Pain, few gains for investors as markets slumped in 2022
Investors found few, if any, places to safely put their money in 2022, as central banks in the U.S. and around the globe raised interest rates for the first time in years to fight surging inflation, stoking fear of a global recession.
This Chinese billionaire has lost over 90 per cent of his fortune
The net worth of Hui Ka Yan, chairman of real estate developer China Evergrande, has plunged nearly 93 per cent, according to the Bloomberg Billionaires Index. Once the second-richest person in Asia, Hui's wealth has fallen from $42 billion at its peak in 2017 to about $3 billion, Bloomberg said.
Business and Finance News in Canada – TSX Today – CTV News
Follow the latest business and financial news on the Bank of Canada, interest rates, inflation, housing market, real estate and more.
What you need to know about contributing to your TFSA this year
The federal government's latest TFSA contribution limit increase took effect as of January 1, 2023. Personal finance contributor Christopher Liew outlines how the government’s most recent TFSA contribution limit increase affects you and how to make the most of it.
