The rainy season has started, so the state weather agency has declared. The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) declared the “onset of the country’s rainy season on Wednesday, May 29 with the occurrence of scattered rain showers, frequent thunderstorms, the passage of Typhoon ‘Aghon,’ and the prevalence …
Read More »Japan yields set for biggest monthly rise
TOKYO — Benchmark Japanese government bond (JGB) yields rose on Friday, headed for their biggest monthly rise since last July, as investors positioned for further policy tightening by the Bank of Japan (BoJ). The 10-year JGB yield ticked 1 basis point (bp) higher to 1.065 percent as of 0423 GMT, …
Read More »Canada’s GDP grew less than expected. Will a rate cut follow?
Statistics Canada says spending by Canadian households helped the economy grow at an annualized rate of 1.7 per cent in the first three months of the year. Economists say this may increase odds of Bank of Canada interest rate cut Spending by Canadian households helped the economy grow at an …
Read More »Something wrong with your car? Here’s how Canada’s vehicle recall system works
As Nissan issues a ‘do not drive’ warning for 48,000 vehicles in Canada — and urges car owners to get their recalled vehicles repaired — here’s what you need to know to know about Canada’s recall system, and how to ensure that your car isn’t overdue for a safety recall. …
Read More »Faster GDP growth seen in 2nd quarter
The bustling city landscape of Metro Manila is photographed on January 30, 2024. (STAR / Ernie Penaredondo) MANILA, Philippines — The country’s gross domestic product (GDP) growth will likely accelerate to 5.9 percent in the second quarter from 5.7 percent in the first quarter, supported by high employment, government spending …
Read More »Mortgage debt is growing at its slowest pace in 23 years — but that could be short-lived, says CMHC
Mortgage debt grew at its slowest pace in 23 years in February, amid high borrowing costs and reservations related to the Bank of Canada’s key interest rate — but the slowdown likely won’t last, according to Canada’s housing agency. Higher home sales and prices forecast in the coming years. Mortgage …
Read More »Ancient tool discovered in Saskatoon strawberry patch highlights city’s rich archaeological history
A fist-sized piece of granite pulled from a strawberry patch speaks to the history hidden beneath the paved streets and manicured yards in Saskatoon. ‘Grooved maul’ likely used at buffalo processing site at what is now city’s southern edge. It’s a fist-sized piece of granite that speaks to the history …
Read More »Family pursuing negligence lawsuit after son dies at Trenton high school
A Trenton, Ont., family plans to pursue a civil lawsuit over the death of their 16-year-old son after he was allegedly left unattended in a private room at a local high school earlier this month. Landyn Ferris was a Grade 10 student at Trenton High School who had Dravet syndrome, …
Read More »Yellowknife woman identified as U.S. fugitive wanted in deadly 1994 crash
Kate Dooley, who lived in Yellowknife, died in December 2019. (Submitted by Kimberley Smale. ) A woman who lived in Yellowknife has been identified as a U.S. fugitive wanted in connection with a fatal drunk driving crash in Scottsdale, Ariz, police say. Gloria Schulze, who lived in Yellowknife under the …
Read More »How about lies moratorium?
“China said the anti-trespassing law is contained in the Coast Guard Law of 2021 and the provisions of the edict aim to provide clear and practicable norms. The pernicious fishing “moratorium” that China has imposed in the disputed areas is being made up to be a measure in support of …
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