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Laos to benefit from US-China trade war

Bloomberg Landlocked Laos may be a net beneficiary of the trade tension between the US and China. Chinese foreign-direct investment has climbed since the trade war began as firms seek alternative manufacturing sites to avoid US tariffs, said Bank of the Lao PDR deputy governor Vathana Dalaloy. “We may gain more than we lose,” she said in an interview in ...

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For Asia’s only losing EM currency, future looks even bleaker

Bloomberg India’s rupee is the only emerging Asian currency to weaken this quarter and its losses may gather pace as a report this week is forecast to show economic growth slid to a six-year low. The rupee, which has slumped almost 5% from this year’s high in July, is also under selling pressure due to escalating levels of public debt ...

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Impeachment reaches decision stage as Dems review evidence

Bloomberg House Democrats are starting to compress weeks of depositions, documents and testimony into a report almost certain to result in articles of impeachment against President Donald Trump, as the White House wages a campaign to discredit the investigation. Intelligence chairman Adam Schiff won’t rule out more witnesses or other avenues of investigation beyond a central focus: whether Trump tried ...

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