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Asian stocks down after US inflation fuels rate hike fears
BEIJING (AP) — Asian stock markets rose Thursday despite a record-setting U.S. inflation report that pointed to more possible interest rate hikes that investors worry will chill economic growth. U.S. futures edged lower while oil prices advanced.
Jul 14, 2022 12:08 AM
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Cogeco Communications Q3 profit increases five per cent to $100.3 million
MONTREAL — Cogeco Communications Inc. says its net profit in the third quarter increased five per cent to $100.3 million on a boost in revenues. The Montreal-based company says profit attributable to shareholders was the equivalent of $2.
Jul 13, 2022 6:40 PM
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Panasonic selects Kansas for vehicle battery mega-factory
TOPEKA, Kan. (AP) — Japan’s Panasonic Corp. selected Kansas as the location for a multibillion-dollar mega-factory to produce electric vehicle batteries for Tesla and other carmakers, Gov. Laura Kelly announced Wednesday.
Jul 13, 2022 6:27 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (18,615.19, down 63.45 points.) Toronto-Dominion Bank (TSX:TD). Financials. Down 99 cents, or 1.2 per cent, to $79.84 on 9.
Jul 13, 2022 5:25 PM
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S&P/TSX composite bounces back from morning low after supersized rate hike
TORONTO — North American stock markets partially bounced back from disappointing news Wednesday of a supersized interest rate by the Bank of Canada and hotter than expected U.S. inflation numbers.
Jul 13, 2022 4:43 PM
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How the Bank of Canada's rate hike will impact mortgages, loans and spending
TORONTO — The Bank of Canada increased its key interest rate by one percentage point Wednesday in the largest hike the country has seen in 24 years.
Jul 13, 2022 4:13 PM
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Sri Lanka in crisis: President flees and ire turns to PM
COLOMBO, Sri Lanka (AP) — Sri Lanka’s president fled the country Wednesday, plunging a nation already reeling from economic chaos into more political turmoil .
Jul 13, 2022 3:58 PM
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Canadian food suppliers signal more price hikes coming to grocery stores this fall
Canadian food suppliers are once again issuing notices to grocery retailers informing them of upcoming price hikes.
Jul 13, 2022 3:48 PM
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Bank of Canada targets inflation expectations with full percentage point rate hike
OTTAWA — The Bank of Canada signaled a more aggressive approach to bringing skyrocketing inflation back under control as it hiked its key interest rate by a full percentage point on Wednesday, marking the largest single rate increase since August 199
Jul 13, 2022 3:43 PM
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US inflation surges again in June, raising risks for economy
WASHINGTON (AP) — U.S.
Jul 13, 2022 3:30 PM
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