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Negative interest rates are a sign of downward price pressure.
WASHINGTON — The idea sounds preposterous: Pay the bank to hold your money? But the Bank of Japan on Friday joined European central banks by introducing negative interest rates — that is, charging, no...
Financial markets are likely in for a bumpy ride in the coming years -- what we now see is perhaps a foretaste. Hiding from the ups and downs isn't likely an option. Looking for this period's manifold opportunities could actually be exciting.
Bubbles occur all the time, along with financial inventions. The most recent, and controversial, launched in 2009: A virtual currency called Bitcoin that enabled holders to trade directly and to hide their assets from governments.
TORONTO - The Toronto stock market closed lower for a third session Thursday as further weak employment data raised worries about slowing U.S. economic conditions.The S&P/TSX composite index fell 59.0...
TORONTO - The Canadian dollar tumbled more than a U.S. cent while the U.S. dollar strengthened following a move by the Bank of Japan to control the rise of the yen. The loonie fell 1.02 cents to 102.8...