US President Donald Trump arrives for a 'Make America Great Again' campaign rally at McKenzie Arena, in Chattanooga, Tennessee. (Nicholas Kamm/AFP) Cleveland, Ohio; Fort Wayne, Indiana; then Cape Girardeau, Missouri: it will be well after midnight before the real estate billionaire and populist showman gets back to the White House - and only a few hours more before polls open on Tuesday across the world's largest economy. "Don't fall for the Suppression Game. Go out & VOTE. Remember, we now have perhaps the greatest Economy (JOBS) in the history of our Country!" he tweeted on Monday before setting off for the furious final round of campaigning. "With turnout predicted to spike compared to previous cycles, and US networks rolling out wall-to-wall coverage, Trump told a cheering crowd in Cleveland the media were "making a fortune" thanks to him and his supporters. "The midterm elections used to be, like, boring," he quipped. "Now it's like the hottest thing." Trump is not on the … [Read more...] about Trump makes final push in US midterm elections
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BUSINESS NEWS IN BRIEF 8/8
VIB buys back all bad debt from VAMC Vietnam International Bank (VIB) announced last week that it has repurchased more than VND1.46 trillion (US$64.2 million) worth of debt from the Viet Nam Asset Management Company (VAMC). With this move, VIB was recognised by the State Bank of Viet Nam and VAMC as one of four banks which required all bad debts that they sold to VAMC. Three others are Vietcombank, Techcombank and MBBank. Earlier in July, VIB released its financial report in the first half of 2018 with a profit of over VND1.15 trillion ($51 million), triple that of the same period last year, or equivalent to 57 per cent of the yearly target. During the period, the banks’ net revenue reached VND2.7 trillion, up 56 per cent year-on-year, while its lending saw a yearly rise of 9 per cent to VND91.7 trillion. From January to July, VIB’s Capital Adequacy Ratio (CAR) was maintained at 12.5 per cent while the cost-income ratio (CIR) stood at 49 per cent, … [Read more...] about BUSINESS NEWS IN BRIEF 8/8