FEATURED9 days agoCNBC Markets•9 days agoIntel surges 22% after $5 billion Nvidia investment, posts best day in nearly 38 yearsNvidia said it will invest $5 billion in Intel as part of a deal to co-develop data center and PC products with the troubled chipmaker.
Yahoo Finance Top•9 days agoGold Drops as Investors Digest Fed CutGold futures fall further, with investors having the benefit of Fed Chair Powell's press conference following the central bank's 25 basis point rate cut Wednesday. "I don't think metals liked Powell's comment regarding his hardline stance against the idea of a 50 [basis-point] cut," says John Caruso of RJO Futures in a note.
CNBC Markets•9 days agoNew York will soon send its 'first-ever inflation refund' checks to taxpayers. Here’s who qualifiesOver 8 million taxpayers are slated to receive one-time ‘inflation refund’ checks from the state of New York.
CNBC Markets•9 days agoNvidia CEO Huang says $5 billion stake in rival Intel will be 'an incredible investment'"We're going to become a very large customer of Intel CPUs, and we're going to be a large supplier of GPU chiplets into Intel" chips, Huang said.
CNBC Markets•9 days agoAmerican Express unveils refreshed Platinum card with $895 annual fee, upping the ante in luxury cardsAmerican Express' move highlights an arms race of sorts when it comes to catering to wealthy consumers. JPMorgan and Citi released updated or new cards recently.
Invezz Markets•10 days agoGoogle expands Africa investment with 4 new hubs as subsea cables advanceGoogle expands Africa investment with 4 new hubs as subsea cables advance [https://invezz.com/wp-content/uploads/2025/09/20250918_064705_CmK9Q.png] Google is stepping up its commitment to Africa with plans to build four new infrastructure hubs across the continent. The hubs will serve as critical points for its subsea fibre-optic cables, Equiano and Umoja, which are set to land this year. The move marks another phase in the company’s ongoing efforts to expand affordable, stable internet access in Africa, where services remain patchy and prone to disruption. The hubs, positioned in the north, south, east, and west, will connect directly to landing stations and data centres to strengthen digital capacity. The initiative is expected to improve resilience against outages that often affect entire regions when cables are damaged. GOOGLE SURPASSES $1 BILLION AFRICA PLEDGE Google pledged in 2021 to invest $1 billion in Africa over five years. Bloomberg reports that Okosi confirmed that the company has already gone beyond that commitment, with the latest subsea cable projects funded entirely by Google. He did not disclose the costs, but described the hubs as new investments on top of…
Invezz Markets•10 days agoChina halts Google antitrust probe, turns spotlight on Nvidia amid US trade talks, says reportChina ends its antitrust investigation into Google, signaling flexibility in trade talks with the US. [https://invezz.com/wp-content/uploads/2025/09/assets_task_01k5dpd6bhfznargy5v3v4n7ym_1758175155_img_0.webp] China has decided to halt its antitrust investigation into Google, a move that comes just months after regulators began probing the US tech giant for alleged violations of the country’s anti-monopoly laws. As per a report by Financial Times, the decision has not yet been formally communicated to Google, and is being widely viewed as a strategic overture to Washington at a time when trade negotiations between the two economic superpowers are back on the table. Analysts say that the end of the probe highlights Beijing’s willingness to deploy regulatory pressure as both a bargaining chip and a diplomatic signal. China’s decision to drop Google’s probe came amid two major developments: a framework agreement between the US and China is near on the future of TikTok in America, and Beijing’s decision to ban Nvidia chips amid tech rivalry. CHINA’S TACTICAL SHIFT IN A TRADE CHESS GAME China’s decision to drop the Google investigation coincides with a renewed push to resolve trade disputes with the…
Bank of Canada•10 days agoBank of Canada lowers policy rate to 2½%The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.5%, with the Bank Rate at 2.75% and the deposit rate at 2.45%.
OSC Headlines•12 days agoOSC announces allegations against Purpose Investments Inc. and Mr. Som SeifTORONTO – On September 12, 2025, the Ontario Securities Commission (OSC) filed an Application for Enforcement Proceeding regarding Purpose Investments Inc (Purpose) and Mr.
OSC Headlines•23 days agoOSC announces allegations against Daniel St-Jean and his companiesTORONTO – Today the Ontario Securities Commission (OSC) announced allegations against Daniel St-Jean and his companies AETOS Green Energy DSJ Inc., 7120761 Canada Inc., and 8795436 Canada Inc.
OSC Headlines•23 days agoCSA extends comment period on proposed process refinements and oversight for a dispute resolution service for investor complaintsTORONTO and VANCOUVER – The Canadian Securities Administrators (CSA) has extended the comment period for its consultation on the framework for an independent dispute resolution servi
OSC Headlines•23 days agoCSA seeks applications for Investor Advisory PanelCalgary – The Canadian Securities Administrators (CSA) is inviting applications for membership on its Investor Advisory Panel (CSA IAP).
OSC Headlines•25 days agoNew framework for distributing disgorged funds collected to harmed investors comes into forceTORONTO – On September 1, 2025, a new statutory framework and related Ontario Securities Commission (OSC) Rules came into force to facilitate the distribution of funds collected under disgorgement orders to investors who have been directly harmed.
CNBC Markets•26 days agoBehind the smiles with Putin, Modi and Xi at China summitA viral photo of Modi, Xi and Putin at the SCO summit highlights shifting power, unresolved tensions and the limits of global alliances.
Invezz Markets•26 days agoBrazil Q2 GDP seen slowing as high rates, global risks biteBrazil’s Q2 GDP expected to grow 0.3% quarter-on-quarter, sharply slower than Q1’s 1.4%. [https://invezz.com/wp-content/uploads/2025/06/brazil-cenabnk-invezz.png] Brazil’s economy is likely to exhibit strong indications of weakening when the second-quarter Gross Domestic Product (GDP) data is revealed on Tuesday. According to local media outlet InfoMoney, economists and financial institutions expect a major slowdown from earlier this year, as high domestic interest rates and global uncertainty about Donald Trump’s retaliatory tariffs begin to weigh on activity. According to ASA Investimentos and Banco Pine, GDP is expected to grow by 0.3% quarterly and 2.1% year on year, following a 1.4% gain in the first quarter. Banco Daycoval has significantly higher expectations, projecting 0.5% growth for the quarter and 2.4% for the year. “All economic growth in 2025 is likely to be concentrated in the first half of the year, given the prolonged impact of restrictive financial conditions and a more uncertain global environment on domestic activity,” stated Banco Pine’s director of macroeconomic research, Cristiano Oliveira. SECTORAL PRESSURES: AGRICULTURE SLOWS, INDUSTRY UNDERPERFORMS Agriculture, which drove Q1 growth on the back of the bumper 2025 harvest, is…
Invezz Markets•27 days ago‘Never felt better’: Trump pushes back health rumors after public absence‘Never felt better’: Trump pushes back health rumors after public absence [https://invezz.com/wp-content/uploads/2025/07/image-2025-07-04T124150.894.png] In a direct and forceful rebuttal, US President Donald Trump has moved to shut down a torrent of speculation about his health that reached a fever pitch online, declaring on his social media platform that he has “never felt better” in his life. The statement on Monday came after a multi-day absence from the public eye ignited a firestorm of unfounded rumors and conspiracy theories about his well-being. THE ANATOMY OF A RUMOR MILL The online chatter began with a simple observation: after a cabinet meeting on Tuesday, the famously ubiquitous president was suddenly nowhere to be seen. As The Independent reported, an unusually clear weekend schedule and a lack of public appearances fueled a wave of social media speculation. The flames were inadvertently fanned by his own Vice President, JD Vance. In an interview with USA Today last week, Vance, while stressing that Trump remains in “incredibly good health,” also stated he was prepared to take over in the event of a “terrible tragedy.” The remark, intended…
Invezz Markets•28 days agoUSD/TRY forecast ahead of Turkey GDP and inflation dataTurkey [https://invezz.com/wp-content/uploads/2025/03/michael-jerrard-JnLp1kus3Ks-unsplash.jpg] The Turkish lira continued its strong plunge this month, reaching its all-time low. The USD/TRY exchange rate rose to 41.15, up by over 41% from its lowest level in January this year. IMPROVING THE TURKISH ECONOMY The USD/TRY exchange rate has surged this year, even as macro data showed that the country’s economy was doing relatively well. Inflation, which has been a major issue in the past few months, has made some improvement in the past few months. A recent report by the statistics agency showed the headline Consumer Price Index (CPI) dropped to 33.52% in July from 35% in June. While the 33.5% inflation rate is huge, it is notable for two main factors. First, it has been in a downward trajectory for 14 consecutive months after it peaked at over 70% in 2023. Second, the inflation plunge happened after the central bank slashed interest rates. It moved the benchmark interest rate to 43% in July, a 300 basis points cut. This cut means that the bank has erased the 350 basis point increase in April when…
Invezz Markets•28 days agoUS-Japan trade talks falter over Trump’s rice demand: here’s what we knowJapan-US trade talks stall as Trump demands rice imports [https://invezz.com/wp-content/uploads/2025/07/US-Japan-1.png] Japan-US trade talks just hit a major snag over rice. According to a Nikkei report, the Trump administration is pushing Japan to import more American rice, and Tokyo is not having it. Japanese officials are calling this demand completely out of line, saying it messes with their domestic farm policies and breaks previous agreements they had in place. They’re so upset about it that Japan’s top trade negotiator just canceled a planned trip to the US This development is derailing efforts to nail down the details on broader trade and investment agreements between the two countries. Rice might seem like a small issue, but it’s clearly become a sticking point that’s bigger than anyone expected. TRADE TALKS SNAGGED OVER RICE PURCHASE DEMAND This rice dispute couldn’t have come at a worse time. Japan and the US were actually making good progress on a big trade deal from July that would cut American tariffs on Japanese imports, including cars down to 15%. They were also working out a massive $550 billion…
OSC Headlines•about 1 month agoCSA adopts expedited shelf prospectus regime for well-known seasoned issuersTORONTO – The Canadian Securities Administrators (CSA) today published a
OSC Headlines•about 1 month agoJimmy Delinis charged with securities fraudTORONTO – The Ontario Securities Commission (OSC) announces that Jimmy Delinis has been charged with fraud contrary to subsections s.126.1(1)(b) of the Securities Act.
OSC Headlines•about 1 month agoOSC files bankruptcy applications for David and Natasha Sharpe of Bridging Finance Inc.TORONTO – The Ontario Securities Commission (OSC) has filed applications under the Bankruptcy and Insolvency Act (BIA) seeking to petition David Sharpe and Natasha Sharpe into bankruptcy and appoint a trustee over their assets.
OSC Headlines•about 1 month agoCanadian Securities Administrators release 2024-2025 Year in ReviewCALGARY – The Canadian Securities Administrators (CSA) today published its annual Year in Review, highlighting the progress made toward delivering each of the six strategic goals outlined in its
OSC Headlines•about 2 months agoDino Delellis aka “Dean Delalis” Charged with Securities FraudTORONTO – The Ontario Securities Commission (OSC) announces that Dino Delellis, also known as “Dean Delalis”, has been charged with fraud and making a prohibited representation, contrary to subsections s.126.1(1)(b) and 38(1)(b) of the Securities Act.
Bank of Canada•about 2 months agoBank of Canada publishes its 2026 schedule for policy interest rate announcements and other major publicationsThe Bank of Canada today published its 2026 schedule for policy interest rate announcements and the release of the quarterly Monetary Policy Report.
OSC Headlines•about 2 months agoHarpreet Saini Guilty of Insider TradingTORONTO – The Ontario Securities Commission (OSC) announced today that Harpreet Saini of Brampton has been sentenced to six months less a day in jail after pleading guilty on July 25, 2024 to insider trading pursuant to s. 76(1) of Ontario’s Securities Act.
OSC Headlines•about 2 months agoCSA appoints new Investor Advisory Panel Chair and Vice-ChairCalgary – The Canadian Securities Administrators (CSA) today announced changes to the CSA Investor Advisory Panel’s (the Panel) membership.
Bank of Canada•about 2 months agoBank of Canada holds policy rate at 2¾%The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%.
OSC Headlines•2 months agoCSA announces exemptions for investment funds to facilitate access to the Bank of Canada’s Contingent Term Repo FacilityTORONTO – The Canadian Securities Administrators (CSA) today issued
OSC Headlines•2 months agoOSC publishes the RIE Division 2025 Annual ReportTORONTO – The Ontario Securities Commission (OSC) has published its Registration, Inspections and Examinations (RIE) Divisi
OSC Headlines•2 months agoStéphane Gagnon sentenced to five years and ordered to pay over $7.75 millionTORONTO – The Ontario Securities Commission (OSC) announced today that Stéphane Gagnon, formerly of Ottawa, Ontario was convicted on one count of Fraud over $5,000 contrary to Section 380(1)(a) of the Criminal Code (Code) and one count of ‘Use of Forged Document’ contrar
OSC Headlines•2 months agoCanadian securities regulators publish CIRO oversight review reportVANCOUVER – The Canadian Securities Administrators (CSA) today released the Oversight Review Report of the Canadian Investment Regulatory Organization (CIRO).
OSC Headlines•2 months agoCSA consults on proposed process refinements and oversight for a dispute resolution service for investor complaintsTORONTO and VANCOUVER – The Canadian Securities Administrators (CSA) has provided for comment more details on the
OSC Headlines•3 months agoCSA announces final amendments to Multilateral Instrument 13-102 System FeesTORONTO – The Canadian Securities Administrators (CSA) today published in final form
OSC Headlines•3 months agoUsman Asif charged with fraud and contravening an Ontario Securities Commission orderTORONTO – The Ontario Securities Commission (OSC) announces that Mr. Usman Asif has been charged with fraud, contrary to s. 126.1(1)(b) of the Securities Act, as well as breaching a cease trade order.
OSC Headlines•3 months agoOSC and CIRO report highlights sales culture concerns at Canada’s largest bank-affiliated dealersTORONTO – The Ontario Securities Commission (OSC) and the Canadian Investment Regulatory Organization (CIRO) have published their report;
Bank of Canada•4 months agoBank of Canada holds policy rate at 2¾%The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%.
Bank of Canada•4 months agoBank of Canada Museum announces 2025 recipients of Award for Excellence in Teaching EconomicsThe Bank of Canada Museum is proud to announce the recipients of its 2025 Award for Excellence in Teaching Economics.
Bank of Canada•5 months agoBank of Canada holds policy rate at 2¾%The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%.
Bank of Canada•7 months agoBank of Canada reduces policy rate by 25 basis points to 2¾%The Bank of Canada today reduced its target for the overnight rate to 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%.
Bank of Canada•8 months agoBank of Canada announces appointment of second external Deputy GovernorThe Board of Directors of the Bank of Canada today announced the appointment of Michelle Alexopoulos as an external Deputy Governor for a term of two years, effective March 17, 2025.
Bank of Canada•8 months agoBank of Canada reduces policy rate by 25 basis points to 3%, announces end of quantitative tighteningThe Bank of Canada today reduced its target for the overnight rate to 3%, with the Bank Rate at 3.25% and the deposit rate at 2.95%.
Bank of Canada•8 months agoBank of Canada releases review of exceptional policy actions taken during the pandemicThe Bank of Canada’s exceptional policy actions during the COVID-19 pandemic provided important support for the economy during the unprecedented shock, says a review published today.
Bank of Canada•10 months agoBank of Canada reduces policy rate by 50 basis points to 3¼%The Bank of Canada today reduced its target for the overnight rate to 3¼%, with the Bank Rate at 3½% and the deposit rate at 3¼%.