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Stock

Alibaba, Tencent weigh on Hong Kong stocks as traders search for clues about Fed rate cut

by Anas Siddiqui
Alibaba, Tencent weigh on Hong Kong stocks as traders search for clues about Fed rate cut

Hong Kong stocks fell on Tuesday as investors await developments on the US interest rate front after China left its key lending rates unchanged. The Hang Seng Index declined 0.4 …

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Hong Kong stocks off to a positive start as all eyes on Fed’s Jackson Hole meet

by Anas Siddiqui
Hong Kong stocks off to a positive start as all eyes on Fed’s Jackson Hole meet

Hong Kong stocks rose in the early trading on Monday, adding to its biggest gain in two weeks on Friday, as investors focus on the coming earnings season and potential …

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Trump shooter used ‘mechanical equipment’ to climb roof, may have had collapsible gun stock: FBI

by Walter Watson
Trump shooter used ‘mechanical equipment’ to climb roof, may have had collapsible gun stock: FBI

Thomas Crooks, the shooter who killed one person and injured Republican presidential candidate Donald Trump on July 13, may have possessed a collapsible stock weapon, FBI Director Christopher Wray told …

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Chinese ride-hailing giant Didi Chuxing says it has no timetable for Hong Kong IPO

by Anas Siddiqui
Chinese ride-hailing giant Didi Chuxing says it has no timetable for Hong Kong IPO

Chinese ride-hailing giant Didi Chuxing, whose New York initial public offering (IPO) in 2021 triggered a cybersecurity investigation by mainland authorities that led to its delisting and a $1.2 billion …

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Global News lays off employees in Alberta, British Columbia and Ontario

by Anas Siddiqui
Global News lays off employees in Alberta, British Columbia and Ontario

More than two dozen people in Alberta, British Columbia and Ontario have been let go from their jobs at Global News this week, with its parent company placing blame on “the current economic …

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E*Trade Looking to Drop Roaring Kitty Following GameStop Posts, Report Says

by Ron Morgan
E*Trade Looking to Drop Roaring Kitty Following GameStop Posts, Report Says

Keith Gill better known as Roaring Kitty.Photo: STRMX (AP) Keith Gill, the popular investor who sparked the skyrocketing of GameStop’s stock back in 2021 and appears to be back at …

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Court greenlights shareholder class-action lawsuit against Bombardier

by Anas Siddiqui
Court greenlights shareholder class-action lawsuit against Bombardier

A Quebec judge is authorizing a class action from shareholders against Bombardier Inc. over claims that the plane maker presented a false picture of its financial situation in 2018, a …

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Alcohol sales coming to Ontario corner stores by September

by Anas Siddiqui
Alcohol sales coming to Ontario corner stores by September

Ontario is introducing sales of beer, wine and ready-made cocktails into corner stores and additional supermarkets 16 months ahead of schedule, a move that will see the province pay up to …

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‘Roaring Kitty’ returns, sending meme stocks like GameStop surging once again

by Anas Siddiqui
‘Roaring Kitty’ returns, sending meme stocks like GameStop surging once again

The man at the centre of the pandemic meme stock craze appeared online for the first time in three years, sending the prices of three quirky and volatile shares sharply …

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Shopify’s shares hit a 6-month low after quarterly growth slows

by Anas Siddiqui
Shopify’s shares hit a 6-month low after quarterly growth slows

Canadian e-commerce platform Shopify forecast its slowest quarterly revenue growth in two years against the backdrop of an uncertain economy and tepid consumer spending, sending its shares slumping about 20 …

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