IMF remittance mandate for Pakistan sparks shadow banking fears
Finance Cutting bank incentives risks a reemergence of informal transfer channels: experts Pakistani rupee notes are counted at a bank…
Canadian dollar hits near five-month high despite GDP miss
The Canadian dollar rose to a near five-month high against its U.S. counterpart on Tuesday as a recent…
Ottawa pushes toward scrapping ban on single-use plastic exports
The federal government has taken the next steps to scrap its looming ban on single-use plastic exports, though…
IMF praises El Salvador’s 4% GDP growth as bitcoin tensions ease
The International Monetary Fund (IMF) praised El Salvador’s stronger-than-expected economic growth in a statement on Monday. The update…
Economic and event calendar in Asia Wednesday, December 24, 2025: BoJ minutes (preview)
It’s a light calendar ahead for Asia, except for the Bank of Japan minutes. The caveat is, of…
A tale of two markets: Hong Kong property prices stabilise as mainland China slump drags on
As the mainland Chinese housing downturn drags on, Hong Kong’s market is showing early signs of stabilising, reshaping…
The Bank of Canada is ‘cautious’ heading into 2026, with all eyes on CUSMA – National
The Bank of Canada says it’s staying “cautious” heading into 2026 as uncertainty remains high with the global…
Global investors turn to Chinese AI as Wall Street fears bubble
Global investors are increasing their wagers on Chinese artificial intelligence companies, betting on the next DeepSeek and seeking…
Entertainment outpaced all other categories in 2025 Canadian consumer spending: TD
Canadians spent more on entertainment in 2025, with increased spending on dining out, concerts, sports games, and other…
Visa: Sales are up 4.2% for first 7 weeks of the holiday period; pace lags last year
NEW YORK — Consumers stepped up their spending, particularly on items like gadgets and clothing, for the first…
Ontario changes to alcohol sales could lead to higher prices next year
Open this photo in gallery: A wholesale discount from the LCBO for bars, restaurants and convenience stores is…
December retail sales may be softer than November: expert
As people scramble at the malls and add to their online shopping carts, it’s believed December may not…