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‘It’s not about Hamas,’ say West Bank Palestinians amid growing violence and anguish

by Walter Watson
‘It’s not about Hamas,’ say West Bank Palestinians amid growing violence and anguish

Nineteen-year-old Rabia Odeh flits through the darkened corridors of her family’s house in the Palestinian village of Qusra, south of Nablus, with a nervous energy.   Her skin is pale against …

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Industrial and Commercial Bank of China’s trades with U.S. Treasury disrupted by hackers

by Walter Watson
Industrial and Commercial Bank of China’s trades with U.S. Treasury disrupted by hackers

The Industrial and Commercial Bank of China’s (ICBC) U.S. arm was hit by a ransomware attack that disrupted trades in the U.S. Treasury market on Thursday, the latest in a …

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Man Uses $180 Million Check Fraud Scheme To Fund Incredible Dream Garage

by Horatio Thompson
Man Uses 0 Million Check Fraud Scheme To Fund Incredible Dream Garage

After banking millions of dollars and amassing a huge car collection, one Michigan man’s illegal scam has caught up with him. Cleveland.com reports that Najeeb Khan has been sentenced to …

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Bank of Canada officials split on need for more rate hikes, deliberations show

by Anas Siddiqui
Bank of Canada officials split on need for more rate hikes, deliberations show

Further interest rate hikes from the Bank of Canada are very much still on the table as its governing council remains split on whether rates may need to rise further. …

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Canadians leaving Gaza Strip mourn dead family members, destroyed homes

by Walter Watson
Canadians leaving Gaza Strip mourn dead family members, destroyed homes

The first cohort of Canadian citizens and family members eligible to leave the war-torn Gaza Strip gathered at the Rafah border crossing with Egypt Tuesday morning after receiving a notice …

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The ‘sugar rush’ effect: Why the U.S. economy is growing faster than Canada’s

by Walter Watson
The ‘sugar rush’ effect: Why the U.S. economy is growing faster than Canada’s

In a lot of ways, the U.S. and Canadian economies are similar. They’re both seeing progress in the fight to rein in inflation. They both have robust employment levels. But …

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Finance committee MPs ask federal government to reject RBC-HSBC deal

by Anas Siddiqui
Finance committee MPs ask federal government to reject RBC-HSBC deal

The House of Commons finance committee has asked Ottawa to reject the Royal Bank of Canada’s $13.5-billion acquisition of HSBC’s domestic unit, citing the lack of competition in the country’s financial …

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U.S. central bank holds rate steady, but leaves door open to more hikes

by Anas Siddiqui
U.S. central bank holds rate steady, but leaves door open to more hikes

The U.S. Federal Reserve kept its key short-term interest rate unchanged Wednesday for a second straight time but left the door open to further rate hikes if inflation pressures should …

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Thailand’s fourth-largest bank invests $103m in local crypto exchange

by Isaac Wright
Thailand’s fourth-largest bank invests 3m in local crypto exchange

Kasikornbank has acquired $103 million worth of shares of the Satang crypto exchange through its subsidiary Unita Capital. Thailand’s financial giant Kasikornbank (KBank) has bought 97% shares of the local …

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Bank of Canada governor won’t say when interest rates will drop, but insists it won’t take a recession

by Anas Siddiqui
Bank of Canada governor won’t say when interest rates will drop, but insists it won’t take a recession

The Current18:56Why Tiff Macklem won’t rule out more rate hikes Bank of Canada Governor Tiff Macklem says he knows aggressive rate hikes have caused financial hardship for many Canadians, but …

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