government

Canada’s trade risks go beyond bridges to America

23 Feb 2022

Trucker protests paralyzed a key border route, exposing the country’s reliance on its largest trading partner. But Canada also suffers from internal barriers between its provinces and territories. Removing those could boost the economy, if local protectionism can be overcome.

Nomura sluggishness shifts from bank to investors

3 Feb 2021

The Japanese bank posted its best quarterly pre-tax profit in 13 years. The trading tailwind that boosted U.S. rivals helped, but all divisions chipped in and costs are falling. Shareholders are not yet convinced. Addressing that is the next challenge for boss Kentaro Okuda.

Chinese investors can soothe Xiaomi’s U.S. pains

15 Jan 2021

Investors wiped out $10 bln in market value from the Hong Kong-listed phone maker on its addition to a U.S. blacklist of firms that Americans cannot own. Yet others like China Mobile have seen local buyers piling in, offsetting the selloff. Xiaomi can expect similar.