- NSF fee changes in place across Canada as government limits charges on personal accounts
New federal rules limiting non-sufficient funds charges have come into effect across Canada, reducing the amount banks can charge customers when they do not have enough money in their accounts.The government has introduced a cap of 10 dollars on NSF fees for personal deposit accounts. The rules...
- Adobe stocks drop after strong revenue but weak guidance for next quarter
Adobe shares dropped more than 6 per cent after the company reported strong first quarter results but issued a weaker than expected profit forecast.The software company reported revenue of 6.4 billion dollars for the quarter ending 27 February, a 12 per cent increase compared with the previous...
- Canada interest rates: what to expect amid rising oil prices and global uncertainty
The Bank of Canada is expected to announce its next interest rate decision on Wednesday, 18 March, with economists watching closely to see whether borrowing costs will change.According to reports, the central bank last held its key interest rate at 2.25 per cent in January. The rate has remained...
- Senate prioritizes Housing as Crypto bill hits new impasse, stalling Trump's 'Clarity Act' agenda
Senate prioritizes Housing as Crypto bill hits new impasse, stalling Trump’s ‘Clarity Act’ agenda A heated debate over landmark crypto legislation is ongoing, following the banks’ surprising revelation that they could not back a compromise pushed by the White House....
- South Korea markets sink as Kospi records worst day in decades amid Iran conflict
South Korea’s stock market suffered a major sell off Wednesday as the Kospi index plunged more than 12 percent, putting it on track for its worst trading day in decades.According to a report by CNBC, the sharp decline comes amid rising geopolitical tensions linked to the conflict involving...