The S&P/TSX composite index plummeted almost 605 points on Monday as it joined a worldwide market sell-off prompted by growing fears of a U.S. recession. The benchmark index finished at 12,132.14 - a loss of 4.8 per cent. That's its biggest one-day percentage loss since February 2001. Some of the losses Monday were breathtaking. Research in Motion lost $6.80 to $84.50; Potash Corp. dropped $5.93 to $119.57; First Quantum Minerals shed $8.11 to $67.35; Suncor fell $4.52 to $88.32; BCE dropped $1.95 to $34.42. Drop hit all sectors Every sector was deeply in negative territory, led by resource and financial stocks. The TSX metals and mining index dropped 7.6 per cent; the energy group slumped 5.7 per cent; financials fell 3.9 per cent. "One hopes this is the cathartic sell-off that gives us a foundation to work back from," CIBC Wood Gundy managing director Dunnery Best told CBC News. Monday's sell-off slashed another $95...
The S&P/TSX composite index plummeted more than 500 points in morning trading Monday as it joined a worldwide market sell-off prompted by growing worries of a U.S. recession. - The benchmark...
After more than two decades in the international banking doldrums, Japan is back. Japan's Nomura Holdings is to pay up to $525 million for Lehman's Asia Pacific franchise and is front-runner to...
After more than two decades in the international banking doldrums, Japan is back. Japan's Nomura has agreed to buy Lehman Brothers' equities and investment banking business in Europe and the...
TiVo, the popular U.S. television-recording device, is finally arriving in Canada in early December. - The TiVo set-top device, which allows viewers to record shows and skip commercials,...
Hong Kong shares rebound on Thursday(October 9), after recording a nearly 13 percent slide so far this week, helped by coordinated central bank action around the world and a raft of favourable...
Asia stocks largely gained on Thursday with investors gaining confidence following solid business spending data out of the United States. Japan's Nikkei rose 3 percent (14,124) its best daily gain...
Asia stocks ended the week on a high note with investors soothed by signs of bigger than expected economic growth figures in the United States. Exporters such as Toyota were among the top gainers....
While consumers in the United States struggle with rising fuel prices, Venezuela's gasoline the cheapest in the world at 12 cents per gallon. Venezuelan President Hugo Chavez, a fierce...
Japan's top mobile phone player, NTT docomo, is looking for overseas acquisitions amid tough competition at home. New CEO Ryuji Yamada says a recent 30% stake in a Bangladesh carrier is just the...
Asia stocks dropped for a fourth consecutive session on Wednesday with sky high oil prices and inflation woes punishing markets across the region. Japan's Nikkei fell 1.3 percent (13,286 ) with...
Truveo video search lets you search and find videos from across the Web. Use Truveo to find all types of online video including hit television shows, full-length movies, breaking news clips, sports highlights, music videos, or the latest viral videos. If you are looking for a specific video, Truveo video search can help you find exactly the video you want. Truveo can also help you browse through video across the web and discover new videos that you might like.