TSX getting you down? There are always sound investment alternatives.
Latest News
What every American should know before buying a home in Canada + MORE Jul 24th
Buying a home is one of life’s biggest financial decisions, but it’s also one of the easiest places to make an expensive cross-border tax mistake. For many families, purchasing a home represents stability, permanence, and the feeling of finally putting down roots. For U.S. citizens living in.... More »
Can you survive on Canada’s government pension alone in retirement? Experts say you might be surprised + MORE May 8th
Until fairly recently, CPP replaced a quarter of your average work earnings — but it’s already providing more. We asked experts what to do if CPP and OAS will make up most of your retirement income..... More »
Paying yourself first Oct 28th
There is perhaps no single piece of financial advice more frequently repeated than “pay yourself first.” And with good reason. It’s tough to grow savings if you prioritize all your spending needs and wants ahead of putting money away. While some of us fully intend to stash whatever is left at .... More »
Iran to invite foreign companies to bidding on oil and gas Oct 16th
TEHRAN, Iran – Iran’s oil ministry website says the country will invite foreign companies on Monday to bid for oil and gas projects in Iran.
The Sunday report by Shana.ir did not say how many projects would be involved.
It will be the first time Iran offers an international tender for oi.... More »
CPPIB acquires 30-per-cent stake in BGL Group for $1.14-billion + MORE Nov 23rd
The owner of Comparethemarket.com was considering an IPO on the London Stock Exchange
.... 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…
