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Debt

In Malaysia, slot machine players risk losing it all to ‘crack cocaine’ of gambling

by Walter Watson
In Malaysia, slot machine players risk losing it all to ‘crack cocaine’ of gambling

That chemical reaction in the brain makes some players stay well beyond their luck and financial means – and that makes for good business for the owners of these licensed …

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Businesses need to pay CEBA loans or lose free money — because the deadline isn’t changing

by Anas Siddiqui
Businesses need to pay CEBA loans or lose free money — because the deadline isn’t changing

Some businesses in Canada who took out a CEBA loan may be hoping in vain for a last-minute reprieve and one more chance at free money from the federal government, …

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After a tough year, Aritzia banks on U.S. expansion to keep growth humming

by Anas Siddiqui
After a tough year, Aritzia banks on U.S. expansion to keep growth humming

Improved financial performance at Vancouver-based retailer Aritzia sent the company’s stock soaring on Thursday morning by more than 20 per cent, though some experts warn the company isn’t out of …

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Opinion | No recession in 2023 but it’s not yet time to breathe a sigh of relief

by Anas Siddiqui
Opinion | No recession in 2023 but it’s not yet time to breathe a sigh of relief

First, it remains possible the gloom a year ago was well justified, and a recession still hangs over us. Fears have abated but not gone away. True, the alarming increase …

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Opinion | Reports of Chinese economic miracle’s demise are greatly exaggerated

by Anas Siddiqui
Opinion | Reports of Chinese economic miracle’s demise are greatly exaggerated

China’s economic performance over the last year has been disappointing, so much so that some observers argue that growth has already peaked and that it is all downhill from here. …

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‘Buy Now Pay Later’ Increasingly Popular Among High Earners

by Anas Siddiqui
‘Buy Now Pay Later’ Increasingly Popular Among High Earners

As the holiday season winds down, many American consumers are turning to Buy Now, Pay Later (BNPL) options to alleviate the pressure of gift-giving amidst increasing credit card debts and …

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After years of turbulence, small clothing designers struggle for a sustainable model

by Anas Siddiqui
After years of turbulence, small clothing designers struggle for a sustainable model

Amid high inflation, rising operating costs and shrinking Canadian demand, clothing designers in Nova Scotia say they’re struggling to find a sustainable business model. Designers say they’ve had to adjust to …

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China Vanke to sell shares in Singapore hotel chain Banyan Tree’s mainland China units for US$67 million

by Anas Siddiqui
China Vanke to sell shares in Singapore hotel chain Banyan Tree’s mainland China units for US million

Real estate giant China Vanke is selling its stake in luxury hotel chain Banyan Tree Holdings’ China units, a deal that will generate 480 million yuan (US$67 million) for the …

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WARNING over PERSONAL loans this festive season

by Anas Siddiqui
WARNING over PERSONAL loans this festive season

Sounding a warning over personal loans this festive season, there’s a upward trend of South Africans using borrowed money for shortfalls in ‘Januworry’. Worse still, some are using loans to …

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She received the CEBA loan more than 3 years ago — her bank now says she wasn’t eligible

by Anas Siddiqui
She received the CEBA loan more than 3 years ago — her bank now says she wasn’t eligible

With a major deadline to repay a pandemic era loan just over a month away, one small business owner says she’s only now being told she was never eligible for …

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