Daily News

Canada's main stock index gained almost 100 points Friday, boosted by strength in industrials and telecom, while U.S. markets were also up.  The S&P/TSX Composite Index was up 96.33 points, or 0.48 per cent, at 19,980.91. Sign up to get breaking news...

For the second time this year a major Canadian public pension is writing down to zero a bet on cryptocurrency as the risky market sours. The Ontario Teachers' Pension Plan said this week it will write off its US$95-million investment in FTX, the cryptocurr...

(Bloomberg) -- The fallout from FTX’s collapse shows few signs of easing as the crypto industry reckons with direct exposures, plunging token prices, and newfound skepticism of even long-established participants. Less than a week after Sam Bankman-Fried’s emp...

U.S. stocks and Treasuries slumped as Federal Reserve officials hammered home their resolve to remain persistent in their fight against inflation and warned of more pain to come.   The S&P 500 and the tech-heavy Nasdaq 100 declined for the second straight...

BMO Investments Inc. announced Thursday it is launching a series of new funds managed by ARK Investment Management LLC that will focus on disruptive innovation.  There will be three new BMO ARK Funds, each with an emphasis on secular trends and disruptive...

Canada's main stock index was down nearly 200 points, as losses in the energy and base metal sectors helped lead a broad-based decline, while U.S. stock markets also fell in late-morning trading. The S&P/TSX Composite Index was down 183.82 points, 0.92 per...

Battered 60/40 portfolios will roar back to life and provide investors with solid returns after the worst performance in nearly 15 years, according to J.P. Morgan Asset Management. The asset manager said the classic strategy, which allocates 60 per cent to...

Paul Harris, partner and portfolio manager, Harris Douglas Asset Management FOCUS: North American and global stocks  MARKET OUTLOOK: The U.S. Federal Reserve and other central banks reiterated that the priority remained the fight against inflation...

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC And it shouldn’t...

Burn through cash and hope for a moonshot Prime Minister Trudeau recently questioned the viability of exporting liquified natural gas from Canada’s East Coast to Europe, saying there has “never been a strong business case” for such projects — e...