Bank of Japan Is Set to Raise Interest Rates, Trump Permitting
(Bloomberg) — Bank of Japan Governor Kazuo Ueda will size up the need to raise interest rates on Friday amid heightened expectations of a hike — and barring a market shock triggered by Donald Trump’s ...
Bank of Canada promises better communication around quantitative easing, if used again
In a report following its review of actions taken in response to the pandemic, the Bank of Canada committed to using an exit ...
U.S. Federal Reserve withdraws from global climate coalition
The United States Federal Reserve has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial ...
FTC raises antitrust concerns about Microsoft-OpenAI partnership
Microsoft Corp.’s US$13 billion investment in OpenAI raises concerns that the tech giant could extend its dominance in cloud ...
Canadians flock to Chinese ’RedNote’ app ahead of U.S. TikTok ban
With TikTok facing an imminent ban in the United States, many Canadian users are moving to rival Chinese social media app ...
BMO, National Bank, TD follow U.S. banks to quit global climate alliance
The Bank of Montreal has become the first Canadian bank to withdraw from the Net-Zero Banking Alliance, which aims to align lending, investment and capital markets activity with net-zero greenhouse ...
Howard Levitt: How Trudeau and Freeland's ‘resignations’ would play out in the private sector
Trudeau’s announced exit quickly followed that of Chrystia Freeland. International media trumpeted her “resignation” as ...
Posthaste: Forget Donald Trump, Canada's own trade barriers amount to nearly 25% tariff
The IMF says the benefits of removing these internal trade barriers would be huge. It estimates that if trade in goods was ...
How TikTok grew from an app for teens into a potential national security threat
Starting in 2017, when the Chinese social video app merged with its competitor Musical.ly, TikTok has grown from a niche teen ...
Hudson’s Bay lays off 41 staff, cites ’challenging headwinds’
TORONTO — Hudson’s Bay Co. says it has laid off 41 staff as it revamps the retailer’s structure. Charla Parkinson, a ...
Posthaste: So long 'new normal.' The 'old normal' is back and that means higher interest rates
“The excess global liquidity that was previously suppressing interest rates and raising asset values is now beginning to ...
Trump to designate cryptocurrency a national priority
United States president-elect Donald Trump is planning to release an executive order elevating crypto as a policy priority ...