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Latest News
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6:28China suspends imports from Canadian pork company
Chinese state media say the country will halt imports from a Canadian pork company after food safety issues were detected in one batch.
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4:18Draghi sees prospect of more ECB stimulus amid weak inflation
Mario Draghi nudged the European Central Bank closer to pumping more stimulus into the economy, highlighting that growing risks are increasing the case for action.
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4:48Hong Kong leader Carrie Lam makes personal apology, but won't resign
Hong Kong leader Carrie Lam tentatively plans to hold a press conference at 4pm local time, according to a person familiar with the matter.
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Gloria Vanderbilt, child heiress turned jeans queen, dies at 95
Gloria Vanderbilt, the “poor little rich girl” at the center of a scandalous 1930s society custody fight who put her Gilded Age name on the backsides of blue-jeaned teenagers 40 years later, has died. She was 95.
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2:18Hong Kong police begin to clear streets of protesters
Hong Kong police and protesters faced off early Monday as authorities began trying to clear the streets of a few hundred who remained near the city government headquarters after massive demonstrations that stretched deep into the night before.
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3:39Calls grow for Lam to delay bill as Hong Kong streets calm down
Allies of Hong Kong leader Carrie Lam began questioning her tactics as lingering tensions prompted lawmakers to postpone debate on a controversial extradition bill until at least next week.
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14:45‘Now is the time to engage with China’: John McCallum
Former Canadian Ambassador to China John McCallum is urging Canadian businesses to not give up on China despite ongoing tensions between the two countries.
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3:21Hong Kong police fire tear gas, water as protest escalates
Hong Kong police fired tear gas and high-pressure water hoses against protesters who had massed outside government headquarters Wednesday in opposition to a proposed extradition bill that has become a lightning rod for concerns over greater Chinese control and erosion of civil liberties in the semiautonomous territory.
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G-20 reaches compromise on trade war language in statement draft
Economic officials from the Group of 20 nations have warned that the risks to the world economy remain to the downside, according to a final draft of the communique seen by Bloomberg News.
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Huawei CFO's extradition fight set for January in Vancouver
Canadian extradition proceedings will start Jan. 20 for Huawei Technologies Co. Chief Financial Officer Meng Wanzhou, a Canadian judge said. The proceedings could be completed by October 2020.
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ECB strengthens stimulus to boost euro area amid inflation slump
The European Central Bank stepped up support for the euro-area economy by extending its pledge to keep interest rates at record lows, while also reaching agreement on how to infuse lenders with more cheap cash.
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Thousands of Canadians gather at Juno Beach on 75th anniversary of D-Day
Thousands of Canadians will gather on a stretch of beach on the coast of Normandy in France on Thursday to commemorate the 75th anniversary of D-Day, one of the most pivotal days of the Second World War.
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3:39Trump turns from pomp to business in U.K. visit
President Donald Trump will turn from pageantry to policy Tuesday as he joins British Prime Minister Theresa May for a day of talks likely to highlight fresh uncertainty in the allies' storied relationship.
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13:13Senate Republicans warn Trump on trade over Mexico tariff threat
Top Senate Republicans warned the Trump administration Monday that Congress could reclaim its tariff powers or hold up a new North American free trade deal if the White House carries out its threat to impose tariffs on Mexican imports because of immigration policy disagreements.
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3:30Here are the most interesting items in China's trade white paper
China is ramping up its response to President Donald Trump’s decision to impose higher tariffs on $200 billion of its exports and blacklist national technology champion Huawei Technologies Co.
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Canada to close its embassy in Venezuela after losing visas
Chrystia Freeland, Canada’s minister of foreign affairs, released a statement saying the Maduro government refused to extend the visas of embassy officials.
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1:36Philippines ships 69 containers of garbage back to Canada
The Philippines on Friday shipped 69 containers of what its officials called illegally transported garbage back to Canada, one of two Southeast Asian countries that have protested being treated like dumpsites by wealthier nations.
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1:53China gears up to weaponize rare earths in trade war
Beijing is gearing up to use its dominance of rare earths as a counter in its trade battle with Washington, according to commentary in China, including hints from the state planning agency.
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11:12Freeland says Chinese minister won't talk with her about detainees
Foreign Affairs Minister Chrystia Freeland says she wants to talk to China's foreign minister about the two Canadians China has accused of undermining its national security.
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Trump says U.S. aircraft carrier design is 'wrong,' plans overhaul
President Donald Trump told U.S. troops stationed in Japan he plans to order traditional steam powered catapults aboard American warships instead of newer electromagnetic systems that he said may not work as well during wartime.
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Italy seeks ECB board seat to push for infrastructure investment
Italy will seek a seat on the European Central Bank’s Executive Board and use it to push the institution to buy bonds to fund infrastructure projects, according to a senior lawmaker in the coalition government.
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Google invests US$670M to expand its Finland data centre
Google will pay about 600 million euros ($670 million) to build a data center in Finland amid a push by its parent Alphabet Inc. to invest heavily in servers and feed demand for faster access to files and media.
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7:07Populist EU attack falls short despite wins in France, Italy
Mainstream European Union parties held their ground against the assault from populists in elections for the bloc’s Parliament as the highest turnout in two decades looked set to reward pro-EU Liberals and Greens.
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5:23Theresa May to quit June 7, sparking race for new U.K. PM
She will stay as caretaker prime minister until the new leader is chosen, a process likely to take several weeks. The new Conservative leader would then become prime minister without the need for a general election.
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Harriet Tubman US$20 bill delayed until after Trump's presidency, Mnuchin says
The decision to put Tubman, a former slave who helped others to freedom, on the front of the US$20 bill was made during the Obama administration when Jacob Lew was Treasury secretary.
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Modi claims victory in India election as BJP surges to single-party majority
The outcome is a validation of Modi’s hardline Hindu nationalism and populist economic policies, and a major setback for Congress leader Rahul Gandhi.
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4:21Chinese companies can't buy a 'trash can' in U.S.
Relations between the U.S. and China have become so strained that the chance of a Chinese firm doing a deal in the U.S. are virtually nil, according to the top tech banker at JPMorgan Chase & Co.
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Canada hires firm to ship back garbage from the Philippines before end of June: McKenna
The Philippine president's spokesman says the exasperated leader has moved to have truckloads of garbage that Filipino officials say were illegally shipped to the Philippines years ago be forcibly shipped back to Canada.
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Central banks urged to join together to raise inflation targets
Adam Posen, a former Bank of England policy maker, called on central banks around the world to unite in raising their inflation goals.
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Wow Air collapse triggers recession and rate cut in Iceland
Iceland’s central bank cut interest rates and predicted a cooling of the nation’s tourism industry will drive the North Atlantic island into a recession this year.
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May faces pressure to abandon vote on Brexit law and resign
Several senior government officials said they were shocked that the premier’s new offer intended to win votes in Parliament for her European Union divorce agreement had been so badly received so quickly.
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U.S. federal wall funding of US$1.57B yields 1.7 miles of fence
U.S. Customs and Border Protection has put up just 1.7 miles of fencing with the US$1.57 billion that Congress appropriated last year for President Donald Trump’s wall along the Mexican border, a federal judge was told.
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Three handwritten wills found in Aretha Franklin's home
The latest one is dated March 2014 and appears to give the famous singer's assets to family members. Some writing is extremely hard to decipher, however, and the four pages have words scratched out and phrases in the margins.
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Pound gains as May set to offer MPs a vote on second referendum
The pound rallied as U.K. Prime Minister Theresa May said she will offer lawmakers a vote on whether to hold a second Brexit referendum as part of a plan to get her Brexit deal over the line.
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Jamie Oliver’s U.K. restaurant chains are headed for insolvency
The U.K. celebrity chef’s company filed notice in the High Court for administration, a process similar to Chapter 11 bankruptcy protection in the U.S. The proceedings involve 25 Jamie’s Italian, Barbecoa steakhouse and Fifteen eateries in the U.K. but not the international division.
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Trade tensions put global economic growth on a 'subpar' setting
Trade tensions have derailed the global economy, plunging it onto a low-growth track that’s clouded by risks, according to the OECD’s latest outlook.
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Toyota rebukes Trump for sending message that carmaker ‘not welcomed' in U.S.
Toyota Motor Corp. rebuked President Donald Trump’s declaration that imported cars threaten U.S. national security, signaling contentious talks are ahead for the White House and America’s key trading partners.
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1:53Viral sensation Grumpy Cat has died at age 7
Posting on social media Friday, Grumpy Cat's owners wrote that she experienced complications from a urinary tract infection and "passed away peacefully" Tuesday "in the arms of her mommy."
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1:42China downplays chances for trade talks while U.S. plays 'little tricks'
China may have no interest in continuing trade negotiations with the U.S. now, as it sees little “sincerity” in U.S. President Donald Trump’s recent approach, according to commentaries run by state media outlets Friday.
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Taiwan Parliament approves gay marriage law in first for Asia
Taiwan’s ruling party is set to force through a landmark marriage-equality law in the face of staunch local opposition Friday, making the island the first place in Asia to legalize same-sex unions.