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Hong Kong shares soar 5%, leading Asian market gains

Hong Kong shares soar 5%, leading Asian market gains

TOKYO (AP) — Hong Kong’s share benchmark soared more than 5% on Wednesday as Asian shares tracked gains on Wall Street. New Zealand’s share benchmark rose 0.7% after its central bank hiked its benchmark interest rate to 3.
The AP Interview: Ukraine aims to restart occupied reactors

The AP Interview: Ukraine aims to restart occupied reactors

KYIV, Ukraine (AP) — Ukraine is considering restarting Europe’s largest nuclear plant to ensure its safety just weeks after fears of a radiation disaster at the Russian-occupied facility, the president of the company that operates the plant said Tues
Deal back on? Elon Musk gets closer to buying Twitter

Deal back on? Elon Musk gets closer to buying Twitter

The tumultuous saga of Elon Musk's on-again off-again purchase of Twitter took a turn toward a conclusion Tuesday after the mercurial Tesla CEO proposed to buy the company at the originally agreed-on price of $44 billion .
CIBC announces Shawn Beber as new head of U.S. operations

CIBC announces Shawn Beber as new head of U.S. operations

TORONTO — The Canadian Imperial Bank of Commerce has appointed Shawn Beber as its new head of U.S. operations.
Louis Vuitton's 'blow up' show caps energetic fashion season

Louis Vuitton's 'blow up' show caps energetic fashion season

PARIS (AP) — The funfair lights at Louis Vuitton shone as brightly as the starry front row Tuesday for the vibrant and infectious spring collection from Nicolas Ghesquiere that capped Paris Fashion Week.
Federal cabinet ministers OK temporary production increase at Nunavut iron ore mine

Federal cabinet ministers OK temporary production increase at Nunavut iron ore mine

POND INLET, Nunavut — Federal cabinet ministers have approved a temporary production increase for an iron ore mine on the northern tip of Baffin Island, preventing potential job losses in Nunavut.
S&P/TSX composite up almost 500 points in broad-based rally, U.S. markets also up

S&P/TSX composite up almost 500 points in broad-based rally, U.S. markets also up

TORONTO — A broad-based rally pushed Canada's main stock index up by almost 500 points Tuesday, in a continued strong start to the final quarter of the year buoyed by hopes that central banks’ rate hikes are having their intended effect.
Retreating Russians leave their comrades' bodies behind

Retreating Russians leave their comrades' bodies behind

LYMAN, Ukraine (AP) — Russian troops abandoned a key Ukrainian city so rapidly that they left the bodies of their comrades in the streets, offering more evidence Tuesday of Moscow's latest military defeat as it struggles to hang on to four regions of
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,370.99, up 489.80 points.) Toronto-Dominion Bank. (TSX:TD). Financials. Up $1.62, or 1.88 per cent, to $87.99 on 15.7 million shares.
New rules coming for mortgage brokers following B.C.'s money laundering probe

New rules coming for mortgage brokers following B.C.'s money laundering probe

VICTORIA — The British Columbia government is bringing in new laws to replace the outdated Mortgage Brokers Act as it follows recommendations from an inquiry into money laundering.