Rural communities boost incentives to attract medical staff
As small communities across Ontario struggle to recruit doctors and nurses, one town has landed on a strategy that appears poised for success: giving them “a bag of money up …
Debt
Quebec investing another $413M in Airbus partnership to keep assembly line in the province
Quebec is extending its partnership with Airbus Canada until 2035, the two jointly investing $1.65 billion to keep manufacturing its narrowbody A220 planes in the province. The French aerospace giant …
Hong Kong court pushes Kaisa’s liquidation case to August 12, giving developer a breather
Indebted Chinese developer Kaisa Group Holdings was granted another reprieve after a Hong Kong court on Monday adjourned a hearing, allowing the company more time to restructure its debts. The …
The Bank of Canada’s growing list of worries
For months, the Bank of Canada has been trying to thread a needle: slow the economy just enough to get inflation back under control but not so much that it causes …
Malaysia’s diesel subsidy removal fuels inflation fears
Domestic tour bus operators have already been forced to increase their rates by as much as 35 per cent, after prices at the pump surged overnight to 3.35 ringgit (71 …
Malaysian father disowns gambling-addicted, debt-ridden son after loan sharks hound family
“I even had to find work as an e-hailing driver as my savings are gone,” he told a press conference organised by the Malaysian Chinese Association’s public services and complaints …
China’s Country Garden looking to sell stake in chip maker CXMT as debt struggle continues
Defaulted Chinese developer Country Garden Holdings is looking to dispose of a stake in chip company ChangXin Memory Technologies (CXMT) via its venture capital arm as it struggles to repay …
‘Pay Off My Debt’ TikToker on Money Made, iCarly Inspiration
TikTokers are coming together to help each other pay off student loans, mortgages, credit cards, and other debt — but the now-serious “pay off my debt” trend started as a …
How did Wanda founder Wang Jianlin escape the wave that swept away embattled Evergrande property tycoon Hui Ka Yan?
The rise and fall of Wang and his company is an archetypal story of how a major private business drifts along China’s economic tides and policy cycles. “It’s a very …
WeWork to exit bankruptcy after judge approves restructuring plan
A U.S. bankruptcy judge on Thursday approved WeWork’s Chapter 11 bankruptcy plan, allowing the shared office space provider to eliminate $4 billion in debt and hand the company’s equity over …