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Elite Financial Group

China’s Xiaomi claims new phone chip rivals Apple at a cheaper price

by Elite Financial Group | May 22, 2025 | Financial Services

Chinese smartphone company Xiaomi is taking on Apple’s iPhone with an advanced chip and cheaper phone.Read More…

Tariffs or not, a Chinese baby products company is ramping up its U.S. expansion

by Elite Financial Group | May 20, 2025 | Financial Services

One Chinese baby products company announced it is officially entering the United States, the world’s largest consumer market — regardless of the trade war.Read More…

JPMorgan CEO Jamie Dimon says markets are too complacent on tariffs, expects S&P 500 earnings growth to collapse

by Elite Financial Group | May 19, 2025 | Financial Services

JPMorgan Chase CEO Jamie Dimon said markets and central bankers underappreciate the risks created by record U.S. deficits, tariffs and international tensions.Read More…

Klarna doubles losses in first quarter as IPO remains on hold

by Elite Financial Group | May 19, 2025 | Financial Services

Klarna said its net loss for the first three months of 2025 totalled $99 million, up 110% from a year ago.Read More…

UK clamps down on ‘wild west’ of buy now, pay later sector with new rules

by Elite Financial Group | May 19, 2025 | Financial Services

Buy now, pay later plans are set to face regulation in the U.K. after the government laid out proposals to bring the short-term loans under formal rules.Read More…

China’s April retail sales growth of 5.1% misses expectations as consumption remains a worry

by Elite Financial Group | May 18, 2025 | Financial Services

The National Bureau of Statistics is scheduled Monday to release economic data in April showing impacts from the drastic U.S. tariffs.Read More…
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