Target Financial News

Canada’s inflation rate for January decelerated to 2.9 per cent, dropping more than economists were predicting and possibly opening a window for the Bank of Canada to start cutting rates as early as June. Here’s what economists are saying about the numbers.

Brookfield Asset Management Ltd. is beginning early-stage discussions about its next infrastructure product, two months after it closed a record fund that it’s deploying into transportation, telecom and other hard assets.

Investing.com — The surge in the Super Micro Computer's (NASDAQ:SMCI) stock price has gathered significant momentum, thanks in no small part to the growing influence of artificial intelligence. The question now is whether that momentum can continue in the foreseeable future.

(Reuters) -Rio Tinto Ltd has signed a renewable power purchase agreement with specialist renewable energy firm Windlab to buy the majority of electricity from its planned 1.4 giga-watt (GW) wind energy project in Queensland, the miner said on Wednesday.

CAZ Investments, a family office based in Houston, is expanding its reach into the private markets with a substantial commitment to an emerging private equity strategy.

JSW Steel, Tata Steel, Adani Group-backed ACC Ltd and JK Cement Ltd are among the 27 companies which have submitted bids for coal mines under the latest round of coal mine auctions which included the ninth round and the second attempt for seventh round. A total of 27 mines were on offer in the ninth round, while bids were received only for 13 mines, according to a statement from the union ministry of coal. “Under 9th round, a total of 27 coal mines were put up for auction and 33 bids were received against 13 coal mines.

that discussion must continue and "we must find a solution to it peacefully..." ALSO WATCH: What Are Protesting Farmers Demanding From The Government "Everyone has their opinion and everyone is free raise their issues...It's natural for a person to get upset during discussions over those issues, but were are constantly trying that remain in touch, hold discussions to achieve our target with everyone's support," Arjun Munda told news agency ANI. The minister comment came a day before the farmers' union decided to resume their ‘Delhi Chalo’ march.

A gunman shoots at a Montreal Jewish school. A Jewish-owned grocery store is set on fire in Toronto. In Ottawa, police disrupt an alleged terrorism plot against the Jewish community.

By Indradip Ghosh and Prerana Bhat

(Reuters) — CenterPoint Energy (NYSE:CNP) said on Tuesday it would sell its natural gas assets in Louisiana and Mississippi for $1.2 billion to Bernhard Capital Partners, as the electricity and gas utility plans to focus on its regulated business.

While it will likely be a relatively quieter week so far as macro data is concerned, North American markets re-open today after a long weekend, and with China also back this week, markets should turn a bit livelier after a quiet period.

Reserve Bank of India believes that global interest rates may have peaked while achieving the inflational target looks like a prolonged journey. In India repeated food shocks are preventing the positive impact of falling core inflation from manifesting itself in lower Consumer Price Index, the central bank said in its state of the economy report. «While the tightening cycle appears to have run itself out, the path forward remains bounded by the final downslide of inflation to targets which is proving daunting due to the materialisation of tail events,» researchers with RBI's economic wing said. In India, CPI inflation was projected at 4.5% for the financial year 2024-25, a good 90 basis points lower than the estimated average for 2023-24.

Moves by major central banks are set to spark trading opportunities in key currency pairs such as EUR/USD, USD/JPY, and GBP/USD.

Bernstein analysts reiterated an Outperform rating and slightly raised their price target on Disney (DIS) from $115 to $120 on Tuesday.

UBS strategists raised the 2024 target price for the S&P 500 again, saying their last hike to 5,150 was “not bullish enough.”

BNP Paribas Easy Sustainable EUR Corporate Bond is an Article 9 fund with a «100% sustainable universe» and is benchmarked against the Bloomberg Euro Aggregate Corporate index, an investment grade bond index with an average duration of 4.4 years.  The second fund, BNP Paribas Easy Sustainable EUR Government Bond, is an Article 8 ETF targeting 30% sustainable investment. The benchmark index for the fund is JP Morgan EMU Investment Grade, also an investment grade bond index, but with an average duration of 7.1 years. Both funds are sub-funds of the BNP Paribas Easy Luxembourg SICAV and ...

Nifty on Tuesday made a fresh peak and ended 75 points higher near the 22,200 mark to form a long bull candle on the daily charts. The index has been making a higher high both on daily and weekly charts. The short-term trend of the Nifty remains up. A decisive move above 22,200 is likely to open a sharp upside towards the upper trajectory of 22,500-22,600 levels in the near term. Immediate support is at 22,080 levels, said Nagaraj Shetti of HDFC Securities.

artificial intelligence (AI) in the next 5-10 years to prevent misuse of such tools in affecting nation states by politicizing the spread of information, said Mustafa Suleyman, cofounder, Inflection AI and DeepMind. “I think the negative consequences here are likely to arise simply because so many people with different organisational interests, different religious and political values will not only affect information but also the real world in practice. I think that is the challenge for nation states,” Suleyman said.

PNC Infratech, HG Infra Engineering Ltd, Ahluwalia Contracts. During the December quarter , road infrastructure companies continued to benefit from strong order book led by government spending. However the festive season, state elections and pollution control measure in the Delhi National capital region (NCR) etc were some dampeners when it came to execution.

Coal India Ltd’s (CIL) realization from coal sold through the e-auction route picked up sequentially in the three months ended December (Q3FY24), after falling for four straight quarters. The e-auction premium over coal sold through fuel supply agreement (FSA) prices stood at 117% in Q3 against 84% in Q2 aided by higher global coal prices. But it’s too soon to rejoice this as e-auction realization are poised to drop sequentially in Q4.

₹96,703 in 2015-16 to ₹2.71 lakh by 2022-23, targeting a 14.1% compound annual growth rate. However, a National Sample Survey report for 2018-19 showed farmer incomes averaging only ₹1.23 lakh, far from the target.