Bloomberg BHP Billiton Ltd, the world’s biggest mining company, forecast that iron ore production could be flat this fiscal year, while it sees petroleum output declining as much as 17 percent and the prices of its top earning materials remaining volatile. Capital spending on oil assets will plunge 44 percent to about US$1.4 billion in the year, after petroleum ...

  Bloomberg A crippling drought in Vietnam will probably cause the government to miss its 6.7 percent growth target this year, adding to pressure on new Prime Minister Nguyen Xuan Phuc as he seeks to reassure investors of his economic reforms. The economy will need to expand 7.6 percent in the second half of the year to achieve its full-year ...

  Bloomberg Japan’s largest mobile phone carriers are poised to report the highest quarterly profit in at least a decade, a rare bright spot as aggregate earnings at the nation’s largest companies slump under a stronger yen and weak consumer confidence. Operating income at the three largest carriers will probably rise 6 percent in aggregate to 858 billion yen (US$8 ...