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China must prevent and defuse the risk of external shocks this year while strengthening macro-prudential management and guiding market expectations, the country's foreign exchange regulator said on Friday. The comments come as the U.S. Federal Reserve is widely expected to start hiking interest rates as early as March, while its Chinese counterpart has stepped up monetary easing to prop up a slowing economy, raising concerns about possible capital outflows due to the policy divergence. During the previous round of Fed tightening in 2018, China's currency depreciated sharply.
Based on its recent analysis of the Indian automotive cybersecurity solutions market, Frost & Sullivan recognizes SecureThings.ai with the 2020 Technology Innovation Leadership Award. The company employs a holistic approach to addressing issues in connected vehicle cybersecurity by offering continuous vehicle monitoring to detect unknown behaviors and threats. SecureThings differentiates itself through its comprehensive, multi-layer, and in-depth defense cybersecurity solutions for electric vehi
Tilting your stock portfolio toward energy and commodities could be a good play during inflationary conditions. The post Need a Hedge Against High Inflation? Buy This Energy Sector ETF appeared first on The Motley Fool Canada.
These top TSX stocks deserve to be on your TFSA radar for a buy-and-hold retirement portfolio. The post TFSA Wealth: 3 Top Stocks to Buy Now and Own for Decades appeared first on The Motley Fool Canada.
BEIJING (AP) — China on Friday criticized Washington for imposing sanctions on Chinese companies the U.S. says exported missile technology, and accused the United States of hypocrisy for selling nuclear-capable cruise missiles. The United States announced penalties on three companies it said were engaged in unspecified “missile technology proliferation activities." It said they were barred from U.S. markets and from obtaining technology that can be used to make weapons. “This is a typical hegemo
HELSINKI (AP) — The Baltic nations of Estonia, Latvia and Lithuania will send U.S.-made anti-tank and anti-aircraft missiles to Ukraine in a move that Washington says it is fully endorsing amid Kyiv’s escalating tensions with Russia U.S. Secretary of State Antony Blinken said in a tweet posted on Saturday that Washington saluted the three NATO nations and former Soviet republics “for their longstanding support to Ukraine”. “I expedited and authorized and we fully endorse transfers of defensive e
OTTAWA — Canada's housing ministers on Thursday went over plans to ease affordability issues just ahead of more hearings in a parliamentary probe of price gains and their effect on headline inflation. Housing Minister Ahmed Hussen hosted the virtual meeting of his provincial and territorial counterparts to talk about ways to boost the supply of new units. They were also to talk about options to discourage buyers from accumulating a large portfolio of investment properties. Research from the Bank
Investors who can’t afford to lose their money should forget about weed stocks and avoid the industry leaders in 2022. The post Frustration, Not Profits: 3 Must-Avoid Weed Stocks in 2022 appeared first on The Motley Fool Canada.
TOKYO (Reuters) -Sony Group will likely add new technology partners to its electric vehicle (EV) project to help it forge a mobility business to transform cars from transportation machines to entertainment spaces, a Sony executive told Reuters. An ongoing shift to electric cars, which are easier to build than those with internal combustion engines, is allowing new entrants into vehicle manufacturing. At the same time, autonomous driving and 5G connectivity is expected remold the auto industry by turning cars into mobile platforms for information and entertainment services.
Canadian retail sales most likely fell by 2.1% in December as authorities imposed restrictions to fight the Omicron variant of the coronavirus and retailers faced challenges, Statistics Canada predicted on Friday. Statscan also said retail sales rose 0.7% in November, which was less than the 1.2% gain forecast by analysts. Statscan also said some shoppers decided to pull forward their purchases to November to avoid shortages caused by endemic supply chain issues.
German Chancellor Olaf Scholz's three-party coalition government has voiced its objections to a European Union draft plan to label nuclear power plants as a sustainable energy source in a formal letter to Brussels, ministers said on Saturday. In its letter to Brussels, published by the Economy Ministry on its web page, the German government also pointed to the lack of any safety requirements regarding nuclear power plants.
Twitter Inc on Thursday announced the launch of a tool through which users can showcase non-fungible tokens (NFTs)as their profile pictures, tapping into a digital collectibles craze that has exploded over the past year. The feature, available on iOS to users of the company's Twitter Blue subscription service, connects their Twitter accounts to crypto wallets where the users store NFT holdings. Twitter displays the NFT profile pictures as hexagons, differentiating them from the standard circles available to other users.
(NYSE: CAE) (TSX: CAE) – CAE's President and Chief Executive Officer, Marc Parent, was honored yesterday with the Living Legends of Aviation's highest award, the Industry Leader of the Year Award. Living Legends of Aviation is one of the most prestigious aviation recognition events in the world, hosted by John Travolta and held in Beverly Hills, California.
Ant Group is connected to a corruption scandal involving the former party secretary of Chinese technology hub Hangzhou, the Financial Times reported on Friday, citing public records and sources. The newspaper, citing public records and two sources close to the deals, said that a unit of Ant Group bought two plots of land at a discount in Hangzhou in 2019 after taking stakes in two mobile payment businesses owned by the younger brother of the party secretary, Zhou Jiangyong. The Ant subsidiary was Shanghai Yunxin Venture Capital Management Co, the newspaper said.
HELSINKI (AP) — The Baltic nations of Estonia, Latvia and Lithuania plans to send U.S.-made anti-tank and anti-aircraft missiles to Ukraine, a move that the United States fully endorsed Saturday amid Kyiv’s escalating tensions with Russia. U.S. Secretary of State Antony Blinken said in a tweet that Washington saluted the three NATO nations and former Soviet republics “for their longstanding support to Ukraine.” “I expedited and authorized and we fully endorse transfers of defensive equipment @NA
The Canadian dollar strengthened against the greenback on Thursday as U.S. bond yields stabilized and Ontario, Canada's most populous province, said it would soon ease restrictions to curb the spread of the Omicron coronavirus variant. The loonie was trading 0.3% higher at 1.2472 to the greenback, or 80.18 U.S. cents, after trading in a range of 1.2454 to 1.2516. Among G10 currencies, only the Australian dollar notched a bigger gain.
Canada Post today unveiled a special stamp to honour acclaimed Canadian jazz singer Eleanor Collins. The Edmonton-born artist began performing in concert venues and on radio in the 1940s and broke new ground in her genre by becoming a star in television's early days.
A California investor sued Tellurian Inc Chairman Charif Souki on Thursday, accusing him of fraud in relation to an agreement over Tellurian stock. Shareholder Chris Parker filed a breach of contract lawsuit with the U.S. District Court in Denver seeking unspecified damages from Souki, founder of the U.S. liquefied natural gas company. Parker, a Los Angeles resident, alleged Souki reneged on a promise promised to cover any investment losses Parker suffered while holding about 11 million shares in Tellurian between 2019 and 2021.
Gorman's total compensation will include an annual base salary of $1.5 million, a cash bonus of $8.38 million, a deferred equity award of $5.03 million and a performance-based equity award of $20.1 million, according to a regulatory filing. On Thursday, the board of JPMorgan Chase & Co gave a 9.5% raise to CEO Jamie Dimon, bringing his total compensation for 2021 to $34.5 million.
Public Services and Procurement Canada (PSPC) wishes to advise cyclists and pedestrians that the boardwalk on the Alexandra Bridge will be reduced for tests and inspections during the following period: