Circle Becomes Top Pick for South Korea's Crypto-Hungry Traders
Circle, the issuer of the second largest stablecoin by market share USDC, has rallied more than sixfold since its June 5 public debut, underscoring a global frenzy.
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Yahoo
14 minutes ago
- Yahoo
Taiwan Index Plus and ICE launch indices for the Taiwan ETP market
TAIPEI, July 21, 2025 /PRNewswire/ -- Taiwan Index Plus (TIP) is proud to announce a strategic agreement with ICE Data Indices, LLC ("ICE"), a subsidiary of Intercontinental Exchange, a leading global provider of technology and data, to expand index offerings tailored for local market participants. Under this agreement, both TIP and ICE will create co-branded indices, expanding the range of solutions available to Taiwan's financial ecosystem. TIP's indices under this arrangement will utilize fixed income indices administered by ICE. The first blended index to be launched under the agreement is the "ICE TIP Dual-Core Balanced Multi-Asset Index", administered by TIP. This index is created by combining the "TIP Customized Taiwan Large-Cap Representatives 25 Index" and the "ICE 10+ Year BBB US Corporate Yield-Weighted Constrained Index TWD 3pm Taipei". This new multi-asset index is designed to be one with global reach and asset diversification that can be used in a passive fund for domestic investors. It illustrates the strategic value of the agreement — seamlessly combining TIP's deep expertise in Taiwanese equities with ICE's capabilities in fixed income indices. TIP and ICE have also agreed to implement a co-branding arrangement under which each party may distribute its indices through a shared branding program. Seeking to leverage ICE's global footprint and fixed income expertise, TIP will continue to capitalise on its affiliation with the Taiwan Stock Exchange (TWSE) to support and streamline the listing of ETPs on the exchange, strengthening the value of Taiwan's capital market. Sherman Lin, Chairman of TIP, said: "We believe that our strong complementary agreement will be a valuable addition to contribute meaningfully to index innovation both in Taiwan and globally, helping to drive the next wave of index development. TIP will continue to serve as a reliable partner to domestic asset managers by leveraging group resources and exploring index licensing opportunities through the co-branding arrangement." Varun Pawar, Chief Product Officer at ICE, said, "Taiwan's ETF market is entering an exciting new phase with the introduction of multi-asset indices, providing investors with broader diversification. Our collaboration with TIP and TIP's launch of the ICE TIP Dual-Core Balanced Multi-Asset Index reflect our shared commitment to innovation and to supporting issuers in delivering products that meet evolving investor needs. As Taiwan grows as a regional asset management hub, we're proud to contribute our global insights and data expertise to deliver solutions that create opportunity for investors." About Taiwan Index Plus Corporation Established in 2016, TIP is a professional index and information services provider wholly-owned by TWSE. It aims to provide investors with high-quality, comprehensive indices and information services, satisfy growing investor appetite for indexing strategies, and create innovative products for Taiwan's capital market. To learn more, please visit: About Intercontinental Exchange Intercontinental Exchange, Inc. is a Fortune 500 company that designs, builds, and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE's futures, equity, and options exchanges -- including the New York Stock Exchange -- and clearing houses help people invest, raise capital and manage risk. We offer some of the world's largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology, we are transforming U.S. housing finance, from initial consumer engagement through loan production, closing, registration and the long-term servicing relationship. Together, ICE transforms, streamlines, and automates industries to connect our customers to opportunity. To learn more, please visit: View original content: SOURCE Taiwan Index Plus (TIP) Sign in to access your portfolio
Yahoo
14 minutes ago
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Ramssol Group Berhad's (KLSE:RAMSSOL) Stock Is Going Strong: Is the Market Following Fundamentals?
Ramssol Group Berhad's (KLSE:RAMSSOL) stock is up by a considerable 12% over the past three months. Given the company's impressive performance, we decided to study its financial indicators more closely as a company's financial health over the long-term usually dictates market outcomes. Specifically, we decided to study Ramssol Group Berhad's ROE in this article. Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors' money. In short, ROE shows the profit each dollar generates with respect to its shareholder investments. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. How Is ROE Calculated? The formula for ROE is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Ramssol Group Berhad is: 13% = RM16m ÷ RM126m (Based on the trailing twelve months to March 2025). The 'return' is the yearly profit. Another way to think of that is that for every MYR1 worth of equity, the company was able to earn MYR0.13 in profit. Check out our latest analysis for Ramssol Group Berhad Why Is ROE Important For Earnings Growth? So far, we've learned that ROE is a measure of a company's profitability. Depending on how much of these profits the company reinvests or "retains", and how effectively it does so, we are then able to assess a company's earnings growth potential. Assuming everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics. A Side By Side comparison of Ramssol Group Berhad's Earnings Growth And 13% ROE At first glance, Ramssol Group Berhad seems to have a decent ROE. Yet, the fact that the company's ROE is lower than the industry average of 17% does temper our expectations. Still, we can see that Ramssol Group Berhad has seen a remarkable net income growth of 26% over the past five years. We reckon that there could be other factors at play here. For example, it is possible that the company's management has made some good strategic decisions, or that the company has a low payout ratio. Bear in mind, the company does have a respectable ROE. It is just that the industry ROE is higher. So this also does lend some color to the high earnings growth seen by the company. Next, on comparing Ramssol Group Berhad's net income growth with the industry, we found that the company's reported growth is similar to the industry average growth rate of 26% over the last few years. Earnings growth is an important metric to consider when valuing a stock. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. This then helps them determine if the stock is placed for a bright or bleak future. Is Ramssol Group Berhad fairly valued compared to other companies? These 3 valuation measures might help you decide. Is Ramssol Group Berhad Using Its Retained Earnings Effectively? Ramssol Group Berhad has a really low three-year median payout ratio of 6.4%, meaning that it has the remaining 94% left over to reinvest into its business. So it seems like the management is reinvesting profits heavily to grow its business and this reflects in its earnings growth number. Our latest analyst data shows that the future payout ratio of the company is expected to rise to 9.3% over the next three years. Regardless, the future ROE for Ramssol Group Berhad is speculated to rise to 19% despite the anticipated increase in the payout ratio. There could probably be other factors that could be driving the future growth in the ROE. Summary In total, we are pretty happy with Ramssol Group Berhad's performance. In particular, it's great to see that the company has seen significant growth in its earnings backed by a respectable ROE and a high reinvestment rate. On studying current analyst estimates, we found that analysts expect the company to continue its recent growth streak. To know more about the latest analysts predictions for the company, check out this visualization of analyst forecasts for the company. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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.
Bloomberg
17 minutes ago
- Bloomberg
Equity Analysts in India Top Global Peers in Long-Short Model
Sell-side analysts appear to have emerged as a more valuable resource for investors in India than in any other major market. To some observers, structural idiosyncrasies in the nation's $5.4 trillion stock market are giving skilled stock-pickers an edge. A long-short strategy model that involves buying the top quintile of stocks most favored by analysts in an index of the largest 200 Indian firms, while simultaneously shorting the bottom quintile would have returned 105% over the past decade, data analyzed by Bloomberg News shows. The same market-neutral trade on the S&P 500 Index would have yielded just 14% in this period.
