Canadian home price gains accelerate again in May -Teranet
Canadian home prices accelerated again in May from the previous month, posting the largest monthly rise in the history of the Teranet-National Bank Composite House Price Index, data showed on Thursday.
U.S. corporate junk-bond spread narrows, lowest since 2007
The yield spread between junk-rated corporate bonds and U.S. Treasuries tightened further late on Wednesday, falling to its lowest level in more than a decade as yield-hungry investors snapped up risky debt.
Canadian regulator lifts banks’ capital buffer to record, priming for post-pandemic world
Canada’s financial regulator raised the amount of capital the country’s biggest lenders must hold to guard against risks to a record 2.5% of risk-weighted assets, from 1% currently, in a surprise move that could pave the way for them to resume dividend increases and share buybacks.
Ford sees better-than-expected quarterly profit on higher vehicle prices
Ford Motor Co (F.N) said on Thursday its second-quarter operating profit will exceed expectations due to lower costs and rising prices for new and used vehicles amid the global semiconductor chip shortage.
Analysis: As Fed taper inches closer, investors prepare for volatility ahead
As the Federal Reserve takes initial steps toward removing its massively accommodative policy, investors are preparing for the main show ahead.
Russia says EU carbon border tax may impinge on global trade rules
Russian Deputy Prime Minister Alexander Novak said on Thursday that the European Union’s plans to impose carbon emission costs on imports of goods may clash with the global trade rules and threaten the safety of energy supplies.
Lufthansa to allow check-in with digital vaccine pass
Lufthansa (LHAG.DE) will allow passengers to use new digital COVID-19 vaccination certificates at check-in for their flights, the German airline said on Thursday.
AFMIC 2021 Goes Live In July
Virtual, 16 June 2021: The Africa Mining Convention (AFMIC 2021), Africa’s much-awaited virtual mining conference and exhibition will go live from 13th-15th July 2021 and make its mark in the African mining industry with a breakthrough virtual convention. AFMIC 2021, organised by Valiant Business Media will host a thoughtfully curated agenda with a series of […]
The great exit: central banks line up to dial back emergency stimulus
The U.S. Federal Reserve is projecting a faster timetable for interest rate rises and Norway’s central bank is preparing markets for four rate hikes by mid-2022, the latest signs policymakers are preparing to exit pandemic-driven stimulus.
Stung by pandemic and JBS cyberattack, U.S. ranchers build new beef plants
U.S. cattle ranchers and investors are sinking hundreds of millions of dollars into new beef plants after temporary closures of massive slaughterhouses at the start of the COVID-19 pandemic left farmers with nowhere to send animals destined to be turned into meat.
