Target Financial News
16.12 / 18:19
Target
Reuters
Strategy
economy
track
‘Still too early’ to cut rates, Bank of Canada’s Macklem says
The head of the Bank of Canada is pushing back on expectations for interest rate cuts, despite calls from the market and central bank counterparts south of the border that tightening could reverse in the new year.
16.12 / 17:37
Target
Williams
Progressive
Platform
reports
Polymarket
Taiwan Police Target Crypto Influencers Linked to Polymarket Election Betting
Taiwanese law enforcement has initiated an investigation into online influencers and community members involved in promoting a Polymarket contract related to Taiwan’s upcoming election.
16.12 / 16:25
16.12 / 16:23
16.12 / 16:23
Provident
Target
economy
pandemic
reports
recommendations
Congressional Budget Office projects lower inflation and higher unemployment into 2025
The Congressional Budget Office says it expects inflation to nearly hit the Federal Reserve’s 2% target rate in 2024, as overall growth is expected to slow and unemployment is expected to rise into 2025, according to updated economic projections for th...
16.12 / 16:23
Target
Fighting
country
information
reports
travelers
prevention
2 attacks launched by Yemen's Houthi rebels strike container ships in vital Red Sea corridor
A ballistic missile fired by Yemen’s Houthi rebels has slammed into a cargo ship in the Red Sea near the strategic Bab el-Mandeb Strait
16.12 / 16:23
16.12 / 15:47
Target
Citizens
Fighting
Southern
Death
President
reports
Israel-Hamas war: PM Benjamin Netanyahu faces protests as more hostage death details emerge
prime minister is taking heat for what’s been termed inaction on securing a new prisoner exchange deal, weeks after a brief cease-fire ended. The Israel Defense Forces revealed Saturday that the hostages emerged shirtless from a building in the Shejaiya neighborhood of northern Gaza during fighting, holding a makeshift white flag to signify surrender, and that one shouted “help" in Hebrew. Yet they were shot, contrary to the rules of engagement, as soldiers suspected a Hamas threat.
16.12 / 15:08
Target
Action
Strategy
Pool
Experts
innovations
Singapore Unveils Ambitious National AI Strategy 2.0 for Future-Ready Innovation
On December 4, the Singapore government revealed its ambitious National AI Strategy 2.0, an evolution of its first AI strategy introduced in 2019. This updated strategy delineates a comprehensive roadmap for the next 3-5 years, aiming to position Singapore at the forefront of AI innovation and application.
16.12 / 15:08
Provident
Target
FIVE
awards
country
PM Modi hails Assam entrepreneur as inspiration for mobilising 3,000 women to form SHGs
Guwahati, Prime Minister Narendra Modi on Saturday hailed a woman entrepreneur from Assam, who mobilised 3,000 people to form self help groups (SHGs), as an inspiration for enabling economic uplift of the society. He said Kalyani Rajbongshi, who hails from Guwahati, is an example of how women can contribute to the growth of the nation when they become financially independent.
16.12 / 15:07
Target
FIVE
Digital
Coinone
Action
information
reports
South Korea Intensifies Measures Against Unlicensed Crypto Exchanges
South Korean financial officials issued a directive on December 4, 2023, requesting users to report any unregistered cryptocurrency exchanges operating in the area. This directive was made in an effort to control the market. This approach is a reflection of South Korea's continuous attempts to simplify its digital asset market and protect investors from the possible hazards connected with virtual asset exchanges that are not regulated.
16.12 / 15:07
Target
Extreme
economy
Remark
track
Bank of Canada's Macklem talks down interest rate cuts, but says 2% inflation 'now in sight'
Cutting the Bank of Canada’s policy interest rate doesn’t seem to be top of mind for governor Tiff Macklem, who said Dec. 15 that it’s still too early to consider undoing the most aggressive series of rate hikes in decades. Macklem made the remarks while delivering his end-of-year speech before the Canadian Club Toronto on Friday, two days after United States Federal Reserve chair Jerome Powell poured fuel on a stock market rally by suggesting that rates were at or close to their peak. The Financial Post’s Denise Paglinawan breaks down what you need to know about Macklem’s speech.
16.12 / 15:04
Provident
Target
economy
President
track
reports
Headlines
record high
Top headlines: EVs pile up at U.S. dealers as inventories hit record high
Electric vehicle inventories on United States dealer lots reached a new high in December, with a 114-day supply that was more than double what it was a year ago.
16.12 / 15:04
Target
FIVE
Coherent
social
prevention
Opinion: Freeland's new hidden tax on everything and everyone
Tucked into the 500-page Notice of Ways and Means Motion Finance Minister Chrystia Freeland released last month is an insidious measure that urgently needs to be withdrawn. First announced as part of Budget 2023, it imposes an additional $3 billion of federal income tax on “financial institutions” over the next five years. We all know how popular financial institutions are. A tax imposed on big banks and insurance companies will appeal to many people. But who really will pay this tax is: everyone — despite the government’s cynical attempt to try to convince us all that someone else will ultimately bear its burden.
16.12 / 15:01
Citi
Target
love
show
cover
Assam DGP and militant outfit ULFA (Independent) at loggerheads with outfit asking DGP to move around sans security cover
Presently he is guarded by Assam police personnel. In a statement mailed to media houses stated, “First, use CRPF or Indian Army [excluding youth of WeSEA region] in place of the state police officers and constables who were being employed by G P Singh as his driver as as well as in the West-Southeast Asia [WeSEA] region for security. Secondly, just show yourself moving around Guwahati city without security for a week".
16.12 / 14:58
Target
Progressive
Strategy
NVIDIA
Bitcoin
2024
Iris Energy to Ramp Up Capacity in 2024 Following $22M Spend on Bitmain Rigs
Renewable Bitcoin mining company Iris Energy has revealed the acquisition of 1.6 EH/s of Bitmain T21 miners, increasing its self-mining capacity to 10 EH/s.
16.12 / 14:50
Blockchain
Target
BLOCK
Platform
shootings
Bitcoin
stage
Kaspa
$EGLD Pumps as KASPA Dumps. Presale Targets $1 Million Mark
The cryptocurrency market is a volatile space, and the recent price movements of $EGLD and KAPSA are a testament to that, while $EGLD has been on a tear, KASPA has been experiencing a sharp downturn. Meanwhile, $GFOX, the new kid on the block is eyeing the coveted $1 million presale mark.
16.12 / 14:24
Target
Google
CEO
economy
track
reports
2024
Millions of Americans will lose their job in 2024, warns CBO report. Details here
ALSO READ: Google CEO Sundar Pichai opens up on company's biggest layoff in 25 years: ‘We could have done differently’ Although slightly more optimistic than the CBO, the Federal Reserve had a similar outlook for the economy in 2024. It predicted that the real GDP growth would slow down to 1.4 percent in 2024, before rebounding in the following years. The Fed also expected the unemployment rate to increase to 4.1 percent by the end of 2024, which was lower than the CBO’s estimate, reported Hindustan Times.
15.12 / 15:11
Citi
Target
FIVE
Discover
show
rock
reports
Earth had close shave with over 100 Vatican City, Burj Khalifa-sized asteroids in 2023: NASA's top targets unveiled
13 such space rocks flied past Earth in November alone, 16 in October, 13 in September, three in August, two in July, seven in May and 10 in April this year. Meanwhile, data with the Minor Planet Center, the internationally recognized clearinghouse for small-body position measurements, shows that 2,818 near-Earth asteroids were discovered this year, as of December 12, 2023. In all, 33,884 near-Earth asteroids have been discovered by the NASA so far.
15.12 / 14:57
Target
Strategy
President
Experts
cover
stars
F&O stock strategy: How to trade in Exide Industries, NALCO?
US Fed and hit fresh lifetime highs led by IT and bank stocks. The momentum is expected to continue in tune with positive Asian markets and on favourable cues from the US markets. The index has broken out of consolidation, driven by an increase in long positions compared to short trades among participants, Rupak De, LKP Securities, said as he sees the sentiment remaining robust with the index maintaining a position comfortably above crucial moving averages.
15.12 / 14:47
Target
Progressive
President
Fed’s John Williams says the central bank isn't 'really talking about rate cuts right now'
New York Federal Reserve President John Williams said Friday rate cuts are not a topic of discussion at the moment for the central bank.
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