The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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Canadians hoping to see Greece for a song aren’t likely to find cheap flights to the cash-strapped country just yet. Agents say there’s little room to bargain during peak season. But that could change, quickly.
Malaysia’s embattled leader faces fresh blow as wife also probed over large cash deposits
– canadianbusiness.com
KUALA LUMPUR, Malaysia – Malaysian authorities investigating Prime Minister Najib Razak said they are also looking into allegations that 2 million ringgit ($529,000) was deposited into the accounts of his wife earlier this year.
The allegation against Rosmah Mansor is another blow to Najib, who is being investigated on suspicion that hundreds of millions of dollars from state investment fund 1MDB ended up in his personal accounts.
The Sarawak Report website said Thursday that investigations into 1MDB showed the money was deposited into Rosmah’s account in a local bank in eight transactions earlier this year. It didn’t say whether the money came from 1MDB.
Attorney-General Abdul Gani Patail said Friday the task force is aware of the allegation against Rosmah even before it was reported and that an investigation is underway.
Rosmah’s lawyers slammed the news report as “menacing and false.”
The account belongs to Rosmah but she didn’t take any money from 1MDB, Noorhajran Mohd Noor Advocates and Solicitors said in a statement…
The allegation against Rosmah Mansor is another blow to Najib, who is being investigated on suspicion that hundreds of millions of dollars from state investment fund 1MDB ended up in his personal accounts.
The Sarawak Report website said Thursday that investigations into 1MDB showed the money was deposited into Rosmah’s account in a local bank in eight transactions earlier this year. It didn’t say whether the money came from 1MDB.
Attorney-General Abdul Gani Patail said Friday the task force is aware of the allegation against Rosmah even before it was reported and that an investigation is underway.
Rosmah’s lawyers slammed the news report as “menacing and false.”
The account belongs to Rosmah but she didn’t take any money from 1MDB, Noorhajran Mohd Noor Advocates and Solicitors said in a statement…
Why you should steer clear of China and Russia’s volatile stock markets
– theglobeandmail.com
If we view modern China as a public company and its stock market as its share price, it becomes clear why this price is crashing: ‘Management’ (Chinese authorities) just issued a new set of rules taking away too many of shareholders’ rights, so the shareholders are selling
The Latest: France’s Sapin says Greek government has a lot of persuading to do
– canadianbusiness.com
BRUSSELS – The latest from Greece’s financial crisis (all times local):
___
3:35 p.m.
French Finance Minister Michel Sapin said he would continue to play the mediating role at the meeting of the eurozone’s 19 finance ministers, in line with recent efforts by the country.
He conceded that the Greek government had a lot of persuading to do following a marked deterioration in relations with international creditors.
Sapin said the whole eurogroup needs to be convinced that the economic reform proposals the Greek government has made in order to get its hands on a three-year bailout will actually be enacted.
Sapin said Greece’s European partners want to hear the nitty-gritty: “How are you going to do it? At what moment are you doing to do it? At what tempo are you going to do it.”
Providing answers to those questions, will help drive confidence, Sapin said.
___
3:15 p.m.
Jeroen Dijsselbloem, the eurozone’s top official, is the latest in a long line of Greece’s creditors to publicly bemoan the lack of trust with the Greek government as crunch bailout discussion begin…
___
3:35 p.m.
French Finance Minister Michel Sapin said he would continue to play the mediating role at the meeting of the eurozone’s 19 finance ministers, in line with recent efforts by the country.
He conceded that the Greek government had a lot of persuading to do following a marked deterioration in relations with international creditors.
Sapin said the whole eurogroup needs to be convinced that the economic reform proposals the Greek government has made in order to get its hands on a three-year bailout will actually be enacted.
Sapin said Greece’s European partners want to hear the nitty-gritty: “How are you going to do it? At what moment are you doing to do it? At what tempo are you going to do it.”
Providing answers to those questions, will help drive confidence, Sapin said.
___
3:15 p.m.
Jeroen Dijsselbloem, the eurozone’s top official, is the latest in a long line of Greece’s creditors to publicly bemoan the lack of trust with the Greek government as crunch bailout discussion begin…
