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- EEMBarrons.com•13 hours ago
In the week that was, Vietnam Prime Minister Nguyen Xuan Phuc said the country will ease foreign bank ownership limits this year. BBH reports Vietnam's ownership limit is 30%, and the new ceiling was not specified. Phuc added that the government is willing to sell underperforming banks “entirely.” With the Communist Party of Vietnam entrenched and political continuity expected, economic growth is the key variable to party legitimacy, says Teneo Intelligence Analyst Bob Herrera-Lim in his Vietnam Outlook for 2017.
- SPYBarrons.com•13 hours ago
Stocks finished the week little change as Donald J. Trump officially took office as the 45th President of the United States. The Nasdaq Composite dropped 0.3% this week after advancing 0.3% to 5,555.33 today. CMG Capital Management Group's Stephen Blumenthal considers the pros and cons of a Donald Trump presidency: Today Donald J. Trump was sworn in as the 45th President of the United States.