By Fergal Smith TORONTO (Reuters) – Canada’s main stock index edged lower on Wednesday to its lowest closing level in nearly three weeks as a drop in oil prices weighed on energy shares an[...]
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Canada
Dollar eases against major currencies amid rate, economic concerns; yuan strengthens
By Caroline Valetkevitch NEW YORK (Reuters) – The U.S. dollar weakened slightly against major currencies on Wednesday amid concerns that rising interest rates could push the U.S. economy into re[...]
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Miner Vale looks to close deal with partner for base metals in H1
By Marcelo Teixeira NEW YORK (Reuters) – Brazilian mining company Vale is in advanced talks with possible partners for its new base metals investment vehicle and looks to have a deal concluded d[...]
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C$ rebounds as BoC opts for another oversized rate hike
By Fergal Smith TORONTO (Reuters) – The Canadian dollar strengthened against its U.S. counterpart on Wednesday, rebounding from an earlier one-month low, as markets priced in a slightly higher e[...]
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Dollarama lifts annual sales forecast on strong demand for cheaper grocery
(Reuters) – Dollarama Inc raised its full-year same-store sales forecast on Wednesday, as the Canadian discount store chain benefited from inflation-weary consumers shopping at its stores in sea[...]
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TSX futures down on recession fears, BoC rate decision in focus
(Reuters) – Futures tracking Canada’s main stock index slipped on Wednesday on mounting recession worries, while investors awaited the Bank of Canada’s interest rate decision later i[...]
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TSX closes below 20,000 mark as oil prices slide
By Fergal Smith TORONTO (Reuters) – Canada’s main stock index fell on Tuesday to a two-week low as lower oil prices weighed on resource shares and investors braced for another interest rat[...]
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TSX futures edge up as gold shines, BoC meet in focus
(Reuters) – Futures for Canada’s resources-heavy main stock index edged up on Tuesday as gold prices rose, while investors await the Bank of Canada’s interest rate decision. The S[...]
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Toronto home prices fall 1% in November; down roughly 19% from peak
TORONTO (Reuters) – Home prices in the Greater Toronto Area (GTA) fell in November as rapidly rising interest rates weighed on the city’s once-red-hot housing market, data from the Toronto[...]
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