Canada markets closed
  • Business
    Reuters

    Dollar buoyant, equities cautious ahead of China data

    The dollar hovered close to an 11-week high versus major peers on Friday after robust U.S. economic data allowed for a more patient path of Federal Reserve easing. Asian stocks were mixed, with Japan's Nikkei rallying amid a weaker yen, while other markets looked ahead cautiously to a barrage of top-tier Chinese economic data later in the day. The U.S. currency was also buoyed by recent market contemplation of a potential election victory for Donald Trump, whose proposed tariffs and immigration policies are seen as inflationary.

  • Politics
    The Canadian Press

    Elon Musk holds his first solo event in support of Trump in the Philadelphia suburbs

    FOLSOM, Pa. (AP) — Elon Musk held his first solo event in support of Donald Trump for president on Thursday, encouraging voters in the Philadelphia suburbs to register to cast their ballots and vote early, though some attendees shouted back, “Why?”

  • Business
    Reuters

    Australia's Flight Centre Travel hits over 10-month low on flagging dismal Q1 profit rise

    Australian corporate travel manager Flight Centre Travel Group reported a marginal rise in its first-quarter underlying profit on Friday, sending its shares to a more than 10-month low. Shares of the company fell as much as 17.4% to A$17.85, as of 0011 GMT, to hit their lowest level since late November 2023, while the broader benchmark index was down 0.7%. Flight Centre's underlying profit and profit margin are marginally higher for the first quarter of fiscal 2025 from a year earlier, the company said in a limited trading update that did not include profit figures.

  • Business
    Bloomberg

    Japan’s FX Chief Warns on Sudden Moves After Yen Hits 150 Range

    (Bloomberg) -- Japan’s top currency official warned Friday that he was keeping a close eye on market movements following the yen’s weakening into the 150 range against the dollar overnight.Most Read from BloombergInside the ‘Utopias’ of Mexico CityOne City’s Plan to Re-Link a Neighborhood That Robert Moses DividedChicago Should Consider Furloughs, Higher Booze Tax, Watchdog SaysHow Mexico City Averted All-Out DroughtCities Look to AI to Flag Residents’ Trash and Recycling Mistakes“At the moment