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Canada a magnetic north for U.S. retailers

Canada a magnetic north for U.S. retailers

More U.S. retailers looking for fresh markets are turning to Canada, lured by their northern neighbor's resilient economy, strong currency and the familiarity with their brands.
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Gold Falls As Speculators Sell to Cover Equity Losses

Gold fell further on Monday after posting its worst closing since June last week but bargain hunters could cushion the fall, while escalating worries about Europe's ability to resolve its debt crisis sent bullion priced in euro to a record high.

China Inflation, Growth Cool, Heralding Rate Pause

China's inflation pulled back in August from a three-year high while economic activity slowed, underlining expectations that the central bank can hold off on further tightening of monetary policy in the face of a global economic slowdown.

China Inflation Cools; Monetary Tightening Put Off

China's inflation pulled back in August from a three-year high, underlining expectations that price pressures have peaked and the central bank can hold off on further tightening of monetary policy in the face of a global economic slowdown.
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Stocks, Gold Rise in Asian Trading

Asian stocks rose on Thursday following gains on Wall Street, with technology and consumer shares outperforming, and credit spreads tightened on optimism central banks around the world will have to do more to support industrial activity.
Shanghai's Ports

Asian Markets Gain More Than 1%

Asian stocks rose Thursday following gains on Wall Street, with technology and consumer shares outperforming, and credit spreads tightened on optimism that central banks worldwide will have to do more to support industrial activity.
Aussie Retail Sector Gets Boost from Global Players

S.Africa growth slows, boosts case for rate cut

South Africa's economy grew at its slowest pace in almost two years in the second quarter as the manufacturing and mining sectors slumped after strikes, boosting the case for interest rate cuts while denting the government's job-creation hopes.
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U.S. Stock Futures Point Lower

Stock index futures pointed to a weaker open for equities on Wall Street Tuesday after steep gains in the previous session, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 down 0.2 to 0.3 percent.
Autos propel Canadian retail sales higher in June

Rise in Canadian retail sales fails to impress

Canadian retail sales rose a seemingly healthy 0.7 percent in June from May, but the figure prompted little enthusiasm from analysts who noted a one-off jump in auto sales had fueled most of the gain.
Ferrari cars, including the F40 (R and 2nd R), F50 (2nd L) and Enzo sit on display during a show of luxury cars in Singapore

Asia's Wealthy Park Cash in Cars, Homes, Art and Wine

Adrian Tan owns two Mercedes sedans and is looking to buy a third car. The 36-year-old financial trader was shopping with his wife on a Singapore street lined with luxury car dealerships and said he may stick with Mercedes or go for an Audi or a BMW.
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April NPD Preview -- Expect Rebound in Software Sales Growth: Analyst

Wedbush Securities expects April U.S. retail video game console software sales data to be released by the NPD Group after the market close on May 12. The brokerage said April may be an anomalous month for software sales, with a rebound likely due to an outstanding lineup of blockbuster title.
China is facing destabilizing inflation: AEI Outlook

China is facing destabilizing inflation: AEI Outlook

China's inflation rate has reached a point where it is sparking social unrest, the American enterprise Institute's (AEI) latest outlook report has noted. Chinese premier Wen Jiabao's recent comment that inflation is a tiger that once set free is very difficult to put back in its cage[1] aptly characterizes the current inflation in his country. The world's second-largest economy faces some fundamental choices if it is to restore stability, says the report, which was au...
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Is your résumé sabotaging your career?

Jake was an unfortunate victim of the downturn in his chosen industry. Graduating in 2005 from a Master's in Aviation program, he entered the job market and was unsuccessful in securing a position in his field of interest. Then, with the global economic crisis just a few years later, he put his dreams on hold and decided to continue to work in the retail field for Sam's Club, not knowing if he would ever be able to use his degree to break into aviation.
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Global Markets Overview 04/14/2011

US stocks ended slightly higher on Wednesday after President Barack Obama detailed his plans for cutting the deficit and the Federal Reserve reported encouraging news on the economy.
Traders work on the floor of the New York Stock Exchange

Global Markets Overview 04/13/2011

U.S. stocks ended lower on Tuesday as Alcoa sales missed estimates and energy stocks declined as oil prices plunged more than 3 percent. Futures on major U.S. stock indices point to higher opening on Wednesday ahead of economic data including retail sales.

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