Latest News
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Gold inches higher as oil falls, U.S. rate-hike fears cap gains
Gold edged higher on Tuesday, supported by lower oil prices, as tensions eased in the Middle East but concerns about U.S. interest rate hikes ahead of key inflation data this week capped gains. Spot gold was up 0.3% at $4,340.31 per ounce.…
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Oil prices fall nearly 4% after U.S. Energy Secretary says Hormuz ship traffic is increasing
Oil prices fell Tuesday after U.S. Energy Secretary Chris Wright said ship traffic through the Strait of Hormuz is “rising very meaningfully.” U.S. crude oil futures fell about 3.7% to $87.89 per barrel by 10:42 a.m.…
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New Kinaxis CEO bets Ottawa supply chain software company will be a SaaS-pocalypse winner
Some cloud software companies are weathering the so-called “SaaS-pocalypse” better than others. Kinaxis Inc. KXS-T -0.99%decrease chief executive Razat Gaurav believes his is one of them. The supply chain management software vendor, one of Canada’s 10 most valuable publicly traded…
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Canada’s trade surplus widens in April as soaring crude prices drive record exports
Crude oil prices pushed up by the Iran war helped propel Canada’s goods trade surplus in April up by 55 per cent to a 15-month high of $2.72-billion, Statistics Canada said on Tuesday. Analysts polled…
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Earthquake causes structure to collapse near a group of children in the Philippines
https://www.ctvnews.ca/video/2026/06/08/earthquake-causes-structure-to-collapse-near-a-group-of-children-in-the-philippines
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Nvidia CEO says selloff in tech stocks is a buying opportunity
Nvidia Corp. chief executive Jensen Huang called a global tech stocks selloff that began last week a buying opportunity, saying the buildout of artificial intelligence has just begun. South Korea’s benchmark Kospi Index tumbled on Monday after investors pulled back from AI…
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Canada’s business productivity falls for second straight quarter
One of the economy’s most persistent challenges reared its head again as rising labour costs outpaced growth at the start of 2026 and Canadian business productivity fell for the second straight quarter. Article content Statistics Canada said…
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Wall Street’s week ahead: Blockbuster SpaceX IPO set to test high-flying U.S. stocks rally
The long-awaited, massive SpaceX initial public offering is expected next week, a major event for the U.S. stock market, with investors wary of possible overexuberance. Stock indexes fell on Friday as strong jobs data ignited…
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PM Carney travelling to Ireland and France for G7 summit
Prime Minister Mark Carney is heading to Europe on Thursday, visiting Ireland and France for the G7 summit. The summit is running from June 15 to June 17 in Evian-les-Bains and France says the focus…