Electra Battery Materials Corp. (ELBM), Wednesday announced Chief Financial Officer Marty Rendall's decision to resign from the position to pursue an executive opportunity with a larger organization. However, Rendall will remain with Electra through February to support a smooth transition. The company...
The Canadian market is likely to open higher on Wednesday as energy and materials stocks look headed for more upside, tracking higher oil and bullion prices. Tech stocks may face pressure with Anthropic's new legal tools for its Cowork product prompting investors worldwide to cut exposure to traditional IT services.
NEO Battery Materials Ltd. (NBM.V) on Wednesday said its subsidiary NBM Korea Co. has partnered with Korea Zinc Co., Ltd.(010130.KS) and Taesung Co., Ltd. to develop and commercialize composite copper current collector (foil) technology for high-performance batteries. The collaboration aims to advance...
The Japanese yen weakened against other major currencies in the Asian session on Wednesday, due to political unpredictability and fiscal worries. The BoJ's hawkish stance and concerns about intervention may prevent the JPY bears from making new bets. A major contributing element to the JPY's weakness...
The Japanese yen weakened against other major currencies in the Asian session on Wednesday. The yen depreciated to a record low of 201.78 against the Swiss franc, from yesterday's closing value of 200.18. Against the euro, the pound and the U.S. dollar, the yen slid to near 2-week lows of 185.06,...
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday. The Australian dollar rose to a 36-year high of 109.95 against the yen, from yesterday's closing value of 109.38. The aussie advanced to 1.6807 against the euro, from Tuesday's closing value of...
Adding onto yesterday's gains, Canadian stocks climbed on Tuesday, with a recovery in gold and crude oil lifting mining and energy shares, which supported the index on the upside. However, a slump in the tech sector limited the gains.
After a firm start and a subsequent good move up north, the Canadian market pared some gains on Tuesday with technology stocks sliding down on heavy selling. Materials stocks gained in strength as precious metals prices climbed higher.
HPQ Silicon Inc. (HPQ.V, HPQFF) announced on Tuesday that it has increased its equity interest in Novacium SAS by an additional 8.4%, raising its ownership from 28.4% to 36.8%. The transaction, which is at arm's length, is being carried out in accordance with the terms of the agreement entered into...
Canadian stocks look headed for a positive start Tuesday morning as shares from energy and materials sectors are likely to see some brisk buying thanks to rising commodity prices.
Colliers International Group Inc. (CIGI), a professional services and investment management company, Tuesday announced that it has agreed to acquire Ayesa Engineering S.A.U., the engineering unit of Spanish company, Ayesa Inversiones S.L.U. for around $700 million in cash. As per the company, this...
The Australian dollar strengthened against other major currencies in the Asian session on Tuesday, after the Reserve Bank of Australia raised its benchmark rate for the first time since November 2023 as inflation picked up materially. The policy board governed by Michele Bullock decided to lift the...
The Australian dollar strengthened against other major currencies in the Asian session on Tuesday. The Australian dollar rose to a 1-1/2-year high of 109.35 against the yen, nearly a 1-year high of 1.6797 against the euro and nearly a 5-year high of 0.9605 against the Canadian dollar, from yesterday's...
Rebounding from Friday's losses, Canadian stocks moved higher on Monday after market sentiments were boosted following the release of stronger-than-expected Purchasing Managers' Index data that showed expansion in the manufacturing sector.
Eldorado Gold Corporation (EGO) shares slid 10.74%, trading at $38.31, down $4.61, after the company announced it will acquire Foran Mining Corporation in a C$3.8 billion, approximately $2.8 billion deal to form a leading diversified gold-copper producer. The merger agreement will combine Eldorado's...
January 30, 2026 15:51 ET The Federal Reserve policy decision was the main event in the final week of January, which saw a heavy flow of economics news. Several data reflecting the trends in the U.S. economy were also released during the week. The interest rate decision from Canada also was in focus. In Europe, economic sentiment data gained attention. The policy decision from Singapore was the highlight in Asia.