Bloomberg Canada’s oil producers made a small dent in their near-total dependence on the US market after a surge of shipments flowed to China and the UK last year. The holder of the world’s third-largest crude reserves sent 3.43 million barrels a day, or 96.4 percent of its oil exports, to its southern neighbour, the smallest percentage in data stretching ...

Bloomberg Hong Kong property prices are bouncing back. Henderson Land Development Co. raised the average price for a new batch of apartments at The Vantage in Kowloon by about 10 percent, a price list shows. The move is well-founded — demand is rising with developers selling more units in the first 11 days of this month than all of February, ...

Bloomberg Property investors cut or stopped purchases of commercial property in London this year as Brexit negotiations lurched from crisis to crisis. Spending on UK offices, malls and warehouses plunged more than 40 percent in the first two months of the year to 4.3 billion pounds ($5.6 billion), according to research firm Property Data. With less than three weeks left ...

Bloomberg Denmark plans to let its financial watchdog impose fines without going via the courts, in order to speed up the process of punishing banks involved in money laundering. The decision, which still needs to be debated in the country’s parliament, is the latest step being pushed by Business Minister Rasmus Jarlov as he responds to a $230 billion dirty ...

Bloomberg Sweden’s government wants to revisit the idea of imposing a tax on the financial industry. Finance Minister Magdalena Andersson says her goal is to have a levy that singles out banks with far more precision than previous proposals. “It should include only the financial sector,” she said in an interview in Stockholm. “We want one that has a more ...

Bloomberg Goldman Sachs Group Inc. has picked a little-known technology firm to help handle payments for its planned credit-card partnership with Apple Inc. The bank struck a deal last year to license payments-processing software from CoreCard Software, owned by Intelligent Systems Corp., to help with its foray into the consumer-card business, according to a person with knowledge of the matter, ...

Bloomberg The new chief of Kazakhstan’s central bank dodged a debt claim in 2014 thanks to a legal system that’s failed to protect lenders from rampant defaults and repeated crises. In 2014, Yerbolat Dossayev and three business partners were given a reprieve on repaying 1.9 billion tenge, then worth $13 million, that they’d personally guaranteed to the central Asian country’s ...

Bloomberg An increasing number of economists see additional stimulus as the Bank of Japan’s next policy step, while they are unanimous in forecasting no change at this week’s board meeting. Some 37 percent of 46 economists surveyed by Bloomberg this month forecast the next policy change will be additional easing, a jump from 18 percent in January. All of them ...

Bloomberg Indonesia’s Lion Air, one of the biggest customers of Boeing Co.’s 737 Max plane, is considering switching to Airbus SE amid plans to suspend existing orders it has with the US plane maker, according to a person familiar with the matter. The carrier is suspending delivery of four 737 Max jets it had on order for this year from ...

Bloomberg Prime Minister Mahathir Mohamad said he’s studying options for flag carrier Malaysia Airlines Bhd., including whether to invest more funds, sell it off or even shut the company down. “It is a very serious matter to shut down the national airline,” he told reporters at parliament. “We will nevertheless be studying and investigating as to whether we should shut ...