Wealth Growth Daily

Canada

Toronto home prices fall in June as borrowing costs rise

BY Reuters  • July 6, 2023July 6, 2023
TORONTO (Reuters) – Greater Toronto Area (GTA) home prices fell in June, the first drop in five months, as the Bank of Canada’s move to restart its interest rate hiking campaign injected a[...]
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Business Canada Economy

Canada’s Quebecor to pull its ads from Facebook, Instagram

BY Reuters  • July 5, 2023July 5, 2023
(Reuters) -Quebecor said on Wednesday it will pull its ads from Facebook and Instagram, following Meta Platforms’ decision to stop access to news on the platforms in Canada over a law requiring[...]
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Business Canada Politics Technology Updated US

Yen firms amid intervention chatter, trading subdued on US holiday

BY Reuters  • July 4, 2023July 4, 2023
By Harry Robertson and Ankur Banerjee LONDON/SINGAPORE (Reuters) – The dollar fell against the yen on Tuesday as markets remained on high alert for signs of Japanese intervention, but the broade[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Dollar little changed after ISM data, yen below 145 threshold

BY Reuters  • July 3, 2023July 3, 2023
By Herbert Lash and Joice Alves NEW YORK/LONDON (Reuters) -The dollar was little changed on Monday against a basket of major trading currencies and gained against a yen that’s under intervention[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Glencore proposes to buy remaining stake of PolyMet

BY Reuters  • July 3, 2023July 3, 2023
(Reuters) – Glencore Plc said on Monday it had proposed to buy the remaining stake in copper miner PolyMet Mining it does not already own for about $71 million. The Swiss commodity trader alread[...]
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Business Canada Economy Europe US

Dollar softer after PCE, consumer spending data

BY Reuters  • June 30, 2023June 30, 2023
By Chuck Mikolajczak NEW YORK (Reuters) – The dollar index was lower on Friday following two straight days of gains, after economic data showed a cooling in consumer spending, raising some doubt[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Cyanide maker Draslovka mulls equity raise to drive new mining technology

BY Reuters  • June 30, 2023June 30, 2023
By Jan Lopatka PRAGUE (Reuters) – Cyanide maker Draslovka is considering an equity fundraising worth hundreds of millions of dollars support the roll out of new technology that could help miners[...]
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Business Canada Economy Europe Technology

Canadian firms’ inflation expectations remain high as labor pressures ease

BY Reuters  • June 30, 2023June 30, 2023
By Steve Scherer and Ismail Shakil OTTAWA (Reuters) – Canadian businesses still see inflation running high before edging down slowly, the Bank of Canada said on Friday in a second quarter survey[...]
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Business Canada Economy Updated

UK regulator may refer Adobe’s $20 billion Figma deal to deeper probe

BY Reuters  • June 30, 2023June 30, 2023
(Reuters) -Britain’s competition regulator said on Friday that Photoshop owner Adobe’s $20 billion buyout of cloud-based designer platform Figma may be referred to a deeper investigation a[...]
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Business Canada Economy Europe Technology UK Updated US
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