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Saturday, September 25, 2021

New rules for employment insurance are rolling out. Here’s what changes

The employment insurance system is set for another round of pandemic-related changes that come into force on Sunday. Here are a few...

Trudeau’s big spending promises could fuel Canada’s already-hot inflation

Prime Minister Justin Trudeau risks further fueling Canada’s hot inflation if he presses ahead with spending plans outlined during the election campaign, which...

China Evergrande debt crisis is worrying investors. Why, and what’s happening?

China Evergrande Group has missed a dollar bond interest payment deadline, moving closer to a potential default and fuelling worries about a...

Bitcoin price sinks as China cracks down on cryptos, declares all transactions illegal

China intensified a crackdown on cryptocurrency trading on Friday, vowing to root out “illegal” activity and banning crypto mining nationwide, hitting Bitcoin...

China Evergrande investors left in dark after payment deadline passes

China Evergrande has left global investors guessing over whether it will make a key interest payment, adding to fears that Beijing will...

China Evergrande inches closer to default as interest deadline quietly expires

China Evergrande inched closer on Friday to the potential default that investors fear as an interest deadline expired without any announcement from...

China Evergrande debt crisis has small-time investors worrying ‘it’s game over’

At an eerily quiet construction site in eastern China’ Suzhou, worker Li Hongjun says property developer Evergrande’s debt crisis means he will...

China readies for ‘possible storm’ over lingering Evergrande debt crisis: reports

Chinese authorities are asking local governments to prepare for the potential downfall of debt-ridden China Evergrande Group, the Wall Street Journal reported...

Retail sales expected to rebound after falling in early summer: StatCan

Canadian retail sales dropped 0.6 per cent to $55.8 billion in July as sales at supermarkets and grocery stores fell with more...

Fed signals interest rate hikes could come as early as 2022

The Federal Reserve on Wednesday cleared the way to reduce its monthly bond purchases “soon” and signaled interest rate increases may follow...

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