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Top 10 most expensive homes in Metro Vancouver (PHOTOS) - Daily Hive + MORE Jan 2nd
Top 10 most expensive homes in Metro Vancouver (PHOTOS) Daily HiveIt should be no surprise that Metro Vancouver's most valuable residential real estate is located in the Westside area of the city of Vancouver, but here is a ...View full coverage on Google News.... More »
Why Central Bankers Missed the Crisis + MORE Nov 17th
The lesson of 2008, a top economist says, is that monetary maestros don’t pay enough attention to financial markets. Are they making the same mistake again?.... More »
Toronto condo developers head directly to China to court buyers + MORE Sep 9th
Some developers and real estate brokers see it as an expanding market with great potential, but others warn of pitfalls
.... More »
Credit Suisse reports big loss amid sour market conditions + MORE May 10th
GENEVA – Swiss bank Credit Suisse reported Tuesday a loss of 302 million Swiss francs ($310 million) for the first quarter, when market volatility discouraged client activity, while pressing apace with planned staff reductions.
The loss compared with a profit of 1.05 billion francs a year earl.... More »
Government formally apologizes to Omar Khadr, as Andrew Scheer condemns 'disgusting' payout - CBC.ca + MORE Jul 7th
CBC.caGovernment formally apologizes to Omar Khadr, as Andrew Scheer condemns 'disgusting' payoutCBC.caThe federal government has formally apologized to former Guantanamo Bay prisoner Omar Khadr, confirming Friday a financial settlement has been reached to end ongoing legal action. "O.... More »
Japan growth in Oct-Dec quarter revised down to 1.5 pct, but still affirms end to recession
– canadianbusiness.com
TOKYO – Japan economy escaped recession but grew less than earlier estimated as demand and wages remained weak, the government said Monday.
The world’s third-largest economy is still recovering from the blow to consumer and business spending from a sales tax hike on April 1, 2014. Purchases plunged after surging to beat that increase.
The revision puts inflation-adjusted growth for the year flat at exactly 0.0 per cent, compared with 1.6 per cent in 2013 and 1.8 per cent in 2012.
The government earlier reported that the economy grew at a 2.2 per cent annual rate in the final quarter of 2014 after contracting 6.4 per cent in April-June and 2.6 per cent in July-September.
Monday’s revision reflects downward inventory adjustments, lower private demand and flat-lining corporate and residential investment. It also showed a slight drop in incomes.
More recent data have shown a recovery in exports and increased orders of machinery — vital drivers for growth, and both the government and central bank say the economy is still in the midst of a moderate recovery…
The world’s third-largest economy is still recovering from the blow to consumer and business spending from a sales tax hike on April 1, 2014. Purchases plunged after surging to beat that increase.
The revision puts inflation-adjusted growth for the year flat at exactly 0.0 per cent, compared with 1.6 per cent in 2013 and 1.8 per cent in 2012.
The government earlier reported that the economy grew at a 2.2 per cent annual rate in the final quarter of 2014 after contracting 6.4 per cent in April-June and 2.6 per cent in July-September.
Monday’s revision reflects downward inventory adjustments, lower private demand and flat-lining corporate and residential investment. It also showed a slight drop in incomes.
More recent data have shown a recovery in exports and increased orders of machinery — vital drivers for growth, and both the government and central bank say the economy is still in the midst of a moderate recovery…
Asian stocks fall after strong US jobs data sparks concern Fed might move up rate rise
– canadianbusiness.com
BEIJING, China – Asian stock markets fell Monday after strong U.S. jobs data increased chances that the Federal Reserve will raise interest rates sooner.
KEEPING SCORE: The Shanghai Composite Index lost 1.1 per cent to 3,206.31 and Tokyo’s Nikkei 225 shed 0.7 per cent to 18,828.94. Hong Kong’s Hang Seng lost 0.7 per cent to 24,000.70 and Seoul’s Kospi declined 0.5 per cent to 2,002.00. Sydney, Singapore, New Zealand and Taiwan also fell. On Friday, the prospect of higher interest rates sent U.S. stocks tumbling.
JOBS JUMP: Strong U.S. employment growth in February was good news for workers but alarmed investors who worried a rate hike, previously not expected until as late as October, might happen as early as June. The Fed has held interest rates close to zero for more than six years to stimulate growth following the 2008 global crisis. But Friday’s announcement that employers added 295,000 jobs last month, which was far above expectations of about 235,000, fueled expectations unemployment would fall further and inflation might pick up…
KEEPING SCORE: The Shanghai Composite Index lost 1.1 per cent to 3,206.31 and Tokyo’s Nikkei 225 shed 0.7 per cent to 18,828.94. Hong Kong’s Hang Seng lost 0.7 per cent to 24,000.70 and Seoul’s Kospi declined 0.5 per cent to 2,002.00. Sydney, Singapore, New Zealand and Taiwan also fell. On Friday, the prospect of higher interest rates sent U.S. stocks tumbling.
JOBS JUMP: Strong U.S. employment growth in February was good news for workers but alarmed investors who worried a rate hike, previously not expected until as late as October, might happen as early as June. The Fed has held interest rates close to zero for more than six years to stimulate growth following the 2008 global crisis. But Friday’s announcement that employers added 295,000 jobs last month, which was far above expectations of about 235,000, fueled expectations unemployment would fall further and inflation might pick up…
