Economics

Canadians Favour EU, UK as Trading Partners over China

NEWS ANALYSIS As NAFTA negotiations with the United States show slow progress, a new survey shows that more Canadians want to increase trade relationships beyond the United States, with Europe and the U.K.—jurisdictions with similar democratic institutions as Canada—taking the top spots. China t...

Pitfalls Abound for Canadians Doing Business in China

NEWS ANALYSIS China, the world’s largest e-commerce market, counts more than 400 million online shoppers even as half the country remains offline, but eager Canadian businesses face significant hurdles to gain market share. Chinese e-commerce giants Alibaba and JD.com are making a big push in ...

China’s No.2 Stock Regulator Investigated For Corruption

The former high-flying vice chairman of China’s top body for regulating stocks has been brought down, an action experts believe is preparation for the pivotal 19th Party Congress in October. Yao Gang, 55, was targeted in November 2015, five months after the mid-year stock crash. He is one of ...

Hurricane Harvey shuts down LPG exports to Asia by the US

Asian buyers of liquefied petroleum gas are already paying for disruptions half a world away in Texas as record rainfall halted shipments of propane and butane from ports that handle more than 90 per cent of US exports to the region. Marine export terminals operated by Enterprise Products Partners L...

Amazon, Whole Foods and why traditional ad agencies are dying

This week, Amazon completed its acquisition of Whole Foods and immediately rolled out a catchy price cutting campaign to celebrate. Because of its phenomenal reach through its own networks, combined with big news coverage, the advertising cost of this campaign was precisely zero. Direct marketers, s...