By John McCrank NEW YORK (Reuters) – The dollar gained against the yen, the euro and the pound on Monday after data showed that U.S. services industry activity unexpectedly picked up in November[...]
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Canada
Global central banks extend rate hike push in November
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace and scale of rate hikes delivered by central banks in November picked up speed again as policy makers around the globe battle[...]
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Canada’s deep yield curve inversion adds to BoC rate hike dilemma
By Fergal Smith TORONTO (Reuters) – As the Bank of Canada considers ditching oversized interest rate hikes, it is dealing with an economy likely more overheated than previously thought but also[...]
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‘No sacred cows’ as pipeline company TC Energy prepares for C$5 billion asset sales
By Rod Nickel WINNIPEG, Manitoba (Reuters) – As TC Energy Corp prepares to unload C$5 billion ($3.7 billion) in assets next year, investors and analysts say the North American pipeline operator[...]
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TSX pares weekly gain as investors brace for further rate hikes
By Fergal Smith TORONTO (Reuters) – Canada’s main stock index fell on Friday, including declines for financials and technology, as investors weighed U.S. and Canadian jobs data that could[...]
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U.S. judge dismisses indictment against Huawei CFO that strained U.S.-China relations
By Karen Freifeld and Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Friday dismissed an indictment against Meng Wanzhou, the chief financial officer of Huawei Technologies Co, formally e[...]
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Dollar gives back gains, strong wage growth complicates Fed policy
By Karen Brettell NEW YORK (Reuters) – The dollar dipped on Friday as a Federal Reserve official said rate hikes are likely to slow and as investors took profits from earlier gains after jobs da[...]
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C$ posts weekly decline as U.S. jobs data rattles investors
By Fergal Smith TORONTO (Reuters) – The Canadian dollar weakened against its U.S. counterpart on Friday as domestic jobs data caused few surprises, while a stronger-than-expected U.S. jobs gain[...]
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CIBC to appeal New York court’s ruling in Cerberus lawsuit
(Reuters) – Canadian Imperial Bank of Commerce (CIBC) said on Friday it would appeal a New York court’s ruling in a lawsuit brought against the bank by an entity of U.S. private equity fir[...]
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