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Shares are mixed in Asia after the Nasdaq set a record ahead of a meeting by the Federal Reserve later this week that could set the direction for markets in the new year

U.S. stock indexes drifted through mixed trading ahead of a meeting by the Federal Reserve later this week that could set Wall Street’s direction into next year

U.S. stock indexes drifted through mixed trading ahead of a meeting by the Federal Reserve later this week that could set Wall Street’s direction into next year

Canadian Prime Minister Justin Trudeau is facing the biggest test of his political career following the resignation of Finance Minister Chrystia Freeland, long one of his most powerful and loyal ministers

Hindprakash Ind(up 19.99%), Alfavision Over(up 19.96%), Shish Industries(up 18.77%) and Visco Trade Associates(up 16.93%) were among the stocks that surged over 15%.

buy call on Cello World Ltd. with a target price of Rs 1,000. The current market price of Cello World Ltd. is Rs 827.2. Cello World Ltd., incorporated in the year 2018, is a Small Cap company with a market cap of Rs 18311.37 crore operating in the glass sector. Cello World's key products/revenue segments include Domestic Appliances, Export Incentives and Scrap for the year ending 31-Mar-2024.

Adani Power Ltd. 1.53 per cent to Rs 537.10 at 09:59AM (IST) in Tuesday's trade. The counter has hit a high of Rs 537.50 and low of Rs 525.00 so far during the session. The stock had closed at Rs 529.00 in the previous session. The counter has had a total traded volume of 144579 shares so far with a value of Rs 7.67 crore on the NSE. It traded at a price-to-earnings multiple of 16.19 and a price-to-book ratio of 5.78.

Over the past week, gold prices have dropped by Rs 1,900 per 10 grams, while silver has seen a larger decline of Rs 4,900 per kg.

Subscribe to enjoy similar stories. Investors see an interest-rate cut by the Federal Reserve this week as all but certain. Inside the central bank, the case for continued reductions will be less clear-cut if the economy continues to chug along.

Markets are pricing in a more than 90% probability of a 0.25-percentage-point cut in the Fed funds rate this week. Officials are likely to pencil in higher «dot plots» for rates, notwithstanding the dispersion in forecasts among them, together with a move up in the terminal rate closer to what the market expects. Finally, while Chair Jerome Powell will not close off his options for January completely, he is expected to signal at his press conference that the central bank will stand pat when the Federal Open Market Committee meets next month.

Securities and Exchange Board of India (Sebi) is likely to discuss a number of proposals including revamping rules for initial public offerings of small and medium enterprises, changes to the framework for custodians such as doubling their minimum net worth to ₹100 crore from the current requirement of ₹50 crore and expanding the ambit of unpublished price-sensitive information. The Sebi board is scheduled to meet on December 18. The board will consider whether to raise the minimum application size for the public offerings of small and medium(SMEs) to ₹2 lakh or even higher at ₹4 lakh from the existing ₹1 lakh. The proposed tightening of rules comes in the wake of instances of diversion of issue proceeds to shell companies controlled by promoters and inflation of revenue by circular transactions through related parties.

Federal Reserve. A key stock benchmark for the region climbed, as did shares in Australia and Japan. South Korean equities fell, while futures for Hong Kong stocks pointed to a decline. The moves came after a positive session on Wall Street, where the Nasdaq 100 gained more than 1% to reach another record high.

Subscribe to enjoy similar stories. Top Japanese conglomerates and investment firms are ploughing money into India, putting unsavoury episodes of the past behind them. While Japan's SoftBank has been investing in Indian startups for years, the biggest bets from some of the recent entrants are in financial services and new-age companies, multiple investment bankers said.

NDP Leader Jagmeet Singh on Monday called on Prime Minister Justin Trudeau “to resign,” adding that “all options” were on the table when asked if he would support a non-confidence motion.

Bitcoin (BTCUSD) prices shattered another record, rising above $107,000 with growing optimism around reports that President-elect Donald Trump may be considering establishing a bitcoin strategic reserve.

index, further brightening the prospects of the stock. The $25.7 trillion index that houses the largest non-financial companies will now gain indirect exposure to bitcoin via MicroStrategy, which holds $44 billion worth of the digital currency on its balance sheet, about 2% of the total supply of the world's largest cryptocurrency.

Double Taxation Avoidance Agreement (DTAA) will not have any impact on the commitments signed in a trade agreement between India and the EFTA bloc, a top government official said on Monday. The Swiss government has suspended the most favoured nation (MFN), which could potentially impact Swiss investments in India and lead to higher taxes on Indian companies operating in the European nation. India and the four-nation European Free Trade Association (EFTA) signed the agreement in March. Its members are Iceland, Liechtenstein, Norway, and Switzerland.

HDFC Bank on Monday said that it received an administrative warning from Sebi over non-compliance with certain provisions of the regulator. This is the second warning letter from Sebi the bank has received in nearly a week. Earlier, Sebi had sent out a warning letter to HDFC Bank over observations made during the course of its periodic inspection of investment banking activities undertaken by the Bank.

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Donald Trump suggested he plans to create a U.S. bitcoin strategic reserve similar to its strategic oil reserve, stoking the enthusiasm of crypto bulls. Bitcoin, the world's biggest and best known cryptocurrency, hit a high of $106,533 and last traded up 3.1% at $104,493 at 0857 GMT. Smaller crypto ether rose 1.2% to $3,952.