China's trade imbalance with US a long-term problem, says central bank governor: Caixin

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China's trade imbalance with US a long-term problem, says central bank governor: Caixin

BEIJING (Reuters) – China's “huge” trade imbalance with the United States is a structural and long-term problem and should be viewed with rationality, the Chinese central bank governor was quoted as saying by financial magazine Caixin.
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Vinhomes Is Said Poised to Price $1.35 Billion Share Sale at Top

Vinhomes's offering is set to become the largest-ever share sale in the Southeast Asian nation, surpassing the $922 million deal from Techcombank last month, according to data compiled by Bloomberg. The volume of first-time share sales in Vietnam this year is on track to hit an all-time record high, the
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Westpac's Safe House Has Shifting Foundations

As Australia's housing market goes, so goes Westpac Banking Corp. The company tends to duke it out with Commonwealth Bank of Australia at the top of the country's mortgage market, with about 24 percent of the owner-occupied loan book and 27 percent of investment mortgages among bank lenders.
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OCBC Drops on Concern Profit Growth Relied on Loan Provisions

Oversea-Chinese Banking Corp. shares fell the most in a month after the Singaporean bank posted first-quarter profit growth that relied largely on a drop in loan provisions as lending margins stagnated. Southeast Asia's second-largest bank slid as much as 3.2 percent in Singapore on Monday morning
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Watchdogs take aim at Samsung BioLogics

If a breach of accounting regulations is found, the Securities and Futures Commission, a legal entity within the FSC, will decide the level of penalty in a regular weekly meeting … Samsung BioLogics, South Korea's largest contract manufacturing company, is suspected of violating accounting standards.
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