How to go about securing the best return for your investment in Canada.
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AMC Entertainment, BlackBerry Lead Stock Markets Higher - Motley Fool + MORE Jun 2nd
AMC Entertainment, BlackBerry Lead Stock Markets Higher Motley FoolAMC CEO has gone 'all in' on investors from Reddit: 'Margins' editor Ranjan Roy CNBC TelevisionHedge Fund Flips ‘Overvalued’ AMC, and Shares Keep Surging Yahoo Canada FinanceAMC: a feature, not a .... More »
UK Labour opposition party vows to reject May's Brexit deal - Toronto Star + MORE Sep 25th
Toronto StarUK Labour opposition party vows to reject May's Brexit dealToronto StarLONDON—Britain's main opposition Labour Party announced Tuesday it will reject Conservative Prime Minister Theresa May's proposed divorce deal with the European Union when it comes to a vote in Parlia.... More »
'Bridge to nowhere' shows China's failed economic effort to engage North Korea - The Japan Times Sep 18th
The Japan Times'Bridge to nowhere' shows China's failed economic effort to engage North KoreaThe Japan TimesDANDONG, CHINA – Towering above the murky waters, the New Yalu River Bridge was supposed to symbolize a new era in relations between China and North Korea, helping bring inves.... More »
Are you a high earner with no money to spare? Follow these 5 tips to help you stop living hand to mouth and grow your long-term wealth Nov 9th
High Earners Not Rich Yet make better-than-average-incomes, but often spend everything they earn, writes Lesley-Anne Scorgie. There is a way out to grow true wealth..... More »
The ins and outs of tax and estate planning for a RRIF Apr 3rd
Q: I’m 81, single, female, with around $265,000 in a RRIF (invested in two different financial institutions, both mutual funds). My withdrawal is about $12,000 a year.
How can I minimize tax payable (by my beneficiaries) at death?
— Lydia
A: The tax savings and deferral from contributing t.... More »
Canadian National Railway CEO to have surgery for larynx tumour – The Globe and Mail
– news.google.ca
The Globe and MailCanadian National Railway CEO to have surgery for larynx tumourThe Globe and MailClaude Mongeau, chief executive officer of Canadian National Railway Co., is scheduled to have surgery on a “precancerous” tumour on his larynx, the company said on Wednesday. Chief financial officer Luc Jobin will run the leadership team while Mr.CN Rail CEO Claude Mongeau to take 3-month leave for medical treatmentCBC.caCN president taking medical leave to battle precancerous tumourCTV NewsCN president taking three-month medical leave to battle precancerous tumourMontreal GazetteReuters -Bloomberg -Financial Postall 17 news articles »
Most actively traded companies on the TSX
– canadianbusiness.com
Some of the most active companies traded Wednesday on the Toronto Stock Exchange:
Toronto Stock Exchange (14,339.53, down 75.14 points):
Yamana Gold Inc. (TSX:YRI). Miner. Up 25 cents, or 9.06 per cent, to $3.01 on 6.8 million shares.
Kinross Gold Corp. (TSX:K). Miner. Up five cents, or 1.83 per cent, to $2.78 on 5.4 million shares.
B2Gold Corp. (TSX:BTO). Miner. Up eight cents, or 4.97 per cent, to $1.69 on 5.3 million shares.
Romarco Minerals Inc. (TSX:R). Miner. Up five cents, or 9.43 per cent, to 58 cents on 4.9 million shares.
Encana Corp. (TSX:ECA). Oil and gas. Down five cents, or 0.53 per cent, to $9.45 on 4.4 million shares.
Baytex Energy Corp. (TSX:BTE). Oil and gas. Down 32 cents, or 2.96 per cent, to $10.50 on 4.3 million shares.
Companies reporting major news:
Air Canada (TSX:AC). Airline. Down 82 cents, or 6.36 per cent, to $12.08 on 3.4 million shares. Air Canada is on track to a highly profitable year after posting another record quarter as demand remains healthy despite a weakened Canadian economy…
Toronto Stock Exchange (14,339.53, down 75.14 points):
Yamana Gold Inc. (TSX:YRI). Miner. Up 25 cents, or 9.06 per cent, to $3.01 on 6.8 million shares.
Kinross Gold Corp. (TSX:K). Miner. Up five cents, or 1.83 per cent, to $2.78 on 5.4 million shares.
B2Gold Corp. (TSX:BTO). Miner. Up eight cents, or 4.97 per cent, to $1.69 on 5.3 million shares.
Romarco Minerals Inc. (TSX:R). Miner. Up five cents, or 9.43 per cent, to 58 cents on 4.9 million shares.
Encana Corp. (TSX:ECA). Oil and gas. Down five cents, or 0.53 per cent, to $9.45 on 4.4 million shares.
Baytex Energy Corp. (TSX:BTE). Oil and gas. Down 32 cents, or 2.96 per cent, to $10.50 on 4.3 million shares.
Companies reporting major news:
Air Canada (TSX:AC). Airline. Down 82 cents, or 6.36 per cent, to $12.08 on 3.4 million shares. Air Canada is on track to a highly profitable year after posting another record quarter as demand remains healthy despite a weakened Canadian economy…
Asian shares firm as investors await yuan fixing – Reuters Canada
– news.google.ca
Financial ExpressAsian shares firm as investors await yuan fixingReuters CanadaTOKYO (Reuters) – Asian shares and the dollar crept higher in early trade on Thursday, with investors cautiously watching China's next move after it allowed the yuan to decline for two straight sessions. MSCI's broadest index of Asia-Pacific shares …China's yuan move puts global image at stakeWashington PostChinese stock market: Expect more shocks says Red Capitalism author Fraser HowieSydney Morning HeraldSix things you need to know to understand the yuanThe Australian Financial ReviewFinancial Times -ABC Online -Reutersall 5,096 news articles »
Business Highlights
– canadianbusiness.com
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As Chinese yuan falls more, some see little cause for alarm
WASHINGTON (AP) — A free-falling Chinese currency could make China’s goods cheaper for foreigners, squeeze Western companies, discourage Chinese tourism, increase China’s exports and complicate the Federal Reserve’s decision on whether to raise American interest rates.
If the yuan keeps falling, that is.
The Chinese currency sank again Wednesday, a day after Beijing engineered the biggest one-day decline in the yuan in a decade.
___
No easy formula for best time to book airline tickets
Travellers dream of the perfect trick to find the cheapest airfare every time, every trip.
There are theories, some of them backed up by real number-crunching — shop on a Tuesday, 57 days before your flight. But using a tidy formula to find the cheapest fare may be as futile as trying to time the stock market.
Airlines Reporting Corp., which handles tickets sold through travel agents, pinpointed Day 57 as when you’ll find the cheapest average domestic fares…
As Chinese yuan falls more, some see little cause for alarm
WASHINGTON (AP) — A free-falling Chinese currency could make China’s goods cheaper for foreigners, squeeze Western companies, discourage Chinese tourism, increase China’s exports and complicate the Federal Reserve’s decision on whether to raise American interest rates.
If the yuan keeps falling, that is.
The Chinese currency sank again Wednesday, a day after Beijing engineered the biggest one-day decline in the yuan in a decade.
___
No easy formula for best time to book airline tickets
Travellers dream of the perfect trick to find the cheapest airfare every time, every trip.
There are theories, some of them backed up by real number-crunching — shop on a Tuesday, 57 days before your flight. But using a tidy formula to find the cheapest fare may be as futile as trying to time the stock market.
Airlines Reporting Corp., which handles tickets sold through travel agents, pinpointed Day 57 as when you’ll find the cheapest average domestic fares…
Q&A: Why investors are rattled by China’s yuan devaluation
– canadianbusiness.com
WASHINGTON – The slide continues.
China’s currency fell further Wednesday, keeping global investors on edge. The yuan slid 1.6 per cent on top of a 1.9 per cent drop engineered Tuesday by the Chinese government. The currency’s nosedive is giving investors plenty to worry about:
The risk the Chinese economy, the world’s second-biggest, is weakening even faster than expected.
The threat that a cheaper yuan poses to exports and economic growth in other countries.
The possibility that China’s move will trigger a beggar-thy-neighbour currency war.
And the prospect that it will force the Federal Reserve to rethink a widely expected U.S. interest rate hike this year — a possibility that creates uncertainties for financial markets.
—HOW DID THIS START?
In a surprise move, China devalued the yuan on Tuesday. Beijing doesn’t let buying and selling in financial markets set its exchange rate the way the United States and other developed countries do. Instead, it links the yuan’s value to a basket of currencies…
China’s currency fell further Wednesday, keeping global investors on edge. The yuan slid 1.6 per cent on top of a 1.9 per cent drop engineered Tuesday by the Chinese government. The currency’s nosedive is giving investors plenty to worry about:
The risk the Chinese economy, the world’s second-biggest, is weakening even faster than expected.
The threat that a cheaper yuan poses to exports and economic growth in other countries.
The possibility that China’s move will trigger a beggar-thy-neighbour currency war.
And the prospect that it will force the Federal Reserve to rethink a widely expected U.S. interest rate hike this year — a possibility that creates uncertainties for financial markets.
—HOW DID THIS START?
In a surprise move, China devalued the yuan on Tuesday. Beijing doesn’t let buying and selling in financial markets set its exchange rate the way the United States and other developed countries do. Instead, it links the yuan’s value to a basket of currencies…
