As Chinese markets prepare for higher tariffs and hope for more government stimulus , Citigroup analysts say some of their top picks are high-yielding mainland stocks. “Yield plays in the A-share market have become more attractive amid the government bond yield drop,” Citi China equity strategists said in a report last week, referring to stocks that trade in mainland China. The persistent decline in China’s 10-year government bond yield — to record lows around 1.58% this month— prompted the People’s Bank of China on Jan. 10 to stop its government bond purchases . The yield has traded little changed around…
Author: usaeverydaylife
The year 2024 was quite an eventful one for the U.S. stock market, with the S&P 500 Index gaining more than 20% for the second consecutive year. Several factors, including elevated inflation and interest rates, geopolitical tensions, the U.S. presidential elections, and the generative artificial intelligence (AI) boom influenced investor sentiment. Amid this backdrop, many analysts gave market-beating recommendations. Using TipRanks’ Experts Center Tool, we identified the top 10 U.S. analysts with a high success rate.TipRanks helps identify top analysts by ranking them based on success rate, average return, and number of recommendations. The rankings reflect analysts’ ability to outperform…
An aerial view of repair vehicles at sunset passing near beachfront homes that burned in the Palisades Fire as wildfires cause damage and loss through the LA region on January 15, 2025 in Malibu, California. Mario Tama | Getty ImagesMidway through December, tech entrepreneur Dan Preston debuted insurance startup Stand’s first product focused on protecting property in wildfire zones. He should have had months to work with prospective customers and to market the offering before any catastrophic fires hit the U.S.In California, Stand’s home state, fire season normally lasts from early summer through October or November. Stand, which Preston co-founded early…
In the early weeks of the war, her mother expressed concern that Israeli military operations in Gaza could endanger the hostages. Romi Gonen’s older sister, Yarden, told The New York Times in February that she regularly went to a plaza in Tel Aviv where families of hostages have held vigils. “None of us is doing anything remotely related to our previous lives,” she said. Emily DamariMs. Damari, 27 at the time she was captured, is the only hostage with British citizenship still being held. She was taken from her home in Kibbutz Kfar Azza in southern Israel and was seen…
When President-elect Donald Trump is sworn in as president of the United States inside the Capitol’s rotunda, he will do so facing a bust of the Rev. Martin Luther King Jr. on the federal holiday commemorating King’s legacy.It’s a disquieting contrast for some civil rights advocates who wish to fulfill the late reverend’s dream of non-violent social revolution.Events honoring King and advocating for his vision of a just society will occur across the nation as many in the U.S. observe the peaceful transfer of power in the capital. The concurrent events have been met with mixed feelings by civil rights…
The logo of German bank Commerzbank seen on a branch office near the Commerzbank Tower in Frankfurt.Daniel Roland | Afp | Getty ImagesCommerzbank is exploring cutting thousands of jobs as it seeks to fend off an unwanted approach from Italy’s UniCredit, the Financial Times reported on Saturday, citing people familiar with the matter.The plans that are not yet finalised, were expected to be unveiled to the workers’ council over the coming weeks, the report added.Commerzbank did not immediately respond to a Reuters request for comment outside regular business hours.Commerzbank’s supervisory board chairman Jens Weidmann said there is little chance for…
“That to me, I think, has a practical answer, which is government-to-government agreements that emplace effective security safeguards and transparency around the hardware, the model weights and the know-how, and that’s what we have worked through in our M.O.U. [memorandum of understanding] with the U.A.E., and I believe that is a sustainable model for having a strong technology partnership with that country, as well as other countries, that gives the U.S. a series of both economic and strategic advantages, where the alternative is to have them go into the Chinese technology orbit, which we do not want.”On the kinds of…
A sign hangs from a branch of Banco Santander in London, U.K., on Wednesday, Feb. 3, 2010.Simon Dawson | Bloomberg via Getty ImagesBanco Santander is reconsidering its presence in Britain two decades after its acquisition of Abbey National made it a major player on UK high streets, the Financial Times newspaper reported on Saturday, citing people familiar with the matter.The bank is exploring a number of strategic options, one of which is exiting the British market, the report said, adding that no deal or announcement was imminent and that the review was at an early stage.The bank is examining an…
A view over the Gaza Strip as seen from a position on the Israeli side of the border on Jan. 16, 2025.Amir Levy | Getty Images News | Getty ImagesIsraeli warplanes and artillery attacked the northern Gaza Strip on Sunday and Palestinian medics said eight people were killed shortly after Israel and Hamas missed a deadline for a ceasefire that could pave the way for halting the Middle East’s most devastating conflict in years.The delay in implementing the ceasefire and the latest violence came after Israeli Prime Minister Benjamin Netanyahu asked, an hour before the 0630 GMT deadline, that Hamas…
Israel is due to release more than 1,000 Palestinian prisoners over the course of the 42-day initial cease-fire, according to the terms of the agreement, beginning with at least 90 on Sunday in exchange for three Israeli hostages held by Hamas in Gaza.Israelis say that many of the prisoners are terrorists and murderers. Many Palestinians see the imprisoned militants as freedom fighters against Israeli rule, and they argue that others were jailed by an unfair Israeli military justice system.Here are several of the most prominent Palestinian prisoners set to be released under the cease-fire, according to the Israeli Justice Ministry.Zakaria…
