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Fintech platforms outpace bank brokerages in new survey + MORE Apr 9th
Fintech companies are leading in client satisfaction compared with self-directed brokerages at traditional banks, a new report shows. A JD Power survey on investor satisfaction found fintechs aren’t just winning on consumer satisfaction but are also perceived to be more innovative and equally .... More »
Hard choices ahead as Alberta teachers' strike bargaining resumes Tuesday - Edmonton Journal Oct 14th
Hard choices ahead as Alberta teachers' strike bargaining resumes Tuesday Edmonton JournalAlberta teachers, province set to meet for first time since strike began last week Global NewsTeachers’ Strike: Most Albertans side with teachers as they criticize UCP’s handling of ed.... More »
Toys "R" Us ends Canadian stores auction with Fairfax as sole bidder + MORE Apr 23rd
Toys "R" Us Inc. will seek approval to sell its Canadian unit to Fairfax Financial Holdings Ltd. after cancelling an auction for the company's Canadian operations..... More »
What is DeepSeek, the Chinese AI company upending the stock market? Jan 28th
A frenzy over an artificial intelligence chatbot made by Chinese tech startup DeepSeek was upending stock markets Monday and fuelling debates over the economic and geopolitical competition between the U.S. and China in developing AI technology.
DeepSeek’s AI assistant became the No. 1 downloade.... More »
Taxes changes, new RRSP rules: Here’s what to watch out for in 2020 - Global News Dec 31st
Taxes changes, new RRSP rules: Here’s what to watch out for in 2020 Global NewsAre 2020's tax changes 'significant' or 'a wash'? CBC.caLower taxes, new RRSP rules and a digital-news credit among changes coming in 2020 The Globe and MailView full coverage on Google .... More »
Canadian companies take advantage of debt demand
– theglobeandmail.com
As our country’s credit markets open to domestic companies with weak ratings, more bonds will come from those without investment-grade designations
Asian stocks mostly higher, China and Korea markets closed
– canadianbusiness.com
TOKYO – Asian stocks were mostly higher Monday, with Chinese and South Korean trading closed, as investors weighed the prospects of a further U.S. interest rate hike and a report on business sentiment out of Japan.
KEEPING SCORE: Japan’s benchmark Nikkei 225 gained 1.2 per cent to 16,640.23 in morning trading. Australia’s S&P/ASX 200 rose 0.8 per cent to 5,481.70. Chinese and South Korean markets were closed.
WALL STREET: The Dow Jones industrial average jumped 164.70 points, or 0.9 per cent, to finish the week at 18,308.15. The Standard & Poor’s 500 index rebounded 17.14 points, or 0.8 per cent, to 2,168.27. The Nasdaq composite rose 42.85 points, or 0.8 per cent, to 5,312.
GERMANY: Deutsche Bank has tried to reassure investors about its financial health. Investors hope Deutsche Bank will be able to negotiate down the massive cost of settling a U.S. investigation into mortgage securities. Deutsche Bank is the largest lender in Germany, and investors had been concerned about not only its plunging stock price, but the potential effect on the financial system if Deutsche Bank gets into serious trouble and the German government does not help it…
KEEPING SCORE: Japan’s benchmark Nikkei 225 gained 1.2 per cent to 16,640.23 in morning trading. Australia’s S&P/ASX 200 rose 0.8 per cent to 5,481.70. Chinese and South Korean markets were closed.
WALL STREET: The Dow Jones industrial average jumped 164.70 points, or 0.9 per cent, to finish the week at 18,308.15. The Standard & Poor’s 500 index rebounded 17.14 points, or 0.8 per cent, to 2,168.27. The Nasdaq composite rose 42.85 points, or 0.8 per cent, to 5,312.
GERMANY: Deutsche Bank has tried to reassure investors about its financial health. Investors hope Deutsche Bank will be able to negotiate down the massive cost of settling a U.S. investigation into mortgage securities. Deutsche Bank is the largest lender in Germany, and investors had been concerned about not only its plunging stock price, but the potential effect on the financial system if Deutsche Bank gets into serious trouble and the German government does not help it…
