Vietnam Stocks Tumble Amidst Global Market Volatility
Vietnam's stock market closed lower, mirroring broader Asian market trends. Trading volume decreased by 15%, and the VN-30 basket saw 22 tickers fall. Foreign investors were net se...
Economy News
Vietnam's Shrimp Exports Poised to Bounce Back to $4 Billion in 2024
Vietnam's shrimp export industry is set to reach $4 billion in 2024, marking a strong recovery from 2023. Growth in key markets and the shift towards higher value-added products ar...
US 10-Year Yield Surges Past 3-Month for the First Time in Over a Year
The US 10-year Treasury note yield surpassed the 3-month yield for the first time since November 2022, signaling potential Federal Reserve rate cuts and renewed confidence in long-...
Bank of Japan Delays Rate Hike Amid Economic Uncertainty
The Bank of Japan is expected to skip a December rate hike due to economic uncertainties, including US tariff strategies and upcoming wage hikes in Japan.
ECB Signals Gradual Rate Cuts Towards 2% Amid Eurozone Stability
Mario Centeno from ECB's Governing Council suggests gradual rate cuts towards 2% in coming quarters, maintaining a restrictive monetary policy stance.
ECB's Gabriel Makhlouf Advocates for Gradual Interest Rate Cuts Amid Persistent Inflation Concerns
ECB's Gabriel Makhlouf supports gradual interest rate reductions despite persistent high inflation components, emphasizing the ECB's commitment to its 2% inflation target.
Singapore's Youngest Billionaire Expands His Empire to Abu Dhabi
Singapore's youngest billionaire, Kishin RK, establishes a family office in Abu Dhabi, aiming to expand investments in the UAE and Middle East while maintaining strong ties to Sing...
Spain's Consistent Inflation at 2.4% Celebrated by ECB's Escriva
ECB's Jose Escriva praises Spain's inflation consistency at 2.4%, highlighting the success of economic decisions and the stability of citizens' purchasing power.
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