Pakistan invites Sikh pilgrims to attend two events in Lahore this month
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Yahoo
15 minutes ago
- Yahoo
South Korea to step up US trade talks before tariffs kick in on August 1
By Jack Kim SEOUL (Reuters) -South Korea said it planned to intensify trade talks with the United States and considers U.S. President Donald Trump's plan for a 25% tariff from August 1 as effectively extending a grace period on implementing reciprocal tariffs. Trump said on Monday he would impose the tariff on goods from South Korea starting on August 1, posting a letter to President Lee Jae Myung on his social media platform along with one to Japan's leader. South Korea's Industry Ministry said in a statement that the letter effectively extends a grace period on the implementation of reciprocal tariffs by the United States. "We will step up negotiations during the remaining period to reach a mutually beneficial result to quickly resolve the uncertainties from tariffs," it said. "We also plan to use it as an opportunity to improve domestic systems and regulations to resolve the trade deficit that is a major interest of the United States and advance key industries through a manufacturing renaissance partnership between the two countries," it said. South Korea's top trade envoy and presidential security adviser have traveled to the United States in recent days for trade and defence talks as Asia's fourth largest economy races to seek an exemption from Trump's threatened tariffs. The Industry Ministry in the statement conceded it did not have enough time after the start of a new administration in South Korea to reach an agreement with the United States on all issues despite intense negotiations. South Korean President Lee took office on June 4 after winning a snap election after his predecessor's December martial law declaration, which he said had greatly impaired the country's response to U.S. trade policy and new tariffs.
Yahoo
15 minutes ago
- Yahoo
Asian Penny Stocks To Watch With Market Caps At Least US$200M
As global markets continue to navigate a complex landscape, Asian stocks remain a focal point for investors seeking opportunities in diverse economies. Penny stocks, often overlooked due to their vintage nomenclature, still represent an intriguing segment for those interested in smaller or newer companies. By focusing on financial robustness and growth potential, these stocks can offer unexpected value and stability amidst broader market movements. Name Share Price Market Cap Financial Health Rating Lever Style (SEHK:1346) HK$1.28 HK$807.62M ★★★★★★ Ever Sunshine Services Group (SEHK:1995) HK$2.09 HK$3.61B ★★★★★☆ TK Group (Holdings) (SEHK:2283) HK$2.22 HK$1.85B ★★★★★★ CNMC Goldmine Holdings (Catalist:5TP) SGD0.42 SGD170.22M ★★★★★☆ Goodbaby International Holdings (SEHK:1086) HK$1.11 HK$1.85B ★★★★★★ T.A.C. Consumer (SET:TACC) THB4.38 THB2.63B ★★★★★★ Yangzijiang Shipbuilding (Holdings) (SGX:BS6) SGD2.19 SGD8.62B ★★★★★☆ Beng Kuang Marine (SGX:BEZ) SGD0.21 SGD42.46M ★★★★★★ BRC Asia (SGX:BEC) SGD3.17 SGD869.69M ★★★★★★ United Energy Group (SEHK:467) HK$0.52 HK$13.44B ★★★★★★ Click here to see the full list of 991 stocks from our Asian Penny Stocks screener. Let's take a closer look at a couple of our picks from the screened companies. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Inkeverse Group Limited is an investment holding company that operates mobile live streaming platforms in the People's Republic of China, with a market cap of HK$2.56 billion. Operations: The company generates revenue primarily from its Live Streaming Business, which amounted to CN¥6.85 billion. Market Cap: HK$2.56B Inkeverse Group, with a market cap of HK$2.56 billion, primarily generates revenue from its Live Streaming Business amounting to CN¥6.85 billion. Despite being debt-free and having strong short-term assets (CN¥4 billion) exceeding liabilities, the company faces challenges with negative earnings growth (-53.4%) and reduced profit margins (2.6% from 5.6%). A significant one-off loss of CN¥99.7 million impacted recent financials, highlighting volatility in performance despite stable weekly volatility at 8%. The experienced board and management team offer some stability as the company trades below estimated fair value by 24.2%. Click here and access our complete financial health analysis report to understand the dynamics of Inkeverse Group. Evaluate Inkeverse Group's historical performance by accessing our past performance report. Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Low Keng Huat (Singapore) Limited is an investment holding company involved in property development, hotel operations, and investments across Singapore, Australia, and Malaysia with a market cap of SGD280.75 million. Operations: The company's revenue is primarily derived from property development at SGD415.78 million, supplemented by hotel operations generating SGD50.08 million and investments, including construction, contributing SGD66.71 million. Market Cap: SGD280.75M Low Keng Huat (Singapore) Limited, with a market cap of SGD280.75 million, derives significant revenue from property development (SGD415.78 million), hotel operations (SGD50.08 million), and investments including construction (SGD66.71 million). The company recently became profitable, although earnings have declined by 50.5% annually over the past five years. Short-term assets of SGD409 million comfortably cover both short and long-term liabilities, yet the net debt to equity ratio remains high at 62.1%. Despite stable weekly volatility at 6%, interest coverage is weak at 1.3x EBIT, and dividend payments are not well supported by earnings. Get an in-depth perspective on Low Keng Huat (Singapore)'s performance by reading our balance sheet health report here. Gain insights into Low Keng Huat (Singapore)'s historical outcomes by reviewing our past performance report. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Xiamen Hexing Packaging Printing Co., Ltd. operates in the packaging and printing industry, with a market cap of CN¥4.19 billion. Operations: The company generates revenue of CN¥11.23 billion from its packaging manufacturing industry segment. Market Cap: CN¥4.19B Xiamen Hexing Packaging Printing Co., Ltd. demonstrates a stable financial position with short-term assets of CN¥4.4 billion exceeding both its short and long-term liabilities, reflecting solid liquidity. The company's net debt to equity ratio at 16.6% is satisfactory, and its interest payments are well covered by EBIT at 3.5x coverage, indicating manageable leverage levels. While earnings growth over the past year outpaced the industry average, profitability remains modest with a net profit margin of 1%. Recent activities include a share buyback program worth up to CN¥100 million and a cash dividend increase, suggesting shareholder-friendly initiatives despite fluctuating revenue figures. Take a closer look at Xiamen Hexing Packaging Printing's potential here in our financial health report. Examine Xiamen Hexing Packaging Printing's earnings growth report to understand how analysts expect it to perform. Discover the full array of 991 Asian Penny Stocks right here. Ready For A Different Approach? This technology could replace computers: discover the 26 stocks are working to make quantum computing a reality. 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:3700 SGX:F1E and SZSE:002228. 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@
NBC Sports
16 minutes ago
- NBC Sports
Eagles will get their Super Bowl rings on July 18
The Eagles were supposed to receive their Super Bowl LIX rings on June 6. 'Production issues' delayed the ceremony. There's a new date. Per the team, the championship rings will be distributed on Friday, July 18. That's four days before the Eagles report for training camp. And it gives them a weekend to celebrate their Super Bowl win one last time before officially embarking on their effort to try to win the next one. They have a great chance. The Eagles are the most talented team in football, and their signature play survived an offseason assault. Barring a rash of injuries to key players, the Eagles should be right in the thick of things when the postseason rolls around.
