What can advisors do as their clients live longer, many without pensions?

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The risks to manage in decumulation Previous generations of retirees tended to have greater access to defined benefit (DB) pension plans. Those plans, Febbraro explained, offered guaranteed lifetime income and professional investment management. For the roughly 7 million Canadians who still have access to DB plans according to StatCan, longevity risk is not as much […]

Coal India subsidiary CMPDI shares climb 7% after Q1FY27 profit surges 54% YoY

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Shares of Central Mine Planning & Design Institute (CMPDI) surged 6.90% to Rs 270.96 during Tuesday’s trading session after the Coal India subsidiary reported strong performance for the first quarter of FY27, driven by robust revenue growth and a sharp rise in profitability. CMPDI reported an 18% year-on-year increase in revenue from operations to Rs […]

Trump’s proposed ban on Kimi and other Chinese AI models could strengthen Beijing’s hand

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The Trump administration has had plenty of targets in its sights in recent months. The newest are China’s cutting-edge AI models. Following the release of Kimi K3, the latest model from Moonshot AI, the White House is reportedly considering options that could effectively ban models like it, along with Alibaba’s Qwen model, the latest version […]

Checklist for smoothly onboarding new staff

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For new accounting hires, the first day on the job can have a lasting impact on how they feel about their employer, their team and their future within the firm. Processing Content Suppose on their first day, nobody knew they were starting, or their manager was away, or there was no workstation for them to […]

China has been buying the gold dip, and these analysts say a comeback is brewing

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For the last few years, China’s buying patterns have been an excellent investment signal on gold

Nebius stock surges as Nvidia discloses 9.3% stake in neocloud

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Nebius stock surged on Tuesday after Nvidia disclosed a 9.3% stake in the neocloud. The Amsterdam-based company has emerged as one of Europe’s leading neoclouds providing AI compute, and has inked multiple deals with tech giants in 2026 amid massive infrastructure spending. Shares of Nebius were up 7% in premarket trading. The company has been […]

For Gen Z, Banking Loyalty Begins with Payments

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Banking relationships often start earlier than most people realize—and they tend to last longer than expected. Roughly half of young consumers will stick with their bank into adulthood, and many never switch. This puts banks’ focus squarely on Gen Z, where the youngest members of the cohort are in their early teenage years and the […]

Tuya Smart Accelerates Physical AI Commercialization with Strategic Investment in Robopoet

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HANGZHOU, China, July 21, 2026 /PRNewswire/ — Tuya Smart (NYSE: TUYA, HKEX: 2391), a leading global AI cloud platform service provider, made a strategic investment in Robopoet’s recently closed RMB 100 million pre-A financing round. The round also drew participation from existing backers Sequoia China and GSR Ventures, along with two other new investors. Tuya’s […]

Stablecoin Awareness Falls Short for 70% of Credit Union Members

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Consumers may hear different labels for stablecoins and other cryptocurrency, but many still place both products in the same mental bucket. That finding sits at the center of “The Wallet Effect: How Credit Unions Can Close the Digital Currency Access Gap,” a June 2026 Credit Union Tracker from PYMNTS Intelligence and Velera. The report finds growing interest […]

Singapore Regulator Issues New Audit Guidelines For Payment Service Providers

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The Monetary Authority of Singapore (MAS) has issued new guidelines setting out its expectations for the annual audit of payment service providers (PSPs), requiring licensed firms to strengthen oversight of risk management, regulatory compliance, and controls as the city-state’s digital payments sector expands. The Guidelines on Audit of Payment Service Providers (PS-G04), seen by CrowdFund […]