(RTTNews) - Lundin Gold Inc. (LUG.TO, LUG.ST, LUGDF), a Canadian mining, on Sunday announced a binding term sheet for a $670 million silver stream-for-equity transaction with LunR Royalties Corp. (LUNR.V, LNRCF).
(RTTNews) - Lundin Gold Inc. (LUG.TO, LUG.ST, LUGDF), a Canadian mining, on Sunday announced a binding term sheet for a $670 million silver stream-for-equity transaction with LunR Royalties Corp. (LUNR.V, LNRCF).
A packed bus on its way to Nepal’s capital drove off a mountain highway in Nepal early Monday, killing 17 people and leaving another 24 wounded. One Chinese national remains missing and another is being treated at a local hospital, the Chinese embassy in Nepal confirmed according to Xinhua. There were dozens of people on board the bus, which was heading from the resort city of Pokhara to Kathmandu...
A packed bus on its way to Nepal’s capital drove off a mountain highway in Nepal early Monday, killing 17 people and leaving another 24 wounded. One Chinese national remains missing and another is being treated at a local hospital, the Chinese embassy in Nepal confirmed according to Xinhua. There were dozens of people on board the bus, which was heading from the resort city of Pokhara to Kathmandu when it drove off the Prithvi highway after midnight, police said. The bus rolled down a mountain...
US President Donald Trump (L) and China's President Xi Jinping shake hands as they arrive for talks at the Gimhae Air Base, located next to the Gimhae International Airport in Busan on October 30, 2025. Donald Trump and Chinese leader Xi Jinping will seek a truce in their bruising trade war on October 30, with the US president predicting a "great meeting" but Beijing being more circumspect. (Photo...
US President Donald Trump (L) and China's President Xi Jinping shake hands as they arrive for talks at the Gimhae Air Base, located next to the Gimhae International Airport in Busan on October 30, 2025. Donald Trump and Chinese leader Xi Jinping will seek a truce in their bruising trade war on October 30, with the US president predicting a "great meeting" but Beijing being more circumspect. (Photo by ANDREW CABALLERO-REYNOLDS / AFP) (Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images) Andrew Caballero-reynolds | Afp | Getty Images The U.S. Supreme Court's decision to strike down President Donald Trump's sweeping tariffs has strengthened China's hand ahead of a summit with his counterpart Xi Jinping, where Beijing is expected to push for reduced U.S. support for Taiwan, analysts said. In a ruling Friday, the court said Trump wrongfully invoked the International Emergency Economic Powers Act (IEEPA) to implement broad tariffs. That decision has weakened Trump's negotiating leverage as he prepared for a trip to Beijing in April, said Wendy Cutler, senior vice president at the Asia Society Policy Institute. "He has effectively had his wings clipped on his signature economic policy," said Cutler, who was also a former U.S. trade representative. Trump will visit China from March 31 to April 2, the first trip by an American president since his last visit in 2017. Xi is also expected to make a state visit to Washington later this year. Analysts said the ruling could change the dynamics around efforts to extend a trade truce negotiated last year and complicate Trump's push for Beijing to buy large quantities of U.S. soybeans, Boeing aircraft and energy exports. "It limits Trump's ability to deploy tariffs at will, reduces pressure on Beijing to expand soybean purchases or ease rare earth access, and gives China leverage to push for the removal of the remaining 10% tariffs linked to fentanyl," said Dan Wang, China director of Eurasia Group. For Beijing's part, it could u...
Delta Electronics Thailand Pcl became the country’s first $100 billion company after a US Supreme Court ruling striking down tariffs further improved the demand outlook for its AI cooling equipment. Shares of the Nvidia Corp. supplier — which gets about one-third of its revenue from the US — jumped as much as 10% on Monday, extending year-to-date gains to more than 49%. Revenue rose 20% last year ...
Delta Electronics Thailand Pcl became the country’s first $100 billion company after a US Supreme Court ruling striking down tariffs further improved the demand outlook for its AI cooling equipment. Shares of the Nvidia Corp. supplier — which gets about one-third of its revenue from the US — jumped as much as 10% on Monday, extending year-to-date gains to more than 49%. Revenue rose 20% last year thanks to strong power-electronics sales and demand from data centers. “Delta’s earnings visibility is high, supported by its sound strategies of growth and its competitive AI products,” said Suwat Sinsadok , an analyst at Globlex Securities Co., adding that net profit could rise another 25% to $1 billion by 2027. The surge has made Delta into Southeast Asia’s second-most valuable company behind DBS Group, which crossed the $100 billion threshold last year. Still, half of the 22 analysts tracked by Bloomberg rate the firm at a hold-equivalent, with shares trading more than 20% above the average 12-month price target. Delta has also been subject to trading curbs in recent years following various rallies.
Kadestone Capital ( KDCCF ) has appointed Kevin Hoffman as its new CEO and a member of the board of directors. Outgoing CEO Brent Billey will continue to serve as the company’s President and will remain on the board. Hoffman, currently the Chief Development Officer (CDO), brings extensive experience in real estate development. His career highlights include leading Vanprop Investments and President...
Kadestone Capital ( KDCCF ) has appointed Kevin Hoffman as its new CEO and a member of the board of directors. Outgoing CEO Brent Billey will continue to serve as the company’s President and will remain on the board. Hoffman, currently the Chief Development Officer (CDO), brings extensive experience in real estate development. His career highlights include leading Vanprop Investments and President of Aquilini Development. More on Kadestone Capital Corp. Seeking Alpha’s Quant Rating on Kadestone Capital Corp. Financial information for Kadestone Capital Corp.
Traders work on the floor of the New York Stock Exchange during morning trading on February 20, 2026 in New York City. Michael M. Santiago | Getty Images Markets took U.S. President Donald Trump's latest tariff salvos largely in their stride, with investors assessing whether the moves will have a lasting impact on trade or are another negotiating tactic. The market has so far shrugged off the tari...
Traders work on the floor of the New York Stock Exchange during morning trading on February 20, 2026 in New York City. Michael M. Santiago | Getty Images Markets took U.S. President Donald Trump's latest tariff salvos largely in their stride, with investors assessing whether the moves will have a lasting impact on trade or are another negotiating tactic. The market has so far shrugged off the tariffs. Asia stocks were mostly higher, safe-haven assets stayed firm, with yields on the 10-year U.S. Treasury remaining relatively unchanged, while gold inched about 1% higher. The U.S. dollar index slid around 0.3%. "The market didn't really react much to the news. It was already widely anticipated," Ed Yardeni, president of Yardeni Research, told CNBC. "The market learned last year that the [global] economy is remarkably resilient in the face of what I call Trump tariff turmoil." Sit on hands and do nothing, this is just noise, there will be something new to worry about within a few days. Hugh Dive Atlas Funds Management Trump's move to raise global tariffs to 15% from 10% initially announced, comes after the U.S. Supreme Court struck down a broad swath of levies he had imposed under the International Emergency Economic Powers Act. Market strategists said that the Supreme Court's ruling looks more like a procedural reset than a reversal of protectionist policy. Section 122, under which the new tariffs have been imposed, effectively replaces the invalidated IEEPA tariffs on a temporary basis, while leaving in place duties under Section 301 and Section 232, including those targeting steel, autos and China. So, not much has changed to unnerve the markets — at least, not yet. Sit tight and do nothing? Analysts suggest that the key for investors now is to be patient. "No statement on trade policy from Trump is now treated as durable," said Hugh Dive, chief investment officer at Atlas Funds Management. "Sit on hands and do nothing, this is just noise, there will be something new...
A reset of many US tariffs to a uniform 15% will strengthen Thailand’s appeal as a manufacturing and investment hub, according to the country’s top finance official. Finance Minister Ekniti Nitithanprapas said Monday that the shift creates a “more level playing field” for Thai goods. The change comes after the US Supreme Court late last week struck at the legal foundations of President Donald Trum...
A reset of many US tariffs to a uniform 15% will strengthen Thailand’s appeal as a manufacturing and investment hub, according to the country’s top finance official. Finance Minister Ekniti Nitithanprapas said Monday that the shift creates a “more level playing field” for Thai goods. The change comes after the US Supreme Court late last week struck at the legal foundations of President Donald Trump ’s global “reciprocal” tariffs, which he wielded widely as leverage in talks with both friends and foes alike. Read More: Trump’s Treasured Negotiating Edge Dulled By Tariff Defeat Previously, some Thai products faced levies of as much as 19%, compared with 10% for competitors such as Singapore and the UK. The flat 15% rate narrows that gap and improves Thailand’s relative competitiveness, he said. The 150-day period for the new tariff will also likely temporarily support economic growth as it spurs exporters to accelerate shipments to capitalize on the lower rate. Shifts in global trade patterns are also expected to drive foreign direct investment and manufacturing to Thailand. Applications for investment incentives rose 68% last year, and the government plans to fast-track approvals to speed up capital inflows. Despite the short-term boost, Ekniti said the government will press ahead with trade negotiations and expand free trade agreements with other countries to bolster Thailand’s long-term position amid global uncertainty. Thai Exports Jump Most in Four Years on AI-Led Electronics Boom Thailand Raises Growth Outlook in Boost to New Government China, India Among Winners After US Court Blocked Trump Tariffs
BlackJack3D/E+ via Getty Images Key Takeaways Markets: US equity markets delivered gains in the fourth quarter, driven by strong earnings, Fed interest-rate cuts, and optimism around artificial intelligence. Contributors: Stock selection in the financials, consumer discretionary, industrials, and materials sectors Detractors: Stock selection in information technology and underweight exposure to co...
BlackJack3D/E+ via Getty Images Key Takeaways Markets: US equity markets delivered gains in the fourth quarter, driven by strong earnings, Fed interest-rate cuts, and optimism around artificial intelligence. Contributors: Stock selection in the financials, consumer discretionary, industrials, and materials sectors Detractors: Stock selection in information technology and underweight exposure to communication services Outlook: We expect investors will continue to focus on actions from a divided US Federal Reserve, and we are monitoring lofty equity valuations and potential headwinds in the consumer sector.. Performance Review For the quarter, the portfolio generated a positive return and outperformed its benchmark, the Russell 1000 Value Index. Stock selection drove the positive relative performance while sector allocation decisions detracted modestly. Stock selection contributed most in the financials, consumer discretionary, industrials, and materials sectors. This was partially offset by relative weakness among stocks in the information technology sector. From a sector allocation perspective, an underweight to real estate added to relative performance while underweight exposure to communication services detracted. Top individual contributors to performance included overweight positions in Southwest Airlines ( LUV ) (industrials), General Motors ( GM ) (consumer discretionary), Freeport-McMoRan ( FCX ) (materials), Citigroup ( C ) (financials), and Regeneron Pharmaceuticals ( REGN ) (health care). Detractors included avoidance of Micron Technology ( MU ) (information technology), an out-of-benchmark position in Microsoft ( MSFT ) (information technology), and relative overweight positions in PulteGroup ( PHM ) (consumer discretionary), T-Mobile (T MU S) (communication services), and Northrop Grumman (NO C ) (industrials). Outlook The US economy and equity markets demonstrated resilience in 2025 despite concerns surrounding the impact of import tariffs. Looking ahea...
SpiffyJ/iStock via Getty Images I have written about several international ETFs over the past year, most of which hold a portfolio of stocks that has a noticeable slant toward value investing. Earlier this month, I covered the iShares International Equity Factor ETF ( INTF ), calling the fund a Buy based on its historical returns, low management fee, and opportunities to capture added returns in t...
SpiffyJ/iStock via Getty Images I have written about several international ETFs over the past year, most of which hold a portfolio of stocks that has a noticeable slant toward value investing. Earlier this month, I covered the iShares International Equity Factor ETF ( INTF ), calling the fund a Buy based on its historical returns, low management fee, and opportunities to capture added returns in the face of a declining US dollar. Last September, I analyzed the FlexShares International Quality Dividend Index Fund ETF ( IQDF ), calling that fund a Hold. I noted that fund’s value-oriented selections and high dividend, but its overall returns were lagging other options. The Pacer Developed Markets International Cash Cows 100 ETF ( ICOW ) is considered to be a large-cap foreign value fund , but it has one significant difference from most others in its category. ICOW has no exposure to the financial sector. Banking and financial services stocks are often a staple of other foreign value funds. They make up over a fourth of the portfolio for INTF, for example. They have an even larger share in IQDF. In screening for the stocks to include in ICOW, Pacer starts with a select group of stocks with a market cap of at least $3 billion from the FTSE Developed ex-US Index. It then whittles that group down to the top 100 options based on the companies’ free cash flow yield. These companies should be generating enough cash from their operations to prove worthy of owning, but unfortunately for ICOW investors, the returns over the past few years have trailed some other international value peer funds. There is not enough reason for me to give the fund a Buy rating currently, but I think the fund is worth a closer look from investors who may be overweight financials through some of their other value-oriented holdings. ETF Overview The Pacer Developed Markets International Cash Cows 100 ETF is passively managed with a rules-based selection method used to achieve capital appreciation over ...
Hong Kong authorities will continue to provide an annual rental subsidy of HK$150,000 (US$19,193) to victims displaced by the deadly Tai Po blaze, even if they can only move into their new homes 2½ years later under the “flat-for-flat” resettlement scheme, a senior official has said. Deputy financial secretary Michael Wong Wai-lun also said on Monday that residents currently living in transitional...
Hong Kong authorities will continue to provide an annual rental subsidy of HK$150,000 (US$19,193) to victims displaced by the deadly Tai Po blaze, even if they can only move into their new homes 2½ years later under the “flat-for-flat” resettlement scheme, a senior official has said. Deputy financial secretary Michael Wong Wai-lun also said on Monday that residents currently living in transitional housing would be allowed to stay during the period. The government earlier unveiled its plan to...