Monthly Archive: May 2018

0

Global shares mixed, Hong Kong jumps as Trump softens tone

HONG KONG — World stocks were mixed Monday, with Asian gains led by Hong Kong after President Donald Trump softened his tone on trade, saying he would seek a way to keep Chinese technology company ZTE in business despite U.S. sanctions. KEEPING SCORE: European shares were mixed in early trading. France’s CAC 40 dipped 0.2 […]

0

Nissan profit hit by strong yen, higher materials, R&D costs

TOKYO — Japanese automaker Nissan Motor Co.’s profit fell 32 per cent in the last quarter from a year earlier as a strong yen, rising raw materials costs and research expenses bit into earnings. The company said Monday that its January-March profit was 168.8 billion yen ($1.5 billion), down from 249 billion yen last year. […]

0

Owners of multimillion dollar Vancouver home owners say they can’t stomach tax bump

VANCOUVER — Lynne Kent says owning a home in Vancouver that’s valued at $4 million isn’t the blessing it may appear to be. She and her husband are among a small group of homeowners in British Columbia facing a tax bump on homes assessed at over $3 million who say they simply can’t afford it […]

0

AirAsia shares drop after CEO says sorry for backing ex-PM

KUALA LUMPUR, Malaysia — Shares of regional budget airline AirAsia plunged Monday after its chief Tony Fernandes publicly apologized for supporting defeated Prime Minister Najib Razak in a historic election last week. The vote ended with a victory for a four-party alliance led by Mahathir Mohamad, resulting in Malaysia’s first change of government since it […]

0

Marijuana growers diversify with hemp amid CBD boom

SPRINGFIELD, Ore. — A glut of legal marijuana has driven Oregon pot prices to rock-bottom levels, prompting some nervous growers to start pivoting to another type of cannabis to make ends meet — one that doesn’t come with a high. Applications for state licenses to grow hemp — marijuana’s non-intoxicating cousin — have increased more […]