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Can Chinese yuan drub US dollar to become the most dominant currency?
Can Chinese yuan drub US dollar to become the most dominant currency? (firstpost.com)FP Explainers April 05, 2023 15:02:37 ISTThe Chinese yuan can come to par with the US dollar in the […] This post is only…
Oil edges up as OPEC cuts, U.S. inventories brighten outlook
Oil prices rose in early Asian trade on Wednesday on anticipated U.S. crude inventory declines and OPEC+’s latest output cut targets.Brent crude futures gained 38 cents to $85.32 a barrel at 0021 […] This post is only…
Federal Reserve’s Mester says rate target will need to go over 5%
Federal Reserve Bank of Cleveland President Loretta Mester said on Tuesday that the U.S. central bank likely has more interest rate rises ahead amid signs the recent banking sector troubles have been contained.To keep inflation on a sustained downward […] This post is only…
Tues (Apr 4) Canadian Market Retreats After Firm Start, Ends Flat
After seven successive days of gains, the Canadian market turned a bit weak on Tuesday, but still managed a good recovery to eventually end the day’s session with just a […] This post is only…
What will Glencore do now that Teck’s controlling shareholder is not on board with its takeover?
The day after Glencore PLC GLNCY +1.14%increase launched an unsolicited US$23.1-billion takeover offer for Canada’s Teck Resources Ltd. TECK-B-T -0.51%decrease, and Gary Nagle, Glencore’s chief executive officer, expounded publicly for hours on its merits, the […] This post is only…
Tourmaline Oil Corp. (TSE:TOU) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
Simply Wall StMon, April 3, 2023 at 6:43 AM CDT·4 min readWith its stock down 11% over the past three months, it is easy to disregard Tourmaline Oil (TSE:TOU). But […] This post is only…
Magna responds to $400M lawsuit filed against it on behalf of trafficked Mexican migrants
A $400-million lawsuit against four businesses, two of them large corporations, filed on behalf of a group of Mexican migrants who were illegally trafficked across the GTA and housed in […] This post is only…
China’s rare earths industry has a raw materials problem
65Mary HuiMon, April 3, 2023 at 6:00 AM CDT·3 min readIn this article:MP-2.60%China may already dominate the world’s supply chains of rare earth metals. Even so, it is increasingly worried about […] This post is only…
TSX Rises Past 20k Mark, Ends Higher For 6th Straight Day
Published: 3/31/2023 6:09 PM ETThe Canadian market extended its winning streak to a sixth session with stocks from technology, consumer discretionary and industrials sectors posting strong gains on Friday.The mood was bullish […] This post is only…