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Economy News

Loonie seen weakening as domestic economy struggles: Reuters poll

Loonie seen weakening as domestic economy struggles: Reuters poll

The loonie is expected to weaken against the greenback in the year ahead, a Reuters poll showed on Wednesday, with some forecasters citing concern about the economy's slow rate of growth...

Posted on 5-08-2013 at 2:12 PM
ECB says has tools left to act if needed

ECB says has tools left to act if needed

The European Central Bank still has room to manoeuvre should the euro zone economy continue to worsen after it cut interest rates to a new record low last week, ECB policymakers said on...

Posted on 5-08-2013 at 11:10 AM
Fed's credibility tested as inflation drifts below target

Fed's credibility tested as inflation drifts below target

With the U.S. inflation rate about half of the Federal Reserve's 2.0 percent target, the central bank is facing a major test and some experts wonder whether it will eventually need to ramp...

Posted on 5-08-2013 at 8:16 AM
Bart Chilton, commissioner, Commodity Futures Trading Commission play

Bitcoin scrutinized by U.S. derivatives regulator

The top U.S. derivatives regulator is considering whether the Bitcoin virtual currency should be subject to its rules, a top official at the agency said.

Posted on 5-07-2013 at 1:44 PM
Diverging fortunes between U.S. bond and borrower

Diverging fortunes between U.S. bond and borrower

ANALYSIS: During the crazy days of the U.S. housing bubble in 2006, bankers created a bond called MABS 2006-FRE1. The instrument gave buyers the right to payments on the subprime housing...

Posted on 5-07-2013 at 2:32 PM
Ottawa to toughen rules for foreign investors

Ottawa to toughen rules for foreign investors

The federal government is poised to pass Investment Canada amendments that will broaden its definition of “state-owned enterprises” and could subject SOEs’ acquisitions of minority stakes...

Posted on 5-06-2013 at 8:08 AM
Euro zone downturn points to deeper recession

Euro zone downturn points to deeper recession

The euro zone's business downturn dragged on in April, suggesting the region may be falling deeper into recession this quarter, business surveys showed on Monday.

Posted on 5-06-2013 at 7:23 AM
U.S. Treasury to begin selling remaining GM stake

U.S. Treasury to begin selling remaining GM stake

The Treasury Department said on Monday it will begin another round of sales of the General Motors Co stock it acquired during the government's bailout of the U.S. auto sector.

Posted on 5-06-2013 at 2:00 PM

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