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Business 13 Jun 2012 | 12:00 AM

Toronto condo bubble?

TORONTO: Each panelist at a recent Toronto real estate conference had a reason why the city’s condo market is not a bubble. But the developers, the lender, the receiver, the marketer and the real estate agent each talked about the things that worry them.

Business 04 Jun 2012 | 12:00 AM

New euro fiscal authority sought

MADRID: Spain, the latest combat zone in Europe’s long-running debt wars, urged the eurozone to set up a new fiscal authority to manage the bloc’s finances and send a clear signal to markets that the single currency project is irreversible.

Business 16 Jul 2012 | 12:00 AM

Analysis: A cooling Canadian housing market still poses risks

TORONTO: For the first time in three years, Toronto's sizzling housing market is showing signs of cooling, bringing a sigh of relief to David Fleming and other Canadian real estate agents who feared the market boom was getting out of control.

Business 30 Jun 2012 | 12:00 AM

NYSE catch saves broker from disastrous blunder

NEW YORK: They might be tooting their own horn, but the New York Stock Exchange may have a point.

Business 15 Jun 2012 | 12:00 AM

Nokia plans to cut 10,000 more jobs(update)

PARIS: Nokia plans to cut 10,000 more jobs, bringing the total to one in three staff, as it loses market share to cellphone rivals Apple and Samsung and burns through cash, raising new fears over its future.

Business 07 Jul 2012 | 12:00 AM

Squeezed by higher rents, tight credit

One night last spring, David Hall returned home to his studio apartment outside Boston to learn that his monthly rent had spiked from US$725 to US$995.

Business 29 Jun 2012 | 12:00 AM

UK banks face new scandal with Barclays boss in peril

LONDON: Britain will expose on Friday a second scandal involving the country's banks in as many days, as Barclays boss Bob Diamond clings to his job after regulators slapped a record fine on the lender for rigging interest rates.

Business 27 Jul 2012 | 12:00 AM

Mistry: Palm oil in for another retreat in prices

KUALA LUMPUR: Dorab Mistry compared the palm-oil market in 1998 to the Titanic and correctly predicted a slump from then-record prices the next year. He’s now forecasting another retreat as weakening demand outweighs a decline in Malaysian production.

Business 10 Jul 2012 | 12:00 AM

US broker PFGBest freezes funds after founder's suicide

CHICAGO/NEW YORK: Independent U.S. futures broker PFGBest said it had effectively frozen customer accounts on Monday after a suicide attempt by the company's founder set off an investigation into possible "accounting irregularities."