Cost of Living1:56Mike von MassowSkyrocketing prices have taken a big bite out of what Canadians are able to serve up for dinner but food economists say our ability to cope has been worsened by our collective decline in cooking skills."We are less able to cook...
It's been a long time since economic data in Canada showed very much promise. The last 18 months have been defined by a cost of living crisis and a slowing economy.But a handful of economic indicators give us some hope for 2024.Inflation has slowed dramatically,...
Fiscal policies will support innovation in particular, with incentives like additional deductions for research and development, tax reductions for key industries, and personal tax benefits for the conversion of scientific and technological achievements. Advanced manufacturing will benefit from investment-linked tax incentives, which include value-added tax...
South Korean exports to the US exceeded shipments to China for the first time in two decades last month, in a sign of shifting ties amid global tensions over economic security and tech supply chains.South Korea sold US$11.3 billion in goods to the US in...
Saudi Arabia’s Public Investment Fund (PIF) emerged as the world’s most active sovereign investor last year, boosting its deal activity even as most global peers including GIC and Temasek Holdings slashed spending.PIF deployed US$31.6 billion in 2023, according to research consultancy Global SWF. That was...
HKEX’s performance in 2023 was even worse, with no SPACs listings taking place.Commercial buildings stand on Hong Kong Island. Photo: Yik Yeung-manIn Hong Kong, a SPAC needs to raise at least HK$1 billion (US$128 million) from professional investors and must announce an acquisition within 24...
Israeli medical technology company P-Cure is looking to secure a strong foothold in China with its ultra-compact proton therapy system, which could help it tap into Beijing’s efforts to make advanced medical treatment affordable to mainland patients.The company, through its Chinese subsidiary SIHA, has...
The CEOs of major landlords and developers in Hong Kong have made building on the normalisation that began last year a top priority for 2024, with a focus on strengthening balance sheets, evolving tenant portfolios and exploring new business opportunities.These priorities also come with an...
For New York-based investment bank Citi, Hong Kong and the rest of the bay area will be a key area of focus, according to Aveline San, CEO for Hong Kong and Macau.“Citi’s global network is increasingly relevant to the fast-growing mid-size companies in the Greater...
The mini TV series is part of a gold rush for online video producers in China, where a new trend of binge watching very short shows from mobile devices has emerged. However, the sector has been subject to increased regulatory scrutiny, with the National Radio...