A seven-year-old boy has become China’s youngest professional rally car driver after being certified at the age of five. Shao Ziyan, from Wenzhou in eastern China’s Zhejiang province, has amazed mainland social media with his professionalism and passion for the sport despite his young age. According to his father, the boy became obsessed with car racing when he was a toddler. He began using a raci...
A seven-year-old boy has become China’s youngest professional rally car driver after being certified at the age of five. Shao Ziyan, from Wenzhou in eastern China’s Zhejiang province, has amazed mainland social media with his professionalism and passion for the sport despite his young age. According to his father, the boy became obsessed with car racing when he was a toddler. He began using a racing simulator at home when he was one. Noticing that his son had a “particularly great sense” for...
(RTTNews) - The China stock market has moved higher in back-to-back sessions, advancing almost 120 points or 3 percent in that span. The Shanghai Composite Index now sits just above the 3,930-point plateau and it's got a positive lead again for Thursday's trade.
(RTTNews) - The China stock market has moved higher in back-to-back sessions, advancing almost 120 points or 3 percent in that span. The Shanghai Composite Index now sits just above the 3,930-point plateau and it's got a positive lead again for Thursday's trade.
TORONTO, March 25, 2026 (GLOBE NEWSWIRE) -- Partners Value Split Corp. (the “Company”, TSX: PVS.PR.H, PVS.PR.J, PVS.PR.K, PVS.PR.L, PVS.PR.M, PVS.PR.U, PVS.PR.V) announced today its financial results for the year ended December 31, 2025. All amounts are in the United States dollar ("US dollar").
TORONTO, March 25, 2026 (GLOBE NEWSWIRE) -- Partners Value Split Corp. (the “Company”, TSX: PVS.PR.H, PVS.PR.J, PVS.PR.K, PVS.PR.L, PVS.PR.M, PVS.PR.U, PVS.PR.V) announced today its financial results for the year ended December 31, 2025. All amounts are in the United States dollar ("US dollar").
TORONTO, March 25, 2026 (GLOBE NEWSWIRE) -- Partners Value Investments Inc. (the “Company”, TSXV: PVF.WT, PVF.PR.V, PVF.A) announced today its financial results for the year ended December 31, 2025. All amounts are stated in the United States dollar (“US dollar”).
TORONTO, March 25, 2026 (GLOBE NEWSWIRE) -- Partners Value Investments Inc. (the “Company”, TSXV: PVF.WT, PVF.PR.V, PVF.A) announced today its financial results for the year ended December 31, 2025. All amounts are stated in the United States dollar (“US dollar”).
TORONTO, March 25, 2026 (GLOBE NEWSWIRE) -- Partners Value Investments L.P. (the “Partnership”, TSXV:PVF.UN, PVF.PR.U) announced today its financial results for the year ended December 31, 2025. All amounts are stated in the United States dollars ("US dollars").
TORONTO, March 25, 2026 (GLOBE NEWSWIRE) -- Partners Value Investments L.P. (the “Partnership”, TSXV:PVF.UN, PVF.PR.U) announced today its financial results for the year ended December 31, 2025. All amounts are stated in the United States dollars ("US dollars").
Lahiru Lakmal/iStock via Getty Images At a glance Performance The Fund returned 2.02% and the Russell Midcap® Value Index returned 1.42%. Contributors/detractors Stock selection in the real estate and financials sectors contributed to relative performance, while stock selection in the information technology and consumer discretionary sectors detracted. Outlook We remain confident in our discipline...
Lahiru Lakmal/iStock via Getty Images At a glance Performance The Fund returned 2.02% and the Russell Midcap® Value Index returned 1.42%. Contributors/detractors Stock selection in the real estate and financials sectors contributed to relative performance, while stock selection in the information technology and consumer discretionary sectors detracted. Outlook We remain confident in our disciplined value investment approach even as we see potential sources of market volatility. Investment environment Mid-cap stocks rose on positive earnings news, Federal Reserve (Fed) rate cuts, continued strength in stocks with exposure to artificial intelligence (AI), and optimism that economic growth may prove stronger than anticipated. Given the protracted government shutdown, economic data was sparse except for company commentary and private investment surveys, which pointed to a slowly improving economic environment. While investors paid more attention to fundamentals relative to earlier in the year, we continued to see pockets of outperformance by lower-quality stocks, as non-earners continued to outperform. Portfolio review We were pleased with our outperformance during the quarter, that was driven partly by our position in Freeport-McMoRan. Shares of the copper and gold producer rallied in the quarter as both copper and gold prices soared. The company reached a favorable agreement with the Indonesian government, ceding some control of one of its projects in return for a long-term operating license. We believe the company remains well positioned to benefit from higher copper prices, given continued strong demand and constrained industry supply. However, we trimmed our position on strength. Kirby Corporation, another relative contributor, transports petroleum and petrochemical products. It also operates an engine overhaul business, which has seen strong growth due to the rapid buildout in U.S. data center capacity. After underperforming in the third quarter owing to weaker pe...
Federal Reserve Chair nominee Kevin Warsh wants to significantly shrink the US central bank’s $6.6 trillion balance sheet. He’ll probably need more than one term to do it, according to a top financial economist. Darrell Duffie , a professor at the Stanford School of Business and longtime adviser to the Fed, argues in a new paper that the central bank would need to undertake reforms — including an ...
Federal Reserve Chair nominee Kevin Warsh wants to significantly shrink the US central bank’s $6.6 trillion balance sheet. He’ll probably need more than one term to do it, according to a top financial economist. Darrell Duffie , a professor at the Stanford School of Business and longtime adviser to the Fed, argues in a new paper that the central bank would need to undertake reforms — including an overhaul of bank liquidity requirements and a redesign of the payment system — if it wants to substantially reduce its footprint in financial markets without causing severe stress. Once Warsh is confirmed to the post by the US Senate, he could institute some of the reforms more or less right away, provided he has buy-in from his colleagues. Others could take up to five years, Duffie said, which would imply an effort extending beyond Warsh’s four-year term as chair. “That’s retooling the largest payment system in the world,” Duffie said Monday on a call with reporters about just one of several steps he’s proposing. “You’re not just going to write a few lines of code and then insert them back into the system and hope that it works. It’s going to be a lot of testing.” In a paper published Wednesday by the Brookings Institution, Duffie outlined a set of four proposals the Fed could adopt to reduce bank demand for cash reserves held in accounts at the central bank. At the moment, banks have about $3 trillion parked at the Fed, partly to satisfy liquidity regulations imposed on them after the 2008 financial crisis. Fed officials have embraced the setup because it also offers a simpler way to control short-term interest rates. Warsh Pick President Donald Trump, during his search for a new Fed chair, said a desire to immediately lower rates would be a litmus test for his pick. Warsh, who ended up getting the nod, has argued that reducing the central bank’s balance sheet would pave the way for cuts. But he’s provided few details on how he might do that. The Trump-appointed Fed Vice ...
The artificial intelligence (AI) boom has sent investors scrambling to find the market's biggest long-term winners. But not all AI investments offer the same risk-reward profiles. For instance, while some high-flying infrastructure companies remain deeply unprofitable, other established tech giants are queitly integrated AI into their existing products and services. Even more, some AI stocks simpl...
The artificial intelligence (AI) boom has sent investors scrambling to find the market's biggest long-term winners. But not all AI investments offer the same risk-reward profiles. For instance, while some high-flying infrastructure companies remain deeply unprofitable, other established tech giants are queitly integrated AI into their existing products and services. Even more, some AI stocks simply look like better long-term bets than others, both in terms of their business durability and their valuations. And those are the ones I want to gravitate to. Here is a closer look at one AI stock I am avoiding right now, and one I absolutely love. Continue reading
Arm Holdings PLC (NASDAQ:ARM) is one of the 10 Stocks Investors Are Buying Now. Arm Holdings rebounded by 16.38 percent to close at $157.07 apiece, as investors gobbled up shares following news that it is making a foray into chip production and has earned the backing of Meta Platforms for the initiative. In a statement, […]
Arm Holdings PLC (NASDAQ:ARM) is one of the 10 Stocks Investors Are Buying Now. Arm Holdings rebounded by 16.38 percent to close at $157.07 apiece, as investors gobbled up shares following news that it is making a foray into chip production and has earned the backing of Meta Platforms for the initiative. In a statement, […]
Eoneren/E+ via Getty Images Vertical Aerospace ( EVTL ) has lost 47% since my strong sell rating in July 2025. The stock is now down 84.8% since I initiated it with a sell rating. As I discuss in this report, Vertical Aerospace is not necessarily a company that does not have a promising product, but its liquidity runway generally has been too short for a comfortable investment in a higher-risk spa...
Eoneren/E+ via Getty Images Vertical Aerospace ( EVTL ) has lost 47% since my strong sell rating in July 2025. The stock is now down 84.8% since I initiated it with a sell rating. As I discuss in this report, Vertical Aerospace is not necessarily a company that does not have a promising product, but its liquidity runway generally has been too short for a comfortable investment in a higher-risk space. It simply means that additional delays in certification timelines may cause significant volatility and erode shareholder value, and that is exactly what happened with Vertical Aerospace. Vertical Aerospace Transition Milestone Slips Vertical Aerospace For eVTOL companies, the key element to success is not providing fancy marketing material but realistically assessing the certification timelines. Not doing so may result in the company not raising sufficient capital or not raising capital timely. Vertical Aerospace is aiming for a certification of its eVTOL by 2028 and cash flow break-even by 2030. In September 2025, the company highlighted that it expects to have a positive free cash flow by 2030. That is a >$100 million shift from an earlier break-even expectation in 2030. So, that is a positive development that can be seen as a positive for shareholders, as it could potentially reduce some of the requirements on capital raises. Vertical Aerospace stock tumbled following its Q4 earnings release. In my view there was nothing major that would justify a drop. The company did highlight that adverse weather conditions did impact the test campaign, which is perfectly normal, and they also said during the Q4 2025 earnings call that the transition from vertical lift/hover to wing-borne flight is taking longer than expected: So the focus right now from the entire organization is to complete that transition successfully and as quickly as possible from where we stand today. And the reality is it's taken us longer than we anticipated. On our last earnings call, I specifically said ...
The Frozen Market For Homes Authored by Jeffrey Tucker via The Epoch Times, Mortgage rates on a 30-year loan just hit 7 percent, intensifying problems on the demand side. Mortgages plus insurance—which turns a half-million dollar house into a $1.2 million house plus property taxes—became unaffordable for another class of buyers while already out of reach for most people. On the supply side, millio...
The Frozen Market For Homes Authored by Jeffrey Tucker via The Epoch Times, Mortgage rates on a 30-year loan just hit 7 percent, intensifying problems on the demand side. Mortgages plus insurance—which turns a half-million dollar house into a $1.2 million house plus property taxes—became unaffordable for another class of buyers while already out of reach for most people. On the supply side, millions of existing homeowners are locked into COVID-era mortgages of 3 percent or lower, which makes them negative in real terms. That’s a great deal unless you sell and then have to buy again. It would make no sense to sell in any case, but you are still stuck paying ever higher property taxes on ever higher valuations. This has produced a problem that is evident in January’s new home sales numbers, which fell 18 percent, the largest drop in 13 years and a level comparable to the bust following the 2008 financial crisis that began with housing. What’s happening in real time is suggested by the anecdotes. People are neither selling nor buying—unless of course you have a full load of cash on hand. The picture this creates is one of illusory wealth, on one hand, and frustrated renters on the other. The existing owners are paying ever higher property taxes on rising home valuations but their own joy comes from looking at their paper wealth rise on Zillow. It’s an unrealized gain, and realizing it is contingent on willing and lucrative buyers. Otherwise, they are stuck. Closing a sale at the market price is wonderful but parlaying that into new living conditions would certainly land you in a smaller home or a different market entirely, requiring a geographic relocation. A fixer upper is not really viable either when it seems nearly impossible to find affordable and competent service providers these days plus the high cost of all resources. This is again more collateral damage from lockdowns and zero interest rates. The people who used stimulus payments for home purchases thought th...