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IMF says financial stability risks rising, urges bank asset repair
World financial markets have calmed after turmoil earlier this year, but more needs to be done to ensure global financial stability amid slowing growth, weak commodity prices and worries about China's economy, the International Monetary Fund warned on Wednesday.
Asian stocks turn lower on wary outlook; bonds firm
Asian shares gave up early gains and turned lower on Wednesday as investors shrugged off an overnight rally in global stocks and looked to bonds in the absence of signs of a sustainable recovery in China and other emerging markets.
Pound remains under siege, jittery start to week after Brexit
The pound remained under siege on Monday, sliding back toward a 31-year low as sentiment towards the currency remained in tatters after Britain opted to exit the European Union, triggering shockwaves across global markets.
June 26, 2016 | 05:40 pm PT
Singapore jails four Bangladeshi men for terrorism financing
A Singapore court jailed four Bangladeshi men in a terrorism financing case that has put the city-state's most marginalized migrant-worker community in the spotlight.
July 12, 2016 | 05:51 am PT
Vietnam to launch derivatives market in 2017
Futures contracts will be up for grabs for investors to hedge their bets.
September 16, 2016 | 03:56 am PT
Vietnam to adopt int'l financial reporting standards by 2025
Financial statements prepared under the new standards will give investors better insight into how companies perform.
December 25, 2016 | 11:39 pm PT
Betting on loans: Vietnam's companies named the biggest risk takers in Southeast Asia
A report found that Vietnamese corporate borrowers are turning to leveraging for fast expansion, despite poor repayment capacity.
May 14, 2017 | 11:17 pm PT
Poor management causes Vietnam's public debt to rise rapidly: official
While debt ratios are still within safe limits, both the government and foreign creditors have noticed a fast growth.
May 25, 2017 | 06:07 pm PT
Britain's finance industry faces 'tipping point' over Brexit
'Shifts out of the U.K. may gradually erode the 'cluster effect' of the financial ecosystem, with the threat of a tipping point in the ecosystem being reached.'
July 6, 2017 | 02:12 am PT
Financial sector not using its full power to fight human trafficking: report
'Human trafficking is both big business and a serious crime.'
July 12, 2017 | 12:34 am PT
Fitch affirms China's A+ rating with stable outlook
China's economic growth is expected to reach 6.6 percent this year.
July 13, 2017 | 05:14 pm PT
Singaporean bank gets go-ahead to open up in Vietnam
United Overseas Bank is the first Singaporean institute to be given a license to start up shop in Vietnam.
July 21, 2017 | 12:21 am PT
Vietnam launches derivatives market to boost liquidity
Vietnam's derivatives market is officially launched today, with stock futures contracts the first to begin trading.
August 9, 2017 | 11:01 pm PT
VPBank gets all clear to offer 1.3bln shares on Saigon market debut
The bank’s market capitalization is expected to reach $2.5 billion following the offering.
August 10, 2017 | 02:44 am PT
Vietnam named most affordable country in the world for foreigners
Nearly one in five said they have far more money at their disposal than their lifestyles require.
September 7, 2017 | 10:59 pm PT
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