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 Toronto real estate sector staring at bubble risk

Toronto real estate sector staring at bubble risk

October 04, 2020 03:00 PM AEDT| By Team Kalkine Media

  As per UBS Global Real Estate Bubble Index, Toronto is the third most likely city at the risk of a residential real estate bubble. Vancouver real estate does not face a bubble risk anymore but is overvalued, adds the report. Frankfurt, Mu...

 Bed Bath & Beyond sales soar to highest level since 2018

Bed Bath & Beyond sales soar to highest level since 2018

October 04, 2020 12:10 AM AEST| By Team Kalkine Media

  The comparable-store sales of the domestic merchandise retail store rose by 6% in the second quarter ended August 29. Quarterly revenues stood at US$ 2.69 billion. The retailer will be adding additional consumer services to attract online...

 International shipping industry suffers second cyber attack within 7 days

International shipping industry suffers second cyber attack within 7 days

October 04, 2020 12:00 AM AEST| By Team Kalkine Media

  The cyberattacks have raised concerns over disruptions to supply chains during the peak season. Several International Maritime Organization-based services are currently unavailable. Last week, French container transportation and shipping...

 Ballard (TSX:BLDP) and Cronos (TSX:CRON): 2 Inflation-Proof Stocks for Investors  

Ballard (TSX:BLDP) and Cronos (TSX:CRON): 2 Inflation-Proof Stocks for Investors  

October 03, 2020 11:00 PM AEST| By Team Kalkine Media

Summary As per TSX30 list 2020, Shopify (TSX: SHOP), Ballard (TSX: BLDP) and Cronos (TSX: CRON) are the top performing stocks on the Canadian stock exchange. Cleantech firm Ballard’s stock price (di.....

 TSX Composite Ends The Week In Green

TSX Composite Ends The Week In Green

October 03, 2020 01:00 AM AEST| By Team Kalkine Media

The leading Canadian benchmark index ended slightly higher on Friday, October 2, up ~14 points or 0.09 per cent to close at 16,199.25. The current dividend yield on the TSX stood at ~3.61% on an annualized basis.  (Five-day daily price chart...

 Cannabis contributes over C$ 9.6 billion to Canada's GDP in July 2020

Cannabis contributes over C$ 9.6 billion to Canada's GDP in July 2020

October 03, 2020 12:10 AM AEST| By Team Kalkine Media

    The figures are up 19 per cent from July last year, shows data from Statistics Canada. The legal cannabis market's contribution to GDP went up around 54 per cent in the same time frame. Data shows that the pot industry black marke...

 Air Canada orders 25,000 rapid COVID-19 testing kits

Air Canada orders 25,000 rapid COVID-19 testing kits

October 03, 2020 12:02 AM AEST| By Team Kalkine Media

  The Canadian airlines has ordered the first batch of testing kits that can detect the virus within five minutes. The initial lot will be for employees who volunteer for testing. The rapid-testing experiment began on September 3 and over 1...

 TSX Composite Ended in Green on October 1, 2020.

TSX Composite Ended in Green on October 1, 2020.

October 02, 2020 12:00 PM AEST| By Team Kalkine Media

The leading benchmark index of the Toronto Stock Exchange, TSX Composite ended higher after two consecutive days of negative settlement. The index was up ~63 points or 0.39% to 16,184.54. On the TSX, 161 stocks rose and 59 fell as a 2.7-to-1 ratio fa...

 JPMorgan pays $920 Million to settle the US Justice Department and CFTC Probe

JPMorgan pays $920 Million to settle the US Justice Department and CFTC Probe

October 02, 2020 10:00 AM AEST| By Team Kalkine Media

One of the largest banks in the United States, JP Morgan Chase was found engaged in placing manipulative trades in the secondary market, which consists of futures tied to precious metals and Treasury bonds. JP Morgan has been asked to pay a fine of.....

 Both Donald And Melania Trump Tested Positive For Coronavirus

Both Donald And Melania Trump Tested Positive For Coronavirus

October 02, 2020 05:20 AM AEST| By Team Kalkine Media

In his most recent tweet, the US President Donald J. Trump announced that both him and his wife Melania Trump contracted COVID-19. After Mr Trump’s close adviser Hope Hicks revealed her positive coronavirus test, the President revealed that .....

 Yield and Liquidity Farming - Tools to Generate Alpha in the Crypto Space

Yield and Liquidity Farming - Tools to Generate Alpha in the Crypto Space

October 02, 2020 03:55 AM AEST| By Team Kalkine Media

DeFi or decentralised finance is the new talk of the town with the disruptive application of the blockchain technology keeping the cryptocurrency ablaze in the market. Blockchain technology is behind almost every DeFi application in the market place...

 Google sets aside US$1 billion+ for news content publishers

Google sets aside US$1 billion+ for news content publishers

October 02, 2020 02:00 AM AEST| By Team Kalkine Media

The search giant will pay select media outlets to display content on its news app. The billion dollar-payout will be spread across three years, and will be later extended, said Google in a statement. Google has often been accused of unfairly lift.....

 Canada Infrastructure bank to invest C$10 Billion to create jobs

Canada Infrastructure bank to invest C$10 Billion to create jobs

October 02, 2020 02:00 AM AEST| By Team Kalkine Media

  The aim of the project is to create 60,000 jobs in priority areas for COVID and fight climate change. About C$ 1.5 billion will be diverted to agricultural infrastructure in Western Canada Nearly C$ 2 billion will invested in broadband pl...

 Canopy Growth to introduce cannabis beverages in US

Canopy Growth to introduce cannabis beverages in US

October 02, 2020 02:00 AM AEST| By Team Kalkine Media

The pot firm will launch THC-infused beverages in the US market. The Ontario-based form will sell the drinks in California and Illinois from 2021. They’ll be available in dispensaries and in liquor and retail locations (if legally permissib.....

 Oil price plummets over OPEC supply fears

Oil price plummets over OPEC supply fears

October 02, 2020 02:00 AM AEST| By Team Kalkine Media

Oil hit the lowest point in two-weeks over uncertainties around US stimulus, second virus wave fears and rising supply from OPEC+ producers. Futures in New York lost 6.5 per cent on Thursday. Brent Futures slid US$1.91 to US$40.39 a barrel. ...

 Google sets aside US$1 billion+ for news content publishers

Google sets aside US$1 billion+ for news content publishers

October 02, 2020 01:06 AM AEST| By Team Kalkine Media

  The search giant will pay select media outlets to display content on its news app. The billion dollar-payout will be spread across three years, and will be later extended, said Google in a statement. Google has often been accused of unfai...

 Canada Infrastructure bank to invest C$10 Billion to create jobs

Canada Infrastructure bank to invest C$10 Billion to create jobs

October 02, 2020 01:04 AM AEST| By Team Kalkine Media

  The aim of the project is to create 60,000 jobs in priority areas for COVID and fight climate change. About C$ 1.5 billion will be diverted to agricultural infrastructure in Western Canada Nearly C$ 2 billion will invested in broadband pl...

 Canopy Growth to introduce cannabis beverages in US

Canopy Growth to introduce cannabis beverages in US

October 02, 2020 01:02 AM AEST| By Team Kalkine Media

  The pot firm will launch THC-infused beverages in the US market. The Ontario-based form will sell the drinks in California and Illinois from 2021. They’ll be available in dispensaries and in liquor and retail locations (if legally p...

 Oil price plummets over OPEC supply fears

Oil price plummets over OPEC supply fears

October 02, 2020 01:00 AM AEST| By Team Kalkine Media

  Oil hit the lowest point in two-weeks over uncertainties around US stimulus, second virus wave fears and rising supply from OPEC+ producers. Futures in New York lost 6.5 per cent on Thursday. Brent Futures slid US$1.91 to US$40.39 a barre...

 TSX Composite Posts Steep Losses in September, First Drop Since March

TSX Composite Posts Steep Losses in September, First Drop Since March

October 01, 2020 12:11 PM AEST| By Team Kalkine Media

Canada's leading S&P/TSX Composite Index posted sharp monthly losses, plunging 2.38% in September. This is the first negative monthly close since the market’s free fall in March, which was led by lockdown and pandemic containment measures....

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