Author: Consultant

The close: Stocks rise, U.S. bond yields fall, as traders brace for employment dataGlobal equity markets rose on Thursday after lower-than-expected private payrolls data stirred hopes that the American economy […]

Gold Rises On Inflation WorriesGold edged higher on Thursday as inflation and recession worries persist.Spot gold rose 0.4 percent to $1,854.22 per ounce, while U.S. gold futures were up half […]

China central bank to step up policy implementation to support economyChina’s central bank will strengthen the implementation of its prudent monetary policy and bring forward steps to support the economy, […]

Saudi, OPEC may make up for Russian oil output loss as Biden visit loomsSaudi Arabia and other OPEC members may boost oil output to offset a drop in Russian production, […]

Canada’s big banks expect billions in added income following interest rates hikeCanada’s big banks expect to earn billions of dollars in added income from interest charges over the next year […]

Oil Rallies On China Demand OptimismOil prices rallied on Wednesday amid expectations of firmer fuel demand from China, as Shanghai formally ended its two-month citywide lockdown and a private survey […]

First Home Savings AccountIn a cooling housing market, Canadians who are looking to buy their first home have a new tool at their disposal: the First Home Savings Account, or […]

Laurentian Bank posts most profitable quarter since 2018Laurentian Bank of Canada LB-T +7.30%increase reported a second-quarter profit of $59.5 million, up from $53.1 million a year ago, its most profitable quarter since 2018.The […]

CAE’s fourth-quarter profit soars as revenues increase 25% excluding ventilators last yearCAE Inc. CAE-T +5.32%increase says its net profit attributable to shareholders soared last quarter as revenues increased even excluding ventilators sold to […]