Canada's tariffs on Chinese EVs created '2-front trade war' hurting Prairie canola, pork producers: Kinew
Manitoba Premier Wab Kinew is asking the prime minister to scrap Canada’s 100 per cent tariff on Chinese electric vehicles in return for China lifting its tariffs on Canadian canola and pork.
Kinew says in a letter to Mark Carney on Saturday that while he believes protecting Canada’s vehicle industry is important, he says the country’s approach “has created a two-front trade war that disproportionally affects Western Canada.”
Read MoreIs the stock market open on Columbus Day and Indigenous Peoples' Day? See schedule
Monday, Oct. 13 will be a regular business day for United States stock markets, as markets will not close in observance of Columbus Day or Indigenous Peoples’ Day. The U.S. bond market, however, will be closed, according to the Securities Industry and Financial Markets Association.
Read MoreMumbai Fraud News: Matunga Businessman Duped Of ₹7.11 Lakh In Cryptocurrency Scam via Facebook
A 71-year-old petrochemical businessman from Matunga was allegedly cheated of Rs7.11 lakh by cyber fraudsters who promised high returns through cryptocurrency trading. The scammers, posing as a woman on Facebook, befriended the victim before leading him into a fake trading scheme.
How the Scam Unfolded
According to the FIR filed at Matunga police station,
Read MoreDaito Pharmaceutical (TSE:4577) Margin Squeeze Challenges Bullish Growth Narratives This Earnings Season
Daito Pharmaceutical Ltd. (TSE:4577) is forecast to grow earnings by 17.2% per year and revenue by 4.5% per year, both outpacing the broader Japanese market averages. However, net profit margin has contracted notably to 3.9% from last year’s 6.8%, and earnings have declined by 14.5% per year over the past five years, including another drop in the latest period.
Mortgage Rates Quickly Approaching Long-Term Lows
Despite a stark absence of any truly inspiring events, interest rates have managed to put in two fairly serious days of movement. In today’s case specifically, there was an obvious intraday surge in the underlying bond market. While that surge wasn’t readily attributable to any data or news headline, it prompted many mortgage lenders to reissue lower rates in the afternoon.
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Read MoreThe Burst
1 Spectacular SaaS Stock Taking Over the Planet
Amid the recent bear market, many renowned stocks have dipped to bargain prices, with analysts advocating for big names like Apple and Amazon. But, what about the lesser-known gems?
In the data industry, Planet Labs is shining bright. After reading this article, you may want to consider adding this Earth-imaging company to your portfolio of growth opportunities.
» Read more about: 1 Spectacular SaaS Stock Taking Over the Planet »
Read MoreThe Ivy
Never Hire a Financial Advisor Says Richest Investor
If you’re struggling to generate the returns you hope for and considering a financial advisor, we’ve got some news for you. The world’s smartest investor has discussed many times in the past the dangers of hiring so-called professionals to manage money.
But why is he so against paying a small percentage to a licensed professional?
» Read more about: Never Hire a Financial Advisor Says Richest Investor »
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