Industry

Mining returns may have peaked: PwC

The study, entitled Mine — As good as it gets, says that the global mining industry has not seen the effects of economic slowdown that hit other regions or sectors of the economy. In fact, the opposite is true — the sector has had explosive growth. Total shareholder returns for the top 40 mining companies […]

By Mark Noble |June 17, 2008

3 min read

Briefly:

(June 16, 2008) Financial services industry associations representing institutions from around the world want greater access to China’s domestic financial services market. “We urge G-8 finance ministers meeting in Osaka, Japan, to encourage China to further open the Chinese financial sector to greater foreign participation,” the groups said in a joint statement. “By helping to […]

By Staff |June 16, 2008

2 min read

Money market sales surge: IFIC

Investors were playing it safe in the month of May, preferring to park their money in short-term investments for the time being. Net inflows to the mutual fund industry topped $2.2 billion, according to the Investment Funds Institute of Canada. Long-term funds accounted for $752 million in net new sales, which is respectable considering sales […]

By Steven Lamb |June 16, 2008

3 min read

Stagflation creeping in: BMO’s Cooper

In her latest review on the economy, entitled The New Stagflation, Cooper says the world’s major central banks seem to be focused on inflation-fighting — the latest example being last week’s rate decision by the Bank of Canada not to cut its trend-setting bank rate. The reluctance of central banks to ease rates comes in […]

By Mark Noble |June 16, 2008

5 min read