
China crash coming? Don't bet on itConventional wisdom would suggest China's economy is heading for a painful landing. But the government will go to great lengths to avoid that -- which creates a different set of problems.
McDonald's or Starbucks: Who wins?The purveyor of burgers is going upscale, treading on turf that the coffee titan has trolled for years. Which company will prevail? And what's the effect on consumers?
Why U.S. Treasury crash won't happenInvestors worried about sinking U.S. Treasury values can breathe easier -- for now. New banking regulations mean sovereign debt will look a lot more attractive in the short term. After that, things could turn ugly.
- Canadian Zinc raises capex estimate for Prairie Creek mine
(Reuters) - Canadian Zinc Corp <CZN.TO> said it expects capital spending at its main project, the Prairie Creek Mine in the Northwest Territories, to be more than expected due to the addition of more features and an increase in costs.
Oil falls on euro zone, WTI at six-month lowLONDON (Reuters) - Oil prices slid with world shares and the euro on Wednesday as investors fled from riskier assets, while a surprise build in U.S. crude inventories helped send the WTI benchmark to a more than six-month low.
Greek political turmoil heightens euro exit fearsLONDON (Reuters) - Fears of a Greek exit from the euro zone worsening the debt crisis facing other European nations gripped financial markets on Wednesday, sending shares and other riskier assets lower as investors shifted funds into safe havens like the U.S. dollar.
BHP warns commodity markets to cool furtherSYDNEY (Reuters) - BHP Billiton <BHP.AX> <BLT.L> said it expects commodity markets to cool further and that investors have lost confidence in the longer-term health of the global economy, in the most cautious comments yet from the world's biggest miner.
Gold hits 4-1/2 month low on Greece turmoilSINGAPORE (Reuters) - Gold extended losses on Wednesday to slip to its weakest level since late December after the collapse of efforts in Greece to form a new government, prompting investors to cut exposure to the precious metal.
Analysis: Euro twilight zone beckons for GreeceLONDON (Reuters) - Speculation about an endgame in Greece's protracted crisis has flooded markets with euro exit scenarios this week, but investors reckon there's still every chance that uncertainty will simply drag on for months.
FBI probes JPMorgan, shareholders back DimonTAMPA, Florida (Reuters) - The FBI has opened an inquiry into the multibillion-dollar trading losses at JPMorgan Chase, stepping up pressure on the bank after key U.S. agencies said they were looking into high-risk trades that first drew regulators' attention last month.
CIBC hopes to steal clients with "mobile wallets"TORONTO (Reuters) - Canadian Imperial Bank of Commerce is hoping its deal with Rogers Communications to allow customers to pay for purchases with smartphones will help it steal clients from banking rivals who must now rush to match the offering.
- Freedom from debt key to retirement: poll
WATERLOO, Ont. - Nearly nine in 10 Canadian homeowners surveyed recently said that being debt-free was key to their idea of a successful retirement — even more than most lifestyle factors.
- Canadians, Americans share retirement angst
(Special) Misery, it seems, still loves to have a little bit of company.
Facebook in your mutual fund? It could be soonBOSTON - Ask people what they think about Facebook, and you're likely to hear everything from "It's a terrific way to connect with friends and family," to "It's a colossal drain on time and productivity."
Time to cash in on hot real estate market?OTTAWA - For most Canadians their home is the biggest investment they'll ever make — but they might be surprised to learn you can use if for more than just sleeping.
Online con jobs can be deceptively simpleMONTREAL - Did you ever get an email saying a package couldn't be delivered and you should click on the attachment for details?
- Some home-office tax myths
(Special) - The way people work today is changing. The internet and computer technology increasingly is making it possible for people to telecommute and work from home. While working from home can have a number of advantages and perks, many Canadians may be misled about what expenses associated with a home-based office or business they are entitled to claim on their income tax returns.
- Home price index up from February: CREA
OTTAWA - Home prices crept higher in March as a slowing Vancouver market was offset by an acceleration in prices in Calgary, Toronto and Montreal, according to a report by the Canadian Real Estate Association.
Insurance should be included on packing listCALGARY - First the severe thunderstorms hit. Then a landing gear malfunction forced the evacuation of a plane at Chicago's O'Hare Airport.
- NOK Dollar FX trader
(Action Economics) - 11-Apr-11 08:24 -Norwegian March inflation data were mixed, with PPI rising to a 21.4% y/y pace, up from 21.2% in February, while core CPI ebbed to 0.8% y/y from 0.9% y/y in the month prior and the headline CPI figure coming in at an unchanged 1.0% y/y.
- AUD Dollar FX trader
(Action Economics) - 16-May-12 05:59 - AUD-USD headed towards 0.9900 as regional accounts shunned growth-related currencies.
- Canadian Dollar FX trader
(Action Economics) - 15-May-12 18:37 - USD-CAD spiked to highs over 1.0045 from under parity after the news broke that There will be new Greek elections.
- CHF Dollar FX trader
(Action Economics) - 16-May-12 10:43 - EUR-CHF tried to trade lower, but did not progress beyond 1.2008 due to large Swiss name bids ahead of SNB's lower limit at 1.2000.
- GBP Dollar FX trader
(Action Economics) - 16-May-12 10:43 - GBP slumped on the BoE Inflation Report, which forced Cable from 1.5975 below 1.5900, while EUR-GBP bounced from 0.7967 towards 0.8000, where strong offers capped.
- EUR Dollar FX trader
(Action Economics) - 16-May-12 10:42 - EUR-USD registered fresh trend lows around 1.2680-85 in early trade before light profit taking went through after very large bids put a floor in place from 1.2680.
- US Dollar FX trader
(Action Economics) - 15-May-12 19:06 - The dollar rallied again on Tuesday, as European fears drove the market to safety.
- JPY Dollar FX trader
(Action Economics) - 16-May-12 06:01 - USD-JPY extended gains to 80.44 amid a broadly firmer dollar tone, which tripped stops over 80.30, while adding to gains were rumours that BoJ could cut the deposit rate on excess reserves.
B.C.'s HootSuite making its social media markVANCOUVER - As Facebook prepares for its massive initial public offering, likely Friday, the booming social media market has also produced a breakthrough year for a Canadian company.
Facebook raises IPO price as offering nearsNEW YORK, N.Y. - Already expected to be the largest-ever initial public offering for an Internet company, Facebook is making its IPO even bigger.
- Fire forces evacuation of Regina refinery
REGINA - A fire forced the evacuation of the Federated Co-Operatives refinery in Regina, but the company says there were no injuries.
Lack of trust in Facebook may hold back ad salesNEW YORK, N.Y. - Facebook's reach is wide but not deep. Few users surveyed in an Associated Press-CNBC poll say they click on the site's ads or buy the virtual goods that make money for it.
- Buffett's firm buys 10M share stake in GM
OMAHA, Neb. - Warren Buffett's company is apparently bullish on the U.S. auto industry.
- Finley softens stance on EI benefits
OTTAWA - The Harper government sent confusing signals Tuesday about coming changes to employment insurance rules, declaring in favour of a hardline approach while indicating the new measures will be moderate.
- Groups sue to protect beluga whales in Alaska
ANCHORAGE, Alaska - A lawsuit challenging petroleum exploration in Alaska's Cook Inlet was filed Tuesday by four groups, including an Alaska Native village, that claim seismic testing will harm endangered beluga whales.
- Pint-sized financial pundit goes viral with banking system rant
TORONTO - Canada's banking system has been the subject of international praise from economists grappling with global turmoil, but one 12-year-old girl begs to differ.



