Category : Search result: financial markets


North Bay senior loses $250K in investment scam

A North Bay resident has fallen victim to a devastating investment fraud, losing a quarter-million dollars. Ontario Provincial Police are warning the public about sophisticated financial scams targeting Canadians.

Global Markets Retreat as Tech Stocks Decline

Global stock markets face pressure as major technology companies experience significant declines, dragging down U.S. indices and creating ripple effects across international markets.

Formosa, Ontario Prepares for Christmas Wonderland

Discover how the small village of Formosa, Ontario is preparing for its spectacular Christmas celebration featuring dazzling lights, festive markets, and community spirit that draws visitors from across the region.

China Buys Australian Canola in Trade Thaw

In a major agricultural trade breakthrough, China has purchased approximately 120,000 metric tons of Australian canola, marking a significant warming of relations between the two trading partners after years of strained ties.

AI Stock Rally Fades as Global Markets Slump

Global markets retreat as early AI-driven gains evaporate. Asian and European stocks decline while investors await key economic data and Federal Reserve signals.

TSX Slips as U.S. Markets Show Mixed Signals

Canadian stocks faced downward pressure in late morning trading while U.S. markets diverged. Discover which sectors dragged the TSX down and which U.S. indices managed gains amid ongoing economic uncertainty.

Oil Steadies as U.S. Reimposes Venezuela Sanctions

Global oil prices found stability as the U.S. reinstated sanctions on Venezuela's oil industry, creating new uncertainty in energy markets while Middle East tensions continue to simmer.

Meta's $10 Billion Bond Sale: Strategic Financing Move

Meta Platforms Inc. makes waves in corporate finance with a stunning $10 billion bond offering, signaling aggressive growth plans despite market volatility. Discover what this means for investors and the tech landscape.

Ontario Couple Loses $1M+ to Online Scammers

A retired Ontario couple fell victim to an elaborate online fraud scheme, losing their entire life savings of more than $1 million even after their bank raised red flags about the suspicious transactions.

TSX Drops 100 Points as U.S. Markets Show Strength

Canadian stocks face significant pressure as the S&P/TSX composite drops nearly 100 points while U.S. markets show surprising resilience. Discover what's driving the divergence and which sectors are feeling the heat.

Stock Picker's Strategy Delivers 245% Returns

Discover how Sterling's unconventional investment approach delivered staggering 245% returns while challenging traditional financial wisdom. Learn the secrets behind his market-beating strategy.

Bank of Canada Cuts Interest Rates to 4.75%

The Bank of Canada has made its first interest rate cut in months, lowering the overnight rate to 4.75%. Discover how this decision affects mortgages, savings, and the Canadian economy.

Boeing's 777X Program Takes $5 Billion Hit Amid Delays

Boeing faces staggering financial losses on its troubled 777X widebody jet program as certification delays push first deliveries to 2025. The aerospace giant's latest earnings reveal nearly US$5 billion in additional charges.

UBS Q3 Profit Soars, Trouncing Expectations

Swiss banking giant UBS reports blockbuster third-quarter earnings, crushing analyst forecasts as integration with Credit Suisse accelerates. Discover how strategic moves and market conditions fueled this impressive performance.

Canada Pension Plan's India Portfolio Soars to $21B

The Canada Pension Plan Investment Board's strategic investments in India are delivering massive returns, with the portfolio growing to $21 billion and outperforming expectations in one of the world's fastest-growing economies.

Russia's Oil Exports Hold Steady Despite Sanctions

Despite sweeping new Western sanctions, Russia's crude oil exports show remarkable stability. Fresh analysis of global tanker movements reveals Moscow continues to find buyers, with export volumes holding steady in early 2024.

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