canadian markets

Honda to invest $800 mn in Mexico


August 14th, 2011 - 6:28 am ICT by IANS
Mexico City, Aug 14 (IANS/EFE) Japanese automaker Honda will invest $800 million in a new plant in Mexico to manufacture fuel-efficient cars, the company has announced.American Honda Motor Company president ... Read more...

Posted in Business |

Carborundum grows net by 68 percent in 2010-11


May 2nd, 2011 - 8:36 pm ICT by IANS
Chennai, May 2 (IANS) Abrasives major Carborundum Universal (CUMI) closed fiscal 2010-11 with sales and net profit growth of 25 percent and 68 percent, respectively, over the previous year, the ... 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 |

Milkfed lacks money to fight patent battle with NRI firm


November 7th, 2010 - 3:45 pm ICT by IANS
By Alkesh Sharma Chandigarh, Nov 7 (IANS) Due to financial constraints, Milkfed Punjab has been unable to take legal action against a company that has been selling milk products in the US ... Read more...

Posted in Business |

Canadian currency becomes costlier than US dollar


April 15th, 2010 - 12:58 pm ICT by IANS
Toronto, April 15 (IANS) Driven up by rising commodity and oil prices, the Canadian dollar has crossed parity with the US dollar for the first time in two years. At the end of ... Read more...

Posted in Business |

Canadian currency nears parity with US dollar, markets hit new high


March 13th, 2010 - 10:42 am ICT by IANS
Toronto, March 13 (IANS) Canadian markets Friday crossed the 12,000-mark and the Canadian dollar reached record levels against the US for the first time since mid-2008. While the markets made small gains on ... Read more...

Posted in Business |

Canadian currency set to outperform US dollar


January 5th, 2010 - 1:26 pm ICT by IANS
Toronto, Jan 5 (IANS) Canadian markets opened in the new year Monday with gains, extending the last year's rally into 2010. Buoyed by higher metal and crude prices, the composite index on the ... Read more...

Posted in Business |

Jute council eyes African, East European markets


November 2nd, 2009 - 9:18 pm ICT by IANS
Kolkata, Nov 2 (IANS) In its bid to promote and make people aware of jute products, the Jute Manufacturers Development Council (JMDC) is eyeing the African, East European and Canadian markets, an ... Read more...

Posted in Business |

Canadian currency at record levels against US dollar


October 7th, 2009 - 9:25 am ICT by IANS
Toronto, Oct 7 (IANS) The Canadian dollar hit the highest level in 2009 against the US greenback Tuesday. The loonie - as the Canadian dollar is known - reached 94.66 US cents during ... Read more...

Posted in Business |

Canadian markets cross 11,000 mark first time in 2009


August 5th, 2009 - 10:39 am ICT by IANS
Toronto, Aug 5 (IANS) Canadian markets crossed the 11,000-point mark Tuesday for the first time in 2009. The last time the composite index on the Toronto Stock Exchange (TSX) stood at this ... Read more...

Posted in Business |

Canada’s jobless rate jumps to 8.6 percent


July 11th, 2009 - 12:26 pm ICT by IANS
Toronto, July 11 (IANS) The unemployment rate in Canada, the most robust of all G8 economies during the current global crisis, has jumped to 8.6 percent, a national report here has said. Releasing ... Read more...

Posted in Business |

After month-long rally, Canadian markets slipping


June 18th, 2009 - 11:34 am ICT by IANS
Toronto, June 18 (IANS) The almost month-long rally on the Canadian markets is over, with the Toronto Stock Exchange (TSX) index slipping 5.4 percent in the three sessions of the week. For the ... Read more...

Posted in Business |

Canadian markets cross 10,000-mark in six months


May 7th, 2009 - 9:08 am ICT by IANS
Toronto, May 7 (IANS) Canadian markets crossed the 10,000-mark for the first time this year Wednesday amid less-than-expected job losses in the US. The composite index on the Toronto Stock Exchange climbed 250 ... Read more...

Posted in World |

Canadian markets touch 10,000 points in record gains


May 5th, 2009 - 9:26 am ICT by IANS
Toronto, May 5 (IANS) Canadian markets made the biggest one-day gain of the year Monday, with the Toronto Stock Exchange (TSX) composite index jumping 373.41 points to almost touch the 10,000-mark. The energy ... Read more...

Posted in Business |

Canadian currency makes record gains against dollar


April 16th, 2009 - 10:39 am ICT by IANS
Toronto, April 16 (IANS) The Canadian dollar reached its highest level against the greenback in four months Wednesday, touching 83.24 cents US as markets continued their rally. The energy-rich Canadian markets have gained ... Read more...

Posted in Business |

Canadian markets post 20 percent gains after record low


March 27th, 2009 - 10:31 am ICT by IANS
Toronto, March 27 (IANS) Financial and energy shares propelled Canadian markets to cross the important 9,000-mark for the first time in two months. After sinking to the lowest level since 2004 early ... Read more...

Posted in Business |

Canadian markets up 13 percent as rally continues


March 18th, 2009 - 9:33 am ICT by IANS
Toronto, March 18 (IANS) Canadian markets continued their rally on the sixth consecutive day Tuesday, with rising oil pricing and financial shares boosting investor confidence. On the world energy leader Toronto Stock Exchange, ... Read more...

Posted in Business |

Canadian market rally continues for fifth day


March 17th, 2009 - 11:31 am ICT by IANS
Toronto, March 17 (IANS) Continuing their gains from last week, Canadian markets extended their rally Monday, with the financial sector edging higher. The Toronto Stock Exchange (TSX) composite index rose quickly as trading ... Read more...

Posted in Business |

Big gains for Canadian markets


March 13th, 2009 - 10:28 am ICT by IANS
Toronto, March 13 (IANS) With oil prices staying firm above $45 and financial shares rising, the Canadian markets maintained positive gains of the past three sessions Thursday. The composite index on the Toronto ... Read more...

Posted in Business |

Canadian dollar sinks to five-year low


March 10th, 2009 - 11:30 am ICT by IANS
Toronto, March 10 (IANS) The Canadian dollar sank to its lowest level in five years Monday amid continuing market slide on the opening day of the week. The loonie (as the Canadian dollar ... Read more...

Posted in Business |

World energy leader bloodied to five-year low


March 7th, 2009 - 10:50 am ICT by IANS
By Gurmukh Singh Toronto, March 7 (IANS) Canadian markets, which are the world leader in oil and gas with over 400 top global companies registered, ended their worst week in five years Friday ... Read more...

Posted in Business |

AIG losses sink Canadian markets to lowest levels


March 3rd, 2009 - 10:00 am ICT by IANS
Toronto, March 3 (IANS) The record-breaking $61.7 billion quarterly loss reported by the failed American International Group (AIG) Monday sent Canadian markets to their lowest level in five years. The Toronto Stock Exchange ... Read more...

Posted in Uncategorized |

Big gains for Canadian markets


February 25th, 2009 - 10:22 am ICT by IANS
Toronto, Feb 25 (IANS) US Federal Reserve Chairman Ben Bernanke's assessment Tuesday that the recession may be over by the end of the year had a positive impact even on Canadian markets. The ... Read more...

Posted in Uncategorized |

Financial markets tumble around the world (Lead)


February 24th, 2009 - 2:55 pm ICT by IANS
New York, Feb 24 (IANS) Stock markets the world over were depressed with key indices in North America, Europe and Asia touching long-term lows and investors worrying about the effectiveness of state ... Read more...

Posted in World |

Canadian markets at five-year low


February 24th, 2009 - 12:55 pm ICT by IANS
Toronto, Feb 24 (IANS) Canadian markets plunged to their lowest level in five years Monday with financial and energy sectors diving sharply on the Toronto Stock Exchange (TSX) on the first day ... Read more...

Posted in Uncategorized |

Canada cuts lending rate to historic low


January 21st, 2009 - 10:46 am ICT by IANS
Toronto, Jan 21 (IANS) With the credit crisis deepening and markets sinking, the Canadian central bank Tuesday cut its overnight lending rate to the historic low of one percent to stimulate the ... Read more...

Posted in Uncategorized |

Canadian markets lose all gains of New Year


January 13th, 2009 - 11:13 am ICT by IANS
Toronto, Jan 13 (IANS) After posting gains of almost five percent since Jan 1, Canadian markets retreated into the negative territory for the first time in the New Year Monday.As commodity prices ... Read more...

Posted in World |

Thousands of Canadians lose jobs, markets slip


January 10th, 2009 - 1:48 pm ICT by IANS
Toronto, Jan 10 (IANS) There is more gloomy news in Canada, with the latest data showing that 34,000 more full-time jobs disappeared last month.The Canadian market and dollar slipped lower Friday on ... Read more...

Posted in Uncategorized |

Worst-ever year for IPOs in Canadian markets


January 7th, 2009 - 2:00 pm ICT by IANS
Toronto, Jan 7 (IANS) With the global meltdown gripping developed and developing economies, 2008 proved to be the worst year for initial public offerings (IPOs) in Canadian markets, says a PricewaterhouseCoopers (PwC) ... Read more...

Posted in Business |

Biggest loss for Canadian markets in 20 years


December 2nd, 2008 - 9:08 am ICT by IANS
Toronto, Dec 2 (IANS) The Toronto stock exchange (TSX) plunged more than nine percent Monday, registering the second biggest single-day loss in its history.The markets had suffered the biggest loss of 11 ... Read more...

Posted in World |

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