Bloomberg Investors couldn’t get enough of Ping An Healthcare & Technology Co.’s initial public offering. Now they can’t get out fast enough. The company, also known as Good Doctor, fell as much as 11 percent to trade below the low end of the range offered to investors in the share sale, before paring losses to 3.3 percent at 10:33 a.m. ...

Bloomberg Vinhomes JSC, the luxury residential arm of Vietnam’s biggest developer, is poised to price its $1.35 billion initial equity offering at the top end of a marketed range, people with knowledge of the matter said. Existing Vinhomes investors plan to sell shares at 114,700 dong apiece in the offering, the people said, asking not to be identified because the ...

Bloomberg BHP Billiton Ltd., the world’s biggest miner, forecasts reforms in China’s steel sector will continue to hand an advantage to suppliers of higher-quality iron ore and coking coal as consumption of the alloy keeps growing well into the next decade. Steel mills are likely to retain about two-thirds of the improvements in margins seen since a push began in ...

Bloomberg China tried to strike a positive tone after Donald Trump’s trade negotiators left Beijing with no public sign of an agreement, reiterating that the US shouldn’t make unreasonable demands. State media over the weekend offered a somewhat positive assessment of the US trade talks, urging more negotiations while saying the Americans should be “rational and pragmatic.” And in a ...

Bloomberg Vladimir Putin was sworn in for the fourth time as president, promising Russians an “economic and technological breakthrough” and reappointing his long-serving prime minister amid the deepest standoff with the West in decades. Despite Putin’s rhetoric, there’s little appetite in the Kremlin for real changes, according to senior officials, as the growing tension with the US and European Union ...

Bloomberg Unidentified gunmen killed at least 45 people in an attack in a central Nigerian region that has been plagued by violence between farmers and herder communities. The attackers also burned down homes in the district of Birnin Gwari, about 200 kilometres (124 miles) northwest of the capital, Abuja, Kaduna state police chief Austin Iwar said in a text message. ...

Bloomberg Italy’s two biggest political forces rejected the idea of a government of technocrats in talks with President Sergio Mattarella, increasing the chances of new elections as early as July to overcome a two-month deadlock. Center-right leader Matteo Salvini, who also heads the anti-immigrant League, demanded the head of state give him a mandate to try to form a government ...

Bloomberg UK Foreign Minister Boris Johnson is in Washington this week to make a last-ditch argument to persuade President Donald Trump to remain in the Iran nuclear deal, arguing the agreement is flawed but can be improved. “We need to find a way of fixing that, and the president has been right to call attention to it, but you can’t ...

Bloomberg French President Emmanuel Macron said he’s been “unrelenting” on the issue of Russian interference in the nation’s politics, and Russian President Vladimir Putin appears to have understood. “We will not let them get away with it,” Macron said in an interview with Le Journal du Dimanche. “It’s with this attitude that one can gain the respect of others. Russian ...

Bloomberg Not long after US authorities filed sealed charges against Volkswagen AG’s old chief executive officer, they granted the new CEO a rare safe-passage deal. The Justice Department agreement allows Herbert Diess, promoted last month to lead the German automaker, to travel the world freely without fear of being arrested in connection with the US’s diesel-rigging investigation, according to two ...