Macau is setting the stage to become a key driver of the Greater Bay Area’s sports sector, as the city looks to tap its tourism strengths and expand its economy beyond the gaming industry, a conference heard.As a centre of trade and economic cooperation with...
The Hong Kong government is committed to regulating stablecoins and over-the-counter (OTC) crypto exchanges, according to the city’s financial affairs chief, as regulators in the Asian financial hub continue to expand their legal toolkit to supervise the broader virtual-asset industry.The government will submit bills on...
In a blockbuster seafood deal, St. John's-based Ocean Choice International (OCI) has sold its Canadian offshore scallop quota — worth an estimated $200-million — to three Nova Scotia companies.Ocean Choice held 16.77 per cent of the offshore scallop quota, which is fished mostly on Georges Bank...
When spending more than $100 yields only a little bag of groceries, Nora Jean Omand is trying her best to do more with less. This week, the resident of Norway House in northern Manitoba is hoping a package of stewing beef will be enough to feed...
Tuhu Car, a Chinese car maintenance and repair company listed in Hong Kong, said it expects its financial results for 2023 to reflect a turnaround in its business as a post-pandemic rebound in domestic travel boosted demand for its services.The Shanghai-based company expects to record...
Home prices in mainland China fell in January, but the pace of decline slowed for both new and lived-in units amid persistent weakness in consumer sentiment, according to official data.Prices of newly built homes in 70 large and medium cities fell 0.37 per cent last...
A construction site with new apartments in newly built apartment buildings.Patrick Pleul | Picture Alliance | Getty ImagesGermany's housebuilding sector has gone from bad to worse in recent months. Economic data is painting a concerning picture, and industry leaders appear uneasy."The housebuilding sector is, I...
Google CEO Sundar Pichai speaks in conversation with Emily Chang during the APEC CEO Summit at Moscone West on November 16, 2023 in San Francisco, California. The APEC summit is being held in San Francisco and runs through November 17.Justin Sullivan | Getty Images News...
A Ukrainian soldier in a shelter at his fighting position in the direction of Bakhmut, Donetsk Oblast, Ukraine, 20 February 2024.Anadolu | Anadolu | Getty ImagesWhen Russia invaded Ukraine two years ago, the stout resistance mounted by the country's armed forces and overwhelming Western support...
Standard Chartered, one of Hong Kong’s three currency-issuing banks, reported an 18 per cent jump in profit, beating street estimates due to higher interest margins, while impairment charges on account of its exposure to the China property market weighed.The emerging-markets focused lender made a net...