Asia Stocks to Track US Rebound on Profit Optimism: Markets Wrap
European stocks rose for a second day, tracking gains in Asian markets on optimism that big technology companies will deliver robust earnings this week.
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European stocks rose for a second day, tracking gains in Asian markets on optimism that big technology companies will deliver robust earnings this week.
Taylor Wimpey Plc is failing to see lower mortgage rates translate into higher levels of home sales and is maintaining its forecast for fewer deals in 2024.
Chinese mainland investors increased their portion of total turnover of Hong Kong stocks to a record daily average in April, with the latest measures to bolster the city’s position potentially boosting their purchases.
Zhao Xiaowei did what would have been unthinkable just a few years ago: He quit his Beijing barista job and returned to his northeastern rust-belt hometown for a better future.
South Korea is emerging as a closely watched weak link in the $63 trillion world of shadow banking.
Jun 17, 2020
The Canadian Press
TORONTO -- Ontario is introducing legislation Wednesday to temporarily ban commercial evictions.
The government says it will protect commercial tenants from being locked out or having their assets seized due to the negative impacts of COVID-19.
It would be retroactive to May 1, which is a month earlier than the Progressive Conservatives had previously proposed when they made the announcement earlier this month.
The New Democrats have been calling for the measures to be retroactive to mid-March.
The NDP also wants to see all businesses qualify -- not just ones that would be covered under a federal-provincial rent relief program, but whose landlords won't apply.
The government house leader's office says they will seek unanimous consent from all parties in the legislature today to expedite the passage of the bill and have it become law by the evening.
Meanwhile, Ontario reported 190 new cases of COVID-19 on Wednesday, along with 12 more deaths.
More than 80 per cent of all the new cases came from Toronto, Peel and Windsor-Essex -- the only three regions that won't be in Stage 2 of the province's reopening plan as of Friday.
The new cases bring the provincial total to 32,744, including 2,550 deaths and 27,784 resolved cases -- 353 more than the previous day.
The number of people in hospital dropped below to 383 -- the lowest amount since the province started publicly reporting that figure at the beginning of April.
The numbers of people in intensive care and on ventilators also fell to their lowest levels since reporting began.
The government has also extended all emergency orders currently in force until June 30.
Premier Doug Ford said the province will review each of the orders on a case-by-case basis to determine whether they can be adjusted or lifted as officials work to curb the spread of COVID-19.
Some emergency orders were eased earlier this month, including a limit on social gatherings that is now set at 10 people instead of the previous limit of five.
Most of the province has also entered the second stage of reopening, allowing more businesses to operate again.
Ford first declared a state of emergency on March 17, which is also set to expire June 30.