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Vietnam succession battle heats up as president ousted

  Bloomberg Over the past few years, Vietnamese Communist Party Chief Nguyen Phu Trong has won praise from investors for removing corrupt officials. Now as some big names fall, it’s becoming clear his campaign serves another purpose: strengthening his hand in choosing a successor. This week Nguyen Xuan Phuc was ousted as president after assuming “political responsibility” for the “violations ...

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US wants to oppose China, EU wants to engage it: Le Maire

  Bloomberg Europe mustn’t get embroiled in a standoff between China and the US, and should instead forge its own path in strengthening economic relations, French Finance Minister Bruno Le Maire said. There is a “slight gap” between how Europe and the US deal with China, he told Bloomberg Television’s Francine Lacqua at the World Economic Forum in Davos. It’s ...

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Global bond issuance reaches record of nearly $600 billion

  Bloomberg The best start to a year for bond returns is helping fuel an unprecedented debt-sale bonanza by governments and companies around the world of more than half a trillion dollars. From European banks to Asian corporates and developing-nation sovereigns, virtually every corner of the new issue market is booming, thanks in part to a rally that’s seen global ...

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