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TSX Eyes Gains as Trump-Xi Summit Looms and Oil Steadies Near $95

Canadian Money Brief · Monday, May 11, 2026 Canadian equities are set for a cautious but constructive open this Monday as investors balance a packed macro calendar against an energy sector still reeling from one of its most volatile weeks in recent memory. TSX at a Glance The S&P/TSX Composite closed Friday at 34,077.76 , up 221 points (+0.65%) to cap a week dominated by whipsaw oil moves and a fragile Middle East ceasefire. The energy sector has led TSX gains over the past seven days — up roughly 5% — even as WTI crude fell about 7% on the week, settling near $95.42 per barrel . That apparent contradiction reflects Canadian producers' longer-term optimism on supply tightness rather than any single day's price swing. For the year, the TSX is up approximately 35%, outpacing most major global benchmarks. The Big Story: Trump Heads to Beijing All eyes this week will be on Washington and Beijing. President Donald Trump is scheduled to arrive in China on Wednesday , with formal ...

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Tragedy Unfolds: North Korea Executes 30 Teens for Watching South Korean Dramas

In a chilling turn of events, North Korea has reportedly executed around 30 middle school students for the grave offense of watching South Korean dramas. According to reports from South Korean news outlets Chosun TV and Korea JoongAng Daily, these teenagers were publicly shot last week. Their crime? Viewing shows that were stored on USBs, which had been floated over the border by North Korean defectors.

The situation sheds light on North Korea’s harsh penalties for consuming South Korean media. Under the so-called “evil” laws, disseminating media originating from South Korea, the US, or Japan is strictly forbidden. The Reactionary Ideology and Culture Rejection Act, one of these laws, imposes severe consequences for such actions. While the report remains unverified, experts believe that, given the regime’s intensified crackdown on information from the outside world, these executions are plausible.

This isn’t the first instance of North Koreans facing dire consequences for their association with content from their southern neighbor. In the past, individuals have been killed for selling digital content from South Korea or even wearing white wedding dresses, deemed “reactionary.” Despite eyewitness accounts, the North Korean government denies public executions, but the reality remains grim.

The tragic fate of these teenagers serves as a stark reminder of the ongoing tensions between North and South Korea, a conflict that technically persists since the 1950s. As the world watches, we’re left questioning the price of curiosity and the lengths to which oppressive regimes will go to maintain control. 

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