reports Slim Loss in Q2 2025 Earnings Amid Revenue Growth

Technodex Bhd, a Malaysian technology firm, reported a modest loss of RM0.001 per share for its second quarter 2025 earnings, narrowing from the same period last year's loss of RM0.002. The company's revenue increased by 18% to RM13.7 million, driven by strong sales momentum. Technodex Bhd's net loss improved significantly, indicating a gradual shift towards profitability.

Europoles to Spend on Defense

The euro has surged and defense stocks have rallied as European leaders have united to support Ukraine, driving bets on a wave of military spending. Defense companies like BAE Systems, Rheinmetall AG, and Saab AB have seen significant gains, with the Stoxx 600 index posting small moves in their favor. The common currency has risen against the dollar, outperforming peers.

Hong Kong Developer Raises Cash Flow, Cuts Debt to Boost Shares

Shares of New World Development rallied in early trading on Monday after the major Hong Kong developer said it would increase cash flow and cut debt as it reported an interim net loss of HK$6.63 billion ($852.63 million).The company's plan to launch two projects in mainland China in coming months is expected to boost sales and revenue, but analysts caution that a more concrete deleveraging plan is needed to address its high debt ratio. New World Development's market value has shrunk to about $1.5 billion from $14 billion in mid-2019, raising concerns about the company's financial stability.

Lenovo Yoga Pro 9i Aura Edition Announced Featuring 3.2K PureSight Pro Tandem OLED, Intel Core Ultra

The Lenovo Yoga Pro 9i Aura Edition boasts a cutting-edge 3.2K PureSight Pro tandem OLED display and the latest Intel Core Ultra 9 285H Arrow Lake-H CPU. Powered by AI-enhanced tools like Lenovo Creator Zone and Lenovo X Power, this laptop promises to elevate audio, video, and photo applications. The Yoga Pro 9i Aura Edition's sleek design and impressive specs make it an attractive option for creative professionals and gamers alike.

Lenovo Yoga Solar PC Proof of Concept and Yoga Solar PC Kit Shown Off as Sustainable Alternatives to Traditional Laptops.

Lenovo's Yoga Solar PC Proof of Concept is a revolutionary laptop that can charge using sunlight, with an integrated solar panel that keeps the machine topped-up at all times. The device can supposedly provide up to an hour's worth of video playback with just 20 minutes of direct contact to sunlight. Lenovo claims its "Back Contact Cell" technology allows for higher efficiency rates, up to 24%, compared to commercially available solar cells.

FC Barcelona Partnerships Drive HMD's Latest Phone Lineup

The HMD Barça Fusion and HMD Barça 3210 are made for FC Barcelona fans. Following a partnership in 2024, HMD has announced two new phones that iterate its official mobile partnership with the Spanish club. The HMD Barça Fusion and HMD Barça 3210 are special versions of the HMD Fusion and Nokia 3210 phones, made for Barça fans.

Alphabet Inc. (GOOGL) Stocks May Be Undervalued According to Analysts

Alphabet Inc.'s stock may be undervalued due to its wide moat, which provides a competitive advantage in the market. The company's strong economic growth, broadening earnings growth, and quality tilt underpin its conviction in US stocks compared to other regions. Analysts expect Alphabet's stock to perform well in the long term.

China Ouhua Winery Holdings Faces Financial Woes

China Ouhua Winery Holdings reported a full-year loss of CN¥46.1m, with revenue down 8.4% to CN¥14.3m, and a loss per share of CN¥0.069, widening from CN¥0.011 in the previous year. The company's financial performance has been impacted by various factors, including market fluctuations and operational challenges. The current losses have raised concerns among investors and stakeholders.

Oil Little Changed as Uncertainty over Ukraine, Global Growth Looms

Oil edged up on Monday as upbeat manufacturing data from China, the world's biggest crude importer, led to renewed optimism for fuel demand, although uncertainty about a Ukraine peace deal and global economic growth from potential U.S. tariffs loomed. Brent crude climbed 19 cents, or 0.3%, to $73.00 a barrel by 0720 GMT while U.S. West Texas Intermediate crude was at $69.95 a barrel, up 19 cents, or 0.3%. China's manufacturing activity expanded at the fastest pace in three months in February as new orders and higher purchase volumes led to a solid rise in production.

New World Development Raises Cash Flow, Cuts Debt to Shore Up Finances

Shares of New World Development surged in early trading after the company vowed to boost cash flow and reduce debt. By increasing active property sales and decreasing capital expenditure, New World aims to strengthen its financial position. The move follows a significant decline in the company's market value from $14 billion to $1.5 billion.

Aussies Ditching Private Health Insurance Amid Rising Costs

Millions of Aussies are planning to cancel their private health insurance policies as prices have increased by an average 3.7 per cent, the biggest jump in seven years. This will result in a $72 extra annual cost for policyholders. The average monthly premium is set to rise to $160, putting further pressure on household budgets.

Lenovo Unveils IdeaPad Slim 3x with Snapdragon X Chip and 16:10 OLED Screen

The Lenovo IdeaPad Slim 3x has been unveiled at MWC 2025, featuring an unspecified Qualcomm Snapdragon X chip, up to 24 GB of LPDDR5X RAM, 1 TB SSD, and a 60 Wh battery. The laptop's design and specs aim to provide a balance between power efficiency and performance for mobile gaming and general use cases. This device marks Lenovo's continued focus on developing Windows-on-Arm laptops powered by Qualcomm's Snapdragon X chips.

China Bubble Tea Chain Mixue Pops 47% on Debut as Hong Kong Ipo Volumes Rebound

Mixue Group's shares jumped over 47% in their debut on the Hong Kong Stock Exchange, with retail investors subscribing for 5,258 times more shares than were on offer. The strong demand was driven by Mixue's high profile among Chinese consumers and a lack of IPOs in Hong Kong. The company raised $444 million in its initial public offering, with new listings recording their strongest start to a year since 2021.

European Shares Rise as Defense Stocks Gain Traction; US Stocks Fall

The euro strengthened and European stocks rose on Monday as European leaders agreed to draw up a Ukraine peace plan, while Wall Street stocks eased due to uncertainty over U.S. tariffs on Canada and Mexico. The strengthening euro and rising European stocks were driven by the announcement of a joint defense agreement among Western nations, which is seen as a positive development for the region. This move is also expected to boost the defense sector in Europe.

GFM Services Berhad Full Year 2024 Earnings: EPS: RM0.031 (vs RM0.04 in FY 2023)

GFM Services Berhad's full-year 2024 earnings showed a decrease in profit margin from 19% in the previous year to 13%, primarily driven by higher expenses. The company reported revenue of RM190.4 million, up 31% from FY 2023, and net income of RM23.7 million, down 13%. Despite this decline, GFM Services Berhad shares are still up 4.3% from a week ago.

Treasury Department Abandons Anti-Money Laundering Enforcement

The US Treasury Department has announced that it will no longer enforce an anti-money laundering law, which requires business entities to disclose the identities of their real beneficial owners. The Biden-era Corporate Transparency Act has faced repeated legal challenges and opposition from the Trump administration, who deemed it a burden on low-risk entities. The decision allows millions of US-based businesses to avoid disclosing this information.

Treasury Department Abandons Anti-Money Laundering Law Enforcement

The US Treasury Department announced it will not enforce an anti-money laundering law requiring the disclosure of beneficial owners, citing concerns for low-risk entities and small businesses. This decision comes amid repeated legal challenges to the Biden-era Corporate Transparency Act, which aims to combat illicit funds laundering in the United States. The act's supporters argue that its abandonment undermines efforts to tackle money laundering.

Australians Abandon Health Insurance Due to Rising Costs

Millions of Australians are planning to cancel their health insurance policies due to rising premiums, with an estimated 3.3 million people considering ditching their cover. The average cost of a mid-range hospital policy is expected to increase by $72 per year, with some insurers hiking prices much higher than the average rate. Canceling health insurance can result in significant out-of-pocket costs and limited access to essential services.

Beauty Industry Shakeup as Huda Beauty Sells KAYALI to Co-Founder and General Atlantic

Huda Beauty has announced the sale of its fragrance brand KAYALI to co-founder Mona Kattan and private equity firm General Atlantic, allowing the beauty company to buy back a stake previously held by TSG Consumer Partners. Founded in 2018 by Huda Kattan and her sisters, Huda Beauty has gained significant social media traction, positioning itself ahead of competitors in the beauty industry. The restructuring aims to restore full founder ownership and maintain KAYALI's independence under Kattan's leadership.

The HMD Fusion X1 Is the First of HMD's Smartphones Designed Specially for Kids

The HMD Fusion X1 is a custom version of the HMD Fusion modular smartphone designed for teenagers, featuring safety features that parents can use to keep an eye on their wards. The phone has been created in partnership with Xplora, a company known for making smartwatches for kids, and was designed in response to a survey of 25,000 parents and children across several countries. The HMD Fusion X1 provides parents with control over their kid's smartphone, including location alerts, app approval, and screen time scheduling.

China's Economic Woes Weigh on Kweichow Moutai's Share Price and Sales

Kweichow Moutai, China's largest alcohol company, is facing declining sales of its premium liquor, the country's favorite firewater, which has traditionally been sold at weddings, business dinners, and state functions. The firm's revenues are heavily reliant on its ability to repay debt that Guizhou province, where it is majority-owned, is constantly struggling with. Moutai's strong cash flows have been a key factor in helping the government repay this debt.