Prices higher in early trading at TSX

TSX

A man watches the financial numbers at the TMX Group in Toronto's financial district, May 9, 2014. (Darren Calabrese / THE CANADIAN PRESS)

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TSX

A man watches the financial numbers at the TMX Group in Toronto's financial district, May 9, 2014. (Darren Calabrese / THE CANADIAN PRESS)



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Latest Economic News

  • BMO grows fourth-quarter profit 11 per cent to $1.35 billion; boosts dividend

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    TORONTO - Bank of Montreal (TSX:BMO) grew its fourth-quarter net income 11 per cent to $1.35 billion. That's up from $1.21 billion the bank earned during the same quarter last year. The earnings amounted to $2.02 per share, up from $1.83 per share a year ago. Source
  • Live on TV: Moment of reckoning for S. Korean business elite

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    SEOUL, Korea, Republic Of -- It's a rare moment of public reckoning for South Korea's most powerful business leaders, courtesy of the country's biggest political scandal in years. Usually cloistered executives from Samsung, Hyundai Motor and six other companies faced grilling Tuesday as lawmakers looked into their links to prosecution claims that South Korean President Park Geun-hye allowed a corrupt confidante to pull government strings and extort companies. Source
  • Along Trans Mountain pipeline, opinions range from pro to protest

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    The Trans Mountain pipeline hasn't changed much since it was built in 1952. Carved out of the land between Alberta's oil country and the B.C. coast, it began moving about 300,000 barrels of crude a day across the Rockies the following year. Source
  • Free speech vs. copyright in Supreme Court battle between Google, B.C. firm

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    OTTAWA -- A legal fight between Internet giant Google and a British Columbia technology company unfolds today in the Supreme Court of Canada, where they will duel over competing free speech and copyright infringement issues. Source
  • Asian stocks rise after record day on Wall Street

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    HONG KONG - Asian stocks rose Tuesday following another record day on Wall Street as investor optimism bounced back quickly after the Italian referendum. KEEPING SCORE: Japan's benchmark Nikkei 225 index climbed 0.5 per cent to 18,370.83 and South Korea's Kospi jumped 1.2 per cent to 1,985.85. Source
  • Stocks track higher after Wall Street hit another record

    Economic CTV News
    HONG KONG -- Stock markets pushed higher on Tuesday as investors cheered another record day on Wall Street and looked past the political and economic uncertainty buffeting Europe. KEEPING SCORE: France's CAC 40 added 0.5 per cent to 4,596 and Britain's FTSE 100 edged 0.4 per cent higher to 6,771. Source
  • Ikea to offer expanded parental leave

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    NEW YORK - Ikea's U.S. division is offering longer parental leave to employees who are new parents, following similar overtures from tech companies like Netflix as it strives to keep good workers in an improving job market. Source
  • Indians look for solutions only when toxic pollution soars

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    NEW DELHI -- The truth of New Delhi's toxic air finally hit home for Rakhi Singh when her 3-year-old son began to cough constantly early this year. She bought air purifiers for her home. When a thick, grey haze turned the view outside her home into a scene from a bad science fiction film last month, she bought pollution masks. Source
  • China appeals to U.S. to stop disrupting acquisitions

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    BEIJING -- China has urged Washington to stop disrupting its foreign corporate acquisitions after President Barack Obama blocked the purchase of a German maker of semiconductor manufacturing equipment as a security risk. The proposed acquisition of Aixtron SE by China's Fujian Grand Chip was "pure market behaviour," a foreign ministry spokesman, Lu Kang, said Monday. Source
  • Your grocery bill is set to jump — and you can blame Trump

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    The average Canadian family may need to dish out as much as $420 more for food next year — and consumers could have president-elect Donald Trump to thank for part of the price bump, the lead author of a new report says. Source