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Market summary

1:49PM EDT

World markets

Shanghai 2,275.67 -26.74 (-1.16%)
Nikkei 225 14,483.98 -1,143.28 (-7.32%)
Hang Seng Index 22,669.68 -591.40 (-2.54%)
TSEC 8,237.83 -161.01 (-1.92%)
FTSE 100 6,696.79 -143.48 (-2.10%)
EURO STOXX 50 2,776.78 -58.23 (-2.05%)
CAC 40 3,967.15 -83.96 (-2.07%)
S&P/ASX 200 5,062.40 -103.00 (-1.99%)
BSE Sensex 19,674.33 -387.91 (-1.93%)
KOSPI 1,969.19 -24.64 (-1.24%)

Currencies

CAD/USD 0.9697 -0.0008 (-0.08%)
CAD/EUR 0.7495 -0.0071 (-0.94%)
CAD/JPY 98.6230 -0.8336 (-0.84%)
CAD/GBP 0.6414 +0.0032 (0.50%)
CAD/HKD 7.5277 -0.0072 (-0.10%)
CAD/AUD 0.9939 -0.0023 (-0.23%)
Canada threatens retaliation as meat labelling deadline passes
CALGARY - Canada is threatening possible retaliatory trade action against the United States, claiming that country has failed to comply with a World Trade Organization ruling on its contentious livestock labelling rules.
UPDATE 1-US revises meat-labeling rules to satisfy WTO ruling  
Canada Disappointed With Expected US Move on Meat-Labeling Rule - Source  
Market Chart
12,652.91 -99.59 (-0.78%)
936.40 -5.68 (-0.60%)
15,302.07 -5.10 (-0.03%)
1,649.55 -5.80 (-0.35%)

Top stories

TORONTO -- The parent company of small wireless company Mobilicity says its debtholders have approved a plan to sell the company to Telus Corp.
Thu May 23, 2013 1:50pm EDT. * U.S. shares recover, but growth outlook still uncertain. * Japan, Europe tumble after weak data from China, euro zone.
Please check back regularly for updates on this story, which is currently not behind The Gazette's pay meter in the interest of public safety.
A $22-million road extension will be built through south Kitchener after receiving approval from city councillors Wednesday night.
The CEO of Fraser Surrey Docks says the future of the facility is in jeopardy if a new coal terminal isn't approved. Jeff Scott says much of the dock's business and half its employees disappeared after the global economic downturn in 2008.

Trends

Popular searches on GoogleChange Mkt Cap
HVU Horizons BetPro S&P500 VIX Short Term 4.57% 21.31M
IBG IBI Group Inc -11.02% 35.98M

Bank of Canada daily digest

Money markets Change
Overnight rate 1.00% +0.0003
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 2.38% +0.0400
Prime business rate 3.00% 0.00
Conventional mortgage, 5 yrs 5.14% 0.00