Global Markets: At least 65 dead from Hong Kong apartment fire

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Published: 4 hours ago

Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally.

  • Firefighters continued to battle the deadly fires at a high-rise apartment complex in Hong Kong for the second day on Thursday. At least 65 people were confirmed dead from the fires that were believed to have started in bamboo scaffolding and construction netting, with nearly 300 still unaccounted for.
  • Two members of the West Virginia National Guard were shot in Washington, D.C. on Wednesday and remain hospitalized in critical condition, according to reports. A 29-year-old Afghani national suspect is in custody, said officials.
  • The United States is celebrating Thanksgiving on Thursday, which may lead to thin and choppy activity in world markets.
  • Canada’s current account deficit narrowed to C$9.7 billion on a seasonally adjusted basis from 21.6 billion the previous quarter, reported Statistics Canada.

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