Daily News

Source: BNN Bloomberg November 30, 2022

U.S. stocks close off lows in run-up to Powell's speech

Stocks pared most of their losses, with traders unwilling to make big bets ahead of Jerome Powell’s speech Wednesday. Gains in energy and financial firms tempered a slide in big tech. Amazon.com Inc., which is selling investment-grade debt, saw its shares...

Source: BNN Bloomberg November 30, 2022

TSX recap: Index up 0.28% amid gains in energy

Canada's main stock index was up slightly Tuesday as gains in energy outweighed minor losses across other sectors, while U.S. markets were mixed. Sign up to get breaking news email alerts sent directly to your inbox The S&P/TSX Composite Index was...

Market Call Source: BNN Bloomberg November 30, 2022

Andrew Moffs' Top Picks: November 29, 2022

Andrew Moffs, senior vice president and portfolio manager, Vision Capital FOCUS: Real estate stocks  MARKET OUTLOOK: The speed and scale of contractionary monetary policy employed by central banks has resulted in a -61.1 per cent year-over-year dec...

Source: Financialpost November 30, 2022

Loss of HSBC Canada as competitor in mortgage space could raise costs for everyone, industry watchers say

Even with regulatory action, no guarantee bank's cut-rate mortgages will survive HSBC Canada has become a feisty competitor to Canada’s largest banks since entering the residential mortgage market in a big way in 2016, undercutting rates and ta...

Source: Financialpost November 30, 2022

Quebec plans to bar most immigrants who don't speak French

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC Quebec Premier Fr...

Source: Financialpost November 30, 2022

Where's Jack Ma? Alibaba founder discovered living in Tokyo since China's tech crackdown

Ma has largely disappeared from public view since he criticized Chinese regulators two years ago Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made thr...

Source: Financialpost November 30, 2022

Are Canadian companies ready for mandatory ESG reporting?

This article is Sponsored This story was created by Content Works, Postmedia’s commercial content division, on behalf of a client. by PwC Canada PwC Canada PwC Canada report identifies the barriers, benefits and best pract...

Source: Financialpost November 30, 2022

Diane Francis: Canada's health system can't support immigrant influx

Simply piling more people into an already-flailing system is irresponsible Canada’s health-care system is still reeling from the ravages of COVID-19 and is suffering from a shortage of doctors, nurses and hospital beds. And yet, our Liberal gov...

Source: BNN Bloomberg November 29, 2022

U.S. stocks hit by Fedspeak as China woes boost havens

Stocks sank as Federal Reserve officials stressed that more rate hikes are coming, with risk appetite also hit by uncertainties around China’s Covid curbs and their impact on the global economy. The S&P 500 pared its monthly gain as Fed Bank of St. Louis P...

Source: BNN Bloomberg November 29, 2022

Hedge fund that beat 99% of peers places contrarian bet on Meta

As Big Tech reels from the blow of higher interest rates and slowing growth, one top-performing hedge fund manager is going against the tide to bet on the sinking shares of Facebook-owner Meta Platforms Inc.   Expensive Silicon Valley tech would not normal...