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New York judge denies Argentina’s request for delay in paying $1.65 billion to US hedge funds + MORE Jun 26th
NEW YORK, N.Y. – A New York judge has denied Argentina’s request to extend deadlines to repay a debt to bondholders, which the country claims could lead it into a catastrophic default.
Federal Judge Thomas Griesa rejected Argentina’s request in an order Thursday.
Argentina’s .... More »
90 days - 1.80% + MORE Apr 12th
This GIC rate is offered by Oaken Financial and was updated on 2015-03-28. Click on the link above to get more details or apply online..... More »
120 days - 1.75% + MORE Aug 25th
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online..... More »
Intel's worst day in 50 years: Stock trading at levels not seen in a decade - CNBC Television Aug 2nd
Intel's worst day in 50 years: Stock trading at levels not seen in a decade CNBC TelevisionInte stock plummets most in 40 years, as company suspends dividend, cuts jobs amid restructuring Yahoo FinanceIntel's stock plunges as company cuts 15% of workforce, struggling to fund ch.... More »
Russia 'directly involved in downing of MH17': Julie Bishop - The Australian Financial Review + MORE May 25th
The Australian Financial ReviewRussia 'directly involved in downing of MH17': Julie BishopThe Australian Financial ReviewForeign Minister Julie Bishop says Russia was "directly involved" in the downing of MH17. Alex Ellinghausen. Share on Facebook · Share on twitter &middo.... More »
Toronto StarOliver to take over Finance portfolio from FlahertyThe Globe and MailNatural Resources Minister Joe Oliver, a former Bay Street investment banker, will become the federal government's new finance minister after Jim Flaherty announced his resignation from cabinet, sources said. With the loss of the long-serving Mr. Flaherty, …Jim Flaherty's departure had been signalled for months: Tim HarperToronto StarJoe Oliver to replace Flaherty as Canada's finance minister: reports660 NewsFlaherty leaving politics for private sectorHamilton SpectatorCanada.com -National Post -Businessweekall 287 news articles »
Stress Tests Won't Prevent the Next Financial Crisis
– online.wsj.com
Expected losses under invented scenarios tell us little about risk and reality.
Five dividend stocks with room to grow
– theglobeandmail.com
Looking at yields is just the starting point – risk level, valuation and other factors also come into play
Clinton says Canada has key role to play as NATO braces for more tests by Putin
– canadianbusiness.com
MONTREAL – Former U.S. secretary of state Hillary Clinton says Canada has a key role to play as NATO braces for more developments linked to the crisis between Russia and Ukraine.
Speaking in Montreal on Tuesday, Clinton said Canada and the U.S. should work together to find a smart way to prevent more conflicts or a situation that gets out of control.
“I think Canada and the United States can inject some real thoughtful analysis as to how we can deter further aggression against free people,” Clinton said during a question-and-answer period that followed her speech to the Board of Trade of Metropolitan Montreal.
“A lot of your military leaders have played significant roles and I think we have to remain closely unified in trying to think of what happens next. How will we deal with what I’m afraid we’re in for, which is a lot of probing and testing.”
Instead of “rattling sabres,” she suggested NATO proceed with its sanctions and provide timely financial and technical support to the government in Kyiv…
Speaking in Montreal on Tuesday, Clinton said Canada and the U.S. should work together to find a smart way to prevent more conflicts or a situation that gets out of control.
“I think Canada and the United States can inject some real thoughtful analysis as to how we can deter further aggression against free people,” Clinton said during a question-and-answer period that followed her speech to the Board of Trade of Metropolitan Montreal.
“A lot of your military leaders have played significant roles and I think we have to remain closely unified in trying to think of what happens next. How will we deal with what I’m afraid we’re in for, which is a lot of probing and testing.”
Instead of “rattling sabres,” she suggested NATO proceed with its sanctions and provide timely financial and technical support to the government in Kyiv…
In a sign of growing economic ties, China allows direct currency trading with New Zealand
– canadianbusiness.com
WELLINGTON, New Zealand – In another sign of growing economic ties, China on Wednesday allowed its currency to be directly traded with New Zealand’s.
New Zealand Prime Minister John Key announced the start of trading during a trip to China.
Previously, a company that needed to trade New Zealand dollars for Chinese yuan in China had to use a third currency, typically the U.S. dollar.
New Zealand allows open trading of its currency but China has strict capital controls which allow it to control the value of the yuan. It has previously allowed only five currencies to be directly traded with the yuan: the U.S. dollar, the Japanese yen, the Australian dollar, the Russian ruble and the Malaysian ringgit.
China is New Zealand’s largest export market. New Zealand in 2008 became the first developed nation to sign a free trade agreement with China.
Key said the move will make it easier for New Zealanders to do business in China and will stimulate trade and investment.
The post In a sign of growing economic ties, China allows direct currency trading with New Zealand appeared first on Canadian Business.
New Zealand Prime Minister John Key announced the start of trading during a trip to China.
Previously, a company that needed to trade New Zealand dollars for Chinese yuan in China had to use a third currency, typically the U.S. dollar.
New Zealand allows open trading of its currency but China has strict capital controls which allow it to control the value of the yuan. It has previously allowed only five currencies to be directly traded with the yuan: the U.S. dollar, the Japanese yen, the Australian dollar, the Russian ruble and the Malaysian ringgit.
China is New Zealand’s largest export market. New Zealand in 2008 became the first developed nation to sign a free trade agreement with China.
Key said the move will make it easier for New Zealanders to do business in China and will stimulate trade and investment.
The post In a sign of growing economic ties, China allows direct currency trading with New Zealand appeared first on Canadian Business.
