The Canadian dollar closed slightly lower versus the U.S. dollar on Friday in a lackluster session that capped a losing week in which weak retail sales data and a Bank of Canada rate cut rattled the currency.
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Research in Motion shares fell about 4% on Friday after a Fortune.com story said that a high-speed wireless version of its BlackBerry smartphone for top U.S. phone company AT&T is facing delays.
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The main TSX index drove higher Friday, helped by oil and other resource companies as crude prices surged amid supply disruptions and geopolitical tension.
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The resilient Canadian market is headed for a correction, as commodities slide and the few heavyweight stocks that have propelled the TSX’s gains wilt under the pressure, says National Bank Financial.
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Investors have overwhelmingly approved a plan to restructure Canada’s $32-billion nonbank asset-backed commercial paper (ABCP) market, marking a key step in the marathon effort to revive this part of the domestic credit market.
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If you were a star gazer as a kid, you should’ve stuck with it, because you could be making six figures doing what you love right now.
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Miami-area home sellers looking to unload their properties might want to make sure they have comfortable couches. It looks like they’re going to be there a while.
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What would you do if you won a few million dollars? Buy a Greek Island? Take one-day shopping trips to New York City? Play polo?
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Financial Post Legal Post Editor Jim Middlemiss spent 18 days
in India this month, exploring the outsourcing phenomenon. He
travelled by plane, car, truck — and once by elephant — and
returned with some tips on how best to get around the fast-growing
country
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Viet Nam first quarter rice exports to rise 11.6% — govtInquirer.net, Philippines - Apr 25, 2008Rice prices, which hit records in Asia and triggered protests in Africa and Haiti, have also risen 68 percent in Viet Nam since last April to around 5000 …
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