Market News

Market

US Dollar Hits 3-Week Low Against Vietnamese Dong Amid Global Currency Fluctuations

The US dollar has reached a three-week low against the Vietnamese dong, with Vietcombank selling the dollar at VND26,120. The State Bank of Vietnam adjusted its reference rate slig...

Market

VN-Index Continues Its Winning Streak: A Third Consecutive Session of Gains

The VN-Index shows resilience with gains in seven out of eight sessions this month, despite a slight decline. Trading volume surged by 10% to VND27.33 trillion, the highest in thre...

Market

Dow Futures Dip as US-China Trade Talks and Walmart Earnings Stir Market Uncertainty

US stock futures fell early Thursday amid ongoing US-China trade negotiations and anticipation of Walmart's quarterly report. Dow, S&P 500, and Nasdaq futures all saw declines,...

Market

Global Oil Demand Growth Slows: WTI Prices Plummet 4% Amid IEA Forecasts

WTI prices fell over 4% as the IEA predicts slower global oil demand growth for 2025 and 2026, alongside unexpected increases in US crude inventories raising supply concerns.

Market

BOK Governor Advocates for Asset Annuitization and Labor Reforms to Combat Elderly Poverty in Super-Aged Korea

Bank of Korea Governor Rhee Chang-yong proposes asset annuitization and labor reforms to address elderly poverty in South Korea's super-aged society, emphasizing community responsi...

Market

Thyssenkrupp Shares Plummet 9% Amidst Sales Decline and Market Uncertainty

Thyssenkrupp AG's shares fell by 9.14% after reporting a 5% drop in sales for the first half of the fiscal year, citing weak markets and macroeconomic uncertainty. The German steel...

Market

Global Oil Demand in 2025 Faces Significant Downturn as IEA Slashes Forecasts

The International Energy Agency (IEA) has revised its 2025 global oil demand forecast downward, indicating significant changes in energy consumption trends and market expectations....

Market

Securities Firms Join Banks in Resuming Gold Bar Sales Amid Market Volatility

KOMSCO resumes gold bar sales through securities firms, offering investors new avenues for purchase amid fluctuating market demands and prices, with caution advised for future vola...