The antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Friday as Asian stock markets traded lower, amid concerns over the re-escalation of the Middle East conflict after ship attacks and seizures near the Strait of Hormuz....
The U.S. dollar strengthened against other major currencies in the Asian session on Friday. The U.S. dollar rose to near 1-1/2-month highs of 1.1643 against the euro and 1.3352 against the pound, from yesterday's closing quotes of 1.1662 and 1.3390, respectively. Against the yen and the Swiss...
The Australian dollar weakened against other major currencies in the Asian session on Friday. The Australian dollar fell to 3-day lows of 1.6248 against the euro and 113.65 against the yen, from yesterday's closing quotes of 1.6166 and 114.26, respectively. Against the U.S. and the Canadian dollars,...
Canadian stocks edged higher on Thursday as signals of Chinese intervention for the resolution to the Strait of Hormuz crisis emerge in the backdrop of a U.S.-China summit while the strait remains blocked for oil and energy transit.
The Canadian market remains firmly up in positive territory Thursday afternoon, with stocks from across several sectors positing strong gains. Optimism surrounding the Beijing Summit and enthusiasm for AI and technology contribute to the positive mood in the market.
The FIFA World Cup opening ceremonies are set to feature performances by Katy Perry, Alanis Morissette, Tyla and more.
Brookfield Wealth Solutions (BNT, BNT.TO) said it recorded a net loss of $602 million for the first quarter, compared to a net loss of $282 million in the prior year period. The net loss was driven by unfavorable mark-to-market movements on public equity investment positions which have recovered since...
Higher Canadian and U.S. futures point to a positive start on Bay Street Thursday morning. Weak commodity prices may weigh a bit, but the focus will largely be on U.S.-China summit, and news about Middle East conflict.
Thursday, BCE Inc. (BCE) announced that Bell Canada has announced the latest development and construction partners for Bell AI Fabric's 300 MW data centre in the Rural Municipality of Sherwood, Saskatchewan, and confirmed a long-term partnership with Bird Construction Inc. to support a multi-year, Canada-wide...
Brookfield Corporation (BN), a multi asset management company, Thursday reported higher earnings and revenue for the first quarter compared to the same period last year. Quarterly earnings increased to $102 million or $0.03 per share from $73 million or $0.01 per share of last year. Revenue rose...
Canadian Solar Inc. (CSIQ) reported Thursday narrower net loss in its first quarter, while loss per share widened from last year with higher share count, amid weak revenues. Further, the firm announced the appointment of Colin Parkin as Chief Executive Officer, effective May 14. Parkin, who previously...
Partially offsetting the gains from two previous sessions, Canadian stocks moved lower on Wednesday after the U.S. and Iran turn down each other's peace proposals, leaving the Strait of Hormuz still shut, thereby increasing oil prices.
The Canadian market is down firmly in negative territory Wednesday afternoon, hurt by losses in technology, consumer discretionary and industrials sectors. The mood in the market is quite cautious amid concerns about inflation and economic slowdown due to the ongoing conflict in the Middle East.
Constellation Software Inc. (CSU.TO) reported a significant increase in first-quarter profit, driven primarily by higher revenue. Net income attributable to shareholders rose to $367 million $17.32 per share for the first quarter from $136 million or $6.41 per share in the same quarter a year ago. Revenue...
Canadian shares are likely to open on a mixed note on Wednesday with investors tracking the trend in commodity markets and reacting to corporate earnings updates.
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.