News

Japan’s exports post first drop in 8 months as US tariffs hit auto firms
Japan’s exports fell in May for the first time in eight months as big automakers like Toyota 7203.T were hit by sweeping U.S.
U.S. consumers more pessimistic on tariff costs, TransUnion says
U.S. consumers are feeling worse about money as tariffs fuel concerns about rising prices, credit reporting agency TransUnion ...
Clean energy has fans in Trump’s America, complicating budget talks
In an industrial building in the Salt Lake City suburb of Clearfield, Utah, long strips of U.S.-made steel were fed through ...
Trump will sign an order extending deadline for TikTok’s Chinese owner to sell app
President Donald Trump will sign an executive order this week to extend a deadline for TikTok’s Chinese owner to divest the ...
Private equity sits on US$1 trillion amid uncertainties, M&A stalls, PwC says
Private equity firms are holding about US$1 trillion in unsold assets, PricewaterhouseCoopers (PwC) said on Wednesday — ...
UN trade agency says it faces ‘painful’ cuts as countries navigate tariffs
The United Nations trade and development agency, tasked with helping developing countries access the global economy, faces ...
Construction sector ramping up tech investments to address labour gap: KPMG survey
A new survey says most Canadian construction companies are still coping with a shortage of skilled labour, however their ...
Asian shares are mixed and oil prices slid after the escalating Iran-Israel crisis
Asian shares were mixed and oil prices slid Wednesday as investors calmed from the jitters of conflict in the Middle East.
Eby won’t stop BC Ferries from building new ships in China, but says it’s ‘not ideal’
Premier David Eby says he won’t interfere with BC Ferries’ decision to hire a Chinese state-owned shipyard to build four new ...
Canada’s retailers are in trouble and there’s more to come: insolvency, restructuring experts
The fall of Hudson’s Bay and Saks Fifth Avenue Canada may give the impression that one of the hottest trends this year is the ...
Carney to return to Ottawa after fruitful summit with G7 leaders in Alberta
KANANASKIS — Prime Minister Mark Carney is heading home to Ottawa today after hosting the G7 summit in Kananaskis, Alta. He ...
Borrowers looking for lower costs will have to wait as the U.S. Fed is unlikely to cut rates
The inflation-fighters at the U.S. Federal Reserve are expected to keep their key interest rate unchanged Wednesday for the fourth straight time. That’s likely to shift attention to how many interest ...