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Asian shares deepen losses, with Tokyo's Nikkei down 5%, as latest US tariffs take effect

Asian shares deepen losses, with Tokyo's Nikkei down 5%, as latest US tariffs take effect

BANGKOK (AP) — Japan's Nikkei 225 dipped more than 5% and other Asian shares also sank Wednesday as the latest set of U.S. tariffs, including a massive 104% levy on Chinese imports, took effect .
Owner of three shopping malls in B.C. says she wants to buy Hudson's Bay

Owner of three shopping malls in B.C. says she wants to buy Hudson's Bay

A Chinese billionaire in British Columbia has taken to social media to announce her plans to buy dozens of Hudson's Bay locations after she saw "Canadians feeling sad" over the collapse of the retail giant.
The International Monetary Fund reaches a preliminary deal with Argentina on a $20 billion bailout

The International Monetary Fund reaches a preliminary deal with Argentina on a $20 billion bailout

BUENOS AIRES, Argentina (AP) — The International Monetary Fund on Tuesday said it has reached a preliminary, staff-level agreement with cash-strapped Argentina on a $20 billion bailout, providing a welcome reprieve to libertarian President Javier Mil
IRS acting commissioner is resigning over deal to send immigrants' tax data to ICE, AP sources say

IRS acting commissioner is resigning over deal to send immigrants' tax data to ICE, AP sources say

WASHINGTON (AP) — The acting commissioner of the Internal Revenue Service is resigning over a deal to share immigrants' tax data with Immigration and Customs Enforcement for the purpose of identifying and deporting people illegally in the U.S.
US stocks dive after another stunning reversal as uncertainty reigns about Trump's tariffs

US stocks dive after another stunning reversal as uncertainty reigns about Trump's tariffs

NEW YORK (AP) — U.S.
Keystone oil pipeline shutdown could quickly lead to higher gasoline prices

Keystone oil pipeline shutdown could quickly lead to higher gasoline prices

The Keystone oil pipeline was shut down Tuesday morning after it ruptured in North Dakota, halting the flow of millions of gallons of crude oil from Canada to refineries in the U.S. and potentially leading to higher gasoline prices.
Rogers' 3G customers to face $3 'legacy' charge as company plans to retire network

Rogers' 3G customers to face $3 'legacy' charge as company plans to retire network

TORONTO — Some Rogers customers are set to face a new monthly charge for using the company's older networks as it prepares to retire the technology. Rogers Communications Inc.
Oilpatch better able to weather low crude price than in past, industry players say

Oilpatch better able to weather low crude price than in past, industry players say

CALGARY — Canada's oilpatch should be better able to weather the current slump in crude prices than it was during past downturns, industry players said Tuesday.
Markets fall for fourth day in reversal of earlier rally amid ongoing tariff fears

Markets fall for fourth day in reversal of earlier rally amid ongoing tariff fears

TORONTO — North American markets careened to a fourth day of losses in a dramatic turnaround from the rally that started the day as concerns over tariffs continued to mount.
U.S. trade representative faces pushback from lawmakers over Trump's global tariffs

U.S. trade representative faces pushback from lawmakers over Trump's global tariffs

WASHINGTON — With a fresh round of U.S. tariffs set to hit the world Wednesday, America's top trade official faced pushback Tuesday from lawmakers alarmed by the fallout from President Donald Trump's trade war.