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Canadian dollar hits six-week high after strong data

Canadian dollar hits six-week high after strong data

The Canadian dollar touched a six-week high against its U.S. counterpart on Thursday after Canadian manufacturing data beat expectations and solid demand at a euro zone debt auction eased investor fears about Europe's sovereign debt crisis.
November factory sales rebound after hiccup

November factory sales rebound after hiccup

Canadian manufacturing sales rebounded in November to their highest level since October 2008 after a mild downturn in October, led by the machinery, automotive and energy sectors, Statistics Canada said on Thursday.
Amazon Kindle Fire

Amazon Kindle Fire May Be More Profitable Than Expected

Amazon.com, Inc. (NASDAQ:AMZN) began shipping its much-anticipated Kindle Fire tablet Nov.14, a day earlier than its original Nov.15 shipping date. There are some assumptions that Amazon is selling its tablet for a loss at $199, but it doesn't appear to be the case considering the long-term aspects of the device.
FDA Warns Against Illegal Stem Cell Treatments

FDA Warns Against Illegal Stem Cell Treatments

The Food and Drug Administration voiced concern on Monday that the hope that patients have for cures, not yet available, may leave them vulnerable to unscrupulous providers of stem cell treatments that are illegal and potentially harmful.
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Top Five Drivers of India's Inflation

Observers of India's economy may wonder why inflation has persistently remained high over recent years - much higher than that in many other Asian economies.
Samsung 55-inch Super OLED

OLED TVs Dominate CES 2012, But be Cautious

The most buzzed about items at the 2012 International CES were undoubtedly OLED televisions - namely Samsung's and LG's - but questions remain whether the items are more than just another hyped, yet useless gadget.
TSX little changed, Kinross drop offsets China

TSX little changed, Kinross drop offsets China

Toronto's main stock index was slightly lower on Tuesday as losses from gold miners offset the impact of an early surge in commodity prices that were boosted by solid economic data from China and Germany.
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NY Manufacturing's Growth Rate Rose in Jan - Fed

A gauge of manufacturing in New York State showed growth picked up in January, rising to the highest level in nine months as new orders and employment improved, the New York Federal Reserve said in a report on Tuesday.
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Wall Street set to open higher on China data

Stocks were set to open higher on Tuesday as Chinese data fueled the belief the government may move to stimulate growth, overshadowing recent credit downgrades in Europe and a mixed bag of bank earnings.
ASUS Eee Pad Transformer Prime

Apple iPad 3 vs ASUS Transformer Prime TF700T: Quad-Core War Ahead

ASUS has selected to roll out the next tablet version, Eee Pad Transformer Prime TF700T, which is expected to come with Android 4.0 Ice Cream Sandwich. The battle between ASUS and Apple Inc. is anticipated to grew, as both tablet makers are bringing out their best weapons.
Employees weld automobiles at Anhui Jianghuai Automobile Co. Ltd (JAC Motors) in Hefei

China GDP at 2-1/2 Year Low but Beats Forecast

China's economy grew at its weakest pace in 2- years in the latest quarter, and it appeared headed for an even sharper slowdown in the coming months as export demand fades and the housing market falters.
Chinese New Year

China's 4Q GDP Growth Slowdown to 8.9% Won't Affect U.S. Automakers

China's GDP growth in the fourth quarter of 2011 dipped to 8.9 percent, down from 9.1 percent in the prior quarter, but the Chinese government will likely take steps to ensure that a slowdown does not harm global manufacturers that increasingly look to China for new consumers.

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