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Canada’s main stock index closed down almost 100 points Thursday despite strength in energy stocks, while U.S. markets also moved lower a day after rating agency Fitch downgraded the U.S. government’s credit rating from AAA to AA+.

Canada’s main stock index fell in late-morning trading on Wednesday on broad-based losses as U.S. markets were also in decline.

Canada’s main stock index fell in late-morning trading as U.S. markets were also in decline.

Canada’s main stock index closed up more than 100 points Monday led by gains in tech and metals, while U.S. markets also rose.

Canada’s main stock index posted anemic gains Wednesday as a rise in battery metals, industrials and health care balanced out weakness in technology stocks, while U.S. markets were mixed after another central bank rate hike.

TORONTO — Strength in energy stocks helped buoy Canada’s main stock index Monday, while U.S. stock markets also posted gains.

Broad-based strength among Canadian equities led by battery metals helped lift Canada’s main stock index Wednesday, while U.S. markets also rose.

Canada’s main stock index gained almost 150 points, led by strength in the energy sector, while U.S. stock markets also rose.

Losses in the base metal and utility stocks helped lead Canada’s main stock index lower in late-morning, while U.S. stock markets were up to start the trading week.

Binance, the world's largest cryptocurrency exchange, is drawing traders in India to buy and sell cryptos on its platform while letting them cut deals in rupees — by either online fund transfers from domestic bank accounts, or using services like G-pay, or even physical delivery of cash. Here's a case where an overseas exchange is offering an 'escrow service' that virtually matches a local buyer and seller in an offshore marketplace though the payment is settled here in INR. The transactions are learnt to have attracted the attention of regulators in India. Technically, Binance may not be breaking any law here as it is not running a rupee bank account but simply acting as a neutral third-party, providing an 'escrow facility' for transfer of cryptocurrencies which are anyway not recognised as legal tender. However, chances are that the local traders, putting in 'advertisements' for buying or selling cryptos on the Binance site, which is replete with Indian log-in names, may be overstepping rules on exchange control and anti-money laundering.

Canada’s main stock index was down nearly 100 points, as losses in the technology sector helped lead the way lower, while U.S. stock markets fall fell in late-morning trading.

Gains in energy and battery metals helped lift Canada’s main stock index higher Tuesday as the price of oil also rose above US$70 a barrel.

Canada’s main stock index posted modest gains Wednesday as strength in energy and technology, among other sectors, helped outweigh weakness in base metals, while U.S. markets were mixed.

Canada’s main stock index rose almost 150 points Tuesday amid broad-based gains after a new report showed inflation slowed in May, while U.S. markets also rose on economic optimism.

Despite a «wild year» of scandal and failure in 2022 when the FTX exchange and a number of crypto dealers collapsed, Peter Smith, chief executive of London-based Blockchain.com, told the Qatar Economic Forum that there is now «real growth» in the crypto community. Smith, who said nearly a decade as head of Blockchain.com had left him with «no nerve endings», told how other countries were taking advantage of the void left by the US where some regulators were «openly negative about crypto». While some US legislators want to see rules for a cryptocurrency market, regulators there have taken a tough line because of fears of money laundering and scams such as the FTX collapse. Former FTX chief Sam Bankman-Fried is due to go on trial in New York in October.

cryptocurrency was lost in the month of April this year due to crypto-related exploits, hacks, and scams, a report has shown. According to the blockchain and smart contract security company CertiK, the total funds hackers managed to drain in April from crypto projects was $103.7 million, bringing the total year-to-date loss to $429.7 million. Several significant crypto exploits occurred in April, resulting in significant losses in the industry. For instance, there was a $25.4 million loss due to an exploit of multiple MEV trading bots. In addition, Bitrue Exchange was the victim of a hot wallet exploit in which $22 million was stolen, plus, the South Korean GDAC exchange was hacked, resulting in a $13 million loss, according to the report.

stablecoin got caught up in the collapse of a California bank late last week, it reprised the now-famous maxim of Nobuhiro Kiyotaki and John Moore. “Evil,” the economists had claimed in a 2001 lecture, later made available as a paper of the same title, “is the root of all money.” Turning a popular aphorism on its head was a ploy by the professors to enliven a technical discussion. “Evil is a strong word,” they wrote. “You may find the moral category too severe for something as mild as breaking a promise. In which case, you may want to change the title to ‘Distrust Is the Root of All Money.’ But that wouldn’t have quite the same ring.” Events last week showed that Kiyotaki-Moore may have been right, not just in their analysis but also in their hyperbole: People accept and hold money not because it circulates freely and is widely used to store value, but because it helps the society overcome the scourge of broken promises. For something to aspire to money-ness, it must be free of even the slightest doubt in that regard. That was clearly not the case with Circle Internet Financial Ltd.’s USD Coin, or USDC, the No. 2 dollar clone behind Tether. News that around 8% of the crypto firm’s reserves were on deposit at Silicon Valley Bank, which was closed down by regulators Friday, sent the price of the stablecoin sharply below $1, falling to less than 85 cents before recovering. In the language of money-market funds — the older, more conventional cousins of blockchain-based stablecoins — USDC broke the buck. Circle may still keep its promise of redeeming all its coins 1:1 for dollar. But a small doubt that it may not be able to do so arose. Even if briefly, USDC has lost its claim of being money.

money laundering laws will apply to trade in cryptocurrencies, the federal government said in a notification dated March 7. The exchange between virtual digital assets and fiat currencies, the exchange between one or more forms of virtual digital assets and the transfer of digital assets will be covered under money laundering laws, the notification said. The safekeeping or administration of virtual digital assets and the participation in financial services related to the offer and sale of virtual digital assets will also be covered, the notification added. India is yet to finalise legislation and regulations surrounding cryptocurrencies even as the country's central bank has cautioned against their use multiple times.

Several regions of Ukraine, including its capital, were facing a Russian missile attack early Thursday, the latest in a series targeting national infrastructure.

Kosovo Serbs who have been blocking roads in northern Kosovo for 19 days have agreed to start removing barricades from Thursday morning, bowing to calls by the EU and US to defuse tensions.

Exxon Mobil is suing the European Union in an attempt to force the bloc to scrap its new windfall tax on oil companies, according to reports on Wednesday.