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China developers surge as Evergrande hits record

Bloomberg Chinese developers extended Asia’s biggest rally this year, with China Evergrande Group surging to a record in Hong Kong. Evergrande soared 23 percent at the close, while Country Garden Holdings Co. and Sunac China Holdings Ltd. gained more than 9 percent. Lianhua Supermarket Holdings Co. rallied 24 percent after Alibaba Group Holding Ltd. agreed to buy a stake in ...

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Swiss economic growth still left in shade by Germany

Bloomberg If the Swiss economic growth is still left in the shade by Germany this week, its central bank knows exactly why. Two-and-a-half years after suffering an exchange-rate shock that made its exports even more expensive, Switzerland has yet to rediscover its knack of outperforming neighboring Germany. While the two economies boast significant similarities, prompting the Swiss to dub their ...

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‘US duties to drive Canada wood exports to China’

Bloomberg A rise in US tariffs on Canadian softwood will help drive an increase in lumber exports to China and other Asian markets, Canada’s top trade official said. “There’s an enormous opportunity,” said Trade Minister Francois-Philippe Champagne in an interview in Singapore. “Diversification is the key, that’s why Canada has an ambitious trade agenda.” With other Canadian industries also bracing ...

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