Category: Uncategorized

Bank of Canada delivers half-point rate hike, signals end of aggressive campaign may be nearThe Bank of Canada increased interest rates for the seventh consecutive time on Wednesday, surprising markets […]

Live updates: Bank of Canada raises key interest rate by 50 basis points, delivering seventh consecutive increaseThe latest on the Bank of Canada’s rate decisionMARK RENDELLThe Bank of Canada raised its […]

Russia says it won’t accept an oil price cap; warns of cutoffsRussian authorities rejected a price cap on the country’s oil set by Ukraine’s Western supporters and threatened Saturday to […]

CIBC got clobbered this week. The stock is worth a lookIf you’re worried about the ability of Canadian Imperial Bank of Commerce CM-T -0.70%decrease to navigate through rising interest rates, a deteriorating housing […]

OPEC+ agrees to stick to its existing policy of reducing oil production ahead of Russia sanctionsThe European Union is poised to ban all imports of Russian seaborne crude from Monday. […]

Manufacturing orders from China down 40% in unrelenting demand collapseU.S. manufacturing orders in China are down 40% in what a logistics manager described to CNBC as an unrelenting demand collapse. […]

OPEC+ to consider deeper oil output cuts ahead of Russia sanctions and proposed price capOPEC+, a group of 23 oil-producing nations led by Saudi Arabia and Russia, will convene on […]

Beijing, Shenzhen loosen more Covid curbs as China easing gathers paceAlthough daily cases hover near all-time highs, some cities are taking steps to loosen Covid-19 testing requirements and quarantine rules […]

Economic Calendar: Dec 5 – Dec 9Monday December 5China, Japan and Euro zone services and composite PMI(8:30 a.m. ET) Canadian building permits for October. Estimate is an increase of 5.0 […]