presidential frontrunner said on Tuesday that if he wins this
month's election, the country's central bank will maintain
independence in setting interest rates and operate without any
Bank of Montreal has
appointed veteran investment banker Susan Wolford as vice-chair
of investment and corporate banking and Patrick Kratus as head
of technology and businesses services, according to a memo
reviewed by Reuters on Tuesday.
China's holdings of U.S.
Treasuries fell for a third straight month in August to their
lowest in more than a year, Treasury Department data showed on
Tuesday, in what was likely a move to support its currency in
the face of emerging market volatility.
Australian shares are expected to extend
gains on Wednesday, following a strong lead from Wall Street,
with investors likely to keep a keen eye on quarterly production
numbers of the world's biggest miner BHP .
A former Equifax Inc
manager was sentenced to eight months of home confinement and
$125,979 in fines and restitution on Tuesday, over insider
trading charges related to last year's data breach at the credit