After a weak start and a subsequent fall to lower levels, the Canadian market continues to languish in negative territory around noon on Tuesday, amid uncertainty about the outlook for interest rates. The recent U.S. PCE data and a report on manufacturing activity have dimmed hopes about an early interest rate cut by the Federal...
Indian shares look set to open a tad higher on Monday after a highly anticipated report on personal income and spending released on Friday showed U.S. consumer prices increased by slightly less than expected in February. Consumer prices rose by 0.3 percent in the month after climbing by an upwardly revised 0.4 percent in January....
Asian stock markets are trading mostly higher on Monday, following the lack of any major cues from global markets which were closed for Good Friday, boosted by strong gains in China after domestic data showed manufacturing purchasing managers index expanded in March for the first time since September. Traders also reacted to US inflation data...
Following sixteen consecutive months of contraction, the Institute for Supply Management released a report on Monday unexpectedly showing modest growth in U.S. manufacturing activity in the month of March. The ISM said its manufacturing PMI jumped to 50.3 in March from 47.8 in February, with a reading above 50 indicating growth in the sector. Economists...
Construction spending in the U.S. unexpectedly saw further downside in the month of February, according to a report released by the Commerce Department on Monday. The report said construction spending dipped by 0.3 percent to an annual rate of $2.091 trillion in February after edging down by 0.2 percent to a revised rate of $2.097...
France\'s consumer price inflation slowed to the lowest in two-and-a-half years in March on slower increases in food and energy prices, flash data from the statistical office INSEE showed on Friday. The consumer price index, or CPI, posted an annual increase of 2.3 percent in March, following February\'s 3.0 percent rise. The rate was the...
Consumer prices in the U.S. increased by slightly less than expected in the month of February, according to a highly anticipated report released by the Commerce Department on Friday. The Commerce Department said consumer prices rose by 0.3 percent in February after climbing by an upwardly revised 0.4 percent in January. Economists had expected consumer...
Consumer prices in the U.S. increased by slightly less than expected in the month of February, according to a highly anticipated report released by the Commerce Department on Friday. The Commerce Department said consumer prices rose by 0.3 percent in February after climbing by an upwardly revised 0.4 percent in January. Economists had expected consumer...
The Japanese stock market is trading sharply lower on Monday after opening well in the green, giving up all the gains in the previous session, with the benchmark Nikkei 225 is falling below the 39,800 level, as traders react to some weak domestic economic data, including business mood falling for the first time in a...
Pembina Pipeline Corp. (PBA, PPL.TO) announced Monday that it has completed its previously announced acquisition of Enbridge Inc.\'s (ENB, ENB.TO)interest in the Alliance, Aux Sable, and NRGreen joint ventures. Pembina Pipeline increased its ownership in Alliance and Aux Sable. The approximately $3.1 billion purchase price for the transaction was funded, in part, from the net...