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LATEST

The N5 trillion football economy Nigeria built for foreign giants●Xiaomi ‘in no rush’ to turn vast AI spending into profits despite earnings slump●Visa looking for new stablecoin settlement partner after BVNK sale to Mastercard●SoftBank put two-thirds of its U.S. stock portfolio into Intel, SEC filing shows●Dreyer's is recalling Outshine frozen fruit bars over possible glass contamination●Ethereum’s next upgrade breaks the '21,000 gas' rule wallets rely on●Alibaba drops a laptop AI model days before Meta's move●Citi expects to launch bitcoin custody later this year under its new Custody+ platform●The N5 trillion football economy Nigeria built for foreign giants●Xiaomi ‘in no rush’ to turn vast AI spending into profits despite earnings slump●Visa looking for new stablecoin settlement partner after BVNK sale to Mastercard●SoftBank put two-thirds of its U.S. stock portfolio into Intel, SEC filing shows●Dreyer's is recalling Outshine frozen fruit bars over possible glass contamination●Ethereum’s next upgrade breaks the '21,000 gas' rule wallets rely on●Alibaba drops a laptop AI model days before Meta's move●Citi expects to launch bitcoin custody later this year under its new Custody+ platform●

Asia

Jefferies raises Belrise Industries target price, sees 18% upside on strong demand, business expansion

Markets-Economic Times · 2h ago · 🇮🇳 India

Jefferies raises Belrise Industries target price, sees 18% upside on strong demand, business expansion

Jefferies retained its Buy rating on Belrise Industries and raised its target price to Rs 280, citing strong automotive orders, two-wheeler demand and expanding renewable energy and aerospace businesses. The brokerage expects robust earnings growth, though customer concentration and margins remain key risks.

Read the full story at Markets-Economic Times →

More Asia

Xiaomi ‘in no rush’ to turn vast AI spending into profits despite earnings slump

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Bond markets from US to Japan whacked as inflation and fiscal worries take hold

Markets-Economic Times · 52m ago

Quote of the day by Seth Klarman: "The ability to not be getting margin calls, not be having redemptions, not be scared out of your mind when something’s gone against you is probably the most enhancing thing to long term returns."

Markets-Economic Times · 54m ago