Skip to content

National Business

Global stocks lower after Fed moves up rate hike forecast

Global stocks lower after Fed moves up rate hike forecast

BEIJING (AP) — Global stock markets were mostly lower Thursday after the Federal Reserve indicated it might ease off economic stimulus earlier than previously thought. London and Frankfurt opened lower while Tokyo, Seoul and Sydney fell.
Chinese crewed spaceship docks with new space station

Chinese crewed spaceship docks with new space station

JIUQUAN, China (AP) — State media say a Chinese spaceship carrying a three-person crew has docked with the country's new space station at the start of 3-month mission.
Apple Daily editors arrested under Hong Kong security law

Apple Daily editors arrested under Hong Kong security law

HONG KONG (AP) — Hong Kong police used a sweeping national security law against a pro-democracy newspaper for the first time Thursday, arresting five editors and executives on charges of collusion with foreign powers.
Asian stocks follow Wall St lower on Fed hints at rate hikes

Asian stocks follow Wall St lower on Fed hints at rate hikes

BEIJING (AP) — Asian stock markets followed Wall Street lower Thursday after the Federal Reserve indicated it might ease off economic stimulus earlier than previously thought.
Ohio House expels former Republican speaker in historic vote

Ohio House expels former Republican speaker in historic vote

COLUMBUS, Ohio (AP) — Members of the Ohio House expelled Rep. Larry Householder, the federally indicted Republican ex-speaker, Wednesday in a bipartisan vote that invoked their powers to remove a member for the first time in 150 years.
Annual inflation rate climbs to 3.6 per cent in May, highest in a decade

Annual inflation rate climbs to 3.6 per cent in May, highest in a decade

OTTAWA — Prices across the country rose at their fastest annual rate in a decade last month, with the promise of similar numbers through to the fall as the national economic reopening from pandemic measures allows consumers to spend more freely.
N.L.'s troubled Terra Nova offshore oilfield saved by last-minute restructuring

N.L.'s troubled Terra Nova offshore oilfield saved by last-minute restructuring

CALGARY — The beleaguered Terra Nova oilfield off the coast of Newfoundland and Labrador could live to pump another day after its owners reached a restructuring agreement in the eleventh hour Wednesday.
Fed sees earlier time frame for rate hikes with inflation up

Fed sees earlier time frame for rate hikes with inflation up

WASHINGTON (AP) — The Federal Reserve signaled Wednesday that it may act sooner than previously planned to start dialing back the low-interest-rate policies that have helped fuel a swift rebound from the pandemic recession but have also coincided wit
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,230.96, down 0.36 of a point.) Canadian Natural Resources (TSX:CNQ). Energy. Down 79 cents, or 1.71 per cent, to $45.41 on 15.
Jared Kushner has book deal, publication expected in 2022

Jared Kushner has book deal, publication expected in 2022

NEW YORK (AP) — Jared Kushner, the son-in-law of former President Donald Trump and one of his top advisers during his administration, has a book deal.