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Vietnam is buying more US goods after Trump calls it trade abuser

Bloomberg Vietnam is buying more US goods to help it reduce a $39.5 billion surplus, after President Donald Trump called the country a trade abuser. “Vietnam has made great efforts to improve the trade balance between the two countries, increasing imports,” Ministry of Foreign Affairs spokeswoman Le Thi Thu Hang said in a statement. Vietnam is improving investment conditions for ...

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Ghosn arranges, abruptly cancels, press briefing

Bloomberg Ex-Nissan Motor Co Chairman Carlos Ghosn abruptly cancelled a press conference scheduled only hours before, at which he was due to “speak out” about his case. It would have been his first briefing in person since his arrest in November. Only hours after announcing the hastily arranged briefing, reports emerged that Ghosn would not appear at the event and ...

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Vanguard-backed travel planner defaults amid India credit scare

Bloomberg A travel planner in India backed by the world’s second-largest asset manager Vanguard Group has defaulted on debt and its shares fell to a record low, as cracks in the nation’s credit market spread. Cox and Kings Ltd has paid only 500 million rupees ($73 million) of the two billion rupees due on unsecured commercial papers, according to an ...

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