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Japan’s PM Abe Pledges ‘Unprecedented’ Stimulus To Combat Coronavirus Fallout

Japan’s PM Abe Pledges ‘Unprecedented’ Stimulus To Combat Coronavirus Fallout

The government will compile a supplementary budget for the fiscal year beginning in April in the next 10 days to fund the package, Japanese PM Shinzo Abe added. TOKYO — Japanese Prime Minister Shinzo Abe said on Saturday his government will compile an unprecedentedly big economic stimulus that will include cash payouts to households and […]

April 6th, 2020 | Posted in Business | Read More »

Global Tech Giants Google, Facebook Seek To Defer Indian Digital Tax

Global Tech Giants Google, Facebook Seek To Defer Indian Digital Tax

India announced last week that, from April 1, all foreign billings for digital services provided in the country would attract a 2% tax. Foreign billings are where companies take payment abroad for a service provided to customers in India. NEW DELHI – Big US tech firms such as Google and Facebook plan to seek deferment […]

April 6th, 2020 | Posted in Business | Read More »

Canadian Grain In Big Demand Amid Pandemic With Shipments Abroad Rising

Canadian Grain In Big Demand Amid Pandemic With Shipments Abroad Rising

WINNIPEG – Canadian grain is in high demand as shippers try to feed a growing appetite from mills and governments seeking to shore up staple reserves amid the COVID-19 pandemic. Grain shipments at the Port of Thunder Bay in Ontario doubled year over year in March, with vessels loading 200,000 tonnes last week and higher […]

April 6th, 2020 | Posted in Business | Read More »

The Phenomenon Of Mobile Gaming In Canada

The Phenomenon Of Mobile Gaming In Canada

Mobile gaming is not a new phenomenon. As far back as the 1990s, Nokia owners could play simple games like Snake on their phones. The world has moved on a lot since then. Advances in technology mean that many Canadians now use their phone for gaming every day. The games are also very different from […]

April 1st, 2020 | Posted in Business, Link News | Read More »

$5 Billion BC COVID-19 Economic Plan Unveiled To Help People And Businesses

$5 Billion BC COVID-19 Economic Plan Unveiled To Help People And Businesses

VICTORIA – BC government is pumping $5 billion into the economy to help British Columbians affected by the COVID-19 pandemic. The $5 billion in income supports, tax relief and direct funding will help people, businesses and services. “The COVID-19 pandemic challenges our health, our economy and our way of life. People and businesses urgently need […]

March 24th, 2020 | Posted in Breaking News, Business, International, Lead Story, News, South Asian, Top News | Read More »

YES Bank To Get RBI’s Liquidity Boost If Needed, Says Governor

YES Bank To Get RBI’s Liquidity Boost If Needed, Says Governor

On March 5, RBI imposed a moratorium on YES Bank and superseded its board, capping all withdrawals by depositors at Rs 50,000. NEW DELHI – Reserve Bank of India (RBI) governor Shaktikanta Das on Monday assured all depositors of YES Bank Ltd that their money is safe and there is no reason to withdraw cash […]

March 21st, 2020 | Posted in Business | Read More »

Gold Falls Further As Investors Rush To Hoard Cash

Gold Falls Further As Investors Rush To Hoard Cash

Autocatalyst metals platinum and palladium rose more than 5% each in early trade before paring gains. The metals were the worst hit in Monday’s free fall since they are also considered industrial metals. MUMBAI – Gold prices fell almost 2% on Tuesday, extending losses from the previous session’s meltdown, as investors continued to sell assets […]

March 21st, 2020 | Posted in Business | Read More »

Canada To Avoid Technical Recession Despite Hit, Says Conference Board

Canada To Avoid Technical Recession Despite Hit, Says Conference Board

It expects business investment and exports to substantially decline and consumer spending to ease in the second quarter as the impact of COVID-19 takes hold. TORONTO — The Conference Board of Canada expects the country will avoid a technical recession as the economy rebounds from a 2.7 per cent contraction in the second quarter, reported […]

March 21st, 2020 | Posted in Business | Read More »

Health Emergency Declared In BC Declares As Coronavirus Count Jumps To 186

Health Emergency Declared In BC Declares As Coronavirus Count Jumps To 186

SURREY – It looks like the deadly COVID-19 pandemic is going to get worst in BC before it gets better as a single day jump by 83 new cases of the virus with three new deaths has forced the BC government to declare Public Health Emergency in the province. The province has now recorded a […]

March 18th, 2020 | Posted in Breaking News, Business, Health, International, Lead Story, Link News, News | Read More »

Canada’s Pace Of Housing Starts In February Slowed Compared With January

Canada’s Pace Of Housing Starts In February Slowed Compared With January

OTTAWA – The annual pace of housing starts fell in February compared with January, but still came in stronger than economists had expected. Canada Mortgage and Housing Corp. said Monday the seasonally adjusted annual rate of housing starts slipped to 210,069 units in February compared with 214,031 in January, reported Canadian Press. Economists on average […]

March 14th, 2020 | Posted in Business | Read More »