Target Financial News

dollar was steady on Friday as data pointed to U.S. labour market resilience that could lead the Federal Reserve to keep interest rates higher for longer, while the yen strengthened after Japan's core consumer inflation re-accelerated in June. Central bank meetings from Europe, Japan and the United State are due next week, with investors parsing through data to better gauge monetary policy paths they will likely chart.

Buy or sell stocks for today: Following strong global market sentiments, Indian stock market ended in green for sixth straight session on Thursday. NSE Nifty gained 0.74 per cent and ended at 19,979 levels after hitting a new life-time high of 19,991 levels. BSE Sensex shot up 0.71 per cent and closed at 67,571 levels after climbing to a new peak of 67,619 mark.

By Leika Kihara and Takahiko Wada

More than 1.3 million crypto-related phishing attacks were stopped in Russia in the first six months of this year, a new report has claimed.

By Arathy Somasekhar

Investing.com-- Japanese consumer inflation rose slightly less than expected in June, data showed on Friday, amid easing energy costs, although core inflation and a key Bank of Japan indicator remained sticky.

Alex Mashinsky, the former CEO of bankrupt crypto lender Celsius, has been arrested, as he and his company faces lawsuits from U.S. financial regulators.

The U.S. has imposed sanctions on roughly 120 firms and people in an effort to choke off Moscow’s access to products, money and financial channels that support its continued invasion of Ukraine

Investing.com — Down one day and up the next: The yo-yo trade in oil continues as Saudi production cut pledges are being mitigated by weak gasoline demand in the United States — despite the advent of summer travel, which typically sees a surge in fuel consumption.

Investing.com — The Dow closed higher Thursday, wrapping its ninth straight day of gains and its longest winner streak since 2017 as a climb in Johnson and Johnson and IBM offset the wreck in tech amid a selloff in Tesla and Netflix.

Redundancies are on the cards at the Brisbane headquarters of Bain Capital’s big IPO candidate Virgin Australia. The airline is preparing to haul in its general managers and issue an exit target for their respective business lines. Managers will be given several weeks to generate a plan.

NEW DELHI : The stock price of Jio Financial Services Ltd was discovered at ₹261.85 apiece at a special pre-opening session conducted on Thursday, exceeding analysts’ estimates of ₹125-250. The National Stock Exchange scheduled the special pre-open session between 9 and 10 am to determine the price for Jio Financial in the capital market segment. The move followed Reliance Industries Ltd’s (RIL) decision to spin off its financial services business, Reliance Strategic Investments Ltd, and change its name to Jio Financial Services.

MUMBAI : Billionaire banker Uday Kotak’s recent letter to Kotak Mahindra Bank (KMB) Ltd’s shareholders has displeased the Reserve Bank of India (RBI), which thinks the letter’s reference to “Arjuna’s eye" and other such mentions are a veiled criticism of the central bank governor Shaktikanta Das, a person aware of the matter said. Kotak, in his last shareholder letter as managing director of KMB before stepping down at the end of this year, expressed concerns about the impact of over-regulation on the entrepreneurial spirit of financial sector companies. “I feel the financial sector players risk becoming more robotic, curbing the entrepreneurial flair since the fear of making a mistake overrides the joy of creation and development," he said.

Ubisoft, maker of the blockbuster "Assassin's Creed" franchise, on Thursday posted a 8.7% decline in net bookings in its first quarter, blaming a lack of new games releases. «It is explained quite simply by the fact that we did not launch a game this trimester,» finance chief Frederick Duguet told journalists in a call, adding that Ubisoft had been focused on new versions of older games.

New Delhi: India’s pace of road building slowed in the June quarter, road ministry data showed, at a time the government is looking to raise the annual construction target ahead of a series of elections this year and next. According to the data, only 16% or about 2,250 km of the annual target of 14,000 km was built in the first quarter, which typically sees a pickup in construction continuing from increased pace in the March quarter. Road construction stood at 523 km in April and jumped to 1465 km in May, before slumping to 263 km in June.

A few months after the outbreak of war in Ukraine, Sky News collaborated with the Stockholm International Peace Research Institute (SIPRI) to publish a report revealing the details of NATO States' deliveries to Ukraine. The report highlighted that Britain and the United States were the top suppliers of new weapons.

A private foundation launched in 2020 to help raise funds for the World Health Organization has reported that nearly 40% of its donations so far came from anonymous donors

Fewer Americans applied for unemployment benefits last week as the labor market continues to show fortitude in the face of higher interest rates

NEW DELHI : The Central government and pharma companies are discussing the possibility of developing a vaccine against sickle cell anaemia. The matter was discussed in a recent meeting of the National Technical Advisory Group on Immunization. As apart of the government’s National Sickle Cell Anaemia Elimination Mission launched by Prime Minister Narendra Modi earlier this month, the government is also upgrading the healthcare facilities to providing tertiary care to sickle cell patients.

SVANidhi) scheme. He further urged banks to devise the strategy and step up efforts to increase the digital onboarding of street vendors and scale up their digital payments, the finance ministry said in a statement on Thursday. PM SVANidhi scheme envisages empowerment of street vendors through hassle free access to affordable credit and their digital onboarding for their economic development.

Clean Energy Ministerial and the G20 Energy Transitions Working Group meetings kicked off this week hosted by India, we saw unprecedented focus on clean transportation transitions, bringing together national and sub-national governments as well as industry and research. A stand-out theme has been a clear intent to address hard to abate segments, specifically medium and heavy duty vehicles (MHDV) and freight operations.