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China jitters, globalization bode ill for Fed's inflation goal
As they try to nudge U.S. interest rates away from zero, policymakers might have to rethink a basic assumption that solid economic growth and swelling payrolls at home are enough to do the job even as the world's second-largest economy stutters.
Posted on 8-28-2015 at 9:52 AM
Brookfield buys into Indian infrastructure with road and power deal
Canada’s Brookfield Asset Management Inc. made its first significant investment in Indian infrastructure, buying six road and three power projects on Friday from India’s Gammon Infrastructure Projects Limited.
Posted on 8-28-2015 at 9:49 AM
Alberta kicks off royalty review
A report from the province's royalty review is due by the end of the year, but the current framework will remain in place until the end of 2016.
Posted on 8-28-2015 at 8:52 AM
Banks defend mortgage verification after Home Capital fraud allegations
Some of Canada's biggest banks are defending their verification practices for mortgage applications in light of recent news that mortgage lender Home Capital Group Inc. cut ties with dozens of brokers over fraud allegations.
Posted on 8-28-2015 at 8:42 AM
U.S. crude jumps 6 percent in second day of short-covering frenzy
U.S. crude rose 6 percent on Friday, notching its first weekly gain in two months, after a rally in gasoline from refinery outages and concerns about strife in Yemen fed a second frenzied day of short-covering in oil.
Posted on 8-28-2015 at 4:00 PM
Investors take a breather after rocky week
The TSX edged higher but U.S. markets slid lower Friday, following a two-day market rally, as investors took a breather heading into the weekend after a hair-raising ride for global markets in the past few days.
Posted on 8-28-2015 at 7:51 AM
Scotiabank tops estimates, latest big Canadian bank to beat Street
Scotiabank's CFO is confident in the bank's ability to continue raising its dividend amid sluggish economic growth in Canada. This, after the bank was the fifth of Canada’s big five to top Street estimates this week.
Posted on 8-28-2015 at 7:23 AM
Former BCE employee investigated for insider trading
Quebec’s securities regulator is investigating a former executive assistant to BCE Inc.’s former chief financial officer for insider trading related to three of the Canadian telecommunications company’s biggest acquisitions.
Posted on 8-27-2015 at 5:00 PM

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