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TORONTO: Canada's main stock market index closed above 20,000 on Friday for the first time, extending a sharp rebound from its low last year during the COVID-19 crisis as higher commodity prices bolstered the shares of resource companies.
TORONTO: Canada's main stock market index moved above the 20,000 threshold for the first time on Tuesday, while the loonie notched a six-year high, with sentiment boosted by higher commodity prices and data showing strong growth in the domestic economy.
NEW YORK/LONDON: Commodity prices jumped, the dollar slid to a two-month low and major global equity indexes scaled record peaks on Friday after weak U.S. jobs data for April tamped down fears that a booming economy would spark inflation and higher interest rates.
NEW YORK: Cboe Global Markets Inc has agreed to buy Chi-X Asia Pacific Holdings Ltd from private equity firm J.C. Flowers & Co LLC, expanding the exchange’s reach into Japan and Australia.
PETALING JAYA: AirAsia Group Bhd plans to acquire the remaining 20% stake in BigLife Sdn Bhd, the operator of AirAsia’s customer loyalty programme BIG Rewards, for RM103.04mil via issuance of new shares.
TORONTO: Billionaire investor Mike Novogratz’s Galaxy Digital Holdings Ltd has said its asset management unit has grown to about US$1.2bil after launching new products, including a bitcoin mutual fund in partnership with Canada’s CI Financial Corp.
TORONTO (Reuters) - Canada's main securities regulator has cleared the launch of the world's first bitcoin exchange traded fund, an investment manager said on Friday, providing investors greater access to the cryptocurrency that has sparked an explosion in trading interest.
TORONTO: Canada's main securities regulator has cleared the launch of the world's first bitcoin exchange traded fund, an investment manager said on Friday, providing investors greater access to the cryptocurrency that has sparked an explosion in trading interest.
TORONTO: Canada's main stock index rose to a record high in late morning trade on Thursday, boosted by cannabis stocks and hopes for an extended U.S. stimulus package to aid economic recovery after Democrats took control of the Senate