Target Financial News

By Nidal al-Mughrabi and Arafat Barbakh

By Ismael Lopez

RCMP in Surrey, B.C., say they’ve arrested two men in connection with an extortion racket that has been terrifying Lower Mainland business owners.

Dunki Box Office collection Day 9: Dunki is Shah Rukh Khan’s third Bollywood movie of the year. It opened on a Thursday with a strong collection of ₹29.2 crore. The following day saw a significant drop.

Buy or sell stocks for next week: Key benchmark indices of the Indian stock market gave up its five days winning streak and ended the last trade session of 2023 on a flattish note amid profit booking in select heavyweights. Nifty 50 index remained in negative territory throughout the session and closed with minor loss of 22 points at 21,731 levels. BSE Sensex finished 0.23 per cent lowe at 72,240 levels whereas Nifty Bank index lost 0.45 per cent and ended at 48,292 levels.

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China wants to extend its lead in global shipbuilding to a new generation of vessels that burn cleaner fuels. The nation is targeting building more than half of global vessels powered by lower-carbon fuels including liquefied natural gas and green methanol by 2025, according to a joint statement released by the Ministry of Industry and Information Technology and four other departments. The goal is in line with Beijing’s plans to future-proof its massive industrial complex by focusing on sectors that will gain prominence as the world tries to reduce emissions over the next few decades.

Denmark, home to some of the world’s largest firms, agreed to double wages for crew sailing through the Red Sea to compensate for the danger posed by the recent attacks. The hazard pay kicks in for the time spent in two defined high-risk areas in the region, according to a deal presented on Friday by employer group Danish Shipping and the nation’s three largest labor unions for seafarers. Many transport companies are avoiding the Red Sea where Yemen-based Houthis have attacked ships in support for Hamas in the conflict with Israel. But even ships without direct links to Israel have been targeted, and as the escalation of the war threatens global trade, a US-led task force is trying to bolster security on the key waterway. Denmark’s A.P.

U.S. stocks closed modestly lower on Friday, the last trading day of 2023, capping a robust year-end rally as investors eyed easier monetary policy in the year ahead. The stock market has seen remarkable upward momentum in the closing months of the year, powering all three major indexes to monthly, quarterly and annual gains. For the year, all three posted double-digit growth. «On January of this year, 363 days ago, if I said I think the S&P is going to gain more than 20% in 2023, you would have put me into the slightly nutty category,» said Oliver Pursche, senior vice president at Wealthspire Advisors, in New York.

Rajasthan Chief Minister Bhajan Lal Sharma and his deputies, Diya Kumari and Prem Chand Bairwa, the state is set to witness a cabinet expansion scheduled for today at Raj Bhavan in Jaipur, as reported by ANI citing sources. As reported by ANI citing sources, "Around 18 to 20 MLAs will take oaths as ministers.

Lakhbir Singh Landa, a 33-year-old gangster based in Canada, as a terrorist. Affiliated with the pro-Khalistani group Babbar Khalsa International (BKI), Landa played a role in plotting a rocket attack on the Punjab Police Intelligence Headquarters in Mohali in 2021.

The Indian mutual fund industry has been witnessing a remarkable surge in interest among investors in recent times with the Assets Under Management (AUM) growing by nearly 21 percent to touch ₹49.05 lakh crore as on November 30, 2023, up from ₹40.38 lakh crore as on November 30, 2022. At the current levels, the industry is almost halfway through its targeted aim of achieving an AUM of ₹100 lakh crore over the next few years.

A study from Harvard says social media companies collectively made over $11 billion in U.S. advertising revenue from minors last year

More Americans applied for unemployment benefits last week, but not enough to raise concern about the labor market or broader economy

BlendJet is recalling about 4.8 million of its portable blenders over laceration and fire hazards after receiving dozens of injury reports

The IPO market limped ahead in 2023 and analysts expect a steadier recovery ahead

It’s just about time to celebrate New Year’s Eve and say goodbye to 2023

Federal regulators have lessened the severity of their warning about cracks discovered in a backup emergency fuel line at a South Carolina nuclear plant northwest of the state capital

Boeing is asking airlines to inspect its 737 Max jets for a potential loose bolt in the rudder control system, the airplane maker and Federal Aviation Administration confirmed this week

₹9 trillion in the April to November period, about half of the estimated full-year target, as tax revenue grew in twin digits, and spending and subsidy outgo were broadly in line with estimates. With this, fiscal deficit, the gap between government spending and revenue that is met through borrowing, for the full fiscal looks set to remain in line with the ₹17.9 trillion estimated at the beginning of the year. The government has so far stuck to its borrowing calendar although it has secured Parliament’s approval for extra spending of a net ₹58,378 crore in the current fiscal involving cash outgo.

Labour Codes and align them with the ones notified by the union labour ministry to minimise divergence and any possible legal issues after the roll out of codes. A senior government official told ET that the Centre will reach out to all states and deliberate with them about their rules under each code to ensure they are not in conflict with central rules. The move follows a recent study by the VV Giri National Labour Institute, an autonomous body under the ministry of labour and employment, which highlighted wide divergence in the rules, not only between the central and states and union territories but also among the states. For example, the central rule provides for the spread over of 12 hours a day while Assam and Kerala restrict the spread over to ten-and-a-half hours a day.