TSX opens lower as bank earnings, US debt deal uncertainty weigh
Canada's main stock index extended losses on Wednesday after two top lenders reported disappointing quarterly earnings, while U.S.
2023-05-24 21:58
Canada's household debt is now highest in the G7
Household debt also exceeds Canada's entire GDP, housing agency data reveals.
2023-05-24 21:45
Bank of Montreal Misses Forecast; Loan-Loss Set-Asides Grow
Bank of Montreal posted a surprise drop in fiscal second-quarter profit as it set aside a larger provision
2023-05-24 20:19
BMO, Scotiabank Earnings Miss as Loan-Loss Provisions Increase
Bank of Montreal and Bank of Nova Scotia missed earnings estimates after both Canadian banks reported higher loan-loss
2023-05-24 19:58
Will the debt ceiling debate finish the Fed's inflation fight?
Over the last 14 months, the Federal Reserve has taken a deliberate and economically painful approach to combating elevated inflation rates through interest rate hikes. The regional banking crisis and a possible debt-ceiling induced default on US debt could change all of that.
2023-05-24 19:50
Toronto stock market seen up but slowdown in China could crimp gains: Reuters poll
By Fergal Smith TORONTO Canada's main stock index will rally less than previously expected in 2023 as higher
2023-05-24 19:26
Record Dividends No Match for Recession Woes Gripping Market
Even record dividends aren’t tempting investors enough to bet on stocks they see as more vulnerable in a
2023-05-24 18:21
Turkish AI-backed Marketing Platform Insider Raises $105 Million
Insider, a Turkish artificial intelligence-backed marketing platform, raised as much as $105 million in funding from two existing
2023-05-24 13:46
South Korea asks US to review China rule for chip subsidies
By Soo-hyang Choi SEOUL South Korea has asked Washington to review its criteria for new semiconductor subsidies, concerned
2023-05-24 12:20
Investors in Thailand Face Bumpy Ride Until New Government Sits
Thailand’s financial markets are set for a bumpy ride as investors may have to wait until August to
2023-05-24 11:23
Sabia to Be Named Hydro-Quebec CEO, Leaving Finance Role
Quebec’s government has chosen former financial executive Michael Sabia as the next chief executive officer of Hydro-Quebec, according
2023-05-24 08:20
Wildfires in Western Canada Recede, Energy Output Resumes
The number of fires burning in Canada’s top energy-producing province of Alberta declined in recent days, allowing some
2023-05-24 06:46