Bank of Canada says debt, asset valuations are key risks to stability
The Canadian financial system remains resilient but the continuing adjustment to higher rates and possible shocks present key risks to stability, Bank of Canada
May 24, 2024Your subscription includes
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The Canadian financial system remains resilient but the continuing adjustment to higher rates and possible shocks present key risks to stability, Bank of Canada
May 24, 2024The International Monetary Fund on Thursday maintained its growth forecast of 3.3% for Nigeria's economy for 2024, up from 2.9% last year,
May 24, 2024Coach handbag maker Tapestry cut its annual sales forecast and missed third-quarter revenue estimates on Thursday, signaling weak demand for its tote bags and accessories
May 09, 2024Italian premium brake maker Brembo posted on Thursday a 5% yearly increase in its core profit in the first-quarter, as revenues in the period topped the one billion euro quarterly threshold
May 09, 2024Robinhood Markets rose in morning trade on Thursday after reporting record first-quarter revenue and profit thanks to mom-and-pop investors returning to its commission-free
May 24, 2024Egypt's foreign debt climbed by $3.5 billion in the three months to the end of December, according to central bank data released on Thursday.
May 23, 2024The Bank of England took another step towards lowering interest rates on Thursday, as a second official backed a cut and Governor Andrew Bailey said he was "optimistic that things
May 24, 2024The Bank of England on Thursday took another step towards lowering interest rates, as a second official backed a cut and Governor Andrew Bailey said he was "optimistic that things
May 24, 2024Europe's benchmark index inched up to close at a record high on Thursday, driven by a jump in industrial stocks, while shares of Spanish bank BBVA hit
May 24, 2024A look at the day ahead in European and global markets from Tom Westbrook The Bank of England is not expected to move interest rates today.
May 22, 2024Blackstone looked set to clinch its $1.57 billion deal for Hipgnosis Songs Fund after Apollo-backed Concord said on Thursday it would stick with its lower bid for the music rights owner of
May 24, 2024JPMorgan's Australian arm has been fined A$775,000 ($509,252.50) for allowing suspicious client orders to be placed on wheat futures trading designed to manipulate the market, the
May 22, 2024Japan's inflation-adjusted real wages in March fell 2.5% from a year earlier, marking declines for two straight years, labour ministry data showed on Thursday.
May 22, 2024Crypto asset manager Grayscale Investments' proposal for an exchange-traded fund tied to ether futures was withdrawn last week, according to a Tuesday notice from the U.S.
May 22, 2024Wells Fargo named former JPMorgan Chase executive Fernando Rivas as co-CEO of its corporate and investment banking (CIB) on Wednesday, as it looks to expand market share on Wall Street.
May 22, 2024U.S. wholesale inventories fell in March, confirming that inventory investment was a drag on economic growth in the first quarter.
May 22, 2024New York Community Bancorp was the cheapest U.S. bank stock among lenders with more than $3 billion in assets for the second straight month, an analysis by S&P Global Market Intelligence
May 08, 2024The European Central Bank can press ahead with interest rate cuts this year but needs to rethink how it forecasts inflation and sets policy based on these projections, Belgian
May 22, 2024German premium carmaker Mercedes-Benz rejected on Wednesday claims it has been trying to prevent the formation of a union at its Alabama plant, ahead of a critical vote there next
May 08, 2024Refiner HF Sinclair on Wednesday surpassed first-quarter profit estimates aided by higher fuel sales and announced a new share buyback program of $1 billion.
May 22, 2024Bank of Japan Governor Kazuo Ueda said on Wednesday the central bank will raise interest rates if trend inflation accelerates in line with the bank's current projections.
May 22, 2024The trial of former Archegos Capital Management head Sung Kook “Bill” Hwang and his deputy Patrick Halligan opens on Wednesday over their role in the failure of the investment firm, which
May 08, 2024A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street looks to have brushed off the latest hawkish Federal Reserve noises and Disney's outsize swoon, with European bourses
May 22, 2024India does not see any nasty upside to inflation at the moment, and expects its economy to expand by more than 7% in the current fiscal year, V.
May 08, 2024Thailand's economy is expected to grow 2.2% to 2.7% this year, down from a previous forecast of 2.8% to 3.3% due to a slow export recovery, a leading joint business group said on
May 22, 2024