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Converting mutual funds: The benefits, the risks and the costs Jan 25th
My wife and I have been educating ourselves on the merits of ETF vs traditional mutual funds after deciding to make a switch from our personal financial advisor. We were late starters in saving and we have another 15- to 20-year investment horizon ahead of us before retirement stares at us.
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Why Reuters investors are cool to Blackstone deal + MORE Feb 2nd
Once Reuters revealed details of its plan to sell a 55-per- cent stake in its financial- and risk-data business to a consortium led by Blackstone Group, investors became troubled
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More documents from Panama Papers law firm leak out, exposing its panic + MORE Jun 20th
More private documents from the Panamanian law firm at the centre of one of the biggest-ever leaks of financial records have been exposed, showing how enraged its clients were, global media outlets are revealing today..... More »
23 ‘genius’ grants announced by MacArthur foundation + MORE Sep 22nd
NEW YORK, N.Y. – Gene Luen Yang, a prize-winning author and the national ambassador for young people’s literature, and Claudia Rankine, one of poetry’s brightest and most innovative stars, are among this year’s 23 MacArthur fellows and recipients of the so-called “geniu.... More »
Cool Purchases To Make For Yourself + MORE Sep 29th
Many businesses divide their target audience into groups to better suit specific customer’s needs. This division is typically done in segments, being demographic, geographic, behavioral, and psychographic segmentation. All this is done in the hopes of improving products and services that customers.... More »
Office, retail real estate sectors settling in for tough 2016
– theglobeandmail.com
Slumping demand, glut of supply and tumultuous oil prices creating jitters throughout Canada’s real estate industry
Corus calls shareholder’s claims about Shaw deal ‘deeply misleading’
– theglobeandmail.com
Catalyst Capital Group says Corus is overpaying for Shaw’s media assets by an estimated $400-million to $600-million
Hong Kong finance chief says political turmoil hurts economy
– canadianbusiness.com
HONG KONG – Hong Kong’s financial chief is warning that rising political turmoil could hurt economic growth in the southern Chinese business hub.
John Tsang said in his annual budget speech Wednesday that “acute social conflicts will add uncertainties to the already adverse economic environment” in Hong Kong.
He said he was “shocked” by a riot during the Lunar New Year holiday earlier this month. Police have arrested 72 people in connection with the clash with holiday food vendors.
Tsang said the city’s economy expanded 2.4 per cent last year, its fourth straight year of below-average growth, weighed down by the weak global conditions and rocky financial markets.
He forecast that Hong Kong’s economy would grow 1-2 per cent in 2016.
The post Hong Kong finance chief says political turmoil hurts economy appeared first on Canadian Business – Your Source For Business News.
John Tsang said in his annual budget speech Wednesday that “acute social conflicts will add uncertainties to the already adverse economic environment” in Hong Kong.
He said he was “shocked” by a riot during the Lunar New Year holiday earlier this month. Police have arrested 72 people in connection with the clash with holiday food vendors.
Tsang said the city’s economy expanded 2.4 per cent last year, its fourth straight year of below-average growth, weighed down by the weak global conditions and rocky financial markets.
He forecast that Hong Kong’s economy would grow 1-2 per cent in 2016.
The post Hong Kong finance chief says political turmoil hurts economy appeared first on Canadian Business – Your Source For Business News.
Deutsche Boerse deal last piece in LSE’s diversification game
– theglobeandmail.com
Investors have rewarded the London Stock Exchange Group for its aggressive and bold diversification plan
Bank of Canada names Montrealer Sylvain Leduc as new deputy governor
– canadianbusiness.com
OTTAWA – The Bank of Canada has appointed Sylvain Leduc to fill one of its four deputy governor positions.
The central bank says Leduc will start in his new role in May.
The position has been vacant since Agathe Cote retired last month.
The bank says Leduc will join the governing council — which is responsible for decisions such as monetary policy and financial system stability.
The Montreal-born Leduc is a vice-president at the Federal Reserve Bank of San Francisco.
In a statement, Bank of Canada governor Stephen Poloz says Leduc brings central banking experience and deep understanding of the international monetary system to his new position.
The post Bank of Canada names Montrealer Sylvain Leduc as new deputy governor appeared first on Canadian Business – Your Source For Business News.
The central bank says Leduc will start in his new role in May.
The position has been vacant since Agathe Cote retired last month.
The bank says Leduc will join the governing council — which is responsible for decisions such as monetary policy and financial system stability.
The Montreal-born Leduc is a vice-president at the Federal Reserve Bank of San Francisco.
In a statement, Bank of Canada governor Stephen Poloz says Leduc brings central banking experience and deep understanding of the international monetary system to his new position.
The post Bank of Canada names Montrealer Sylvain Leduc as new deputy governor appeared first on Canadian Business – Your Source For Business News.
