Economic Calendar: May 30 – June 3Monday, May 30Japan machine tool orders for April.Euro area economic and consumer confidence readings for May.Germany consumer price index for May and April retail […]
Author: Consultant
Two investment banks cut their China GDP forecasts even lower
Two investment banks cut their China GDP forecasts even lowerUBS cut its forecast to 3%, down from 4.2% previously and the lowest among estimates tracked by CNBC.JPMorgan slashed its forecast […]
The Indo-Pacific Economic Framework: What it is — and why it matters
The Indo-Pacific Economic Framework: What it is — and why it mattersNo Canada!Seen as a means to counter China in the region, it is a U.S.-led framework for participating countries […]
China holds an unprecedented, massive videoconference on the economy
China holds an unprecedented, massive videoconference on the economy“The difficulties, in some areas and to a certain degree, are even greater than the severe shock of the pandemic in 2020,” […]
National Bank Of Canada Reports $932M Q1 Profit, Beats Expectations
National Bank Of Canada Reports $932M Q1 Profit, Beats Expectations National Bank of Canada beat expectations as it reported a first-quarter profit of $932 million compared with $761 million a year […]
TD Bank Group Reports $3.8B Q2 Profit, Up From $3.7B A Year Ago
TD Bank Group Reports $3.8B Q2 Profit, Up From $3.7B A Year AgoTD Bank Group reported its second-quarter net income totalled $3.81 billion, up from $3.70 billion in the same […]
CIBC Reports Q2 Profit Down From Year Ago, Raises Quarterly Dividend
CIBC Reports Q2 Profit Down From Year Ago, Raises Quarterly DividendCIBC raised its quarterly dividend as it reported its second-quarter profit fell compared with a year ago.The bank says it […]
RBC hikes dividend, posts profit gain as COVID-19 risks recede
RBC hikes dividend, posts profit gain as COVID-19 risks recedeRoyal Bank of Canada RY-T +0.15%increase reported higher second-quarter profit and raised its quarterly dividend as the bank sees risks related to the COVID-19 […]
Bankers buck gloomy trend by forecasting growth amid concerns about economic slowdown
Bankers buck gloomy trend by forecasting growth amid concerns about economic slowdownTop executives at two major Canadian banks predict they can keep adding new loans and increasing profits in the […]