
The World's Biggest Polluter Is Cleaning Up Its Act
It's the same situation with the most important destination for the world's LNG carriers, coal ships and oil tankers over the past few decades: China. The biggest consumer of carbon, and the source of a third of annual greenhouse emissions, is finally turning a corner to a cleaner future. China's size is so overwhelming that when its fossil fuel consumption peaks, as it's doing now, it will shift the direction of the whole planet.
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Bloomberg
2 hours ago
- Bloomberg
Saudis Raise Main Oil Prices for Asia While OPEC+ Boosts Output
Saudi Arabia raised prices for its main crude grade for buyers in Asia next month as demand for oil and fuels holds up. The move, a day after OPEC+ producers agreed to a fourth round of big output hikes, suggests the kingdom is confident about the market. State producer Aramco will raise the price for Arab Light crude, its flagship grade, by $1 a barrel to $2.20 a barrel more than the regional benchmark for Asian customers, according to a price sheet from the company seen by Bloomberg. It was expected to raise Arab Light price by 65 cents a barrel, according to a survey of traders and refiners.
Yahoo
2 hours ago
- Yahoo
QuantaSing Group Limited's (NASDAQ:QSG) Stock Is Going Strong: Is the Market Following Fundamentals?
QuantaSing Group's (NASDAQ:QSG) stock is up by a considerable 105% over the past three months. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. In this article, we decided to focus on QuantaSing Group's ROE. 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. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Return on equity can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for QuantaSing Group is: 53% = CN¥445m ÷ CN¥845m (Based on the trailing twelve months to March 2025). The 'return' is the profit over the last twelve months. One way to conceptualize this is that for each $1 of shareholders' capital it has, the company made $0.53 in profit. View our latest analysis for QuantaSing Group We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features. Firstly, we acknowledge that QuantaSing Group has a significantly high ROE. Additionally, the company's ROE is higher compared to the industry average of 15% which is quite remarkable. So, the substantial 98% net income growth seen by QuantaSing Group over the past five years isn't overly surprising. As a next step, we compared QuantaSing Group's net income growth with the industry, and pleasingly, we found that the growth seen by the company is higher than the average industry growth of 26%. 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. One good indicator of expected earnings growth is the P/E ratio which determines the price the market is willing to pay for a stock based on its earnings prospects. So, you may want to check if QuantaSing Group is trading on a high P/E or a low P/E, relative to its industry. In total, we are pretty happy with QuantaSing Group's performance. Particularly, we like that the company is reinvesting heavily into its business, and at a high rate of return. Unsurprisingly, this has led to an impressive earnings growth. That being so, according to the latest industry analyst forecasts, the company's earnings are expected to shrink in the future. Are these analysts expectations based on the broad expectations for the industry, or on the company's fundamentals? Click here to be taken to our analyst's forecasts page for the company. — Investing narratives with Fair Values Suncorp's Next Chapter: Insurance-Only and Ready to Grow By Robbo – Community Contributor Fair Value Estimated: A$22.83 · 0.1% Overvalued Thyssenkrupp Nucera Will Achieve Double-Digit Profits by 2030 Boosted by Hydrogen Growth By Chris1 – Community Contributor Fair Value Estimated: €14.40 · 0.3% Overvalued Tesla's Nvidia Moment – The AI & Robotics Inflection Point By BlackGoat – Community Contributor Fair Value Estimated: $359.72 · 0.1% Overvalued View more featured narratives — 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. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


New York Times
3 hours ago
- New York Times
How Europe Got Stuck Between Xi's China and Trump's America
It once looked to many as if President Trump could be a reason for Europe and China to bring their economies closer. His planned tariffs did little to distinguish the European Union, a longtime ally of the United States, from China, the principal challenger to American primacy. It hasn't turned out that way. Instead, the European Union finds itself in a geopolitical chokehold between the world's two largest economies. In Brussels, officials are trying to secure a rough trade deal with their American counterparts before Mr. Trump hits the bloc with high, across-the-board tariffs that could clobber the bloc's economy. At the same time, European Union policymakers are trying to prod their counterparts in Beijing to stop supporting Russia, to stop helping Chinese industry with so much state money and to slow the flow of cheap goods into the European Union. But at a moment of upheaval in the global trading system, the bloc also needs to keep its relationship with China, the world's leading manufacturing superpower, on a relatively stable footing. Leaders from the European Union are scheduled to be in Beijing for a summit in late July, plans for which have been in flux. Hopes for the gathering are low. Even as China pushes the idea that Mr. Trump's hostility to multilateral trade is prodding Europe into its arms, Europe's problems with China are only growing. 'There is no China card for Europe,' said Liana Fix, a fellow for Europe at the Council on Foreign Relations. Want all of The Times? Subscribe.