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China’s Shenzhen stocks rise as data shows factory activity grew in June; Asia stocks slip
China’s Shenzhen stocks rise as data shows factory activity grew in June; Asia stocks slipChinese markets rose on Thursday as government data showed factory activity grew in June, but most […] This post is only…
OPEC+ sticks with planned oil production hike as supply concerns weigh on energy markets
OPEC+ sticks with planned oil production hike as supply concerns weigh on energy marketsOPEC and non-OPEC partners, a group sometimes referred to as OPEC+, concluded a meeting via videoconference by […] This post is only…
Fed’s preferred inflation measure rose 4.7% in May, around multi-decade highs
Fed’s preferred inflation measure rose 4.7% in May, around multi-decade highsCore personal consumption expenditures prices, excluding food and energy, rose 4.7% from a year ago, slightly less than expected.Headline inflation […] This post is only…
Air Canada reducing summer flights as industry faces ‘unprecedented strains’ on travel operations
Air Canada reducing summer flights as industry faces ‘unprecedented strains’ on travel operationsAir Canada, AC-T -2.29%decrease citing “unprecedented strains” on the airline industry from resurgent travel, says it is cancelling 154 flights per […] This post is only…
U.S. economy contracts in first quarter; outlook murky as unsold goods accumulate
U.S. economy contracts in first quarter; outlook murky as unsold goods accumulateThe U.S. economy contracted slightly more than previously estimated in the first quarter as the trade deficit widened to […] This post is only…
Why Canadian energy stocks are a no-brainer
Why Canadian energy stocks are a no-brainerCanadian oil and gas stocks were a compelling buy even before the sector’s latest drubbing. Now they’re almost a no-brainer.Over the past few weeks, […] This post is only…
Mark Carney says global recession risk is ‘uncomfortably high,’ but Canada likely to fare better than most other countries
Mark Carney says global recession risk is ‘uncomfortably high,’ but Canada likely to fare better than most other countriesThe former governor of the central banks of Canada and England says […] This post is only…
Manulife bids for full control of China joint venture, lured by $3.8-trillion funds market, sources say
Manulife bids for full control of China joint venture, lured by $3.8-trillion funds market, sources sayManulife Financial Corp moved closer toward taking full control of its funds joint venture in […] This post is only…
June 28 – Shares in the Asia Pacific fall; Australia retail sales data ahead
June 28 – Shares in the Asia Pacific fall; Australia retail sales data aheadShares in the Asia-Pacific fell on Wednesday after Wall Street’s negative performance on Tuesday.South Korea’s consumer sentiment […] This post is only…