Canada
What to watch in Asia
Albert Leung and Subodh Kumar, Asian strategists at Citi in Hong Kong and Singapore, say China's July macro data and the Shanghai Composite Index are the key indicators of Asia's performance
Banks boost Canada coverage
TORONTO - Credit Suisse and Morgan Stanley are targeting the largely untapped Canadian institutional market with sales hires in Toronto.
Bank of Canada salutes CLS
TORONTO - Bank of Canada became the latest monetary authority to publicly champion the success of industry utility CLS in ensuring the smooth operation of the foreign exchange market during the financial crisis.
CIBC in restructure
CIBC has realigned its capital markets business with the departure of Tim Carrington, Toronto-based head of global derivatives and strategic risk last Tuesday (April 13).
Loonie tunes into US dollar parity
The Canadian dollar breached parity with the US dollar for the first time in almost two years last Tuesday (March 6), and traders said the Canadian currency is set to test new highs for the year.
Bank of Canada: no intervention without strong policy
OTTAWA - Mark Carney, governor of the Bank of Canada, has told the country's House of Commons that the Canadian dollar's high exchange rate against the US dollar is depressing prices and economic activity.