TSX getting you down? There are always sound investment alternatives.
Latest News
South Korea says North Korea committed to 'complete' denuclearization, summit with Trump - Reuters May 27th
ReutersSouth Korea says North Korea committed to 'complete' denuclearization, summit with TrumpReutersSEOUL (Reuters) - North Korean leader Kim Jong Un reaffirmed his commitment to “complete” denuclearization of the Korean peninsula and to a planned meeting with U.S. President Donald T.... More »
Dominic Barton wants Justin Trudeau to think big about the economy. Will he? + MORE Sep 5th
Chairman of the Advisory Council Dominic Barton pats Minister of Finance Bill Morneau on the shoulder during a news conference in Ottawa, Thursday, October 20, 2016. (Adrian Wyld/CP)
Dominic Barton is all about scale. When the global managing partner of McKinsey & Co. gives a talk, he’s prone .... More »
Valeant Pharmaceuticals to report fourth-quarter results next week + MORE Mar 7th
LAVAL, Que. – Embattled company Valeant Pharmaceuticals plans to discuss its fourth-quarter financial results and update its 2016 earnings estimates on March 15.
The announcement was delayed by two weeks because of the return of chief executive Michael Pearson, who returned recently from a two.... More »
Hanjin cargo ship stranded off California finally unloads Sep 11th
LONG BEACH, Calif. – A Hanjin container ship that was stranded off the California coast for more than a week began unloading Saturday after a judge protected the global shipping giant from having its assets seized in the U.S. as it struggles to avoid bankruptcy.
The 1,145-foot-long Hanjin Gree.... More »
This detached home in Toronto is listed for $750,000. Nearby homes have sold for a million. Why is it priced this way? Oct 8th
#GTAHomeHunt is a weekly series from the Star that gets into the details of real estate listings in Toronto and the Greater Toronto Area. Have a tip? Email us at social@torstar.ca.... More »
The Toronto Stock Exchange closed ahead 156 points or 1.1 per cent on Tuesday, halting the rout that had taken it down 12 per cent since its high in September.
China looks to increase investment in central, eastern Europe
– theglobeandmail.com
China sees central and eastern Europe as a potentially lucrative market and bridgehead to the wider EU
Export Development Canada will be providing financial assistance to European telecom giant Vodafone, which the Canadian government agency notes is an important customer of BlackBerry.
WASHINGTON — Russia’s suddenly escalating financial crisis risks spilling beyond its borders and endangering parts of the global economy.
With economies in Europe, Japan, China and Latin America already ailing, fresh threats have emerged from Russia’s shrivelled currency, its move to dramatically boost interest rates, the damage from plummeting oil prices and Western sanctions over Russia’s action in Ukraine.
The alarming 10 per cent drop in the ruble over the past two days has amplified the economic turmoil in Russia. Investors fear that Russia may default on its foreign debt obligations — a move that would inflict hundreds of billions in losses on lenders abroad.
Some analysts also worry that tensions will further escalate between Russia and the United States and its European allies that imposed the sanctions. The White House upped the pressure Tuesday when President Barack Obama committed to approving additional sanctions.
Few see President Vladimir Putin as backing down…
With economies in Europe, Japan, China and Latin America already ailing, fresh threats have emerged from Russia’s shrivelled currency, its move to dramatically boost interest rates, the damage from plummeting oil prices and Western sanctions over Russia’s action in Ukraine.
The alarming 10 per cent drop in the ruble over the past two days has amplified the economic turmoil in Russia. Investors fear that Russia may default on its foreign debt obligations — a move that would inflict hundreds of billions in losses on lenders abroad.
Some analysts also worry that tensions will further escalate between Russia and the United States and its European allies that imposed the sanctions. The White House upped the pressure Tuesday when President Barack Obama committed to approving additional sanctions.
Few see President Vladimir Putin as backing down…
Insurance you need and don’t need
– moneysense.ca
(Paper Boat Creative/Getty Images)Q: What insurance should I get besides life insurance? How do I find the right insurance?—Jizza
A: I think it’s prudent, Jizza, that you are considering your insurance needs. Ignorance is not bliss when it comes to your finances and in particular when it comes to insurance.
I find that, more often than not, the primary focus for insurance needs is life insurance. This focus seems to be that of not only consumers, but also for insurance agents. The resulting risk is that people have the wrong type or amount of coverage or certain types of insurance are outright overlooked.
There is something about the severity of life insurance that makes it seem so important. It’s literally a life or death financial product. Almost anyone who has group benefits has life insurance coverage. And life insurance is definitely the most common policy I see purchased by clients separately from their group coverage.
Disability insurance
I find disability insurance is frequently overlooked when people consider their insurance needs…
