Latest news with #economicstimulus
Yahoo
21-07-2025
- Business
- Yahoo
China Proceeds With $167 Billion Tibet Mega-Dam Despite Risk
(Bloomberg) -- The massive economic stimulus and boost to clean power from a 1.2 trillion yuan ($167 billion) mega-dam in Tibet has proven alluring enough for Chinese leaders to set aside concerns about potential damage to biodiversity and relations with India. Why the Federal Reserve's Building Renovation Costs $2.5 Billion Milan Corruption Probe Casts Shadow Over Property Boom How San Jose's Mayor Is Working to Build an AI Capital Chinese Premier Li Qiang launched construction of the hydropower project on the lower reaches of the Yarlung Tsangpo river on Saturday, and unveiled the China Yajiang Group, a new company that will be charged with managing the dam's development, according to the official Xinhua News Agency. While much is still unknown about the project, its cost alone shows the epic scale engineers are envisioning, with the estimate more than four times larger than the $37 billion the Three Gorges Dam cost upon completion in 2009. That promises an economic jolt for sectors like construction, cement and steel, and a major new source of clean power that could eventually help the country reach its goal of net zero emissions by 2060. Power Construction Corp. of China and China Energy Engineering Corp. both rose by their daily limit of 10% in Shanghai, while China Energy Engineering's Hong Kong shares surged as much as 51%. Huaxin Cement Co. more than doubled in Hong Kong before giving up some gains, while Anhui Conch Cement Co. gained as much as 7.6% in Hong Kong. Chinese commodity futures for steel rebar and hot rolled coil also rose on the news. The project carries risks, as well. The dam could become a source of tension between China and India, as the Yarlung Tsangpo runs through the state of Arunachal Pradesh in northeast India and feeds into one of its major rivers, that then goes into Bangladesh. Environmentalists in China have long worried about the irreversible impact of dam construction in the Yarlung Tsangpo gorge, where the river drops 2,000 meters (6,560 feet) in elevation over a 50-kilometer (31-mile) stretch. The area is home to a national nature reserve and is one of the country's top biodiversity hotspots. There are also challenges involved in getting materials and workers to such a remote site, while stringing power lines to get the electricity where its needed will add costs. Beijing has said that there won't be any adverse impact to downstream areas and has promised to put in place measures to ensure safety and environmental protection. The project will consist of five cascade dams and be located around the city of Nyingchi in the southeast of the autonomous region of Tibet, Xinhua said. Engineers will figure out ways to straighten some of the river's bends and divert water through tunnels, according to the report. State engineers have said the gorge has the potential for 70 gigawatts of electricity generation — more than triple that of Three Gorges, the world's largest power project, and in excess of the total power capacity of Poland. It's also unclear how the Yajiang Group will finance what's likely one of the world's costliest ever infrastructure projects, but given China's history of lending for dams and the ability of future hydropower sales to help repay loans, that seems unlikely to be a problem. Earlier this year, the National Development and Reform Commission included construction of a dam on the lower reaches of the Yarlung Tsangpo River in Tibet and a power transmission project from there to the Hong Kong area in its annual report to the National People's Congress. --With assistance from Jing Jin and Alfred Cang. (Updates with stock and commodity moves in fourth paragraph and adds project details in ninth paragraph.) A Rebel Army Is Building a Rare-Earth Empire on China's Border Thailand's Changing Cannabis Rules Leave Farmers in a Tough Spot How Starbucks' CEO Plans to Tame the Rush-Hour Free-for-All Elon Musk's Empire Is Creaking Under the Strain of Elon Musk What the Tough Job Market for New College Grads Says About the Economy ©2025 Bloomberg L.P. Sign in to access your portfolio
Yahoo
17-07-2025
- Business
- Yahoo
High Growth Tech Stocks In Asia For July 2025
Amidst a backdrop of muted market reactions to new U.S. tariffs and mixed economic signals, Asian markets have shown resilience with China's indices rising on hopes for further stimulus measures. In this environment, identifying high-growth tech stocks involves looking for companies that can leverage regional economic trends and technological innovation to drive performance despite global uncertainties. Top 10 High Growth Tech Companies In Asia Name Revenue Growth Earnings Growth Growth Rating Suzhou TFC Optical Communication 30.19% 29.63% ★★★★★★ Shengyi Electronics 22.99% 35.16% ★★★★★★ Shanghai Huace Navigation Technology 24.51% 23.48% ★★★★★★ Fositek 29.16% 36.17% ★★★★★★ Range Intelligent Computing Technology Group 27.31% 28.63% ★★★★★★ PharmaResearch 26.95% 29.93% ★★★★★★ eWeLLLtd 24.95% 24.40% ★★★★★★ Global Security Experts 20.56% 28.04% ★★★★★★ CARsgen Therapeutics Holdings 81.53% 96.08% ★★★★★★ JNTC 55.45% 94.52% ★★★★★★ Click here to see the full list of 474 stocks from our Asian High Growth Tech and AI Stocks screener. Let's review some notable picks from our screened stocks. Bonree Data Technology Simply Wall St Growth Rating: ★★★★★☆ Overview: Bonree Data Technology Co., Ltd offers application performance management services to enterprises in China and has a market cap of CN¥3.07 billion. Operations: Bonree Data Technology Co., Ltd specializes in providing application performance management services for enterprises in China. The company focuses on optimizing and monitoring software applications to enhance business operations. Bonree Data Technology, despite its current unprofitability, is poised for significant growth with revenue forecasted to increase by 27.5% annually. This growth rate outpaces the broader CN market's average of 12.4%, highlighting its potential in a competitive landscape. The company's recent reduction in net loss from CNY 14 million to CNY 9.21 million year-over-year suggests improving operational efficiency. Furthermore, with R&D expenses strategically allocated, Bonree is investing in innovation to secure a foothold in the high-growth tech sector of Asia, setting a robust foundation for future profitability projected within three years. Click here and access our complete health analysis report to understand the dynamics of Bonree Data Technology. Gain insights into Bonree Data Technology's historical performance by reviewing our past performance report. Orbbec Simply Wall St Growth Rating: ★★★★★☆ Overview: Orbbec Inc. specializes in designing, manufacturing, and selling 3D vision sensors with a market capitalization of CN¥26.66 billion. Operations: Orbbec Inc. generates revenue through the design, manufacturing, and sale of 3D vision sensors. Orbbec's recent surge in profitability and revenue underscores its potential within Asia's high-tech sector. In Q1 2025, the company flipped a net loss of CNY 28.78 million to a net profit of CNY 24.32 million year-over-year, with revenue doubling to CNY 191.06 million from CNY 92.91 million, reflecting an annual growth rate of 34.3%. This performance is bolstered by strategic R&D investments, aligning with industry trends towards enhanced technological capabilities and innovation in AI and software development sectors. The successful private placement raising over CNY 2 billion further solidifies Orbbec's financial base for future expansions, promising robust growth prospects amidst competitive market dynamics. Delve into the full analysis health report here for a deeper understanding of Orbbec. Examine Orbbec's past performance report to understand how it has performed in the past. Fositek Simply Wall St Growth Rating: ★★★★★★ Overview: Fositek Corp. is involved in the manufacture and wholesale of electronic materials and components, with a market cap of NT$57.99 billion. Operations: Fositek Corp. primarily generates revenue through the sale of electronic components and parts, amounting to NT$8.73 billion. Fositek's recent strategic board reshuffles and bylaw amendments underscore its adaptive corporate governance, aligning with its robust financial growth. In Q1 2025, the company reported a significant revenue jump to TWD 2.25 billion from TWD 1.71 billion year-over-year, alongside a net income increase to TWD 356.5 million from TWD 223.95 million, reflecting an earnings growth of 75.3%. This performance surpasses the electronic industry's average and is supported by Fositek's aggressive R&D investment strategy, which is crucial for maintaining technological leadership in a competitive market landscape. Click here to discover the nuances of Fositek with our detailed analytical health report. Explore historical data to track Fositek's performance over time in our Past section. Summing It All Up Delve into our full catalog of 474 Asian High Growth Tech and AI Stocks here. Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools. Elevate your portfolio with Simply Wall St, the ultimate app for investors seeking global market coverage. Interested In Other Possibilities? Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include SHSE:688229 SHSE:688322 and TWSE:6805. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
15-07-2025
- Business
- Yahoo
Asian Dividend Stocks To Consider For Your Portfolio
As global markets continue to navigate the impacts of new U.S. tariffs, Asian indices are showing resilience with some markets like China experiencing gains amid hopes for further economic stimulus. In this environment, dividend stocks in Asia can offer investors a potential source of steady income and stability, especially when market volatility is a concern. Name Dividend Yield Dividend Rating Yamato Kogyo (TSE:5444) 4.38% ★★★★★★ Wuliangye YibinLtd (SZSE:000858) 5.07% ★★★★★★ NCD (TSE:4783) 4.34% ★★★★★★ Japan Excellent (TSE:8987) 4.28% ★★★★★★ HUAYU Automotive Systems (SHSE:600741) 4.34% ★★★★★★ Guangxi LiuYao Group (SHSE:603368) 4.39% ★★★★★★ GakkyushaLtd (TSE:9769) 4.49% ★★★★★★ E J Holdings (TSE:2153) 4.98% ★★★★★★ DoshishaLtd (TSE:7483) 4.08% ★★★★★★ Daicel (TSE:4202) 4.78% ★★★★★★ Click here to see the full list of 1201 stocks from our Top Asian Dividend Stocks screener. Here's a peek at a few of the choices from the screener. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Sinofert Holdings Limited is an investment holding company involved in the production, import and export, distribution, and retail of fertilizer raw materials and crop nutrition products in Mainland China and internationally, with a market cap of HK$10.04 billion. Operations: Sinofert Holdings Limited generates revenue through its Production segment (CN¥5.29 billion), Basic Business segment (CN¥14.05 billion), and Growth Business segment (CN¥10.85 billion). Dividend Yield: 4% Sinofert Holdings recently announced a special dividend of HK$0.0246 per share, reflecting its commitment to shareholder returns despite a historically volatile dividend record. While the company's dividends are well-covered by earnings and cash flows, its yield remains below the top tier in Hong Kong. The recent appointment of Ms. Wang Ling to the nomination committee may enhance governance and strategic oversight, potentially influencing future dividend stability and growth initiatives such as the formamide project contract with Luxi Industrial. Click here and access our complete dividend analysis report to understand the dynamics of Sinofert Holdings. The valuation report we've compiled suggests that Sinofert Holdings' current price could be quite moderate. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Sanlien Technology Corp. manufactures and sells specialty chemicals for the semiconductor industry in Taiwan, Asia, and internationally, with a market cap of NT$3.39 billion. Operations: Sanlien Technology Corp.'s revenue is primarily derived from its Electronic Materials Division, which contributes NT$4.16 billion, followed by the Automation Monitoring Division at NT$465.56 million, and the Foreign Sensors and Equipment Department at NT$56.84 million. Dividend Yield: 3.4% Sanlien Technology's dividend payments are well-supported by earnings and cash flows, with a payout ratio of 53.9% and a cash payout ratio of 25.2%. Despite this coverage, its dividend yield of 3.35% is below the top tier in Taiwan, and the dividend has been volatile over the past decade. Recently, Sanlien announced a TWD 113.59 million cash dividend distribution set for October 15, 2025, following strong Q1 earnings growth compared to last year. Delve into the full analysis dividend report here for a deeper understanding of Sanlien Technology. Our valuation report unveils the possibility Sanlien Technology's shares may be trading at a discount. Simply Wall St Dividend Rating: ★★★★★☆ Overview: Fujita Engineering Co., Ltd. operates in the facilities construction sector both in Japan and internationally, with a market cap of ¥15.12 billion. Operations: Fujita Engineering Co., Ltd. generates revenue primarily from its facilities construction operations in both domestic and international markets. Dividend Yield: 3.6% Fujita Engineering's dividends are well-covered by earnings, with a payout ratio of 30.8%, and cash flows, despite a higher cash payout ratio of 79.2%. The dividend yield stands at 3.64%, which is lower than Japan's top quartile but remains reliable and stable over the past decade with consistent growth. The company's price-to-earnings ratio of 8.5x suggests it may be undervalued compared to the broader Japanese market average of 13.5x. Unlock comprehensive insights into our analysis of Fujita Engineering stock in this dividend report. According our valuation report, there's an indication that Fujita Engineering's share price might be on the expensive side. Unlock more gems! Our Top Asian Dividend Stocks screener has unearthed 1198 more companies for you to here to unveil our expertly curated list of 1201 Top Asian Dividend Stocks. Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools. Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include SEHK:297 TPEX:5493 and TSE:1770. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Yahoo
12-07-2025
- Business
- Yahoo
We Asked ChatGPT What Would Happen If Everyone in America Got a $10,000 Stimulus Tomorrow — Here's What it Said
If you were hoping for an economic stimulus check from the federal government, you're likely to be disappointed. The idea of a stimulus check briefly made the rounds earlier this year when the Department of Government Efficiency (DOGE) — formerly led by Elon Musk — promised trillions of dollars in federal budget savings. As GOBankingRates previously reported, there was talk that the Trump administration would distribute 20% of DOGE's expected tax savings in the form of a stimulus payment or dividend check as high as $5,000 per recipient. But Musk's promised savings were much lower than originally projected, and the stimulus talk came to a halt. Explore More: Try This: But suppose the government did issue a stimulus check — not for $5,000, but for $10,000, which is much higher than the $1,400 checks issued by the Biden administration during the COVID-19 pandemic. We asked ChatGPT what would happen if everyone in America were issued a $10,000 stimulus check tomorrow. The first thing it said is that the effects would be 'massive and complex' and touch on nearly every aspect of the U.S. economy and society. Below are a few of the other things you could expect. Most Americans would 'immediately spend' some or all of the money on items such as cars, electronics, rent, debt and travel. This in turn would provide a major boost to businesses in the retail, travel, hospitality, food and related industries. The stock markets would also rise due to higher consumer confidence and business revenues. Check Out: A sudden surge in consumer spending would increase demand faster than supply could keep up. One result is that prices would rise for everything from homes and gas to groceries. Many Americans would use their $10,000 checks to pay off credit cards, student loans and medical bills, which would greatly improve the financial situations of millions of households. For those who don't have a lot of debt, such as the wealthy, part or all of the stimulus money would go directly into bank savings. According to ChatGPT, $10,000 is a 'life-changing' sum for people who have been living paycheck-to-paycheck, so lower income Americans would enjoy a major financial boost. The checks would temporarily narrow the wealth gap, while also convincing some Americans to leave the workforce or reduce their hours. One of the main risks of a massive stimulus program is that it would attract fraudsters and cybercriminals and lead to more financial scams. Meanwhile, the U.S. government would have to spend about $3.35 trillion to issue $10,000 checks to every American — which is roughly the size of the entire federal budget. This would lead to a 'massive' increase in the national debt unless it were offset by higher taxes or spending cuts elsewhere. In addition, the Federal Reserve might have to 'aggressively' raise interest rates. More From GOBankingRates Mark Cuban Warns of 'Red Rural Recession' -- 4 States That Could Get Hit Hard Mark Cuban Says Trump's Executive Order To Lower Medication Costs Has a 'Real Shot' -- Here's Why 4 Affordable Car Brands You Won't Regret Buying in 2025 This article originally appeared on We Asked ChatGPT What Would Happen If Everyone in America Got a $10,000 Stimulus Tomorrow — Here's What it Said Sign in to access your portfolio
Bloomberg
07-07-2025
- Business
- Bloomberg
Thai Budget Bill, Spending to Proceed as Planned, Minister Says
Thailand will push ahead with plans to stimulate the economy and pass the budget for next year as planned, Finance Minister Pichai Chunhavajira said, easing concerns that an ongoing political crisis could derail economic policy. The government is set to inject an additional 48 billion baht ($1.5 billion) into the economy over the remaining three months of the current fiscal year, Pichai told Bloomberg News in an interview late Sunday. The $115 billion budget bill for the fiscal year beginning Oct. 1 is on track to be passed by parliament by the end of August, he said.
