A Global Asset Management Seoul Korea Magazine
VANCOUVER/TORONTO (REUTERS) - A judge has blocked an attempt by Canada's attorney general to get parts of Huawei Chief Financial Officer Meng Wanzhou's arguments dismissed in the case to extradite her to the United States, according to a ruling released on Thursday (Oct 29). However, the judge sided with the attorney general in agreeing that Meng's arguments were not strong enough to warrant an immediate dismissal of the case. The ruling comes as a week-long witness testimony is under way in the British Columbia Supreme Court, in a different part of the same extradition case. Meng's assertion that the United States misrepresented evidence of alleged fraud in its formal request to Canada for her extradition has an "air of reality", Associate Chief Justice Heather Holmes wrote in her decision, dated Oct 28. She also agreed that Meng was entitled to introduce some additional evidence in the case record, "to a limited extent". "Some of that evidence is realistically capable of challenging the reliability" of the US request for extradition, Holmes said. The office of Attorney General David Lametti did not immediately respond to a request for comment. Huawei Canada called
(RTTNews) - MediPharm Labs Corp., a Canada-based provider of cannabis oil and concentrates, said it has launched LABS Cannabis CBD Isolate in Canada. The product, the first of its kind in Canada, is also the company's first in its LABS Cannabis branded product line. According to MediPharm Labs, the product is designed for Canadians seeking a THC-free experience. The 99 percent pure CBD crystalline isolate will be available to consumers through retailers across Canada. Cannabidiol or CBD is a naturally occurring cannabinoid constituent of cannabis. It is a chemical in the marijuana plant often used for medicinal purposes, and does not have the intoxicating effects like those caused by tetrahydrocannabinol or THC. "Produced at commercial scale, LABS Cannabis CBD Isolate has only trace amounts of THC - less than 0.2% - which makes it an excellent choice for a broad range of wellness consumers and patients seeking the potential benefits of CBD without the intoxicating effects of THC," said Pat McCutcheon, CEO of MediPharm Labs. Pure CBD crystalline isolate is a fine-white crystalline powder with 99 percent pure CBD in a concentrated form. The all-natural cannabinoid product is made from cannabis extract refined through numerous steps. Each container of LABS
(RTTNews) - New Zealand consumer sentiment improved in October after easing for three straight months, survey data from ANZ showed on Friday. The ANZ-Roy Morgan consumer confidence index rose to 108.7 in October from 100.0 in September. After three consecutive falls, consumers' perceptions of their current financial situation advanced 5 points to +3. A net 28 percent of consumers expect to be better off financially this time next year, which was up 6 points. A net 11 percent think it was a good time to buy a major household item, which was up 12 points. Perceptions regarding the next year's economic outlook climbed 14 points to -21 percent in October. The five-year outlook rose 7 points to +22 percent. House price inflation expectations increased to 4.6 percent. Likewise, general inflation expectations rose 0.6 percentage points to 3.8 percent, the highest since February.
A woman wearing a wearing a facemask as a preventive measure against the COVID-19 coronavirus speaks on her smartphone outside a shopping mall past a Huawei shop (back) in Beijing on April 1, 2020. (Photo by NICOLAS ASFOURI / AFP) (Photo by NICOLAS ASFOURI/AFP via Getty Images) Nicolas Asfouri | AFP | Getty Images HANGZHOU, China — Shipments of Huawei phones plunged in the third quarter as U.S. sanctions continue to hurt the Chinese technology giant, while domestic rival Xiaomi managed to capitalize on it, new data shows. In the three months to the end of September, Huawei shipped 51.7 million smartphones, down 23% year-on-year, according to a Canalys report published Thursday. Another firm, Counterpoint Research, said on Thursday that Huawei shipped 50.9 million smartphones, down 24% versus the same period last year. The Chinese firm's market share dipped to 14% from 18% in the third quarter of 2019, according to Counterpoint. Overall in the third quarter, worldwide smartphone shipments reached 348 million units, a 1% decline year-on-year, but a 22% rise from the second quarter, the Canalys report showed. Huawei lost its crown as the world's