SPYI ETF: Is this 12% yielding JEPI rival a good fund to buy?
The NEOS S&P 500 High Income ETF (SPYI) has become one of the top “boomer candy” funds in the past few years. It has attracted over $3.8 billion in assets…
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Citigroup to cut 3,500 technology jobs in China as part of global revamp
Citigroup Inc. is undertaking significant adjustments to its operational and policy frameworks, announcing on Thursday a plan to reduce its technology workforce in China by approximately 3,500 employees as part…
EU watchdog accuses Shein of ‘dark’ practices to ‘nag’ and ‘shame’ consumers into buying more
The European Consumer Organisation (BEUC) has filed a formal complaint with EU authorities against Chinese fast fashion giant Shein, alleging that the company uses a series of manipulative digital marketing…
European markets open: Stoxx 600 gains ahead of anticipated ECB rate cut
European stock markets commenced Thursday’s trading session with a cautiously optimistic tone, as major indices posted slight gains. Investor attention is squarely focused on the European Central Bank (ECB), which…
Laopu Gold’s HK$1,000 share price tests rally as valuation, access concerns mount
Laopu Gold Co.’s extraordinary stock surge is facing a test of durability. After soaring more than 2,300% since its June 2024 debut, the jewellery maker’s shares crossed the HK$1,000 mark…
India’s energy transition accelerates as coal declines and renewables surge
In May, India witnessed its most significant drop in coal-fired electricity production in half a decade. This decline coincided with the first decrease in total power demand since August and a…
Top 2 reasons why the Wise share price is surging today
Wise share price continued its strong rally this week after the company published strong financial results. It also jumped after announcing a major strategy shift that will see it change…
Asian stocks end mixed: Hang Seng climbs 1.1%, Nikkei slips 0.5%
Asian equities closed mixed on Thursday as investors assessed weaker-than-expected US economic reports and awaited Friday’s closely watched non-farm payrolls data for further direction.Hong Kong stocks lead gains Hong Kong…
Procter & Gamble to cut 7,000 jobs as tariff impact hits demand
Procter & Gamble (P&G), one of the world’s largest consumer goods companies, has announced it will eliminate 7,000 jobs over the next two years, accounting for around 6% of its…
CoreWeave stock is firing on all cylinders: get out before the engine overheats
CoreWeave Inc (NASDAQ: CRWV) remains in a sharp uptrend this morning as investors continue to cheer its 15-year lease agreements with Applied Digital Corp (NASDAQ: APLD).Including today’s gains, the artificial…