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London’s leading shares fall 2.8% in Thursday morning trading after Chinese shares slump more than 7% for the second time this week. read more >>> Source : BBC

* China stocks trigger circuit breaker for second time this week read more >>> Source : Reuters

Money is flooding out of China, Russia and Brazil looking for a safe home. Even as oil crashes and the loonie dives there are good reasons why Canada could still be a bolt hole for foreign cash. read more >>> Source : CBC.Ca

USDCAD remains bullish above the 1.4000 level following a break and hold above that level during Wednesday trading session. This is coming on the back of its Tuesday downside price rejection to close higher. On the upside, resistance resides at the 1.4150 level where a break will target the 1.4200 level. Further out, resistance comes […]

Will oil prices only stabilize in 2016, or is there a recovery on the horizon? Barclays oil analyst, Miswin Mahesh weighs in. read more >>> Source : CNBC.Com

It’s not just China driving the market lower but a combination of factors, Barclays oil analyst, Miswin Mahesh explains. read more >>> Source : CNBC.Com

Did you know that 100 Mbps was the original speed touted by Verizon for 4G LTE, starting around 2009? Yet, by 2015, America’s average for 4G LTE speed is about 10-12 Mbps for a download — about 90% off the original marketing hype. But this is old news. Verizon’s hype machine is in full force […]

A new report says sales of homes worth $1 million or more heated up in Toronto and Vancouver last year as the low loonie fuelled demand from foreign buyers. read more >>> Source : CTVNews.Ca

UK house prices rose by 9.5% in 2015, according to the lender Halifax, making it the fastest annual increase in nine years. read more >>> Source : BBC

China weakened the value of its yuan currency by 0.51% to 6.5646 against the US dollar on Thursday, figures from the China Foreign Exchange Trade System showed. Here’s the chart, courtesy of Bloomberg: Confusion over the devaluation helped send markets in the country tumbling, and led to the triggering of the Chinese market’s “circuit breaker” […]

LONDON, Jan 7 (Reuters) – The yen rose to its highest against the dollar in more than four months on Thursday as investors looked for a haven after China guided the yuan aggressively lower, fuelling… read more >>> Source : Reuters

Jan 7 (Reuters) – Hong Kong’s benchmark stock index fell to its lowest since mid-2013 on Thursday, as panic from China’s 7 percent market free-fall spilled over the border. read more >>> Source : Reuters

The US dollar had an excellent 2015 and is beginning 2016 on a strong footing against most currencies. Can this last? The team at HSBC sees a sour 2016 for the dollar against the euro and the yen, and sets targets: Here is their view, courtesy of eFXnews: In contrast to a consensus that expects […]

British retailer Marks & Spencer said on Thursday its Chief Executive Marc Bolland would retire in April and be succeeded by Steve Rowe. read more >>> Source : CNBC.Com

Oil prices tumbled to below $33 a barrel on Thursday as a result of rising US energy stockpiles and China’s weakening currency. read more >>> Source : BBC

BERLIN, Jan 7 (Reuters) – Healthy domestic demand fuelled a bigger-than-expected rise in German industrial orders in November, data showed on Thursday, providing further evidence that Europe’s biggest economy gained momentum at the end of last year. read more >>> Source : Reuters

After years of speculation as to how long he can stay in the job, Marc Bolland is finally ending his time as CEO of Marks & Spencer. On Thursday, the retailer confirmed in a statement that Bolland will be retiring in April, to be replaced by Steve Rowe, a 25-year M&S veteran who currently heads […]

Chinese stocks nosedived on Thursday, triggering the second daylong trading halt of the week and sending share markets, currencies and oil prices lower as investor jitters rippled across Asia. read more >>> Source : CTVNews.Ca

The doom and gloom mood has escalated: Chinese stock markets were closed for the day after a short period of time (14 minutes and 17 seconds) and oil fell even further, now at the $32 handle. The outcome for currencies is more “risk off”. The winners are the euro and the yen, while commodity currencies […]

* Exports to China +14.2 pct y/y; U.S. +9.2 pct; EU +5.9 pct (Adds comments, background) read more >>> Source : Reuters

Sustainable Energy looks at Germanwatch’s Global Climate Risk Index for 2016, profiling countries hit by extreme weather events. read more >>> Source : CNBC.Com

MPs summon the chairman and acting chief executive of the Financial Conduct Authority to explain why an inquiry into bank culture was dropped, the BBC learns. read more >>> Source : BBC

SHANGHAI, Jan 7 (Reuters) – Hong Kong’s main stock indexes touched their lowest since mid-2013 on Thursday, as panic from China’s 7 percent market free-fall spilled over the border. read more >>> Source : Reuters

“Star Wars: The Force Awakens” has become the highest grossing film of all time in the United States and Canada, Walt Disney said. read more >>> Source : CNBC.Com

Macy’s is slashing jobs, a harbinger of hard times for retailers after a holiday season that saw a noticeable shift to online shopping and away from physical stores. read more >>> Source : CTVNews.Ca

Chinese stocks nosedived Thursday, tumbling more than 7 percent in the first half-hour of trading, causing Beijing’s securities regulator to step in and suspend trading for the day. It was the second time this week that “circuit breakers” were used to suspend trading. The benchmark Shanghai Composite Index tumbled 7.3 percent to 3,115.89 Thursday, while […]

(Reuters) – Yahoo Inc is working on a plan to cut its workforce by at least 10 percent and it could start the process as early as this month, Business Insider reported, citing sources. read more >>> Source : Reuters

Voice search is actively shaping the future of SEO and changing how SEO techniques are adopted in the mobile age. While Google’s most recent mobile update put quite a bit of attention on the importance of mobile optimized pages, it’s essential for digital marketers to consider Siri in their 2016 search engine strategies. The Emerging […]

China halted stock trading Thursday, its second daylong trading suspension this week, after prices plunged in the latest spasm of investor panic on its volatile markets. read more >>> Source : CTVNews.Ca

* Nov exports +6.3 pct y/y vs Reuters poll f’cast +12.2 pct * Nov imports +9.1 pct y/y vs f’cast of +14.1 pct * Trade surplus 10.23 bln rgt vs f’cast 12 bln rgt surplus * Exports to China +14.2 pct y/y; U.S. +9.2 pct; EU +5.9 pct KUALA LUMPUR, Jan 7 (Reuters) – Malaysia’s […]

The rupee depreciated by 4 paise to 66.86 against the US dollar in early trade on Thursday after the Chinese central bank, PBoC. read more >>> Source : EconomicTimes.IndiaTimes.Com

This highly rated movie is about a few sharp operators who saw the financial crisis coming and decided to profit from their insight by shorting the private mortgage-backed security market. “Shorting” means to sell at the current inflated price but not deliver until later when the price of buying the security will be lower. Most […]

Major shareholders must not sell more than 1 percent of a listed company’s share capital every three months. read more >>> Source : CNBC.Com

The project could cost up to $3B and include improvements like bringing natural light into the maze underneath Madison Square Garden. read more >>> Source : CNBC.Com