FIVE Financial News

First two episodes will release on 10 pm (PT) on February 27, 2024. Remaining episodes will premier every Tuesday, one by one.

Horizon Investments chief investment officer Scott Ladner predicts the Fed will cut rates three to five times throughout 2024.

Jammu and Kashmir People's Conference on Monday formally announced the candidature of party chief Sajad Lone for the upcoming Lok Sabha elections from Baramulla-Kupwara seat in northern Kashmir. JKPC's general secretary Imran Ansari announced Lone's candidature asserting that the party aims «to defeat the common enemy of the people of J&K». «We believe that the fiercest speeches on the floor of Parliament, advocating the just cause of our people will finally be delivered by Sajad Lone after a painful wait of seven decades,» said Ansari in his official statement.

With most of Canada’s biggest banks exposed to the United States commercial-property market, the deteriorating quality of some real estate loans could lead to nasty surprises as lenders report fiscal first-quarter results this week.

A private lunar lander is expected to cease operations Tuesday, its mission cut short after landing sideways near the south pole of the moon

Vice President Jagdeep Dhankhar on Monday said that “no democracy can survive, no democracy can thrive, no democracy can blossom unless there is equality before law”. Addressing at the 18th convocation of Mizoram University, Dhankhar said that now equality before law is ground reality and those who used to consider themselves above the law are firmly within its grip. He exhorted the youth to discard traditional paths and said: “Youth need to come out of silo of competitive examinations and reckless pursuit of government job”.

Congress President Mallikarjun Kharge kicked off the party's election campaign for Andhra Pradesh at Anantapur on Monday, ahead of the upcoming state assembly polls and Lok Sabha elections, promising to dole out Rs 5,000 every month for eligible poor households. Kharge termed the monthly dole a 'Congress guarantee' and a poll promise greater than the five 'guarantees' being fulfilled in Karnataka and the six being implemented in Telangana. «This is not a promise, this is a guarantee. Like no other state in India, we are giving a promise for the poor. Every poor family will get Rs 5,000 per month into their accounts,» Kharge said, addressing the party's first election campaign meeting, switching between English and Kannada, as the region has a significant Kannadiga minority and borders Karnataka.

According to new research from Boring Money, Hargreaves Lansdown, interactive investor, Fidelity, AJ Bell and Vanguard hold a combined 70% market share of the near £400bn in assets. Hargreaves Lansdown profits drop 8% as platform ramps up technology spend While ii, Fidelity, AJ Bell and Vanguard saw an increase to their market share over the year, Hargreaves Lansdown recorded a decrease to 36%, although this remains the largest individual share. Customer accounts rose 8.3% over the year, up to 10.2 million DIY investment accounts in the UK. While the average age of an investor r...

Canara Bank said on Monday that the board has given its approval a stock split, dividing each share into five shares to enhance the liquidity of the bank's shares and make them more accessible for retail investors, the company said in an exchange filing. The expected time period for the completion of the stock split is 2-3 months. "Expected time of completion is 2 to 3 months from intimation of date of Board Meeting (February 7, 2024) to Stock Exchanges, considering the time taken for receiving RBI’s approval," said Canara Bank.

₹95,000 crore in investments that will create about 2.25 million new jobs in the next four to six years. The ministry is eyeing ₹25,000 crore in investments through the production-linked incentive scheme (PLI) and another ₹70,000 crore through the PM Mega Integrated Textile Regions and Apparel (PM-MITRA) parks scheme.

Hedge funds piled into tech stocks in the weeks before Nvidia Corp.’s earnings. Now, they’re cashing out and selling at the fastest pace in seven months. 

U.S. Bank is consolidating several parts of its business that focus on private capital markets into a new division.

ICSE Class 10 Board 2024 Exams: The Council for the Indian School Certificate Examinations (CISCE or ICSE) on Monday successfully conducted the Class 10 board examination for the academic year 2023–24 for History and Civics subject. The ICSE board exams started on February 21, 2024, and will end on March 28, 2024. - The History and Civics exam was held offline on February 26, 2024, from 11:00 am to 1.00 pm.

Canadians can expect the Bank of Canada to start providing some respite this spring as the central bank “slowly but surely” moves towards its first interest rate cuts, says Desjardins Group.

By David Morgan

Adani New Industries Ltd. is in talks to raise up to $3 billion for capital expenditure, according to people familiar with the matter, as the unit of India’s ports-to-power conglomerate aims to become a major player in the country’s green hydrogen push. The company is discussing the planned transaction with a group of foreign lenders and is likely to raise the money via offshore loans in two or three tranches over the next 12 months, with the process starting in June, the people said, asking not to be identified because the details are private. The loan’s tenor could range from three to five years, with the pricing likely linked to the Secured Overnight Financing Rate, they said. Lenders discussing the credit facility with the company include DBS Bank, Deutsche Bank AG, First Abu Dhabi Bank PJSC, ING Bank NV, MUFG Bank and Standard Chartered Bank Plc.

By Robert Harvey and Alex Lawler

Indian stock market today: OK Play India shares are one of the multibagger stocks that the Indian stock market has delivered in the last one year. The small-cap stock with a market cap of around ₹547 crore has delivered around 140 percent in the last one year, whereas in the last five years, this multibagger stock has risen to the tune of over 350 percent.

retail investors is to ensure wealth creation for retirement and children’s education. Aside from an array of equity and debt mutual fund schemes, investors can opt for the bespoke policies meant for retirement. There are 27 retirement mutual funds in the broader category of solution-oriented schemes with total asset size of ₹24,489 crore.

Class 12 exams started on 12 February and will take place till 2 April. As per the official notification, the results of ICSE, ISC exams will be declared in May 2024.