The Invesco Emerging Markets Sovereign Debt ETF (PCY) has returned 16% over the past year, benefiting from Federal Reserve rate cuts and a softer dollar. The fund holds US dollar-denominated sovereign bonds from emerging markets, reducing local currency risk but exposing investors to credit and duration risks. Its performance is highly sensitive to US interest rate movements and inflation data, with potential risks if rates rise or emerging market spreads widen. Investors should monitor US Treasury yields, inflation reports, and emerging market credit spreads to gauge future performance.
Champ AI has emerged from stealth with an $8.5 million funding round led by Redpoint Ventures to revolutionize enterprise operations automation. The company’s platform uses AI agents to automate labor-intensive tasks across browsers, phone calls, and...
Old National Bank has introduced 'Team Old National,' a group of golf ambassadors including PGA TOUR player Michael Brennan and top-ranked amateur Kiara Romero. This initiative aims to boost the bank's visibility and community engagement through golf...
Encore Capital Group priced an upsized €325 million senior secured floating rate notes offering due 2033, with a coupon of three-month EURIBOR plus 3.25%. The proceeds will be used to redeem €215 million of outstanding 2028 notes, repay revolving cre...
Epson introduced the WorkForce Enterprise AM-C10000, a premium A3 color inkjet multifunction printer designed for high-volume office environments. It offers fast printing speeds of up to 100 pages per minute and scanning speeds up to 120 images per m...
Manulife Financial Corporation announced quarterly dividends on its non-cumulative preferred shares, payable on or after June 19, 2026, to shareholders of record as of May 29, 2026. The dividend amounts vary by share series, ranging from approximatel...
