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report on business
Trudeau expects Canadian interest rates to come down by mid 2024
Canadian Prime Minister Justin Trudeau takes questions from reporters during a press conference on the sidelines of the UNGA in New York, U.S., September 21, 2023 as tensions escalate following Canada's announcement that it was "actively pursuing credible allegations" linking Indian government agents to the murder of a Sikh separatist leader in June. REUTERS/Mike Segar
investment ideas
Fed-wary investors eye mounting risks to U.S. stock rally
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 26, 2023. REUTERS/Brendan McDermid
opinion
Dear booming Chinese economy of the past: Bye-bye, the West shan’t miss you
John Rapley
hockey
Martin wants to be Canucks backup goalie, but has competition with DeSmith’s arrival
NEW YORK, NEW YORK - FEBRUARY 08: Alexis Lafrenière #13 of the New York Rangers shoots past goaltender Spencer Martin #30 of the Vancouver Canucks to score during the 2nd period of the game at Madison Square Garden on February 08, 2023 in New York City. (Photo by Jamie Squire/Getty Images)
investment ideas
Hawkish Fed unwittingly stokes Treasuries ‘basis trade’ risks
Jamie McGeever
u.s. business
U.S. Federal Reserve officials flag further hikes even after holding steady
FILE PHOTO: The U.S. Federal Reserve building is pictured in Washington, March 18, 2008. REUTERS/Jason Reed/File Photo
international business
U.S. and China launch economic, financial working groups with aim of easing tensions
FILE PHOTO: Chinese and U.S. flags flutter outside a company building in Shanghai, China April 14, 2021. REUTERS/Aly Song//File Photo
european business
Euro zone recession risks grow as interest rate hikes bite: PMI
FILE - In this Nov. 30, 2005 file photo a giant Euro symbol stands in front of the European Central Bank (ECB) in Frankfurt, Germany. The euro turns 20 at year end but its member countries are still wrestling over exactly how the shared currency should work and how to fix flaws mercilessly exposed by a debt crisis that scarred the currency’s second decade. (AP Photo/Michael Probst, file)
international business
Global central banks unite in ‘higher for longer’ credo
FILE PHOTO: An eagle tops the U.S. Federal Reserve building's facade in Washington, July 31, 2013. REUTERS/Jonathan Ernst/File Photo
investment ideas
China scrutinizes quant strategies as market weakness stokes public anger
A man monitors stock prices at a brokerage in Beijing on Tuesday, June 25, 2019.
advisor stocks
Money managers divided on timeline of China’s economic recovery
FILE - Workers assemble speakers at an electronics factory in Linquan in central China's Anhui province on May 31, 2023. China's factories picked up their pace and retail sales also gained momentum in August, the government reported Friday, Sept. 15, suggesting the economy may be gradually recovering from its post-pandemic malaise. (Chinatopix Via AP, File)
number cruncher
Twenty funds that outperformed their peers amid interest-rate uncertainty
For Number Cruncher column in Globe Investor/ROB only.
asia-pacific business
Chinese officials voice faith in economy, holding interest rates steady as forecasts darken
FILE - Workers assemble speakers at an electronics factory in Linquan in central China's Anhui province on May 31, 2023. China's factories picked up their pace and retail sales also gained momentum in August, the government reported Friday, Sept. 15, suggesting the economy may be gradually recovering from its post-pandemic malaise. (Chinatopix Via AP, File)
investment ideas
Odd bond calm loosening Fed squeeze
Mike Dolan
number cruncher
20 funds seeing a rebound in 2023
For Number Cruncher column in Globe Investor/ROB only.
investment ideas
Some investors bet peak policy rate is near ahead of Fed decision
A street sign marks Wall Street outside the New York Stock Exchange (NYSE) in New York City in February of 2022.
international business
U.S. authorities scrutinize if Credit Suisse mislead investors before rescue: filing
FILE PHOTO-A view shows the logo of Credit Suisse on a building near the Hallenstadion where Credit Suisse Annual General Meeting took place, two weeks after being bought by rival UBS in a government-brokered rescue, in Zurich, Switzerland, April 4, 2023. REUTERS/Pierre Albouy/file photo
asia-pacific business
China expected to leave benchmark loan rates unchanged in September, survey shows
FILE PHOTO: A Chinese national flag flutters outside the China Securities Regulatory Commission (CSRC) building on the Financial Street in Beijing, China July 9, 2021. REUTERS/Tingshu Wang/File Photo
investment ideas
Stablecoins sag in the dog days of summer
Representations of virtual cryptocurrencies are placed on U.S. dollar banknotes in this illustration taken November 28, 2021
investment ideas
Investors temper pessimism on China, but bullish tilt remains distant prospect
People walk past an electronic sign displaying stocks at Exchange Square in Hong Kong on March 16.
international business
Central bank body BIS flags new unpredictability in interest rate markets
FILE PHOTO: The tower of the headquarters of the Bank for International Settlements (BIS) is seen in Basel, Switzerland March 18, 2021. REUTERS/Arnd Wiegmann/File Photo
report on business
Bank of Montreal winds down its retail auto finance business, shifts focus to other areas
<div>BMO Financial Group says it will close its retail auto finance business in order to reroute resources following a rise in bad debt. A person makes their way past the Bank of Montreal (BMO) building in the Financial District of Toronto, on Monday, Aug. 14, 2023. THE CANADIAN PRESS/Spencer Colby</div>
small business
Big Six banks open to refinancing CEBA loans for small businesses
A hand painted sign about the Canada Emergency Business Account, is seen in front window of Frances Watson, a store on Queen St. West, on April 15 2020. Some businesses were happy to hear about the CEBA, but now find some of the requirements to hard to meet.
investment ideas
Last U.S. Federal Reserve hike tends to aid stocks, but some have doubts this time
Ñ EMBARGO: NO ELECTRONIC DISTRIBUTION, WEB POSTING OR STREET SALES BEFORE 5:01 A.M. ET ON SATURDAY, SEPT. 16, 2023. NO EXCEPTIONS FOR ANY REASONS Ñ Stocks are mired in a holding pattern. The big question, our columnist says, is when will the Federal Reserve start to cut interest rates? (Josie Norton/The New York Times) Ñ FOR EDITORIAL USE ONLY WITH NYT STORY SLUGGED FED MARKETS BY JEFF SOMMER FOR SEPT. 16, 2023. ALL OTHER USE PROHIBITED. Ñ
report on business
Canadian pension fund HOOPP to open London office
FILE PHOTO: A view of the London financial district seen from Waterloo Bridge in London, Britain, August 26, 2023. REUTERS/Kevin Coombs/File Photo
african and mideast business
IMF warns Lebanon is still facing enormous challenges, years after economic meltdown began
FILE - Protesters throw glass bottles at the Lebanese Central Bank building as they stand next to burning tires they set on fire, as frustrated depositors rally against Central Bank's Gov. Riad Salameh, who is facing corruption charges, and the deepening financial crisis in Beirut, Lebanon, Friday, March 24, 2023. Four years after Lebanon's historic meltdown began, the small nation is still facing "enormous economic challenges," with a collapsed banking sector, eroding public services, deteriorating infrastructure, and worsening poverty, the International Monetary Fund warned Friday, Sept. 15. (AP Photo/Hassan Ammar, File)
investment ideas
A central bank bonanza: World market themes for the week ahead
FILE PHOTO: The U.S. Federal Reserve building in Washington, D.C./File Photo
top links
‘We still think 2024 can be a good year for REITs’, Scotiabank says in providing top picks
Office and condo towers in downtown Montreal, Quebec, April 8, 2021. (Christinne Muschi /The Globe and Mail)
report on business
Mounting push in U.S. Congress to bring Latin American countries under USMCA umbrella
FILE PHOTO: Flags of the U.S., Canada and Mexico fly next to each other in Detroit, Michigan, U.S. August 29, 2018. REUTERS/Rebecca Cook/File Photo
politics
Trade Minister Mary Ng postpones ‘Team Canada’ trade mission to India amid strained relations
Minister of International Trade Mary Ng speaks to reporters during the Liberal Cabinet retreat in Charlottetown, Tuesday, Aug. 22, 2023. Ng isn't saying whether a major visit to India is going ahead, raising questions about a halted trade deal amid frosty relations between Prime Minister Justin Trudeau and his counterpart in New Delhi. THE CANADIAN PRESS/Darren Calabrese
investment ideas
ECB seals euro’s fate; parity back in play?
Jamie McGeever
u.s. business
Former Fed official says data may bias U.S. central bank to more rate hikes
FILE PHOTO: The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger/File Photo
report on business
Laurentian must find a path to growth as it announces decision to remain a stand-alone bank
FILE PHOTO: The logo of Laurentian Bank is seen at its head offices in Montreal, April 1, 2015. REUTERS/Christinne Muschi/File Photo
number cruncher
Thirteen balanced funds to reduce home-country bias
For Number Cruncher column in Globe Investor/ROB only.
investment ideas
‘Higher for longer’ rates remain a threat to U.S. stocks after inflation data
Trader Fred DeMarco works on the floor of the New York Stock Exchange, Wednesday, Sept. 13.
investment ideas
Investors call ‘peak pessimism’ for beaten-up UK stocks
People stand at Greenwich Park, with the Canary Wharf financial district in the distance, in London on Aug. 29.