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Market summary

May 24 - Markets closed

World markets

Shanghai 2,288.53 +12.87 (0.57%)
Nikkei 225 14,612.45 +128.47 (0.89%)
Hang Seng Index 22,618.67 -51.01 (-0.23%)
TSEC 8,209.78 -28.05 (-0.34%)
FTSE 100 6,654.34 -42.45 (-0.63%)
EURO STOXX 50 2,764.29 -12.49 (-0.45%)
CAC 40 3,956.79 -10.36 (-0.26%)
S&P/ASX 200 4,983.50 -78.90 (-1.56%)
BSE Sensex 19,704.33 +30.00 (0.15%)
KOSPI 1,973.45 +4.26 (0.22%)

Currencies

CAD/USD 0.9730 +0.0026 (0.27%)
CAD/EUR 0.7537 +0.0033 (0.44%)
CAD/JPY 99.5913 +0.7267 (0.74%)
CAD/GBP 0.6414 -0.0011 (-0.16%)
CAD/HKD 7.5516 +0.0184 (0.24%)
CAD/AUD 0.9924 -0.0041 (-0.41%)
After backlash, RBC pledges to not send work offshore just to cut costs
TORONTO -- The Royal Bank of Canada, which faced a fierce backlash earlier this year over an outsourcing arrangement involving the use of temporary foreign workers, said Friday it won't send work offshore just to save on salaries.
Royal Bank pledges not to outsource jobs for cash savings  
Royal Bank unveils supplier code of conduct after outsourcing backlash  
Market Chart
12,667.22 +9.13 (0.07%)
948.32 +6.27 (0.67%)
15,303.10 +8.60 (0.06%)
1,649.60 -0.91 (-0.06%)

Top stories

By Alastair Sharp. TORONTO (Reuters) - Canada's main stock index reversed earlier losses on Friday after several stocks jumped on takeover moves, helping the TSX shrug off uncertainty over U.S.
MEXICO CITY | Fri May 24, 2013 6:57pm EDT. MEXICO CITY (Reuters) - Mexico is considering imposing retaliatory trade measures on the United States in a dispute over the fairness of U.S.
Kinder Morgan announced Friday that it has taken another step toward twinning its Trans Mountain pipeline by filing a project description with the National Energy Board.
Toronto-Dominion Bank (TD)'s first share buyback in more than six years adds to a 10-year high in Canadian capital repurchases as companies try to soften the blow of underperforming stock prices.
Bausch & Lomb Inc. is nearing a deal to sell itself to drug maker Valeant Pharmaceuticals International Inc. for about $9 billion, according to people familiar with the matter�a surprise move that highlights a resurgence in private-equity deal making after years ...

Trends

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MBT Manitoba Telecom Services 5.70% 2.29B

Bank of Canada daily digest

Money markets Change
Overnight rate 1.00% +0.0009
Corporate paper, 1 month 1.12% 0.00
Treasury bill, 1 month 0.950% 0.00
Inflation
Total consumer price index 0.400% -0.6000
Interest rates
10 year bond 2.39% +0.0100
Prime business rate 3.00% 0.00
Conventional mortgage, 5 yrs 5.14% 0.00