North American markets were soaring Thursday in the wake of a rebound on China's main market and a report showing the U.S. economy expanded at a much faster pace than previously estimated in the second quarter.
Canadian Imperial Bank of Commerce and Toronto-Dominion Bank added to a string of strong financial reports this week from Canada's big banks, which have largely defied expectations that ugly economic indicators would begin to take a toll on the sector.
SEOUL (Reuters) - Crude oil futures rose on Friday, adding to their biggest one-day rally in over six years the day before, led by recovering equity markets and news of diminished crude supplies.
Toronto's Catholic school board trustees have voted in favour of expropriating 17 homes in the area of Bayview and Cummer Avenue in order to build a new high school.
... * Asia stocks rise on Wall Street surge, upbeat U.S. data. * U.S. economy stronger in second quarter than many believed. * Oil markets build on biggest one-day rally in six years.