Canadian central bank keeps interest rate unchanged
September 6th, 2012 - 1:14 pm ICT by IANS
Ottawa, Sep 6 (IANS) The Bank of Canada has left its benchmark interest rate unchanged at 1 percent, but hinted an increase could come next year when growth of the ... Read more...
Posted in Business |
Canada bank apologises after removing Asian face from note
August 22nd, 2012 - 9:37 pm ICT by IANS
London, Aug 22 (IANS) A bank in Canada has apologised after it removed an Asian woman from one of its bank notes in favour of a Caucasian, a move that ... Read more...
Posted in Health Science |
Bank of Canada offers apology for ‘Asian woman’ banknote row
August 21st, 2012 - 1:50 pm ICT by IANS
Ottawa, Aug 21 (IANS) Following accusations of racism, Bank of Canada governor Mark Carney has apologized for the way in which the image of an Asian woman was eliminated from ... Read more...
Posted in World |
Canadian benchmark interest rate remains at one percent
July 18th, 2012 - 1:58 pm ICT by IANS
Ottawa, July 18 (IANS) A deteriorating global economy prompted Canada's central bank to leave its benchmark interest rate unchanged at one percent Tuesday.The deceleration in growth for China and other ... Read more...
Posted in Business |
Bank of Canada holds benchmark interest rate
June 6th, 2012 - 3:00 pm ICT by IANS
Ottawa, June 6 (IANS) Canada's central bank has kept its benchmark interest rate at 1 percent, which has been unchanged since September 2010, the longest period it has stayed neutral ... Read more...
Posted in Business |
Key Canadian lending rate unchanged
April 18th, 2012 - 2:02 pm ICT by IANS
Ottawa, April 18 (IANS) The Bank of Canada is keeping its key interest rate at one percent, the bank has announced although it indicated that interest rates could rise ... Read more...
Posted in Business |
Canadian businesses show increased optimism: Bank of Canada
April 10th, 2012 - 2:19 pm ICT by IANS
Ottawa, April 10 (IANS) Canadian businesses plan to increase investment and hire more staff because positive sentiment on future sales has risen to its highest level in two years, the ... Read more...
Posted in Business |
Canada releases new plastic currency
March 27th, 2012 - 2:03 pm ICT by IANS
Ottawa, March 27 (IANS) Canadians will get their first look at a plastic bank note that will replace the paper 50 Canadian dollar bill.The Bank of Canada announced Monday that ... Read more...
Posted in Business |
Canada’s inflation rate rises
March 24th, 2012 - 2:29 pm ICT by IANS
Ottawa, March 24 (IANS) Pushed by the increase of energy and food prices, Canada's inflation rate rose to 2.6 percent in February from 2.5 percent in the previous month, Statistics ... Read more...
Posted in Business |
Bank of Canada warns of growing mortgage debt
February 24th, 2012 - 1:42 pm ICT by IANS
Ottawa, Feb 24 (IANS) Canadian homeowners are loading themselves with too much debt and face serious problems if house values start to drop, the Bank of Canada warned Thursday.For months, ... Read more...
Posted in Business |
`Eurozone crisis to dent Canadian growth’
January 19th, 2012 - 3:38 pm ICT by IANS
Ottawa, Jan 19 (IANS) The Eurozone debt crisis will curb Canada's economic growth by 0.6 percent this year, or $9.89 billion, but it's a smaller damage compared to the expected ... Read more...
Posted in Business |
Canada holds bank rate at 1 percent
January 18th, 2012 - 6:06 pm ICT by IANS
Ottawa, Jan 18 (IANS) The Bank of Canada announced Tuesday that it is maintaining its target for the overnight interest rate at 1 percent.The bank rate is correspondingly 1 1/4 ... Read more...
Posted in Business |
Bank of Canada holds lending rate at one percent
December 7th, 2011 - 1:45 pm ICT by IANS
Ottawa, Dec 7 (IANS) The Bank of Canada has maintained interest rates at 1 percent after warning that the recession in Europe will be worse than expected.Bank of Canada Governor ... Read more...
Posted in Uncategorized |
Positive global cues help Sensex to the best weekly performance in two years (Weekly market review)
December 4th, 2011 - 3:45 pm ICT by IANS
Mumbai, Dec 4 (IANS) Benchmark indices of Indian equities staged one of their best weekly performances in over two years this week, adding over 7 percent, as markets in ... Read more...
Posted in Business |
Canada’s inflation rate drops in October
November 19th, 2011 - 3:24 pm ICT by IANS
Ottawa, Nov 19 (IANS) Canada's inflation rate dropped to 2.9 percent in October from 3.2 percent in the previous month, largely due to the less gain of energy prices, Statistics ... Read more...
Posted in Uncategorized |
Canada introduces plastic cash
June 22nd, 2011 - 8:18 pm ICT by Aishwarya Bhatt
Toronto, Canada, June 22 (THAINDIAN NEWS) The Bank of Canada has announced that they will place in circulation new currency notes made of polymer by the end of 2013. The central bank ... Read more...
Posted in World News |
BlackBerry continues to bleed
June 21st, 2011 - 12:36 pm ICT by IANS
Toronto, June 21 (IANS) After its 21 percent plunge Friday, BlackBerry maker Research In Motion (RIM) continued to bleed Monday, with its stock further diving almost seven percent.At $25.41 now, ... Read more...
Posted in Sci-Tech |
Investors dump BlackBerry as iMessage seen major threat
June 8th, 2011 - 12:40 pm ICT by IANS
Toronto, May 8 (IANS) Apple's iMessage took its toll on the BlackBerry maker Research In Motion (RIM) Tuesday when its stock sank below $37 - the lowest level since 2007.iMessage ... Read more...
Posted in Sci-Tech |
BlackBerry sells 250,000 PlayBook tablets
May 20th, 2011 - 12:43 pm ICT by IANS
Toronto, May 20 (IANS) BlackBerry maker Research In Motion (RIM) has sold about 250,000 Playbook tablets in the first month after its launch, says a report here.Launched April 19, the ... Read more...
Posted in Business |
BlackBerry downgraded as stock tanks 14.4 percent
April 30th, 2011 - 12:40 pm ICT by IANS
Toronto, April 30 (IANS) As expected, shares of Research In Motion (RIM) tanked Friday after the BlackBerry maker slashed its outlook for the current quarter a day earlier.On the Toronto ... Read more...
Posted in Business |
BlackBerry likely to unveil new smart phones next week
April 28th, 2011 - 12:01 pm ICT by IANS
Toronto, April 28 (IANS) BlackBerry maker Research In Motion (RIM) is likely to unveil new smart phones at its annual BlackBerry World conference next week in Florida."It's going to be ... Read more...
Posted in Sci-Tech |
BlackBerry sells about 50,000 tablets on launch day
April 21st, 2011 - 11:48 am ICT by IANS
Toronto, April 21 (IANS) Considering all the negative reviews its received before its launch, the BlackBerry tablet PlayBook sold more than expected Tuesday, according to figures.Accroding to an analysis of ... Read more...
Posted in Sci-Tech |
BlackBerry stock slips as tablet gets lukewarm response
April 20th, 2011 - 1:39 pm ICT by IANS
Toronto, April 20 (IANS) The launch of its PlayBook tablet didn't reverse the fortunes of BlackBerry maker Research In Motion (RIM) on the Toronto stock market Tuesday as its stock ... Read more...
Posted in World |
BlackBerry stock shoots up on Citigroup upgradation
February 17th, 2011 - 2:06 pm ICT by IANS
By Gurmukh Singh
Toronto, Feb 17 (IANS) Buoyed up by big gains by energy, financial and tech stocks Wednesday, the Toronto Stock Exchange (TSX) surged over 14,000 points for the first time since ... Read more...
Posted in Sci-Tech |
India, smaller Asian economies to lead growth
February 15th, 2011 - 3:31 pm ICT by IANS
By Gurmukh Singh
Toronto, Feb 15 (IANS) Smaller Asian economies and India will lead in global growth in the next year, says an international survey of asset management, private equity and hedge fund ... Read more...
Posted in Business |
Canadian markets hit pre-recession levels
December 2nd, 2010 - 11:15 am ICT by IANS
By Gurmukh Singh
Toronto, Dec 2 (IANS) Canadian markets hit a new high Wednesday after the global meltdown, with the composite index on the Toronto Stock Exchange (TSX) closing at 13,148.35 points.The last ... Read more...
Posted in Business |
Torch 9800 most satisfying smart phone from BlackBerry
November 23rd, 2010 - 1:34 pm ICT by IANS
By Gurmukh Singh
Toronto, Nov 23 (IANS) The sales of the BlackBerry Torch 9800, which were initially hit by its high price, have picked up after reduction in its price by half early ... Read more...
Posted in Sci-Tech |
‘G-20 summit core agenda is to rejig economic system’
June 11th, 2010 - 1:35 pm ICT by IANS
By Gurmukh Singh
Toronto, June 11 (IANS) Outlining the core agenda of the G-20 meeting here later this month, Canada Thursday said the grouping will work to put the global financial system on ... Read more...
Posted in Business |
Apple has sold 2m iPads in 60 days
June 1st, 2010 - 1:24 pm ICT by ANI
London, June 1 (ANI): Apple has sold over two million iPads in the last 60 days since the video-playing tablet computer was put up for sale. The iPad, which debuted in the ... Read more...
Posted in Health Science |
Record-breaking growth by Canadian economy
June 1st, 2010 - 12:45 pm ICT by IANS
Toronto, June 1 (IANS) Posting the highest growth rate in more than a decade in annualised terms, Canada's economy grew 6.1 percent in the first quarter of the current fiscal year.
With the ... Read more...
Posted in Business |
Canadian Money To Be Converted To Plastic
March 7th, 2010 - 8:46 pm ICT by GD
By Gina Gomez
Ottawa, Mar 7, (THAINDIAN NEWS) Canadian currency is all set to get a makeover with the federal government declaring recently that the country's currency likely to be replaced by plasticized ... Read more...
Posted in World News |
Canadian economy posts record growth
March 2nd, 2010 - 9:26 am ICT by IANS
Toronto, March 2 (IANS) The Canadian economy bounced back with a record growth in the fourth quarter of 2009, official figures released Monday said.
Beating all predictions, the economy posted an annualized growth ... Read more...
Posted in Business |
US consumer confidence dips further
February 5th, 2010 - 5:54 pm ICT by IANS
New York, Feb 5 (IANS) Consumer confidence in the US cooled this month as Americans worried about their overall financial situation, according to the latest index of consumer attitudes and spending.
The CASH ... Read more...
Posted in Business |
Touted best among G8, Canadian economy on rebound
December 15th, 2009 - 10:15 am ICT by IANS
Toronto, Dec 15 (IANS) Touted as the best among all the G8 economies during the current global slowdown, the Canadian economy is set for a rebound, according to the country's top bank.
In ... Read more...
Posted in World |
Runaway Canadian currency at near parity with dollar
October 15th, 2009 - 2:34 pm ICT by IANS
Toronto, Oct 15 (IANS) The Canadian dollar has almost reached parity with the US greenback, with the loonie, as the Canadian currency is known, touching 98 cents US Wednesday. This is the ... Read more...
Posted in Business |