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 China’s multi-year campaign to contain financial risk is re-focusing on the so-called “hidden debt” owed by local governments, as officials seek to reduce repayment pressures amid falling tax revenues. Provinces and cities from Jiangsu in the east to Qinghai in the west are looking for means to pay-off or restructure their implicit borrowings, a term which includes off-book funding ...

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, ...