Investments

Housing bubble to burst

When will the Canadian housing market bubble burst? Soon, says a recent report by Royal LePage.

By Staff |August 7, 2012

1 min read

Eurozone: All talk, no action

Last week, the world held its breath as Italy’s Mario Monti visited France’s François Hollande. But in predictable fashion, nothing beyond a cup of coffee and a nice photo op came out of the meeting.

By David Andrews |August 7, 2012

4 min read

$7-million market manipulation unearthed

The executive director of the BCSC has issued a temporary order and notice of hearing alleging five B.C. residents engaged in a $7 million market manipulation. The regulator’s notice alleges Thalbinder Singh Poonian, Shailu Sharon Poonian, Robert Joseph Leyk, Manjit Singh Sihota and Perminder Sihota participated in a scheme to manipulate the share price of […]

By Staff |August 7, 2012

1 min read

Knight Capital receives lifeline after trading error

Knight Capital Group—the firm responsible for last week’s stock market mayhem—was offered a US$400 million lifeline from other Wall Street companies yesterday. But, the handout comes at a steep price. Knight says it will get the cash infusion from an investor group led by Jefferies Group, as well as Blackstone, Getco, Stephens, Stifel Nicolaus and […]

By Wire services |August 7, 2012

3 min read