Monthly Archives: May 2021

AMMB profit before provision amounts to RM 2.4 billion

Growth reflects the strength of the bank’s diverse franchise and effective cost management strategy despite a difficult year by LYDIA NATHAN / Photo by TMR FILE PIX AMMB Holdings Bhd’s profit before provision (PBP) for its fiscal year ended March 31, 2021 (FY21) jumped 14.2% year-on-year (year-on-year) to RM2.42 billion …

Read More »

The world is now expected to reach a 1.5 ° C watershed in the next five years

Chances are rising that the annual average global temperature will exceed 1.5 ° C above pre-industrial levels in at least one of the next five years, the UN weather agency warns in a new report released Thursday. The World Meteorological Organization (OMM) stated that there is a 40% chance that …

Read More »

Will Indonesia’s Omnibus Reforms Support Recovery From COVID-19?

Author: Roland Rajah, Lowy Institute Indonesia’s new “ omnibus job creation law ” has been spoils by the public controversy that surrounded its passage at the end of last year. The government nonetheless hailed the law as a major regulatory overhaul that would attract foreign investment and create jobs. In …

Read More »

Australia’s carbon emissions drop 5% in 2020, Energy News, ET EnergyWorld

MELBOURNE, – Australia’s carbon emissions fell 5% in 2020 with growth in wind and solar power, a blow to the transport of coronavirus lockdowns and an increase in carbon capture in the huge Gorgon LNG project, the government said on Monday. Emissions fell from 26 million tonnes to 499 million …

Read More »

AmBank turns red in Q4, not thanks to 1MDB settlement and write-downs

KUALA LUMPUR (May 31): AMMB Holdings Bhd (AmBank) dipped into the red in the fourth quarter ended March 31, 2021 (4QFY21), driven mainly by one-time exceptional items totaling RM 4.77 billion, including the 1Malaysia Development Bhd (1MDB). Among the exceptional items recorded in 4QFY21, the most important was the settlement …

Read More »

Returns to Yau Lee Holdings (HKG: 406) ongoing

What are the first trends to look for to identify a security that could increase in value over the long term? First of all, we would like to identify a growth return on capital employed (ROCE) and at the same time, a based capital employed. Basically, this means that a …

Read More »

How long will it stay hot?

Bloomberg This time it’s different: apart from OPEC +, oil growth is stagnating (Bloomberg) – “This time it’s different” are perhaps the most dangerous words in business: billions of dollars have been lost betting history won’t repeat itself. And yet, now in the oil world, it looks like it really …

Read More »

Dassault Aviation (EPA: AM) has a somewhat strained record

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett said “volatility is far from risk.” So it seems like smart money knows that debt – which is usually linked to bankruptcies – is a very important factor when you …

Read More »

Bitcoin drops 5.2% to $ 33,849, Ether 6.3%

Bloomberg National Bank pulls back after falling investor profits (Bloomberg) – National Bank of Canada shares fell the most in four months after its second quarter financial results disappointed investors after a week of explosive earnings from peers. also posted profits that beat expectations this week. National Bank, which generates …

Read More »

The economy is recovering from coronacrisis – PM Shmyhal – UNIAN

Salaries have increased by 20% over the year. Photo by UNIAN Ukraine’s economy has started to recover from the crisis caused by the COVID-19 pandemic, according to Prime Minister Denys Shmyhal. “In 2021, we must lay a solid foundation for the Ukrainian economy to grow at a faster pace in …

Read More »

Is Grupo KUO. of (BMV: KUOB) A risky investment?

Berkshire Hathaway’s Charlie Munger-backed external fund manager Li Lu doesn’t care when he says, “The biggest risk in investing is not price volatility, but whether you will suffer a permanent loss of capital ”. When we think about the risk level of a business, we always like to look at …

Read More »

Rural nominal wages rise during pandemic: Nomura

MUMBAI: Even though the raging pandemic has disrupted businesses and caused significant income losses, rural nominal wages have been higher during the period, the data shows. According to Nomura, the increase in rural wages during the pandemic is mainly due to factors on the supply side. “Following the lockdown of …

Read More »

Does Advance Synergy Berhad (KLSE: ASB) use debt in a risky way?

Howard Marks put it right when he said that, rather than worrying about stock price volatility, “the possibility of permanent loss is the risk that concerns me … and every investor I practice.” know worries ”. So it can be obvious that you need to factor in debt, when you …

Read More »

Big trade inflation of 2021 takes a back seat on Wall Street

Wall Street’s big inflationary trade is losing momentum, judging by a multitude of signals between assets and the actual destination of all the billions of investments. With reflation strategies once again playing the supporting role of crypto volatility and the stock meme The mania, stable Treasury yields helped the Nasdaq …

Read More »

Is the Centro de Imagem Diagnósticos (BVMF: AALR3) using too much debt?

Howard Marks put it right when he said that, rather than worrying about stock price volatility, “the possibility of permanent loss is the risk that concerns me … and every investor I practice.” know worries ”. So it seems like smart money knows that debt – which is usually linked …

Read More »

Dollar boosted by higher returns; Inflation data due by Investing.com

By Peter Nurse Investing.com – The dollar rose slightly at the start of European trading on Friday, helped by rising US bond yields ahead of the release of key inflation data. At 2:50 a.m. ET (6:50 a.m. GMT), the dollar index, which tracks the greenback against a basket of six …

Read More »

Patanjali Says Legal Notice ‘Received’ From IMA Will Give ‘Appropriate Response’, Retail News, ET Retail

Patanjali Yogpeeth confirmed on Thursday that he had received a libel notice served by the Indian Medical Association (IMA), demanding an apology from Yoga Guru Ramdev for his remarks on allopathy, and said he would legally give a “dignified response” . While responding to an email query from the PTI, …

Read More »

Malaysian stock market could stay neutral

(RTTNews) – The Malaysian stock market had finished higher in three consecutive sessions, collecting more than 30 points or 2% along the way. Kuala’s composite index now sits just above the 1,590 point plateau, although it could spin its wheels on Friday. Global forecasts for Asian markets are mixed and …

Read More »

Sony WF-1000XM4 headphones could offer better battery life and better sweat resistance

Sony’s upcoming WF-1000XM4 headphones leaked again, almost confirming they will present the new design we saw it earlier this month. In an article spotted by The edge, Point of sale in German WinFuture shared several official looking renderings of the headphones and details about the new V1 processor they will …

Read More »

Amazon, Microsoft and Google sign billion dollar cloud deal with Boeing

Bloomberg World faces longer supply shortage as Chinese factories contract (Bloomberg) – Eric Li’s factory, which makes glass lampshades for companies like Home Depot Inc., is being pushed to its limits with sales doubling their pre-pandemic level, but like many Chinese manufacturers, it has no plans to expand its business …

Read More »

Kazakhstan to increase share of renewable energy to 15% by 2030

NUR-SULTAN – President Kassym-Jomart Tokayev instructed the government to increase the share of renewable energies in the country’s total energy grid to 15% by 2030 during the May 26 meeting that reviewed the development of the energy industry in Kazakhstan , reports the Akorda press service. During the meeting. Photo …

Read More »

Investors encounter slowing returns on capital at Rotork (LON: ROR)

If you’re not sure where to start when looking for the next multi-bagger, there are a few key trends to watch out for. Ideally, a business will display two trends; first growth return on capital employed (ROCE) and, on the other hand, an increase amount capital employed. Basically, it means …

Read More »

Cayman is not a tax haven! – Finance and banking

Cayman Islands: Cayman is not a tax haven! May 26, 2021 Cayman Finance To print this article, simply register or connect to Mondaq.com. Cayman Finance breaks down the characteristics of tax havens The Cayman Islands is a transparent and tax neutral jurisdiction – not a tax haven. The jurisdiction’s fiscal …

Read More »

Production of electric trains for the BMW iX and BMW i4 models underway at Dingolfing, Auto News, ET Auto

Each vehicle uses up to two highly integrated e-drives, which combine the electric motor, power electronics and transmission in a single housing. Based on the design principle of a current excited rotor, the fifth generation e-drive does not require any material classified as rare earth metals. New Delhi: Production of …

Read More »

Why IT Tech Packaging Inc.’s (ITP) inventory soared 25.2%

IT Tech Packaging, Inc. (ITP), a global producer and distributor of distinctive paper products in northern China, announced that the company has officially obtained compliance for surgical masks from the Food and Drug Administration (FDA) local of the Chinese province of Hebei. The ITP share price has risen significantly alongside …

Read More »

The Best Advice May Be Bum Steer From The Inflation Markets

And one of the few ways to gauge that is by looking at key market-based expectations and surveys. These probably define your view of how quickly central banks normalize lower lending rates; when or if the stock and bond markets that depend on this support are correct; or even the …

Read More »

Optimism abounds for offshore wind

This is the fifteenth in our series on “The ABCs of AJP”. Historically, offshore wind has represented a very small percentage of the total power generation portfolio in the United States. The winds of change are blowing, however, as the Biden administration American employment plan (“AJP”), among other federal measures, …

Read More »

Glomac Berhad (KLSE: GLOMAC) has a somewhat strained record

Berkshire Hathaway’s Charlie Munger-backed external fund manager Li Lu doesn’t care when he says, “The biggest risk in investing is not price volatility, but whether you will suffer a permanent loss of capital ”. So it can be obvious that you need to factor in debt, when you think about …

Read More »

China reports 13 new COVID-19 cases on May 25, down from 15 a day earlier

Bloomberg The boom in Chinese companies’ listing in the United States suddenly comes to a halt (Bloomberg) – At least three Chinese companies have suspended their plans to list in the United States, announcing a slowdown in what was a record start to the year for initial public offerings by …

Read More »

Sunset Market Commentary | Forex action

The steps Since the middle of last week, the “inflation hype” in global markets has abated. Trees don’t grow skyward. After an almost uninterrupted rise since the fall, measures of financial inflation expectations were ripe for a break. This was also visible in some larger commodities / commodity indices. The …

Read More »

Smith & Nephew (LON: SN.) Has a pretty healthy track record

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett said “volatility is far from risk.” It is natural to consider a company’s balance sheet when considering how risky it is, as debt is often involved when a business collapses. …

Read More »

Climate concerns increasingly pick up as coal mining ban attracts support, says Lowy

For example, nearly three-quarters of respondents agreed that “the benefits of taking further action on climate change would outweigh the costs”, with less than a quarter saying otherwise. “This is a really solid result” because the climate debate had been “bogged down for so long above the costs,” Ms. Kassam …

Read More »

UPDATE 1 – Mexico moves to trade surplus in April, fueled by record exports

Bloomberg The boom in Chinese companies’ listing in the United States suddenly comes to a halt (Bloomberg) – At least three Chinese companies have suspended their plans to list in the United States, announcing a slowdown in what was a record start to the year for initial public offerings by …

Read More »

Net profit tripled to Rs 88 cr, Retail News, ET Retail

NEW DELHI: FMCG Emami Ltd on Tuesday announced more than three times its consolidated net profit at Rs 87.73 crore for the quarter ended March 31. The company had posted a net profit of Rs 22.75 crore in the March quarter of the previous fiscal year. Its operating income in …

Read More »

Investors may be concerned about returns on capital from 11-bit studios (WSE: 11B)

Did you know that certain financial measures can provide clues about a possible multi-bagger? Generally, we will want to notice a growing trend return on capital employed (ROCE) and at the same time, a based capital employed. Put simply, these types of businesses are dialing machines, which means they continually …

Read More »

Patanjali Dairies director Sunil Bansal dies from COVID-19, company says he played no role in his allopathic treatment, Retail News, ET Retail

Sunil Bansal, who ran the dairy business of yoga guru Ramdev, Patanjali Ayurved, has died of COVID-19, the company said on Monday, adding that it had no “role in its allopathic treatment.” Bansal, 57, who was vice president of the dairy division of Patanjali Ayurved Ltd, died on May 19. …

Read More »

Towards more equitable post-pandemic growth

The second wave of the pandemic is receding although it continues to have a significant negative impact on lives, livelihoods and the economy. Meanwhile, the threat of a third wave looms. The impact of the pandemic on the economy is expected to be weaker this time around, as the lockdown …

Read More »

EU plans to tax jet fuel to cut emissions

The European Union (EU) seeks to extend energy taxation to the aviation industry as the bloc redoubles its efforts to increase its chances of achieving European Green Deal targets for carbon neutrality by 2050 . At a weekend meeting of EU finance ministers in Lisbon, ministers generally supported a proposal …

Read More »

Is John Wiley & Sons (NYSE: JW.A) a risky investment?

David Iben put it right when he said: “Volatility is not a risk that is close to our hearts. What matters to us is to avoid the permanent loss of capital. It is natural to consider a company’s balance sheet when considering how risky it is, as debt is often …

Read More »

Monetary Policy: The Mysteries of Inflation | Notice

Tomás Ondarra If the proverbial Martian descended on planet Earth and received a chart of core inflation in the United States or the Eurozone, the last thing that would come to their mind is that the world economy had suffered the most. major financial crisis since the Great Depression and, …

Read More »

Kainos Doubles Profits for 11th Consecutive Year of Growth

The pre-tax profit of Northern Ireland software company Kainos more than doubled last year, recording its 11th consecutive year of growth. Kainos, which provides digital technology services and platforms to clients such as the National Health Service (NHS), was established in 1986 as a spin-off company from Queen’s University Belfast. …

Read More »

CG Corp Global plans to invest Rs 200 crore to set up two new manufacturing plants in India, Retail News, ET Retail

Nepal-based CG Corp Global plans to invest Rs 200 crore to set up two new manufacturing plants in West Bengal and Uttar Pradesh. CG Foods, the FMCG arm of the company, plans to earn Rs 1,500 crore from its famous Wai Wai noodle brand within a year as its goal …

Read More »

United States Administers 285.7 Million Doses of COVID-19 Vaccine

Bloomberg Border debt shines like an unlikely haven in a world of rising rates (Bloomberg) – As the hunt for investments capable of withstanding rising interest rates accelerates, cross-border assets gain popularity against their larger peers in emerging markets. world have posted a 2.6% return this year, keeping pace. with …

Read More »

Do GDI’s Integrated Facilities Services (TSE: GDI) have a healthy track record?

Legendary fund manager Li Lu (whom Charlie Munger supported) once said, “The biggest risk in investing is not price volatility, but whether you will suffer a permanent loss of capital. When we think about the risk level of a business, we always like to look at its use of debt …

Read More »

Centaurus Energy Inc.Announces First Quarter 2021 Financial Results and Operational Update

(MENAFN – Newsfile Corp) Centaurus Energy Inc.Announces First Quarter 2021 Financial Results and Operational Update Buenos Aires, Argentina – (Newsfile Corp. – May 21, 2021) – Centaurus Energy Inc. (TSXV: CTA) (OTCQB: CTARF) (“Centaurus” or the “Company”) is pleased to report its financial results and operation for the three months …

Read More »

Discussions on the road to recovery in the EU at the informal meeting of economic and financial affairs ministers

“Despite the recent improvement in the EU’s economic outlook, the uneven effect of the epidemic on different groups of people, businesses and sectors remains a challenge. Therefore, we need to develop measures that will improve the effectiveness of the recovery and inclusiveness as well as stimulating growth through investment. It …

Read More »

Dehydration, heatstroke drain the working class in Ctg

Rickshaw puller Md Belal stood at Jamal Khan Road at noon on Friday, his clothes stuck to his body with sweat. The 37-year-old has been pulling rickshaws for a long time and the heat is part of the job. Still, the scorching sun threatened to make the most of him. …

Read More »

Is Occidental Petroleum (NYSE: OXY) Using Too Much Debt?

Warren Buffett said: “Volatility is far from synonymous with risk”. It is natural to consider a company’s balance sheet when considering how risky it is, as debt is often involved when a business collapses. Mostly, Occidental Petroleum Corporation (NYSE: OXY) has debt. But the real question is whether this debt …

Read More »

‘Consumed’ by inflation | Nasdaq

By Kevin flanagan, Head of bond strategy The ‘word of the week’ in US financial markets last week was clear “inflation. I know I wrote a blog on inflation last week, but how can I not approach the 800-pound gorilla in the room? In the two April CPI and PPI …

Read More »

3 Ways Spring Cleaning Can Save You Money

Turn your waste into money with these simple tips. Need a little motivation to do your spring cleaning this year? Here’s a big one: money. There is almost certainly something of value hidden in your home somewhere. I’m not talking about coins and cash – although there can be! But …

Read More »

NHC says subtropical storm Ana is forming over Atlantic

Bloomberg World’s best rally at Morgan Stanley in Newton looking at Europe (Bloomberg) – For so long lagging behind global stock markets, European stocks are back in favor and with Credit Suisse Group AG and Morgan Stanley joining an increasingly bullish chorus, investors are taking note. Eurozone blue chips have …

Read More »

These 4 metrics indicate that Bliss GVS Pharma (NSE: BLISSGVS) is using debt reasonably well

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett said “volatility is far from risk.” It is natural to consider a company’s balance sheet when considering how risky it is, as debt is often involved when a business collapses. …

Read More »

RBC Bearings Incorporated: MANAGEMENT REPORT AND MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL POSITION AND RESULTS OF OPERATIONS (Form 10-K)

The financial and business analysis below provides information which we believe is relevant to an assessment and understanding of our consolidated financial position, results of operations and cash flows. This financial and business analysis should be read in conjunction with the consolidated financial statements and related notes. All references to …

Read More »

Snap CEO Says Company ‘Happy’ to Pay App Store Tax, Accepts ATT Feature

Amid Epic Games’ intense lawsuit against Apple over how it runs the App Store, Snap CEO Evan Spiegel shared the company’s positive take on Apple’s 30% commission and the new application tracking transparency feature that has caught the ire of Facebook and the advertising industry. In an interview with CNBC …

Read More »

Greif: updates its forecasts for the second quarter of fiscal 2021 (form 8-K)

Greif, Inc. Updates Forecast for Second Quarter of Fiscal 2021 Greif, Inc., a global leader in industrial packaging products and services, today announced that it has revised its outlook for the second quarter of fiscal 2021. Diluted Class A second quarter earnings per share for Fiscal 2021 before adjustments is …

Read More »

The “uncomfortable feeling” of a booming real estate market

Across the country and here in California, home prices are rising rapidly despite the ongoing recession, leading to what economist Robert J. Shiller calls a “uncomfortable feeling. “ In a recent interview on Bloomberg, Shiller presents the idea that people buy in part because of their Fear of Missing (FOMO). …

Read More »

China’s obsession with financial secrecy causes problems in Africa … even when it gives $ 55 million

This week he emerged Beijing had secretly offered Sierra Leone $ 55 million to fund a controversial “fishing port” on an undeveloped stretch of coast that supports the local fishing industry, borders protected rainforest, and is home to endangered turtles and pangolins. The deal was only discovered after residents of …

Read More »

NDTV Group Reports Best Result Ever in Over a Decade with Consolidated PAT of Rs70.9cr in FY21; The stock increases by 5%

With a consolidated profit of Rs70.9cr, the New Delhi Television (NDTV) Group announced on Thursday that it was reporting its best result in more than a decade for the fiscal year ending March 31, 2021. It had recorded a profit from Rs24.2cr to FY20, a turnaround from Rs46.7cr to FY21. …

Read More »

Greif, Inc. Updates Guide for Q2 2021 | Ohio

Delaware, Ohio, May 20, 2021 / PRNewswire / -Greif, Inc., a global leader in industrial packaging products and services. (NYSE: GEF, GEF.B) today announced that it has revised its outlook for the second quarter of 2021. Class A was diluted in the second quarter of 2021. Earnings per share before …

Read More »

US SEC Chairman Says Greater Investor Protection Needed On Crypto Exchanges

By John McCrank (Reuters) – US Securities and Exchange Commission chairman Gary Gensler said on Thursday he wanted to see more regulation regarding cryptocurrency exchanges, including those that only trade bitcoin and are currently not obliged to register with his agency. “This is a fairly volatile, one could say very …

Read More »

Why saving $ 1 million for retirement doesn’t make sense

Like inflation keep on going get up, save for retirement will become more difficult, mostly in the USA. It becomes even more difficult if savers think that having $ 1 million in savings for retirement is a magic number that retirees hit to qualify for the Secure Retirement Club. In …

Read More »

Are Mission Ready solutions (CVE: MRS) a risky investment?

Warren Buffett said: “Volatility is far from synonymous with risk”. So it seems like smart money knows that debt – which is usually linked to bankruptcies – is a very important factor when you assess the risk of a business. We can see that Mission Ready Solutions Inc. (CVE: MRS) …

Read More »

Letters to the editor of Argus-Courier on May 6

Bathtubs a silver sink EDITOR: The goal of the Petaluma Public Art Committee meeting in April was to discuss A Fine Balance, aka the Tubs, which has been on hold since September 2019. Staff pointed out three options: resume the project in our downtown area. historical; to move out; or …

Read More »