Economy · 7 d ago
South Korea's chip boom lifts third-quarter growth to 1%
Real GDP grew 1 per cent from the previous quarter, more than three times the Bank of Korea's August forecast of 0.3 per cent, preliminary data showed Tuesday.
Economy
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The economy and business in short stories.
Wednesday, Oct 28
Economy · 7 d ago
Bank of Canada - Banque du Canada from Canada · CC BY 2.0 · Wikimedia Commons
Canada opens a 60-day consultation on stablecoin rules
The Department of Finance published the draft rules in the Canada Gazette on Oct 24. Public comments are due Dec 23.
Economy · 7 d ago
Ovintiv to buy Canadian producer Logan Energy in a US$890-million all-cash deal
Ovintiv would pay C$1.40 in cash for each Logan share. With shares in a spun-out company and warrants, shareholders would get about C$1.48 per share in total.
Tuesday, Oct 27
Economy · 8 d ago
Healey to shield low-income pensioners from income tax in the Budget
The full state pension is expected to rise 3.9 per cent to £13,036.40 from April, above the £12,570 personal allowance.
Economy · 8 d ago
EQT agrees to buy rival gas producer Range Resources in an all-stock deal
The combined company would have an enterprise value of more than US$50 billion. Each Range share will be exchanged for 0.987 EQT shares.
Economy · 8 d ago
The US Fed is expected to hold rates this week, but more hikes may follow
Rate futures price a 90 per cent chance the Fed holds its rate at 3.75 to 4.00 per cent at its Oct 27-28 meeting. Inflation picked up last month, and a rate hike in September was the Fed's latest move.
Economy · 8 d ago
The FTC and 20 states sue Dollar General over deceptive pricing
The US Federal Trade Commission says the chain charged customers more at the register than the prices shown on shelves and in advertisements. The complaint was filed in federal court in Tennessee.
Economy · 8 d ago
K2HWY · CC BY 4.0 · Wikimedia Commons
US steel, not overseas dumping, dominates Canada's galvanized steel imports
Of 625,726 tonnes of galvanized and coated steel sheet imported in the first nine months of 2026, 54.1 per cent came from the United States.