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There are exactly 14 shopping days left until Christmas, and whether you’re ahead of the game or behind on your shopping list, you may already be feeling some shopping lethargy. But don’t despair: depending on your preferred method of payment, you may be able to get rewarded for running around .... More »
CMHC plays catch-up with vaguely alarming house price warning: Don Pittis Oct 27th
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Review: Tangerine Money-Back Credit Card + MORE Sep 17th
Looking to earn cash back on your daily expenditures? Don’t want to pay an annual fee? Enter the Tangerine Money-Back Credit Card, which was introduced in early 2016 following a successful trial run involving 32,000 existing Tangerine clients. The card, which brings a new level of choice to c.... More »
Canadian Banks Take a Credit Rating Hit from Moody’s + MORE May 18th
The credit ratings of Canada’s Big Six banks have been taken down a notch, reflecting our nation’s high level of household debt and housing prices.
Last week, credit ratings agency Moody’s Investor Service announced that Toronto-Dominion Bank, Bank of Montreal, Bank of Nova Scotia, Canadi.... More »
The best high-interest savings accounts in Canada for 2026 + MORE Mar 9th
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Asian stocks lower amid wait for central bank decisions
– canadianbusiness.com
TOKYO – Asian stocks fell across the board Monday ahead of policy decisions by the U.S. Federal Reserve and the Bank of Japan as well as major earnings reports and economic data from Japan and China expected later in the week.
KEEPING SCORE: Japan’s benchmark Nikkei 225 dipped 0.8 per cent to 17,439.62 in morning trading. South Korea’s Kospi inched down 0.2 per cent to 2,012.52. Hong Kong’s Hang Seng fell 0.5 per cent to 21,362.76, while the Shanghai Composite dropped 1.3 per cent to 2,921.16. Trading was closed in Australia for ANZAC Day, a public holiday.
CENTRAL BANKS: Central bank policy meetings in Japan and the U.S. are the focus of investors’ attention. It is unclear whether additional monetary easing is in store, but the meetings may provide indicators for what can be expected on interest rates in the future. The Reserve Bank of New Zealand, RBNZ, is also holding a policy meeting this week.
THE QUOTE: “While most of the focus will centre on possible policy action from the BOJ, traders will be looking for forward guidance from both the Fed and RBNZ…
KEEPING SCORE: Japan’s benchmark Nikkei 225 dipped 0.8 per cent to 17,439.62 in morning trading. South Korea’s Kospi inched down 0.2 per cent to 2,012.52. Hong Kong’s Hang Seng fell 0.5 per cent to 21,362.76, while the Shanghai Composite dropped 1.3 per cent to 2,921.16. Trading was closed in Australia for ANZAC Day, a public holiday.
CENTRAL BANKS: Central bank policy meetings in Japan and the U.S. are the focus of investors’ attention. It is unclear whether additional monetary easing is in store, but the meetings may provide indicators for what can be expected on interest rates in the future. The Reserve Bank of New Zealand, RBNZ, is also holding a policy meeting this week.
THE QUOTE: “While most of the focus will centre on possible policy action from the BOJ, traders will be looking for forward guidance from both the Fed and RBNZ…
Enough with the earnings: SEC may reduce company reports
– canadianbusiness.com
NEW YORK, N.Y. – Four times a year there’s a kind of parade on Wall Street: companies announce their quarterly earnings, all in a row, with the banks first, then the tech companies, and the retailers bringing up the rear. Stocks can rise or plunge based on the results. And three months later it all happens again.
But regulators are wondering if it’s time for a change.
For about 40 years, companies have had to make four yearly reports of basic financial information, including how much money they earned or lost, how much revenue they took in and what their expenses were. It’s supposed to help investors make informed decisions. But the Securities and Exchange Commission said Wednesday that it may change those rules. It noted there are drawbacks to the requirements, like the time and money companies have to spend to prepare the reports, and the possibility that important information gets lost in the flood of stuff companies have to disclose.
The SEC didn’t propose any specific new rules or commit to making changes…
But regulators are wondering if it’s time for a change.
For about 40 years, companies have had to make four yearly reports of basic financial information, including how much money they earned or lost, how much revenue they took in and what their expenses were. It’s supposed to help investors make informed decisions. But the Securities and Exchange Commission said Wednesday that it may change those rules. It noted there are drawbacks to the requirements, like the time and money companies have to spend to prepare the reports, and the possibility that important information gets lost in the flood of stuff companies have to disclose.
The SEC didn’t propose any specific new rules or commit to making changes…
