Tanking China Coking Coal Market Gets Respite After Output Halts
Inspections in the Linfen area of the province have intensified, and mines delivering about 10.5 million tons a year were verbally notified on Monday to suspend operations, according to industry publication SXCoal. Some miners have reported that the stoppages are provisionally scheduled to last 10 days.
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Yahoo
29 minutes ago
- Yahoo
2 investment trusts I'd consider for long-term passive income
For my money, the best way to source a long-term second income is to invest in dividend-paying assets. I own a variety of stocks, investment trusts and exchange-traded funds (ETFs) that have a history of paying a large and growing income over time. Here are two that have caught my attention this month. I'll consider adding them to my Stocks and Shares ISA when I next have spare cash to invest. Growth and income potential At 11%, Henderson Far East Income (LSE:HFEL) has one of the highest forward dividend yields on the London stock market. This reflects in large part significant share price weakness in recent years that's inflated the yield. As its name implies, it provides significant exposure to China and the surrounding regions. Around 27% of its capital is tied up in Chinese equities alone. So amid signs of severe economic cooling there, it's no shock to see it fall in value. The trust's regained much ground in 2025, thanks to signs of improvement in China's economy. Yet with trade tensions simmering, it's possible the share price could turn lower again. However, I still think Henderson Far East Income is an attractive trust to consider. Its investment across a spectrum of Asian powerhouse economies (including Hong Kong, India and South Korea) provides abundant opportunities for shareholders to tap into. With continental wealth levels and population sizes booming, I think it provides excellent growth and income potential. The make-up of its portfolio also allows it to weather individual dividend shocks and pay a large and growing dividend. As well as providing excellent geographical diversification, the 70-plus companies it holds are spread across multiple sectors including financial services, consumer goods, real estate and technology. As you can see, annual dividends have kept steadily rising, even in spite of troubles in the key Chinese market. In fact, they've grown for 17 years on the bounce. Another top trust TR Property Investment Trust (LSE:TRY) doesn't have such a knockout near-term dividend yield. For 2025, it sits at a still-market-beating (but not double-digit) figure of 5%. What it does have however, is a similarly excellent record of unbroken dividend growth. Shareholder rewards have risen almost each year for around 20 years. TR invests in real estate investment trusts (REITs) across Europe, including the UK. This makes it a reliable source of income as, under sector rules, these trusts must pay at least 90% of annual rental earnings out in dividends. That's in exchange for the tax breaks they receive. Many of these trusts focus on cyclical sectors like retail, leisure and industrials. And so rental collection and building occupancy are highly sensitive to economic conditions. But strong diversification across sectors helps limit such damage on overall returns. Healthcare, residential and food retail are also among the industries it has exposure to through the 48 REITs it holds. Today, the trust trades an a near-8% discount to its net asset value (NAV) per share of 352p. Combined with that large dividend yield, I think it's a great value investment trust to consider. The post 2 investment trusts I'd consider for long-term passive income appeared first on The Motley Fool UK. More reading 5 Stocks For Trying To Build Wealth After 50 One Top Growth Stock from the Motley Fool Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Motley Fool UK 2025 Sign in to access your portfolio
Yahoo
35 minutes ago
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Luxury car owners can't use RM300 exploit to skip road tax, says transport minister
KUALA LUMPUR, Aug 7 — Owners of seized vehicles must still renew their road tax before they can retrieve them, Transport Minister Anthony Loke said today, amid claims that some luxury vehicle owners are opting to pay fines instead of renewing their road tax. Loke said paying the RM300 fine under the Road Transport Act does not exempt offenders from renewing their expired road tax. 'Even though the fine is cheaper than renewing their vehicle's road tax, that doesn't mean they can avoid it. 'They still need to pay their road tax before they can retrieve their vehicles,' he told reporters. Yesterday, the Road Safety Expert Association (PPKJR) warned that the outdated Road Transport Act is being exploited by wealthy drivers, who are willing to pay the fine rather than renew their road tax and insurance — turning what should be a penalty into a routine payment. The group said the current RM300 minimum fine fails to deter such offences and has not curbed the growing trend.
Entrepreneur
an hour ago
- Entrepreneur
Battery Visionary
At the core of Exponent's offering is a seamlessly integrated ecosystem: the e^pack (battery), e^pump (charger), and e^plug (connector), all designed to work together. Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. When Arun Vinayak co-founded Exponent Energy back in 2020, he wasn't just launching a new business—he was setting out to solve what he believed was the biggest hurdle in India's electric vehicle (EV) ecosystem: energy. "As the EV market evolved, it became obvious that the driving experience had finally caught up with traditional petrol and diesel cars," Arun shared. "But we were still facing issues like long charging times, poor battery life, and a lack of infrastructure. These weren't isolated problems—they were symptoms of a broken energy system." This insight inspired Arun and his team to create a solution from the ground up. At the core of Exponent's offering is a seamlessly integrated ecosystem: the e^pack (battery), e^pump (charger), and e^plug (connector), all designed to work together. The outcome is a standard lithium iron phosphate (LFP) battery that can fully charge in just 15 minutes and lasts for an impressive 3,000 cycles. "What sets us apart," Arun noted, "is our ability to provide ultra-fast charging without sacrificing affordability or battery life." One of Exponent's standout innovations is its heat management system. Rather than using bulky and costly onboard cooling systems, Exponent has cleverly integrated the thermal system into the charging station itself. "Our off-board cooling circulates refrigerated coolant through the connector, cooling each cell individually," he explained. "This keeps the battery at its optimal temperature—even in India's extreme weather—without adding extra cost or weight to the vehicle." Even with its current success, Exponent's path hasn't been without its bumps. "India hasn't historically excelled in hardware innovation," Arun admitted. "Finding the right talent and fostering a strong engineering culture was essential." Convincing manufacturers to embrace their technology was another challenge. Arun addressed this by engaging directly with end-users. "Once we demonstrated the value to customers, it became much easier for OEMs to place their trust in us." Today, Exponent powers over 1,700 vehicles across five Indian cities (Delhi NCR, Chennai, Ahmedabad, Kolkata, and Hyderabad) and has completed more than 350,000 charging sessions."We've just rolled out India's first and the world's third 1 megawatt fast-charging technology for heavy electric vehicles," Arun shared. Looking to the future, he envisions tremendous growth. "We've demonstrated that the technology is effective and scalable. Now, it's all about branching out into different vehicle types and cities," he explained. "The EV battery market is just beginning, and we're thrilled to be at the forefront." Arun's goal is straightforward: "Our mission has always been to make energy simpler and electrify transportation. That's a commitment that remains unchanged—and it always will." Facts:
