royal bank of canada

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 |

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 |

65 percent top banks ‘back to business’


April 13th, 2011 - 1:36 pm ICT by IANS
Toronto, April 13 (IANS) In a cheering news for the financial world, two-thirds of the world's top banks say they are back to business as usual after the global economic ... Read more...

Posted in Business |

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 |

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 |

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 |

J.P.Morgan sells unit to top Canadian bank


September 30th, 2009 - 10:44 am ICT by IANS
Toronto, Sep 30 (IANS) The Royal Bank of Canada, which is the country's top bank, Tuesday acquired J.P. Morgan's Investment Advisor Servicing Business. The two giants signed an agreement for the transaction likely ... Read more...

Posted in Business |

Record profits by Canadian banks amid recession


August 28th, 2009 - 4:32 pm ICT by IANS
Toronto, Aug 28 (IANS) There is no economic downturn for Canadian banks. Confirming the robustness of the country's banking system, two top banks posted biggest-ever profits Thursday.The Royal Bank of Canada (RBC), which ... 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 |

Global recovery is set to begin, says bank report


June 16th, 2009 - 9:33 am ICT by IANS
By Gurmukh Singh Toronto, June 16 (IANS) The worst is over for the global economy and a recovery is likely to begin later this year, says a bank report released here Monday.The global ... Read more...

Posted in World |

Canadian currency in overdrive


May 30th, 2009 - 1:19 pm ICT by IANS
Toronto, May 30 (IANS) The Canadian dollar is in overdrive. The loonie - as it is called - rose to 92 US cents Friday, raising fears about its adverse impact on 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 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 |

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 |

Canada cuts interest rate to historic low, but markets slip


March 4th, 2009 - 12:48 pm ICT by IANS
Toronto, March 4 (IANS) Canada markets, which hit the lowest levels since 2003 Monday, suffered more losses Tuesday as the nation's central bank cut down interest rates to a historic low of ... Read more...

Posted in World |

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 profits by Canadian banks despite meltdown


February 27th, 2009 - 11:32 am ICT by IANS
Toronto, Feb 27 (IANS) Despite the global meltdown, three top Canadian banks posted huge profits Thursday, pushing the markets up for the second consecutive day. Though reporting a 15 percent fall in its ... 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 |

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 |

Bank CEOs in Canada forego bonuses


February 3rd, 2009 - 9:32 am ICT by IANS
Toronto, Feb 3 (IANS) Even as their US counterparts have been slammed for their ``shameful'' behaviour by President Barack Obama for taking billions of dollars in bonuses, top Canadian bank CEOs have ... Read more...

Posted in World |

Canadian markets up 5 percent in New Year


January 7th, 2009 - 9:35 am ICT by IANS
Toronto, Jan 7 (IANS) There was more cheering news from the world's ninth largest economy Tuesday.Continuing their positive streak for the sixth consecutive day Tuesday, Canadian markets were up two percent on ... Read more...

Posted in Uncategorized |

Canadian markets open positive in New Year


January 3rd, 2009 - 11:32 am ICT by IANS
Toronto, Jan 3 (IANS) The Toronto Stock Exchange (TSX), the third largest in North America, began the new year on a positive note Friday, with investors buying shares of badly performing sectors ... Read more...

Posted in Business |

It’s recession, zero growth next year: Canadian bank


December 20th, 2008 - 10:26 am ICT by IANS
Toronto, Dec 20 (IANS) Canada, the best performing among the G7 economies, is officially in recession and there will no growth in 2009, the country's top bank has said in a new ... Read more...

Posted in World |

Canada cuts interest rate to lowest in five decades


December 10th, 2008 - 11:08 am ICT by IANS
Toronto, Dec 10 (IANS) With the Canadian economy - most robust among all the G7 industrialized nations - officially entering a recession, the country's national bank has cut its interest rate to ... Read more...

Posted in World |

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