TSX reaches two-month high helped by technology and Teck Resources shares

TSX reaches two-month high helped by technology and Teck Resources shares

Canada’s largest diversified mining company, Teck Resources, recently helped the Toronto stock market extend its winning streak with impressive second-quarter earnings. The company’s strong financial performance provided a welcome boost to the Canadian economy amid the ongoing global uncertainty caused by the pandemic. With increased demand for commodities and a solid track record of responsible … Read more

Oil prices rise on potential China stimulus and drop in US crude stockpiles

Oil prices rise on potential China stimulus and drop in US crude stockpiles

Oil prices have been on the rise recently as hopes for a Chinese economic stimulus and a weaker dollar have buoyed the market. With China’s economy showing signs of slowing down, investors have been waiting for the government to announce a new round of stimulus measures, which could potentially increase demand for oil. Additionally, a … Read more

Data shows Vietnam dispatches ship to monitor Chinese vessel enforcing control over Russian gas field in EEZ.

Data shows Vietnam dispatches ship to monitor Chinese vessel enforcing control over Russian gas field in EEZ.

Tensions between Vietnam and China have once again escalated as Vietnam announced the deployment of a ship to track a Chinese vessel patrolling a Russian gas field within Vietnam’s exclusive economic zone (EEZ). This move comes amid increasing disputes between the two countries over territorial claims in the South China Sea. With geopolitical tensions on … Read more