logo

Canadian News

Share SHARE

The Japanese yen strengthened against the other major currencies in the early European session on Tuesday amid risk aversion, as European shares continued Asian session's losses as another batch of disappointing Chinese economic figures rekindled worries over global growth. The U.K.'s FTSE 100 index...

The U.S. dollar weakened against the other major currencies in the Asian session on Tuesday, as downbeat manufacturing data out of China intensified worries about the outlook for global growth, which could reduce the chance of Federal Reserve interest rate hike at its next meeting. Investors are worried...

The Canadian dollar drifted lower against most major rivals ahead of European deals on Tuesday. The loonie slipped to 1.3167 against the greenback, 1.4863 against the euro and 91.45 against the yen, from its early highs of 1.3123, 1.4717 and 92.29, respectively. The loonie is likely to find support...

The Australian dollar recovered from its early lows against the other major currencies in the Asian session on Tuesday, after the Reserve Bank of Australia kept its key interest rate unchanged for the fourth straight meeting. The policy board governed by Glenn Stevens decided to leave the cash rate...

The U.S. dollar weakened against the other major currencies in the Asian session on Tuesday. The U.S. dollar fell to a 5-day low of 120.58 against the yen and a 4-day low of 1.1276 against the euro, from yesterday's closing quotes of 121.21 and 1.1208, respectively. Against the pound and the...

The Australian dollar weakened against most major currencies in the Asian session on Tuesday. The Australian dollar fell to 5-day lows of 85.67 against the yen and 1.5870 against the euro, from yesterday's closing quotes of 86.21 and 1.5758, respectively. Against the New Zealand and the Canadian...

Electric and gas utility Fortis Inc (FTS.TO) on Monday said it has agreed to terms of a settlement with the Government of Belize regarding the Government's expropriation of Fortis' about 70% interest in Belize Electricity Ltd ("BEL") in June 2011. The terms of the Settlement include a one-time US$35...

Canadian Pacific Railway Ltd (CP, CP.TO) on Monday said it has received the approval of the Toronto Stock Exchange to amend its Normal Course Issuer Bid to increase the maximum number of its common shares that may be purchased for cancellation under the Bid from 9,140,000 common shares, or approximately...

General Electric (GE) on Monday said it has completed the sale of its U.S. fleet services business, representing aggregate ending net investment of about $4.4 billion, to Element Financial Corp (EFN.TO) in a transaction valued at about $5 billion. GE also said that the sale of its Mexican, Australian...

Canadian stocks snapped a four-day gain to end a tad lower on Monday, tracking declining U.S. equity markets, as investors continued to focus on China's slowing economy and on some disappointing economic news from south of the border. The Financial Times reported that the Chinese government has decided...

The Canadian stock market is trading solidly to the downside at the start of the new trading week. The pull back threatens to snap a four session winning streak for the market. A pull back in commodity prices has caused steep declines in shares of mining, gold and energy stocks Monday morning. The...

The Canadian dollar continued its selling spree against its most major opponents in New York morning deals on Monday. The loonie slipped to 1.3313 versus the greenback, its lowest since August 26, from an early high of 1.3206. The loonie weakened to 90.98 against the yen and 1.4958 against the...

The Australian dollar declined against most major rivals in European deals on Monday. The aussie fell to 4-day lows of 0.7102 versus the greenback and 0.9432 against the loonie, reversing from its early highs of 0.7162 and 0.9469, respectively. The aussie reversed from its early highs of 1.5598...

Canadian stocks may struggle to extend gains from the previous few sessions Monday morning, as falling commodities prices could weigh on resource stocks. Energy stocks soared late last week, but U.S. crude oil slipped below $45 a barrel this morning, suggested the rally may prove short-lived. On...

The euro edged down against its major rivals in European deals on Monday, erasing its early gains, as prospectus of higher U.S. rates and concerns over withdrawal of more support from the Chinese government to avert stock market turmoil pressurized European stocks. At the annual gathering in Jackson...

Follow RTT