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Yahoo
16-05-2025
- Business
- Yahoo
Can the US and China maintain progress on trade talks? Yahoo Finance readers have their say
Stocks have rallied this week after the US and China agreed to temporarily cut tariffs on each other's imports, marking a de-escalation in trade tensions. US Treasury secretary Scott Bessent said on Monday morning that the US and China had agreed to lower their tariffs on each other's imports by 115% for 90 days, following negotiations in Switzerland. The move lowers US reciprocal tariffs on Chinese goods from 145%, to 30% and cuts China's retaliatory duties from 125% to 10%. Investor optimism around the agreement has eased economic concerns and driven markets higher throughout the week. The S&P 500 (^GSPC) is up 4.7% over the past five days, at the time of writing, while the tech-focused Nasdaq Composite (^IXIC) has advanced 6.8% in that time. The UK's FTSE 100 (^FTSE) is 1.2% in the green over the past five days and the pan-European STOXX 600 (^STOXX) is up 1.7%. Wall Street opened higher on Friday, after president Donald Trump said that the US would unilaterally impose new tariff rates for a number of countries "over the next two to three weeks". Read more: Five 'buy' rated European travel stocks Trump said his administration cannot negotiate trade deals with all countries at once due to limited capacity. 'I think we're going to be very fair. But it's not possible to meet the number of people that want to see us,' Trump said during a meeting with business executives in the United Arab Emirates. While Monday's agreement marked a de-escalation in tensions between the US and China, the nature of a longer-term agreement is still uncertain. Mark Williams, chief Asia economist at Capital Economics, said in a note on Monday that the "US still has much higher tariffs on China than on other countries and still appears to be trying to rally other countries to introduce restrictions of their own on trade with China. In these circumstances, there is no guarantee that the 90-day truce will give way to a lasting ceasefire." Earlier in the week, we asked Yahoo Finance UK readers if they believed that the two countries would continue to make progress on trade talks. We received 215 votes, with 46% of respondents believing that they would, while 39% disagreed and 15% were undecided on the matter. Read more: Delay inheritance tax changes until 2027, ministers urged UK economy grows 0.7% in first quarter of the year Savers making costly 'bad decisions' around pensions as 15 million risk retirement povertyError while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
16-05-2025
- Business
- Yahoo
Can the US and China maintain progress on trade talks? Yahoo Finance readers have their say
Stocks have rallied this week after the US and China agreed to temporarily cut tariffs on each other's imports, marking a de-escalation in trade tensions. US Treasury secretary Scott Bessent said on Monday morning that the US and China had agreed to lower their tariffs on each other's imports by 115% for 90 days, following negotiations in Switzerland. The move lowers US reciprocal tariffs on Chinese goods from 145%, to 30% and cuts China's retaliatory duties from 125% to 10%. Investor optimism around the agreement has eased economic concerns and driven markets higher throughout the week. The S&P 500 (^GSPC) is up 4.7% over the past five days, at the time of writing, while the tech-focused Nasdaq Composite (^IXIC) has advanced 6.8% in that time. The UK's FTSE 100 (^FTSE) is 1.2% in the green over the past five days and the pan-European STOXX 600 (^STOXX) is up 1.7%. Wall Street opened higher on Friday, after president Donald Trump said that the US would unilaterally impose new tariff rates for a number of countries "over the next two to three weeks". Read more: Five 'buy' rated European travel stocks Trump said his administration cannot negotiate trade deals with all countries at once due to limited capacity. 'I think we're going to be very fair. But it's not possible to meet the number of people that want to see us,' Trump said during a meeting with business executives in the United Arab Emirates. While Monday's agreement marked a de-escalation in tensions between the US and China, the nature of a longer-term agreement is still uncertain. Mark Williams, chief Asia economist at Capital Economics, said in a note on Monday that the "US still has much higher tariffs on China than on other countries and still appears to be trying to rally other countries to introduce restrictions of their own on trade with China. In these circumstances, there is no guarantee that the 90-day truce will give way to a lasting ceasefire." Earlier in the week, we asked Yahoo Finance UK readers if they believed that the two countries would continue to make progress on trade talks. We received 215 votes, with 46% of respondents believing that they would, while 39% disagreed and 15% were undecided on the matter. Read more: Delay inheritance tax changes until 2027, ministers urged UK economy grows 0.7% in first quarter of the year Savers making costly 'bad decisions' around pensions as 15 million risk retirement povertySign in to access your portfolio
Yahoo
14-05-2025
- Business
- Yahoo
2 Cash-Producing Stocks on Our Watchlist and 1 to Question
Generating cash is essential for any business, but not all cash-rich companies are great investments. Some produce plenty of cash but fail to allocate it effectively, leading to missed opportunities. Cash flow is valuable, but it's not everything - StockStory helps you identify the companies that truly put it to work. That said, here are two cash-producing companies that excel at turning cash into shareholder value and one that may face some trouble. Trailing 12-Month Free Cash Flow Margin: 14.6% Founded after recognizing a growth trend along the Mississippi River and opportunities developing in the earthmoving and construction equipment business, H&E (NASDAQ:HEES) offers machinery for companies to purchase or rent. Why Does HEES Give Us Pause? 2.1% annual revenue growth over the last five years was slower than its industrials peers Earnings per share have contracted by 16% annually over the last two years, a headwind for returns as stock prices often echo long-term EPS performance Poor free cash flow margin of 0.5% for the last five years limits its freedom to invest in growth initiatives, execute share buybacks, or pay dividends H&E Equipment Services's stock price of $95.18 implies a valuation ratio of 6.4x forward EV-to-EBITDA. Check out our free in-depth research report to learn more about why HEES doesn't pass our bar. Trailing 12-Month Free Cash Flow Margin: 4.7% Originally a metal-working shop supporting local petrochemical facilities, Powell (NYSE:POWL) has grown from a small Houston manufacturer to a global provider of electrical systems. Why Are We Fans of POWL? Market share has increased this cycle as its 34.8% annual revenue growth over the last two years was exceptional Operating profits and efficiency rose over the last five years as it benefited from some fixed cost leverage Earnings per share grew by 209% annually over the last two years, massively outpacing its peers At $194.65 per share, Powell trades at 13.2x forward P/E. Is now the right time to buy? Find out in our full research report, it's free. Trailing 12-Month Free Cash Flow Margin: 6.8% Listed on the NASDAQ in 2008, Primoris (NYSE:PRIM) builds, maintains, and upgrades infrastructure in the utility, energy, and civil construction industries. Why Does PRIM Stand Out? Annual revenue growth of 16.2% over the past two years was outstanding, reflecting market share gains this cycle Sales pipeline is in good shape as its backlog averaged 148% growth over the past two years Earnings per share grew by 26.7% annually over the last two years, massively outpacing its peers Primoris is trading at $77.20 per share, or 17.1x forward P/E. Is now the time to initiate a position? See for yourself in our full research report, it's free. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today for free. Sign in to access your portfolio
Yemen Online
21-04-2025
- Business
- Yemen Online
UAE foreign trade reaches AED5.23 trillion in 2024
The UAE foreign trade touched AED5.23 trillion ($1.424 trillion) in 2024, a 49 per cent increase from AED3.5 trillion ($949 billion) in 2021, according to the World Trade Organisation's latest report. The growth reflects the UAE's strategic economic vision, reinforcing its position as the leading trade hub in the Middle East and Africa since 2014 and among the top 20 global trade centres for goods and services. In a global trade environment marked by 2.9 per cent growth in merchandise trade and 6.8 per cent in services trade in 2024, the UAE's performance underscores its resilience amid rising tariffs and uncertainties. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, emphasised the UAE's role as a global trade hub, saying, 'In a world of economic and trade challenges, the UAE has prioritised openness, connectivity, and the free flow of trade, capital, and people, establishing itself as a vital link between East and West and a global economic centre." In a post on his official social media handle, Sheikh Mohammed highlighted key achievements from the WTO report. He said "the UAE exported goods worth AED 2.2 trillion in 2024, marking a 6 per cent growth over the previous year" and recorded 41 per cent of the total commodity exports in the region. The country also "exported services worth AED 650 billion in 2024, of which AED 191 billion were digital services, representing 30 per cent of total service exports". "Our commitment to openness, trade liberalisation, and global connectivity will ensure continued growth," Sheikh Mohammed added. Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, highlighted that "the UAE has solidified its status as a global trade hub. Ranking 11th in merchandise exports and 13th in services exports, with a trade surplus of AED492.3 billion, the UAE achieved merchandise exports of AED2.22 trillion and services exports of AED646.6 billion, including AED191 billion in digital services, reflecting 30 percent growth and leadership in future-oriented sectors. "These achievements stem from national efforts, flexible policies, and strong international partnerships. The UAE will continue to enhance its global role by facilitating trade, expanding collaborations, and integrating with global value chains."
Trade Arabia
20-04-2025
- Business
- Trade Arabia
UAE's foreign trade surges 49pc to $1.4 trillion in 2024
The UAE had recorded total foreign trade of AED5.23 trillion ($1.424 trillion) in 2024, thus posting a 49% increase from AED3.5 trillion ($949 billion) in 2021, according to the World Trade Organisation's 'World Trade Outlook and Statistics' report. This robust growth reflects the UAE's strategic economic vision, reinforcing its position as the leading trade hub in the Middle East and Africa since 2014 and among the top 20 global trade centres for goods and services. In a global trade environment marked by 2.9% growth in merchandise trade and 6.8% in services trade in 2024, the UAE's performance underscores its resilience amid rising tariffs and uncertainties, reported Wam. Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, emphasised the UAE's role as a global trade hub, saying: "In a world of economic and trade challenges, the UAE has prioritised openness, connectivity, and the free flow of trade, capital, and people, establishing itself as a vital link between East and West and a global economic centre." Sheikh Mohammed highlighted key achievements from the WTO report: •Foreign trade reached AED5.23 trillion in 2024, with a trade surplus of AED492.3 billion, positioning the UAE as a driver of international trade. •The UAE ranked 11th globally in merchandise exports and 13th in services exports. •Services exports totaled AED646.6 billion, including AED191 billion in digital services, comprising 30% of service exports. •Merchandise exports amounted to AED2.22 trillion in 2024. •The UAE contributed 41.4% of the Middle East's merchandise exports, solidifying its role as the region's primary trade hub. "Under the leadership of the President, we will sustain and enhance these achievements. Our commitment to openness, trade liberalisation, and global connectivity will ensure continued growth and leadership," he added. The UAE's exceptional performance, as detailed in the WTO's report, demonstrates its economic resilience amid global trade uncertainties. Comprehensive foreign trade (goods and services) grew by 49% from 2021, reaching AED5.23 trillion ($1.424 trillion) in 2024. Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, said: "Driven by visionary leadership and a commitment to economic openness, innovation, and global integration, the UAE has solidified its status as a global trade hub." "These achievements stem from national efforts, flexible policies, and strong international partnerships. The UAE will continue to enhance its global role by facilitating trade, expanding collaborations, and integrating with global value chains," stated Al Zeyoudi. The UAE achieved a trade balance surplus of AED492.3 billion in 2024, down slightly from AED573.1 billion in 2023, reflecting stability amid global challenges. Exports totaled AED2.8619 trillion, against imports of AED2.3696 trillion, per 2021–2024 statistics. The UAE climbed from 17th to 11th globally in merchandise exports and from 18th to 14th in imports between 2021 and 2024, contributing 2.5% to global merchandise exports and 2.2% to imports. Exports reached $603 billion and imports totalled $539 billion in 2024, said the Wam report. The UAE's achievements reflect its strategy of innovation and diversification, positioning it to navigate a forecasted 0.2% decline in global merchandise trade in 2025. Contributing to a 1.6% regional GDP growth in 2024, with projections of 3.2% in 2025 and 3.5% in 2026, the UAE remains resilient. Its economic policies, strategic location, and advanced infrastructure solidify its role as a global trade hub.
