Sep 15, 2023

Zambia, China Agree to Increase Use of Local Currency in Trade Libya Says Oil Production Remains Unaffected by Deadly Floods Gold Market Volatility Slumps to Lowest Since Start of Pandemic Russia-Turkey Gas Hub Talks Resume With Trade Platform in Focus BOJ Sees Gap Between Ueda Remarks And Market Reaction, Sources Say Russia Raises Rates With Ruble Weaker Despite Emergency Hike Instacart Seeks to Raise $660 Million With Boosted IPO Range Morocco Looks for Funds to Help Quake Survivors, Rebuild Homes Spain Says It’s Analyzing Saudi Telecom Investment in Telefonica Lagarde Repeats That ECB Isn’t Discussing Interest-Rate Cuts UK to Pay Tata £500 Million to Keep Biggest Steelworks Running Barclays Joins Citi, HSBC in Chasing Deals in Complex Debt Swaps India Trade Gap Expands to 10-Month High on Pricier Oil Imports Ukraine Recap: Zelenskiy Expected to Meet With Biden, Congress Dow Industrials Paying Price for Leaving Out Amazon and Alphabet Swedish Long-Term Inflation Expectations Hold Steady in Survey Cathie Wood, Boaz Weinstein Among Winners From Bitcoin Fund Bet Brazil Economy Must ‘Live Off’ More Than Commodities, Silva Says U.S. stocks rally on China data; auto stocks stumble 3 silent portfolio killers that could drain your retirement savings Registered Education Savings Plan tips for parents and students Millennials’ debt has 'ballooned': RBC economist Dale Jackson: Options could be the right option for your portfolio Canadian tech company uses AI to assess loan qualifications Don’t shy away from asking for a raise, even with recession fears: Experts Finding the right investments for a FHSA can be tricky Canadian spending habits showing early signs of slowing, RBC report finds Dale Jackson: Is your mutual fund really an overpriced ETF? Young Canadians flocking to First Home Savings Accounts, banks say Spending on fun isn’t impossible — it’s just hard, experts say Majority of parents worry about their kid's financial future: Survey Bank of Canada delivers growth and security to retirement portfolios What to consider before budgeting with the cash-stuffing method Northwest Territories to increase minimum wage by nearly 5.6 per cent WonderFi interim CEO on possible changes now that crypto merger is finalized Debt, savings worries up as higher interest rates and costs take a toll: surveys Set your investment portfolio for summer, but don’t forget it Canada Post, TD end MyMoney loan program after less than a year China Shrinks Budget Deficit in Sign of Weak Fiscal Support Chinese Developer Sino-Ocean Suspends Offshore Debt Payments Finland Set for Slow Recovery From Recession, Central Bank Says China Says Youth Employment Improving But Provides No Proof China’s Economy Picks Up in August on Travel Boom, Policy Push Country Garden Delays Yuan Bond Extension Vote to Monday Singapore Home Sales Slump 72% to Seven-Month Low on Weak Demand Flawed US Home-Loan System Forsakes the Buyers Who Need It Most China Home Prices Drop at Faster Pace in August Before Stimulus China’s Property Market Crisis Is Trouble for the Whole World China Cuts Reserve Requirement Ratio for Second Time This Year Many Calgary residents 'squeezed out' of the housing market: Professor Heineken Heeds AMLO’s Call to Go South With $457 Million Brewery Mortgage Rates in US Increase for First Time in Three Weeks Laurentian Bank Ends Review Without a Sale, Will Go It Alone Saudi PIF Developer Lines Up $2.7 Billion for Building Spree Miami Beach, Golf Suburb Fight ‘Grotesque’ DeSantis Housing Law US Retail Sales, Producer Prices Jump on Rising Energy Costs US Producer Prices Rise Most in More Than a Year on Energy Costs Libya Says Oil Production Remains Unaffected by Deadly Floods Gold Market Volatility Slumps to Lowest Since Start of Pandemic Russia-Turkey Gas Hub Talks Resume With Trade Platform in Focus Return to Office Brings CEO Relationships Back to the Forefront Instacart Seeks to Raise $660 Million With Boosted IPO Range Morocco Looks for Funds to Help Quake Survivors, Rebuild Homes Spain Says It’s Analyzing Saudi Telecom Investment in Telefonica Finland to Ban Most Russian Arrivals by Car From Midnight Billionaire Peugeot Clan Wades Into Banking, Italian Luxury UK to Pay Tata £500 Million to Keep Biggest Steelworks Running Barclays Joins Citi, HSBC in Chasing Deals in Complex Debt Swaps Ukraine Recap: Zelenskiy Expected to Meet With Biden, Congress Al Gore Calls Out the Bankers ‘Profiting Hugely’ From Big Oil UK Drops Probe Into Sanctioned Russian Billionaire Mikhail Fridman Dow Industrials Paying Price for Leaving Out Amazon and Alphabet Kim Jong Un to Tour Russian Jet Plant as US Warns on Arms Deals Ex-Deutsche Bank Banker Poised to Plead Guilty to Crypto Fraud Rising UK Wages Push up Prices in Services But Not Manufacturing Musk’s Denial of Ukraine’s Starlink Request Prompts Senate Probe Gold Market Volatility Slumps to Lowest Since Start of Pandemic Russia-Turkey Gas Hub Talks Resume With Trade Platform in Focus Return to Office Brings CEO Relationships Back to the Forefront Equinor Plans to Develop New Norwegian Gas Field in North Sea UK to Pay Tata £500 Million to Keep Biggest Steelworks Running India Trade Gap Expands to 10-Month High on Pricier Oil Imports Ukraine Recap: Zelenskiy Expected to Meet With Biden, Congress Al Gore Calls Out the Bankers ‘Profiting Hugely’ From Big Oil UK Drops Probe Into Sanctioned Russian Billionaire Mikhail Fridman Ex-Deutsche Bank Banker Poised to Plead Guilty to Crypto Fraud Brazil Economy Must ‘Live Off’ More Than Commodities, Silva Says Brent oil set for third weekly gain with tighter markets in view G-7 Plans Russian Diamond Imports Ban by Year-End, Belgium Says Popular Carbon Credits Fail to Offset Emissions, Probe Shows ‘Stakes Are High’ as China Has Tools to Strike Back at EV Curbs Olam Set for Worst Week Since 2012 After Nigeria Fraud Claims Abu Dhabi’s Chimera Sets Up $50 Billion Asset Manager London-Listed Rockfire to Acquire Suspended Dubai Gold Refinery UAW Calls for Strike Against Automakers as Contract Talks Break Down Analyst says auto industry should brace for U.S. strike In Congress, a mounting push to bring Latin American countries under USMCA umbrella Wholesale sales excluding petroleum products and oilseeds and grains up in July 'One family, one lawyer' model promises to save divorcing couples time and money ​The Daily Chase: Laurentian review wraps; Fuel boosts Empire earnings Europe's central bank hikes interest rates again even as threat of recession grows ​Credit balances hit record high in Q2: Equifax Canada Canada's economy appears to be slowing down: RBC Economics The Daily Chase: U.S. inflation creeps higher; Dollarama sales up U.S. CPI rose 3.7% in August Consumer spending down with new focus on business practices The Daily Chase: Earnings from Roots; When will oil demand peak? The Daily Chase: First Quantum strike averted; Canopy Growth shares up Bank of Canada may need to raise rates again, despite this week's hold: Macklem Economists weigh in on surprise August jobs gain Canada job gains double expectations, wages accelerate Home sick: How hybrid workplaces and employees can navigate flu season When will the Bank of Canada start cutting interest rates? Housing market will endure high costs for a while longer: Economist Spain Says It’s Analyzing Saudi Telecom Investment in Telefonica UK to Pay Tata £500 Million to Keep Biggest Steelworks Running Ukraine Recap: Zelenskiy Expected to Meet With Biden, Congress Kim Jong Un to Tour Russian Jet Plant as US Warns on Arms Deals Musk’s Denial of Ukraine’s Starlink Request Prompts Senate Probe Brazil Economy Must ‘Live Off’ More Than Commodities, Silva Says German Conservatives Under Fire for Voting With Far-Right Party G-7 Plans Russian Diamond Imports Ban by Year-End, Belgium Says China Sanctions Two US Military Firms Over Taiwan Arms Sales New Election in Spain Is the Most Likely Scenario, JPMorgan Says Once-Powerful Kolomoisky Charged Again as Ukraine Targets Graft Former Thai PM Frontrunner Quits as Leader of Move Forward Party Barclays Dissents With Big Banks, Calls Smaller Turkey Rate Hike Dog Meat Ban Sought by South Korea Lawmakers After Global Criticism Germany Tests Trump Country as Nervous Allies Ponder His Chances US Believes China Defense Minister Faces Inquiry, FT Says Australia Cancels Millions of Controversial Kyoto Carbon Credits Trump’s Push to Oust 2020 Election Case Judge Resisted by US New Zealand’s Nicola Willis Says She’ll Resign if National Fails to Deliver Tax Cuts Russia-Turkey Gas Hub Talks Resume With Trade Platform in Focus Instacart Seeks to Raise $660 Million With Boosted IPO Range Spain Says It’s Analyzing Saudi Telecom Investment in Telefonica Billionaire Peugeot Clan Wades Into Banking, Italian Luxury Ukraine Recap: Zelenskiy Expected to Meet With Biden, Congress Dow Industrials Paying Price for Leaving Out Amazon and Alphabet Kim Jong Un to Tour Russian Jet Plant as US Warns on Arms Deals Ex-Deutsche Bank Banker Poised to Plead Guilty to Crypto Fraud Rising UK Wages Push up Prices in Services But Not Manufacturing Musk’s Denial of Ukraine’s Starlink Request Prompts Senate Probe Cathie Wood, Boaz Weinstein Among Winners From Bitcoin Fund Bet ‘Stakes Are High’ as China Has Tools to Strike Back at EV Curbs Apple Plans iPhone 12 Update to Address French Radiation Issue SoftBank Left Millions on the Table to Engineer a Win for Masayoshi Son China Says Youth Employment Improving But Provides No Proof Startup That Lets You Instantly Talk in Foreign Language Targets a Nasdaq IPO at $1 Billion Value Japan Soccer League Is Ready to Support Clubs Seeking IPOs Extreme Weather Is Forcing Redesign of World’s Busiest Airports ‘One Piece’ Pirate Series Is Renewed by Netflix After Soaring to No. 1 The U.S. Fed is failing in four ways: Mohamed A. El-Erian Apple, JPMorgan turn to pay now grow later Remote Working Boom Is Huge for College Towns Like Knoxville Walmart flashes a warning sign to the entire consumer economy: Andrea Felsted Millennials are finally spending like grown-ups Dismal U.S. GDP report raises the odds of recession this year: Gary Shilling Musk is wrong for Twitter even if deal math works out Chocolate bunnies can teach us to save our food supply The Fed has made a U.S. recession inevitable America's oil reserve weapon risks misfiring Four-day workweeks can burn you out U.S. Fed expects a soft landing. Don't count on it Markets are pushing Fed into developing-economy territory Commodity traders go from bonanza to bailout plea Putin's war shows West must clean up dirty money Salary transparency is good for everyone Microsoft's US$69B Activision deal could be a blunder What if the oil market bulls are wrong and this lonely bear is right? Canada's trucker protest may spread from Ottawa to U.S. Dow Industrials Paying Price for Leaving Out Amazon and Alphabet Cathie Wood, Boaz Weinstein Among Winners From Bitcoin Fund Bet Taiwan Bourse Taps Into New Crop of Tech Companies to Diversify Zero-Day Options Boom Is Spilling Into $7.4 Trillion ETF Market Crypto Seeks Lifeline in Asia as US Crackdown Spurs More Layoffs Fund Managers See Water Risk in Semiconductor Bets Being Mispriced Crypto Volatility Picks Up on Looming Sales From FTX’s $3.4 Billion Token Hoard Franklin Templeton Joins Race to Offer US Spot Bitcoin ETF ETF Traders Are Pouring Cash Into EM’s Non-China Growth Engines Fear of Stock Market Dive Creeps Back as Hedging Costs Climb Bitcoin ETFs With a $100 Billion Promise Put Old Funds in Danger Making the Case for Buying the Dip Nomura Crypto Chief Warns Market Rout May Delay Unit’s Profit Crypto Trading Volume Slumped to Lowest Level of the Year in August Winklevoss Claims Fuel US Investigation of Barry Silbert’s DCG Crypto Empire China Is Being Left Out by a Record Number of New EM Stock Funds Traders Unfazed as Soft-Landing Calls Stoke Bets on Market Calm Breach of Microsoft Engineer’s Account Likely Led to Hack of US Officials 21Shares and Cathie Wood’s ARK File for First US Spot-Ether ETF Playing for global basketball and sponsorship glory Awareness still at disadvantage in decades-long battle for tennis pay equity FanDuel, Rivalry deliver something new for betting customers Corporations considering Canadian cricket Difficult conversations regarding hockey's 'toxic masculinity' continue at summit Suspended Spanish soccer federation president Rubiales resigns after kiss scandal at World Cup MLB makes strides in attracting younger fans, ticket buyers in growing the game Pegula appoints himself Sabres president, dissolves parent company Royals unveil proposed ballpark, entertainment district plans for two locations NHL eyeing 2025 best-on-best tournament, set international play schedule Canadian clubs talk 'Messi effect' as superstar grabs headlines Bloomberg News, Bloomberg News , (Bloomberg) -- A ban on imports of Russian diamonds is expected to be agreed to by Group of Seven nations in the next few weeks. The mechanism will consist of a direct ban on purchases, which would take effect on Jan. 1, as well as indirect ban, which would kick in more gradually, a Belgian official said. Russia’s central bank raised its benchmark interest rate for a third straight time, citing inflation risks. Ukraine’s troops captured the settlement of Andriivka in the Donetsk region, pressing ahead with their advance to the south of Bakhmut, the General Staff said on Facebook. The bulk carrier Puma, sailing under the flag of the Cayman Islands, left the Black Sea port of Odesa early Friday. The major grain-loading facility has been mostly idle since Moscow pulled out of the UN/Turkey-brokered safe-transit agreement in July, and the target of several Russian missile attacks since then. The UK defense ministry said Wednesday’s missile strike on Russia’s Black Sea Fleet at Sevastopol on the Crimean peninsula did more damage than Russia has admitted. Open-source evidence indicates the landing ship Minsk was been functionally destroyed, while the submarine Rostov-on-Don incurred “catastrophic damage,” the ministry said in an update on X, formerly Twitter. Finland will ban most border crossings by cars with Russian registration plates, falling in line with an EU policy. Latest Coverage Once-Powerful Kolomoisky Charged Again as Ukraine Targets Graft Musk Denial of Ukraine’s Starlink Request Prompts Senate Query Kim Jong Un Tours Russian Jet Plant as US Warns on Arms Deals UK Drops Probe Into Sanctioned Russian Billionaire Fridman Markets Brent oil headed for a third weekly gain — and a 10th out of the past 12 weeks — as the market continued to tighten on the back of supply curbs from Saudi Arabia and Russia. The global crude benchmark advanced above $94 a barrel, after closing 2% higher on Thursday. Wheat inched higher, pushing away from multi-month lows, as traders weighed the impact of dry weather on crops in key exporters against bumper harvests in parts of the Northern Hemisphere, including Russia. Ports in Russia loaded wheat for at least six countries in the most recent week. Coming Up Belarus leader Lukashenko meets with Putin on Friday Bank of Russia meets on interest rates Ukraine Defense Contact Group meets on Sept. 19