TORONTO — Canada's main stock index moved lower Monday, led by losses in technology and utilities stocks, while U.S. stock markets were also down. The S&P/TSX composite index closed down 66.38 points at 25,625.42. In New York, the Dow Jones industrial average was down 240.59 points at 44,401.93. The S&P 500 index was down 37.42 points at 6,052.85, while the Nasdaq composite was down 123.08 points at 19,736.69. “It started pretty positive in the morning. It's just been slowly, slowly grinding down ever since,” said Michael Currie, senior investment adviser at TD Wealth. Some of the market direction Monday was driven by two separate news stories out of China, he said. “The (Chinese) central bank says they're starting to buy gold again, and they're looking to loosen their monetary policy a bit. So that helped oil a lot, helped gold a lot,” said Currie. China also said it’s investigating semiconductor giant Nvidia over suspected violations of anti-monopoly laws, which sent the company’s stock lower. Nvidia’s share price was down 2.6 per cent Monday at US$138.81. Otherwise, “it’s all about interest rates today,” said Currie. In the U.S., investors are awaiting the latest update on inflation later in the week. However, given that the slowing job market is more of a concern for the U.S. Federal Reserve at this point, the data is unlikely to change what investors currently expect from the Fed next week, said Currie: a quarter-percentage-point cut. “Unless there's something really crazy out of the inflation numbers, there’s no reason to expect anything different is going to happen next week,” he said. In Canada, where the central bank is gearing up for a rate decision Wednesday, a larger half-point cut is more likely, he said. Expectations for a bigger cut rose after last week’s jobs report, which saw the unemployment rate jump to 6.8 per cent in November. “The more we're cutting rates, especially the accelerated rate compared to the States, the more that just keeps beating up our dollar,” said Currie. He expects more buzz in the coming months about the divergence between interest rates in Canada and the U.S. as the loonie continues to weaken. “We're seeing it already, and as the gap gets bigger, it'll become more of a story.” However, Currie noted the TSX briefly touched an all-time high earlier in the day. “Basically since the US election, it's just been a non-stop rally,” he said. The Canadian dollar traded for 70.77 cents US compared with 70.74 cents US on Friday. The January crude oil contract was up US$1.17 at US$68.37 per barrel and the January natural gas contract was up 11 cents at US$3.18 per mmBTU. The February gold contract was up US$26.20 at US$2,685.80 an ounce and the March copper contract was up eight cents at US$4.28 a pound. — With files from The Associated Press This report by The Canadian Press was first published Dec. 9, 2024. Companies in this story: (TSX:GSPTSE, TSX:CADUSD) Rosa Saba, The Canadian Press
During power outages or in areas where electricity is unreliable, many people turn to portable generators for backup power. However, using a generator indoors, such as in a garage or basement, can be extremely dangerous. Generators emit high levels of carbon monoxide, which can quickly accumulate in enclosed spaces and pose a serious health risk. Generators should always be used outdoors in well-ventilated areas to prevent carbon monoxide poisoning.
A domestically made Hsiung Feng III medium-range supersonic missile is launched during an air force and navy drill in Pingtung County on May 24 last year.Photo: EPA-EFE / the Ministry of National Defense LOOKING FOR WHEELS:The military is seeking 8x8 single-chassis vehicles to test the new missile and potentially replace the nation’s existing launch vehicles, the source said By Lo Tien-bin and Jonathan Chin / Staff reporter, with staff writer 請繼續往下閱讀... Taiwan is developing a hypersonic missile based on the Ching Tien (擎天) supersonic cruise missile, and a Czech-made truck has been tentatively selected as its launch vehicle, a source said yesterday. The Ching Tien, formerly known as Yun Feng (雲峰, “Cloud Peak”), is a domestically developed missile with a range of 1,200km to 2,000km being deployed in casemate-type positions as of last month, an official said, speaking on the condition of anonymity. The hypersonic missile to be derived from the Ching Tien would feature improved range and a mobile launch platform, while the latter would most likely be a 12x12 single chassis truck designed by the Czech company Tatra, they said. The Oshkosh M983 is another vehicle being considered for the missile, they said. The military and the Ministry of National Defense-affiliated Chungshan Institute of Science and Technology, the missile’s designer, are reaching out to manufacturers about potentially buying tactical trucks, the official said. The hypersonic cruise missile would significantly boost the military’s deep strike capabilities, and using a mobile launch platform would make the system more survivable in combat, they said. The military additionally seeks to obtain an 8x8 single-chassis vehicle to serve as a test launch vehicle for the hypersonic missile and potentially a replacement for the existing fleet of Taiwanese launch vehicles, they said. The existing mobile launch platforms for domestically developed missiles are semitrucks that are more difficult to handle and time-consuming to deploy into position compared with single-chassis designs being used in Western militaries, they said. Earlier this year, the Ministry of National Defense published a solicitation for the development of heat-resistant ceramic materials and high-performance rocket engines in a first hint of a hypersonic missile program. Aerospace researcher and Chungshan Institute of Science and Technology adviser Su Yu-pen (蘇玉本) said at the time that Taiwan has the technological wherewithal to create a hypersonic weapon if composite materials could be designed for use in rocket engines. 新聞來源: TAIPEI TIMES 不用抽 不用搶 現在用APP看新聞 保證天天中獎 點我下載APP 按我看活動辦法However, in recent times, there has been a growing sense of disillusionment surrounding Mbappe's performances. Critics have pointed to his lackluster displays in crucial moments, his seeming inability to influence games when it matters most, and his perceived inconsistency on the big stage. Some have even gone so far as to label him as the most overrated player in the world.https://arab.news/c67az Jakarta: Indonesia’s new leader, President Prabowo Subianto, is seeking closer cooperation with the UAE on Jakarta’s industrialization efforts as he made his first official trip to Abu Dhabi since taking office last month. Indonesia’s relations with the UAE grew under former President Joko Widodo, who in 2021 secured a more than $46 billion investment commitment from the Gulf state. The two countries signed a free trade deal a year later, which came into force last September. The UAE was Prabowo’s last stop in his first foreign trip since becoming Indonesia’s new leader in October. “Now that I have earned the trust from my people to lead Indonesia, I want to continue our good relations,” Prabowo told UAE President Sheikh Mohamed bin Zayed Al-Nahyan during their first official meeting in Abu Dhabi on Saturday. Jakarta’s priorities are focused on defense, food security and energy security, he said, adding that the government also wants to implement a downstream policy that includes domestic processing of raw materials. “This means we want to perform a massive industrialization,” Prabowo said. “In this context, we see that the UAE and Indonesia have similar priorities. We can work together across different sectors and we want to invite the UAE to actively participate in our economy.” The two leaders also presided over the signing of several agreements as part of their meeting, covering areas such as technology, renewable energy, infrastructure and health. “They agreed to increase trade between the two countries, specifically by optimizing the utilization of Indonesia-UAE CEPA,” Indonesian foreign ministry spokesperson Roy Soemirat told Arab News on Sunday. “President Prabowo welcomed the UAE president’s invitation to strengthen cooperation in infrastructure and collaboration in international forums to resolve global issues, including peaceful conflict resolution.” Prabowo’s visit to Abu Dhabi was his second this year, following a trip in May as president-elect. He was concluding his first overseas trip as president, which also included stops in China, the US, and the UK.Nevertheless, Musk's success story is a testament to the power of entrepreneurship, innovation, and determination. His ability to disrupt traditional industries, challenge the status quo, and inspire others to dream big has earned him a place among the most influential and impactful leaders of our time.
Furthermore, the economic transformation and development of Hebei province have also played a role in the consolidation of the banking sector. As the province transitions from a traditional industrial economy to a more diversified and service-oriented economy, the demand for sophisticated financial services has increased. Larger banks are better positioned to meet these demands by offering a wider range of products and services, as well as leveraging their stronger capital base and technology capabilities.Ministers warned of cuts as ‘every pound’ of spending to face review
Furthermore, Tencent Video has assured its loyal customers that the quality of service and the range of available content will not be compromised by this change. The platform will continue to invest in creating high-quality original content, acquiring exclusive rights to popular TV shows and movies, and improving its technology to deliver a seamless viewing experience for subscribers.
In conclusion, the rating of 7.8 on Douban for "I Am a Criminal Detective" is a reflection of its ability to captivate audiences with its realistic portrayal of grassroots criminal investigation. While the show may have its flaws, its strengths lie in its attention to detail, character development, and engaging storyline. As a seasoned editor, I believe that "I Am a Criminal Detective" offers a glimpse into the gritty and challenging world of criminal investigation, making it a compelling watch for those interested in the genre.
Italian media are reporting that Napoli has exercised their €5 million buyout option to acquire the services of Eljif Elmas on a permanent basis from Fenerbahçe. The 22-year-old midfielder has been on loan at Napoli since 2019 and has impressed with his performances, leading the club to trigger the buyout clause in his loan agreement.'Ailing' Bushra won't participate in PTI's final showdown: spokesperson PTI founder's wife will not be able to join party’s final call protest due to illness, confirms Gohar Ali Khan A spokesperson of the incarcerated Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan's wife Bushra Bibi, Mashal Yousafzai, said on Saturday that the former first lady would not be able to attend the party's much-hyped protest on Sunday (today) due to ill health. The statement from Bushra's spokesperson came on the eve of former ruling party' much-hyped "decisive" anti-government protest in Islamabad. PTI Chairman Barrister Gohar Ali Khan also confirmed that the former first lady would not participate in the PTI demonstration due to ill health. He made the statement while speaking on the Geo News programme "Naya Pakistan". Bushra has recently faced a strong reaction from government officials for her recent video message wherein she accused Saudi Arabia of playing a role in Khan’s ouster as premier. In a video message shared on PTI’s official X handle, Bushra alleged that Saudi officials had expressed displeasure over ex-prime minister Khan’s "barefooted" visit to Madina. She had also urged PTI supporters to join much-hyped protest on November 24 in Islamabad. However, Imran rebuffed the government’s impression, saying that he has "excellent relations" with Saudi Arabia. Sources closer to the former ruling party told Geo News that the former first lady had been busy participating in political activities since November 1 and also held meetings with the PTI leaders regarding preparations for the November 24 demonstration. They also revealed that the incarcerated PTI founder had sent a message to Bushra to stay out of political matters after her statement backfired at a crucial time when his party was mounting pressure on the government for his release. Following her statement that stirred a controversy, cases were registered against Bushra, under the Telegraph Act of 1885 a day ago. The FIRs were lodged in Dera Ghazi Khan and other cities, accusing her of inciting hatred through her video statement, The News reported. According to the police, legal proceedings were underway under Section 126 of the Telegraph Act and other relevant laws. A case of cybercrime offence was also under consideration that would be taken up by the Federal Investigation Agency’s (FIA) Cybercrime Wing within a day, it added. PTI, govt talks face stalemate as Islamabad braces for 'final showdown' Security forces gun down three militants in KP 30 killed, 20 injured as tribal clashes rock KP’s Kurram Govt warns PTI against bringing ‘armed groups’ to Islamabad
As the countdown to the opening bell of the A-share market begins, let us embrace this moment of celebration and anticipation with a sense of optimism and determination. The road ahead may be paved with challenges and obstacles, but with courage, resilience, and a keen understanding of the market dynamics, we can navigate through the twists and turns of the financial world and emerge stronger and wiser.
The players, coaching staff, and management at Real Madrid understood the gravity of their decision. They knew that it would require sacrifices on multiple fronts - physically, mentally, and emotionally. The grueling training sessions, the late nights, the sacrifices of time with loved ones - all were necessary in order to prepare for the challenges that lay ahead.
WASHINGTON (AP) — President-elect Donald Trump's incoming administration is set to be less diverse than President Joe Biden's administration, but several people of color and women appear likely to serve in top roles. While Trump vigorously campaigned against diversity and inclusion efforts in business and government, his Cabinet selections and other high-profile staffing choices include some barrier-breaking nominations. The Cabinet, if confirmed, is set to be one-third women and include some historic firsts. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get any of our free email newsletters — news headlines, obituaries, sports, and more.As the 2022 World Cup draws near, Mbappé finds himself in a new position - one where he must prove himself all over again. No longer can he rely on the safety net of being the team's star player; instead, he must embrace the competition and rise to the occasion. The French team, with its mix of established stars and up-and-coming talents, presents a unique opportunity for Mbappé to showcase his abilities on the world stage once more.
Zuora Reports Third Quarter Fiscal 2025 Results
Judge: No prison in Uhuru-Russian conspiracy case; ‘This was political speech’Sabato: Bills can't afford to take foot off the gas coming out of the bye