JD.com vs. Alibaba: what JD’s Q2 print means for Alibaba’s August 20 earnings
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EUR/JPY Price Forecast: Holds ground near 184.00, 50-day EMA
EUR/JPY remains flat after registering minor gains in the previous day, trading around 183.90 during the Asian hours on Friday.
LG Electronics shares jump 5% after robust Q1 earnings. What are Jefferies, other brokerages saying?
In the first quarter of FY27, LG Electronics India showcased impressive profit growth alongside significant operational revenue increases from April to June.
- LG Electronics India shares jump 5% post Q1 earnings
- Net profit up 27% YoY, revenue grows 15.5% YoY
- Jefferies rates LG Electronics India Buy with Rs 1,810 target
BoG Governor urges banks to deepen financing for SMEs, agriculture
The Bank of Ghana has urged banks to expand productive lending by developing flexible financing products tailored to small and medium-sized enterprises (SMEs), particularly in agriculture.
Brokerages initiate coverage on Vedanta Aluminium, Kalyan Jewellers, 3 other stocks with up to 36% upside
Multiple brokerages have begun analyzing selected Indian stocks, anticipating considerable growth in the future. Jefferies has given Kalyan Jewellers a Buy rating with a specific target price.
- Jefferies recommends Buy on Vedanta Aluminium with 36% upside target
- Systematix Institutional Equities forecasts 33% upside for Vedanta Aluminium
- ICICI Securities adds Vedanta Aluminium with 11% upside target
China yuan nears 3-1/2-year high as Fed rate hike bets fade
The Chinese currency is benefiting from supportive domestic policy signals and a weaker dollar as expectations for tighter US monetary policy fade.
Bitwise mulls tokenizing its Solana staking ETF via Superstate partnership
Shares held in tokenized form would carry the same rights as those in book-entry form, though not freely transferable outside the system.