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Vinhomes poised to price $1.35bn share sale at top

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 ...

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Biggest miner BHP says China’s shift to quality iron ore will hold

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 ...

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China softens tone on trade after US leaves empty handed

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 ...

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