TSUNAMI

Canadian economy's trouble spots smoothing out

Canadian Finance Minister Flaherty waits while being introduced at the Calgary Chamber of Commerce in Calgary
Canadian industries are operating at a production capacity that is approaching pre-recession levels and the housing market remains strong, according to data on Thursday that offered the prospect of steady, if slower, economic growth.
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Q3 GDP beats Street, rebounds from Q2 fall

The Canadian economy grew at an annualized rate of 3.5 percent in the third quarter, recovering more solidly than expected from a 0.5 percent contraction in the second quarter that was linked to the impact of Japan's earthquake and tsunami.
Oil sands opponents turn focus to Enbridge project

Oil sands opponents turn focus to Enbridge project

Enbridge Inc's proposed C$5.5 billion ($5.3 billion) pipeline to British Columbia poses a raft of environmental risks, according to a new report that signals the project will become the next battleground over the future of Canada's oil sands.
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Bieber Fever dominates online search engine

Teen singing sensation Justin Bieber was named the most searched person this year on Internet search engine Bing on Monday, edging out reality TV star Kim Kardashian and Friends actress Jennifer Aniston.
Singer Bieber performs on NBC's "Today" show in New York

Bieber Fever dominates online search engine: survey

Teen singing sensation Justin Bieber was named the most searched person this year on Internet search engine Bing on Monday, edging out reality TV star Kim Kardashian and Friends actress Jennifer Aniston.
A dealer walks past an electronic board in the investors' gallery at the Amman Stock Exchange November 21, 2011.

Global Economic Recovery Petering Out: OECD

The global economic recovery is running out of steam, leaving the euro zone stuck in a mild recession and the United States at risk of following suit, the OECD said on Monday, sharply cutting its forecasts.
Ontario finance minister Duncan answers questions at a news conference after the Canadian finance ministers meeting in Kananaskis.

Ontario cuts growth targets, says budget on track

The Ontario government cut its growth, revenue and reserve targets on Wednesday, but said it was still on track to balance the budget in six years, without lowering total program spending or raising taxes.
Lee Ann Parham fills out paper work during the Chase Bank Veterans Day job fair in Phoenix

Third-quarter Growth Revised Down to 2.0 Percent

The U.S. economy grew at a slightly slower pace than previously estimated in the third quarter, but weak inventory accumulation amid sturdy consumer spending strengthened views output would pick up in the current quarter.
Men walk past a sign of Olympus Corp outside the company's showroom in Tokyo

Lenders Unlikely to Tighten Screws on Olympus, for now

Olympus Corp's creditors are not expected to demand changes in loan terms or take other abrupt steps and risk hurting their own interests when they meet company executives on Wednesday to grill them about the firm's huge accounting scandal, sources and analysts said.
A man walks past an advertisement of Japan's Olympus Corp in Tokyo

Japan's Q3 GDP Rebounds but Headwinds Remain

The Japanese economy came back to life the first time in four straight quarters, posting a 1.5 percent growth in the July-September quarter. According to data released by the Cabinet Office, the annualized growth of the economy was an impressive 6 percent.
U.S. President Barack Obama speaks at his news conference at the conclusion of the APEC Summit in Honolulu, Hawaii

Obama Takes Hard Line on Chinese Trade Practices

President Barack Obama told China Sunday that the United States was fed up with its trade and currency practices, as he turned up the heat on America's biggest economic rival at an Asia Pacific summit.

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