Latest news with #economicstability
Malay Mail
15 hours ago
- Business
- Malay Mail
Dewan Rakyat passes Cross-Border Insolvency Bill to boost investor confidence
KUALA LUMPUR, July 29 — The enactment of the Cross-Border Insolvency Bill 2025 is expected to support Malaysia's long-term goal of attracting foreign direct investments (FDI) as well as strengthening the nation's economic stability. Minister in the Prime Minister's Department (Law and Institutional Reform) Datuk Seri Azalina Othman Said, in her winding-up speech on the bill, said it reflects Malaysia's commitment to progressive international legal standards. The bill is also expected to enhance Malaysia's position as an investor- and trade-friendly country in line with the challenges and demands of globalisation, she said. 'By recognising standard global principles such as the Model Law on Cross-Border Insolvency (MLCBI), Malaysia will gain more confidence from foreign investors in terms of the clarity, transparency, and effectiveness of cross-border insolvency dispute resolution. 'This will help investors know what to expect when facing any financial risk, thereby increasing foreign investor confidence to invest and expand their businesses in Malaysia,' she said. The Dewan Rakyat today passed the Cross-Border Insolvency Bill 2025, which aims to establish an effective mechanism for managing cross-border insolvency cases. The bill was passed by a majority voice vote after being debated by 11 members of Parliament from both the government and opposition. Earlier, when tabling the bill for its second reading, Azalina said cross-border insolvency in the corporate context refers to insolvency proceedings involving companies experiencing financial distress and unable to repay their debts, with creditors and assets located in more than one country. She explained that the bill promotes formal cooperation between courts and insolvency authorities in Malaysia and other countries, which previously depended only on the principle of comity. 'It provides legal certainty to investors and stakeholders by establishing clear procedures regarding the recognition of foreign proceedings, court access, and the granting of relief. 'This bill supports efforts to rescue viable businesses in line with the recent amendments to the Companies Act 2016, thereby safeguarding investments and people's jobs,' she said. — Bernama
France 24
2 days ago
- Business
- France 24
French ministers say EU-US trade deal too unbalanced, needs more work
French government ministers said a framework trade deal between the United States and European Union had some merits – such as exemptions for some key French business sectors such as spirits – but was nevertheless unbalanced. 'The trade agreement negotiated by the European Commission with the United States will bring temporary stability to economic actors threatened by the escalation of American tariffs, but it is unbalanced,' wrote French European Affairs Minister Benjamin Haddad on X. That view was echoed by France's industry minister Marc Ferracci, who said more talks – which could last weeks or months – would be needed before the deal could be formally concluded. Ferracci told RTL radio that more needed to be done in terms of rebalancing the EU's trade relations with the US. 'This is not the end of the story,' Ferracci told RTL.
Yahoo
2 days ago
- Business
- Yahoo
Asian Dividend Stocks Offering Yields Up To 7.2%
As global markets experience a surge propelled by favorable trade deals, Asian markets are also showing signs of optimism with key indices advancing on hopes for continued economic stability. In this environment, dividend stocks in Asia offer an appealing investment opportunity for those seeking steady income streams amid the evolving trade landscape. Top 10 Dividend Stocks In Asia Name Dividend Yield Dividend Rating Yamato Kogyo (TSE:5444) 4.24% ★★★★★★ Wuliangye YibinLtd (SZSE:000858) 5.13% ★★★★★★ NCD (TSE:4783) 4.13% ★★★★★★ Japan Excellent (TSE:8987) 4.22% ★★★★★★ Guangxi LiuYao Group (SHSE:603368) 4.25% ★★★★★★ GakkyushaLtd (TSE:9769) 4.42% ★★★★★★ DoshishaLtd (TSE:7483) 4.06% ★★★★★★ Daito Trust ConstructionLtd (TSE:1878) 4.44% ★★★★★★ Daicel (TSE:4202) 4.59% ★★★★★★ CAC Holdings (TSE:4725) 4.93% ★★★★★★ Click here to see the full list of 1161 stocks from our Top Asian Dividend Stocks screener. Underneath we present a selection of stocks filtered out by our screen. Stella International Holdings Simply Wall St Dividend Rating: ★★★★★☆ Overview: Stella International Holdings Limited is an investment holding company involved in the development, manufacture, and sale of footwear products and leather goods across North America, China, Europe, Asia, and other international markets with a market cap of HK$13.26 billion. Operations: Stella International Holdings Limited generates its revenue primarily from two segments: Manufacturing, which contributes $1.54 billion, and Retailing and Wholesaling, which adds $2.60 million. Dividend Yield: 7.2% Stella International Holdings offers a compelling dividend yield of 7.24%, positioning it in the top 25% of Hong Kong market payers. Despite its reasonable payout and cash payout ratios, indicating dividends are covered by earnings and cash flow, the company's dividend history is marked by volatility and unreliability over the past decade. Recent earnings growth of 21.2% could support future payouts, but investors should remain cautious due to historical instability in dividend payments. Get an in-depth perspective on Stella International Holdings' performance by reading our dividend report here. Our comprehensive valuation report raises the possibility that Stella International Holdings is priced higher than what may be justified by its financials. Sumitomo Forestry Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Sumitomo Forestry Co., Ltd. operates in timber building materials, housing, construction, real estate, and resources and environment sectors across Japan, the United States, Australia, China, Indonesia, New Zealand and internationally with a market cap of ¥960.72 billion. Operations: Sumitomo Forestry Co., Ltd.'s revenue segments include Housing at ¥557.58 billion, Timber Building Materials Business at ¥253.14 billion, Global Construction and Real Estate at ¥1.28 trillion, and Environment and Resource at ¥26.46 billion. Dividend Yield: 3.9% Sumitomo Forestry's recent board meeting led to a stock split and revision of its dividend policy, aiming to enhance liquidity and investor base. The company revised its full-year dividend forecast slightly upward to JPY 91.50 per share. Despite being in the top 25% of JP market payers with a 3.88% yield, dividends are not well covered by free cash flows and have been historically volatile, though the payout ratio remains low at 25.7%. Click to explore a detailed breakdown of our findings in Sumitomo Forestry's dividend report. Upon reviewing our latest valuation report, Sumitomo Forestry's share price might be too pessimistic. Simply Wall St Dividend Rating: ★★★★★☆ Overview: Co., Ltd. specializes in the research, development, manufacture, and sale of heat exchangers for various applications including automobiles and industrial machines, with a market cap of ¥30.19 billion. Operations: Co., Ltd.'s revenue is primarily derived from its operations in Japan (¥80.20 billion), the United States (¥44.59 billion), Asia (¥24.12 billion), China (¥17.06 billion), and Europe (¥4.90 billion). Dividend Yield: 4.9% dividend yield of 4.85% places it among the top 25% of payers in Japan, with a payout ratio of 36.7%, indicating dividends are well covered by earnings. However, its dividend history is volatile, lacking consistent growth over the past decade. Recent share buybacks totaling ¥763.37 million aim to enhance shareholder value and capital efficiency. Despite a recent dividend reduction from ¥150 to ¥120 per share for fiscal 2026, earnings have grown significantly by 241.4%. Unlock comprehensive insights into our analysis of stock in this dividend report. According our valuation report, there's an indication that share price might be on the expensive side. Make It Happen Click this link to deep-dive into the 1161 companies within our Top Asian Dividend Stocks screener. Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance. Maximize your investment potential with Simply Wall St, the comprehensive app that offers global market insights for free. Contemplating Other Strategies? 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:1836 TSE:1911 and TSE:7236. 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@
New York Times
4 days ago
- Business
- New York Times
Investors See Few Alternatives to U.S. Treasuries. Could Europe Make One?
For decades, U.S. Treasuries have been at the pinnacle of the global financial system, with investors, governments and central banks steadily acquiring the dollar-denominated debt with the expectation that the U.S. government will never default. Now the chaotic rollout of President Trump's economic policies and threat to the Federal Reserve's independence have provoked questions about the stability of American assets. But investors who want to shift out of Treasuries and dollars face a wasteland of viable alternatives. Even with the recent uptick in uncertainty caused by Mr. Trump's policies, few countries have anywhere near the economic, political and legal stability of the United States. The European Union, which as a bloc comes close to America in size and wealth, has a fragmented financial market, with each of its 27 countries selling bonds separately. Enter 'Eurobonds,' a new type of European financial asset proposed by Olivier Blanchard, a former chief economist at the International Monetary Fund who is now a professor at the Massachusetts Institute of Technology, and Ángel Ubide, the head of economic research for global fixed income and macro at Citadel. The prospect of debt issued by the European Union has been floated in some form for more than a decade, but faced heavy resistance, particularly from countries with strict limits of debt, like Germany. Some of the hurdles were overcome in 2020 when the bloc announced a plan to issue up to 750 billion euros in joint debt to help fund the recovery from the Covid pandemic. But that was a short-term plan. Mr. Blanchard and Mr. Ubide's proposal is to regularly issue debt, building a liquid pool of assets, and strengthen Europe's financial infrastructure. And it's gaining traction: The chief economist of the European Central Bank recently discussed its merits. Want all of The Times? Subscribe.
Malay Mail
7 days ago
- Business
- Malay Mail
Ministers hail PM's special announcement, say it's all about the ‘rakyat'
KUALA LUMPUR, July 23 — Several federal ministers today thanked Prime Minister Datuk Seri Anwar Ibrahim for making a special announcement on a series of new government measures that will benefit Malaysians, including a one-off RM100 for all Malaysian adults and reduced RON95 petrol price. The ministers said these measures show the federal government's focus on the people of Malaysia and on reducing their financial burden. Communications Minister Datuk Fahmi Fadzil expressed appreciation and thanked the prime minister for announcing these measures, which he said would provide relief to Malaysians and drive economic stability and economic growth, as well as strengthen the country's fiscal resilience amid global uncertainties. 'This announcement proves the MADANI Government's sensitivity towards the pulse of the 'rakyat', and commitment to reduce the burden through various forms of aid,' he said in a statement posted on his official Facebook page. He said the government will balance the need to enhance the country's financial position with the responsibility to take care of the public's wellbeing. Fahmi said the measures announced are the result of careful consideration and based on the principle of social justice and economic sustainability. Separately, Agriculture and Food Security Minister Datuk Seri Mohamad Sabu said the measures showed a government that truly revolved around Malaysians. 'Since day one, that is our aspiration and direction, every sen spent, must be to uplift the dignity of the 'rakyat',' he said in a statement on his official Facebook page, having highlighted five of these measures. Federal Territories Minister Datuk Seri Dr Zaliha Mustafa said 'rakyat, rakyat, rakyat' was the tone of the prime minister's announcement, adding that the government was committed to carrying out immediate steps to reduce Malaysians' burden. 'Today's announcement not only provides relief for millions of families, but also drives the country's economic stability as a whole,' she said in a statement on her official Facebook page. Among other things, she said the government will continue to ensure the public's voices are heard and to prioritise their needs and continue to uplift their standard of living. Recommended reading:
