Dollarama, the largest chain of dollar stores in Canada, is doing an initial public offering (IPO) of shares. Blogger Canadian Capitalist asks: “Should you bite?”
There have been rumblings that China may top India as the world’s largest gold consumer. The buzz started at the end of Q1/09, when China’s consumption of gold jewelry and its gold retail investment beat India’s as Indian investors were actually dishoarding.
Last week, Teck Resources Ltd. (TSX: TCK.B) announced its Q2/09 results and reported net earning reached $570 million, compared to $497 million, one year earlier.
“We have also made substantial progress with our debt reduction plan,” Don Lindsay, Teck’s president and CEO, said in a statement. “The US$5.81 billion bridge loan ...
On Sunday, President Obama told Waxman-Markey-bill drafters that he likes the vision of a clean green economic future in their sights, but wants them to lose the tariff approach they're currently favouring to get there.
How might markets and economies unfold from here? Probably one of the better persons to ask this question is Robert Barbera, a noted Wall Street economist who has been following economic trends for over 25 years. He is also a professor at Johns Hopkins University and author of a recent ...
Apr
24
The long-held suspicion that China has been hoarding gold was confirmed today and sent the price of bullion up. Reuters news agency confirmed that China’s head of the State Administration of Foreign Exchange (SAFE) said the country’s gold reserve had jumped to 1,454 tonnes from 600 tonnes in 2003, a ...
Apr
23
Robert Page had his work cut out for him today. The Calgary, AB-based chair of Canada's National Roundtable on the Environment and the Economy was fielding a packed morning's worth of media from all across the country.
Nov
07
Shanghai, 2:15 p.m.
For those delegates who clamoured aboard the buses on Wednesday afternoon, the tour of Chongqing’s New North Zone was a highlight of the trade mission, vividly demonstrating China’s economic development—and may have hinted at some underlying and unacknowledged challenges posed by the global financial crisis.
Shanghai, 12:30 p.m.
Nov
06
Shanghai, 10:10 a.m.
I had a chuckle this morning, my last in China, at my horoscope in the English-language China Daily newspaper:




