Tsunami warnings issued after 6.9-magnitude earthquake hits TaiwanHazardous tsunami waves are possible along coastlines within a 300-kilometer (186-mile) radius of a 6.9-magnitude earthquake that hit southeastern Taiwan on Sunday, the […]
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Calendar: Sept 19 – Sept 23 2022
Calendar: Sept 19 – Sept 23 2022Monday September 19Japan and U.K. markets closed(8:30 a.m. ET) Canada’s industrial product and raw material price indexes for August. Estimates are month-over-month declines of […]
FedEx warning sets stock for worst day, deepens slowdown fears
FedEx warning sets stock for worst day, deepens slowdown fearsFedEx Corp.’s FDX-N -21.97%decrease shares tracked their worst day on Friday after the delivery heavyweight pulled its forecast, feeding into fears of a global […]
China’s retail sales, industrial production beat expectations in August
China’s retail sales, industrial production beat expectations in AugustRetail sales grew by 5.4% in August from a year ago, topping a Reuters forecast for 3.5% growth.Fixed asset investment for the […]
China markets fall despite economic data beating expectations; Chinese yuan weaker than 7 against dollar
China markets fall despite economic data beating expectations; Chinese yuan weaker than 7 against dollarShares in the Asia-Pacific fell Friday as investors digest U.S. economic data and China’s industrial production […]
Trudeau announces billions in cost-of-living relief, says it won’t fuel inflation
Trudeau announces billions in cost-of-living relief, says it won’t fuel inflationPrime Minister Justin Trudeau announced a package of new measures to help Canadians cope with steeply rising prices, as his […]
U.S. lumber industry alleges Canadian softwood producers receiving climate subsidies
U.S. lumber industry alleges Canadian softwood producers receiving climate subsidiesA group led by the U.S. Lumber Coalition has fired a new salvo in a long-running trade dispute, alleging that programs […]
Dow tumbles 1,200 points for worst day since June 2020 after hot inflation report
Dow tumbles 1,200 points for worst day since June 2020 after hot inflation reportStocks fell sharply on Tuesday after a key August inflation report came in hotter than expected, hurting investor optimism […]
Spreads: A weaker recession clue in Canada
Spreads: A weaker recession clue in CanadaThe Bank of Canada boosted its policy interest rate to 3.25 per cent last week in an effort to tame inflation. The idea being […]