Economic Indicators

India more promising than China over long term

Every time China and India are pitted against each other, experts tend to lean towards China as an investment destination of choice. Not this time.

By Staff |August 30, 2012

1 min read

RBC’s Q3 earnings up 73%

Royal Bank of Canada reported net income of $2,240 million for the third quarter 2012, up $946 million (73%) from the prior year. “RBC had a record quarter, driven by exceptional growth in our Canadian retail franchise and strong investment banking results,” says Gordon Nixon, RBC president and CEO. Further comparing this quarter to 2011, […]

By Staff |August 30, 2012

1 min read

TD reports record quarter earnings

TD Bank delivered a record quarter in Q3 2012, reflecting strong retail and wholesale earnings.

By Staff |August 30, 2012

2 min read

U.S. corps look to China for funding

Large U.S .corporations are beating the path to Chinese banks in a bid to secure additional funding sources. In an arrangement that works both ways, U.S. multinational companies are seeking to increase their presence in the world’s second-largest economy, which in turn provides opportunities for Chinese banks to strengthen their clout with large multinationals and […]

By Staff |August 29, 2012

1 min read