Canadian housing starts in June fell 3% from the previous month on a decline in both multi-unit urban and single-detached starts, data from the national housing agency showed on Monday.…
Category: Business
Delta to buy 100 Boeing 737 MAX 10 planes
Delta Air Lines (DAL.N) will buy 100 Boeing (BA.N) 737 MAX 10 jets worth about $13.5 billion at list prices and has options to buy another 30, the U.S. carrier…
Mexico’s unicorns unlikely to IPO locally, says Mexican exchange CEO
Mexico’s tech startups may be enjoying a boom, but its top stars are unlikely to list on the country’s own stock market, the national exchange’s chief executive told Reuters in…
Canada sends repaired Nord Stream turbine to Germany, Kommersant reports
Canada sent a turbine for the Nord Stream gas pipeline to Germany by plane on July 17 after repair work had been completed, Kommersant newspaper reported on Monday, citing people…
JPMorgan hires Kelvin Goh for Asia Pac role, memo says
JPMorgan (JPM.N) has hired Kelvin Goh from rival Citigroup (C.N) to be its head of financial institutions group (FIG) for Asia Pacific, according to a memo. Goh held the same…
Foreigners dump Asian bonds in June on rising U.S. yields
Overseas investors disposed of a combined net total of $5.08 billion in Indonesian, Thai, Malaysian, South Korean and Indian bonds last month, marking the biggest monthly outflow since March, regulatory…
China raises loan-support efforts for developers amid mortgage boycott
Chinese regulators stepped up efforts to encourage lenders to extend loans to qualified real estate projects as the beleaguered property sector faced fresh risks from a widening mortgage-payment boycott on…