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Apple Decreasing Production for iPhone 14 Plus, Report Says - CNET Oct 19th
Apple Decreasing Production for iPhone 14 Plus, Report Says CNETApple takes a hit on report it plans to cut production on iPhone 14 Plus CNBC TelevisionApple cuts iPhone 14+ production less than 2 weeks after debut ForexLiveApple reportedly cuts production figures on.... More »
The best credit cards in Canada for 2023 Oct 25th
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The best credit cards in Canada for 2023
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For those hoping to be homeowners and parents, compromise is key + MORE Sep 26th
Children bring extra costs that must be considered when scouring the red-hot real estate market..... More »
Tesla drops another 6% in premarket, bringing two-day losses to 14% - CNBC Feb 23rd
Tesla drops another 6% in premarket, bringing two-day losses to 14% CNBCElon Musk loses US$15 billion in a day after bitcoin warning BNNWhy The Tesla Stock Is Falling Torque NewsElon Musk is the Bitcoin-buying hypocrite we deserve Nikkei AsiaElon Musk's br.... More »
For a child’s dreams, are parents going for gold, or broke? + MORE Aug 1st
The Olympics spark hope in many a child of going for the gold. But in financially supporting those dreams, some parents are going for broke.
For his 15-year old son’s travel hockey team, Tim Richmeier was spending about $5,000 a season: using his tax refunds, halting contributions to his 401(k.... More »
Should you invest in an RRSP or a TFSA?
– canoe.ca
In a perfect world, people would have enough money to top up both their RRSP and TFSA accounts. But that’s probably not the case.
B.C. set to deliver fourth straight balanced budget
– canadianbusiness.com
VICTORIA – British Columbia’s Liberal government is set to deliver a fourth consecutive balanced budget Tuesday with sprinkles of relief expected for first-time home buyers trying to get into a red hot real estate market.
Tweaks were also signalled on medical services premiums and more cash promised for social service programs in a throne speech last week that said the government will “resist the temptation to spend our way into trouble.”
Premier Christy Clark said the budget targets affordability on several fronts, but the measures will be incremental.
“The budget, what you’ll see, is relief across the board for people in all different sectors,” she told reporters last week in Vancouver.
Clark said the government has already moved to help single-parent families with cuts to their medical premiums, but a massive overhaul or elimination of the program — called for by the Opposition New Democrats and the Green party — is not in the cards, yet…
Tweaks were also signalled on medical services premiums and more cash promised for social service programs in a throne speech last week that said the government will “resist the temptation to spend our way into trouble.”
Premier Christy Clark said the budget targets affordability on several fronts, but the measures will be incremental.
“The budget, what you’ll see, is relief across the board for people in all different sectors,” she told reporters last week in Vancouver.
Clark said the government has already moved to help single-parent families with cuts to their medical premiums, but a massive overhaul or elimination of the program — called for by the Opposition New Democrats and the Green party — is not in the cards, yet…
HSBC to keep HQ in London, decides against move to Asia
– canadianbusiness.com
LONDON – Britain’s biggest bank is staying put.
HSBC Holdings plc said it will keep its headquarters in London, ending a 10-month process in which one of the world’s largest financial companies considered moving to Hong Kong to get closer to its centre of gravity in fast-growing Asian economies.
“I think we’ve ended up with the best of both worlds,” HSBC chairman Douglas Flint told the BBC on Monday. “A pivot to Asia, led from London.”
Flint said that HSBC was, at its heart, a bank focused on trade and investment flows. Sidestepping concerns about the recent volatility in Asian markets, Flint said it had been a privilege to choose between two of the world’s great financial centres and that the decision was not based on short-term market dynamics.
“The U.K. is one of the most globally connected economies in the world with a fantastic regulatory system and legal system and immense experience in dealing with international affairs,” he said…
HSBC Holdings plc said it will keep its headquarters in London, ending a 10-month process in which one of the world’s largest financial companies considered moving to Hong Kong to get closer to its centre of gravity in fast-growing Asian economies.
“I think we’ve ended up with the best of both worlds,” HSBC chairman Douglas Flint told the BBC on Monday. “A pivot to Asia, led from London.”
Flint said that HSBC was, at its heart, a bank focused on trade and investment flows. Sidestepping concerns about the recent volatility in Asian markets, Flint said it had been a privilege to choose between two of the world’s great financial centres and that the decision was not based on short-term market dynamics.
“The U.K. is one of the most globally connected economies in the world with a fantastic regulatory system and legal system and immense experience in dealing with international affairs,” he said…
The Latest: Gold loses its shine as stocks surge
– canadianbusiness.com
LONDON – The latest on the turmoil in global financial markets (all times local):
10:45 a.m.
Gold has lost some of its recent shine as stocks have piled on gains.
That’s not an unusual development. Gold has surged in recent weeks as stock markets around the world have fallen sharply on concerns over the state of the global economy. Gold is widely considered the ultimate safe haven for investors to park their cash in times of volatility.
On Monday, as stocks surged, gold was down 2.4 per cent at $1,209 an ounce.
___
9:50 a.m.
Hopes that the fall in the Chinese currency may have run its course have helped stock markets around the world start the week on a positive note.
The main reason behind the volatility in financial markets this year has been uncertainty over the economic future of China, the world’s number 2 economy. One of the triggers behind that uncertainty centred on China’s currency, which has been weakening steadily over months.
People’s Bank of China Governor Zhou Xiaochuan appears to be trying to ease that pressure…
10:45 a.m.
Gold has lost some of its recent shine as stocks have piled on gains.
That’s not an unusual development. Gold has surged in recent weeks as stock markets around the world have fallen sharply on concerns over the state of the global economy. Gold is widely considered the ultimate safe haven for investors to park their cash in times of volatility.
On Monday, as stocks surged, gold was down 2.4 per cent at $1,209 an ounce.
___
9:50 a.m.
Hopes that the fall in the Chinese currency may have run its course have helped stock markets around the world start the week on a positive note.
The main reason behind the volatility in financial markets this year has been uncertainty over the economic future of China, the world’s number 2 economy. One of the triggers behind that uncertainty centred on China’s currency, which has been weakening steadily over months.
People’s Bank of China Governor Zhou Xiaochuan appears to be trying to ease that pressure…
