Bloomberg West Fraser Timber Co. and Canfor Corp., Canada’s largest lumber producers, are suffering from tepid demand in the U.S. where the recovery in the housing market is stuttering. U.S. housing starts fell a more-than-expected 8.8 percent last month, the Commerce Department said April 19. Housing demand isn’t strong enough to support lumber prices at current levels, according to ...

  Riyadh / AFP US President Barack Obama met Gulf leaders in Saudi Arabia on Thursday to push for an intensified campaign against the IS group, despite strains in ties with Washington. Making what is likely his final presidential visit to America’s historic allies, Obama posed for a summit photo with the six regional leaders, including Saudi King Salman, before ...

  JAKARTA / AP China has asked Indonesia to extradite four Uighur men in exchange for returning a graft fugitive recently arrested in Shanghai, the top Indonesian security minister said on Thursday. Coordinating Minister for Politics, Legal and Security Affairs Luhut Pandjaitan said Indonesia will allow China to question the men, who are serving prison sentences for collaborating with Indonesia’s ...