UN predicts world economic growth at subdued 2.8% in 2025
India's a bright spot in the global economy with a 6.6% growth forecast for this year
- By: Michael Weissenstein, The Associated Press
- January 9, 2025 January 9, 2025
- 13:05
India's a bright spot in the global economy with a 6.6% growth forecast for this year
U.S. authorities allege trade secrets stolen to help start rival firm
Fund investors paid front-end loads, moved into fee-based accounts sooner than expected, regulators alleged
Regulator settles for less disgorgement than usual, given inability to pay
New loan-level data shows majority of mortgages to renew in next two years, most at higher rates
The group will support the force's Integrated Market Enforcement Team efforts
New York wealth management firm sees Canada as growth market
Canada shouldn't 'rise to the bait,' but be ready to respond if Trump follows through on threats, experts say
Areas to watch include the broader U.S. market, India's robust growth, and AI-driven productivity
Subsidies, more stimulus and corruption crackdown are all on the agenda
Investors in Canada could benefit from a change in government
Troubled consumer discretionary sector leads insolvency surge
Meanwhile, the U.S. stock market held relatively steady near its records
Paper calls for guardrails against negative side effects of digital innovation
Asset performance to weaken as growth slows and inflation, rates face pressure
Shell companies, crypto exchange processed US$470 million in drug money
In series of legal filings, regulator claims exclusive jurisdiction
Project designed to avoid creating needless burden with new regime
The Fed left its benchmark interest rate unchanged for 3rd straight meeting on Wednesday
U.S. subsidiary of CI Financial seeks to plug "gap" in Canadian ultra-high-net-worth market
Meanwhile, Canadian direct investment abroad rose 2.8% to $2.4 trillion
Powell has signalled he could stay on Fed board after term as chair ends May 15
Seasoned ETF exec will help asset manager build "an entire footprint" in the country
Plus, another BMO alum joins software firm, new faces at Manulife and Optimize Wealth, and more
Plus, a new gold bullion mutual fund and a slew of product lineup changes
Clarity for clients makes it easier to shop across carriers
At the same time, both fund types recorded positive net sales