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FILTERED RESULTS
Honda Accelerates Next-Generation Hybrid Production in Response to EV Strategy Changes
U.S. Oil Industry Leaders Develop Contingency Plan Against Diesel Export Restrictions
Hang Seng tests key support at 24,420 amid bearish breakdown risk: Live
Australia jobs beat forecasts in Aug, but unemployment hits 5-yr high
Bonds shaky, oil eases off highs amid trade, peace talks
Australian Unemployment Climbs to 4.6% Even as Jobs Gain
Australia's Jobless Rate Rises to 4.6% Despite Strong Employment Growth
Taiwan's Overnight Rate Remains Unchanged at 0.804%
Meta launches AI gadget Charm as race for post-smartphone hardware heats up
Bond Selloff Deepens as Fed Rate-Hike Bets Build: Markets Wrap
OpenAI Collaborates with Australian Government Following Security Breach
Yemeni Forces Prevent Houthi Infiltration in Lahij District
Why is SoftBank stock surging today?
Australian Unemployment Surprisingly Rises Despite Job Gains
SoftBank Group Plans $11 Billion Bond Sale for OpenAI Investment
China's Financial Markets to Close for Mid-Autumn Festival and National Day Holiday
US says China trade truce extended as Trump welcomes Xi
Australian shares hit over 3-month low as oil rally revives inflation worries
10-Year Japanese Government Bond Yield Reaches 30-Year High
Japan’s Nikkei Rises as AI Catch-Up Rally Offsets Yield Worries
Gold steadies after selloff as oil, strong U.S. data lift Fed hike bets
Oil prices edge lower as Iran says it is open to diplomacy to end the war
Why did Broadcom shares fall today?
U.S. stock futures dip after high yields batter tech; Trump-Xi summit begins
Chinese Authorities Reportedly Seize F-35 Components in Hong Kong
China’s Trade Volumes Hit Record in Week Before Trump-Xi Summit
People's Bank of China Sets Yuan Reference Rate at 6.7489 Against US Dollar
U.S. President Trump Welcomes Chinese President Xi Jinping for State Visit
Black Sea Upheaval Sends Indian Wheat Exports to Bangladesh
AirAsia’s Hunt for Cheaper Debt Won’t Be Easy With $100 Oil
Venezuela’s Rodriguez promises elections in transition to ’full democracy’
China’s ’Lipstick King’ confronts slower growth, AI disruption in livestream shopping
Japan's Finance Ministry Considers Reducing Medium-Term JGB Issuance
SoftBank Shares Rise Over 7% Following $11.1 Billion Bond Issuance
Nikkei 225 wedged at 66,027 as momentum turns bearish: Live
Meta surprises with new handheld AI device called Meta Charm
The AI build-out is making history, dwarfing the spending for U.S. canals, railways, and grid combined. It’s creating jobs and wealth while boosting inflation and crowding out housing.
Japan's Economic Growth Slows Amid Persistent Price Pressures
China's Xi Emphasizes Peaceful Coexistence with the U.S.
Oil slips 1% after sharp gains amid U.S-Iran diplomacy doubts
Amaero postpones U.S. IPO citing adverse market conditions
Japan private-sector growth slows in September as PMI cools to four-month low- S&P
Japan’s factory activity growth slows in September, PMI shows
China's Xi Urges Cooperation with the U.S. for Stable Relations
Bond Selloff Extends as Fed Rate-Hike Bets Build: Markets Wrap
Meta debuts new handheld device dedicated to using Muse
Australia says OpenAI agent hacked into government website
Bangladesh Orders 11 More Boeing Jets to Strengthen US Trade Relations
Chinese President Xi Jinping Optimistic About Upcoming U.S. Visit
Japan’s Nikkei Rises as AI Catchup Rally Outweighs Yield Worries
Epstein’s Accountant and Lawyer Are Said to Be Under Federal Investigation
Stitch Fix AI Try-Ons Drive Surge in Shopper Spend
Japan's Ministry of Finance Considers Reducing Bond Issuance Amid Easing Scarcity
Mark Zuckerberg unveils AI ‘charm’ device that can fit on a keychain
U.S. Treasury Secretary Comments on Flight Restrictions Impacting Iran
Meta debuts camera-free smart glasses at $349 to tackle privacy concerns
SoftBank issues $11.1 billion in bonds in OpenAI financing push
Amsterdam-Based Fintech Duqu Secures €1.5 Million to Address Late Payment Issues in Europe
People's Bank of China Expected to Set USD/CNY Reference Rate at 6.7184
Trump Advocates for Elections in Venezuela During UN Meeting
U.S., China agree to extend trade truce until January, Bessent says
KLEA Finance Daily: Wednesday, September 23, 2026
Japan's Nikkei Futures Increase While 10-Year JGB Futures Decline
Venezuela’s Rodriguez promises elections to transition to ’full democracy’
Microsoft to Revise 2030 Climate Goals Amid Rising AI Data Center Power Demand
Saudi start-up launches AI stockpicking app
Saudi Red Sea oil stocks slump after pipeline attack
Ceer’s EV gamble meets China’s price war
US Administration Considers Promoting Dollar Stablecoins Abroad
Canada’s BMO and Scotiabank Beat Earnings Targets as Trade War Escalates
Canadian banks are not being harmed by the effects of new U.S. tariffs that impact some of their customers, and the banks may even find new opportunities, Reuters reported Tuesday (Aug. 25).
Bank of Montreal (BMO) and Bank of Nova Scotia (Scotiabank) reported earnings Tuesday that beat quarterly profit estimates, according to the report.
The banks’ CEOs said they are working with their clients on liquidity investment decisions, supply chain adjustments and market diversification, per the report.
BMO CEO Darryl White said that the bank’s clients have “adjusted very well” to the impact of trade negotiations and tariffs and that “there may be some opportunities in the challenge that we’ve got in front of us,” according to the report.
The report said that in July, the Canadian economy added “far more” jobs than expected, and the unemployment rate dropped to a two-year low.
The Wall Street Journal reported Tuesday that both BMO and Scotiabank reported stronger-than-expected earnings in the latest quarter and that executives from both banks said that their clients are ready to navigate the challenging trade environment.
The report quoted White saying that while the trade-related sectors and domestic affordability in both Canada and the U.S. are facing a headwind, Canada has real advantages in the form of “a stable financial system, abundant resources, world class talent and a platform to export globally through the world’s most comprehensive set of free trade agreements.”
Bloomberg reported Tuesday that the shares of both BMO and Scotiabank rose Tuesday, with Scotiabank’s reaching a record high, as the banks reported better-than-expected results across their businesses.
CEOs of both banks said that their clients and Canada’s economy appear able to manage the latest U.S. tariffs and that government support for the sectors impacted by the tariffs should help mitigate the effects.
Reuters reported Tuesday that the trade war between Canada and the U.S. intensified Tuesday when Canada announced new tariffs on about $20 billion worth of U.S. annual imports. The tariffs impose duties of 15%, 25% and 50% across about 700 products.
The move followed the U.S. announcement on Saturday (Aug. 22) that 50% tariffs were imposed on $20 billion worth of Canadian imports, according to the report.
Source: PYMNTS.com