Finance

Canadian banks reduce provisions as trade fears ease

Loan-loss buffers shrink amid calmer U.S. trade outlook Canada’s largest banks are poised to post stronger third-quarter earnings as loan-loss provisions are expected to decline...

Pop Mart surges 12% after 400% profit growth

Labubu dolls fuel explosive global sales Shares of Chinese toymaker Pop Mart soared 12.5% on Wednesday following the company’s announcement of a 396.5% surge in...

Gold Futures Climb Ahead of Fed Speech

Gold prices opened higher on Monday as investors awaited signals from the Federal Reserve. Futures gained 1.4% compared to Friday’s close, reflecting growing attention...

Tariffs cast long-term shadow on U.S. economy

Uncertainty disrupts markets and policy The latest round of Trump administration tariffs is generating economic uncertainty that has unsettled markets and heightened fears of inflation...

RBA cuts rates and lowers 2025 growth forecast

Cash rate reduced to 3.6% amid softer economic outlook The Reserve Bank of Australia (RBA) lowered its benchmark lending rate by 25 basis points on...

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