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Recent Business Headlines

06.01.2009

Asian markets extend gains, Nikkei up 0.4 per cent

HONG KONG - Asian stock markets were mostly higher Tuesday, shrugging off lackluster trade in the U.S. and Europe amid growing optimism the world economy will recover later this year.

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05.01.2009

Banks 'committed to doing what they can,' Flaherty told at 'productive' meeting

TORONTO - Canada's banks say they are lending to creditworthy borrowers, amid perceptions that they are butting heads with Finance Minister Jim Flaherty over the availability of loans to businesses and individuals.

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05.01.2009

World stock markets rise on U.S. rally, hopes for stimulus plan

HONG KONG - Asian stock markets rose strongly Monday, with benchmarks in Hong Kong and Shanghai gaining more than three per cent, as Wall Street's rally and government stimulus plans buoyed investor hopes for 2009. European markets also opened higher.

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