Bloomberg President Donald Trump declared that talks with China on the first phase of a trade deal were near completion after negotiators from both sides spoke by phone, signaling progress on an accord in the works for nearly two years. “We’re in the final throes of a very important deal,” Trump told reporters at the White House. “It’s going very …

Bloomberg Oil sank as production hit a record high and refinery demand slipped, pushing stockpiles higher across US. Futures fell as much as 0.8% in New York after Energy Information Administration (EIA) reported that the US commercial crude inventories rose 1.57 million barrels last week and output hit 12.9 million barrels a day. The EIA report also showed gasoline inventories rose …

HANOI / WAM Vietnam attracted $31.8 billion in Foreign Direct Investment (FDI), in the first eleven months of 2019, up 3 percent year-on-year, according to the Foreign Investment Agency (FIA), under the Ministry of Planning and Investment. Of the figure, $14.68 billion was poured into 3,478 new projects, up 28 percent for the number of projects but down 7 percent …