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Gold prices drop

Gold prices drop

SJC gold price fell 0.22% to VND67 million ($2,848.94) per tael Thursday morning.
Gold prices dip

Gold prices dip

Fed raises rates, opens door to pause in tightening cycle

Fed raises rates, opens door to pause in tightening cycle

US Fed delivers small rate hike amid global banking turmoil

US Fed delivers small rate hike amid global banking turmoil

The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point, but indicated it was on the verge of pausing further increases in borrowing costs after the recent collapse of two U.S. banks.
March 22, 2023 | 04:55 pm PT
As banks shake, markets hear the sound of peaking rates

As banks shake, markets hear the sound of peaking rates

Investors scrambled to pull down global rate expectations on Monday and abandoned bets on the Fed upsizing its rate hikes next week, reckoning the biggest American bank failure since the financial crisis will make policymakers think twice.
March 13, 2023 | 04:14 am PT
Fed delivers small rate increase; Powell suggests 'couple' more hikes coming

Fed delivers small rate increase; Powell suggests 'couple' more hikes coming

The Federal Reserve said on Wednesday it had turned a key corner in the fight against high inflation, but that "victory" would still require its benchmark overnight interest rate to be increased further and remain elevated at least through 2023.
February 1, 2023 | 05:58 pm PT
Stocks rise, dollar falls after Fed hikes as expected

Stocks rise, dollar falls after Fed hikes as expected

A gauge of global stocks rose and the U.S. dollar and Treasury yields were lower on Wednesday after the Federal Reserve raised its target interest rate by the expected 25 basis points but communicated more increases were on the horizon.
February 1, 2023 | 05:13 pm PT
Dollar clings to gains as bets on further Fed hikes firm

Dollar clings to gains as bets on further Fed hikes firm

The dollar fought for a footing in choppy trade on Thursday, with support from upbeat U.S. data and hawkish policymaker comments, while the prospect of higher energy prices helped exporters' currencies and weighed on those of importers.
October 5, 2022 | 06:00 pm PT
Central banks raise rates again as Fed drives global inflation fight

Central banks raise rates again as Fed drives global inflation fight

Global central banks continued raising interest rates on Thursday, following the U.S. Federal Reserve in a fight against inflation that is sending shockwaves through financial markets and the economy.
September 22, 2022 | 06:10 pm PT
Vietnam's central bank increases deposit interest rate ceiling

Vietnam's central bank increases deposit interest rate ceiling

For the first time in two years, Vietnam's central bank has increased a series of regulatory interest rates, including deposit, rediscount and refunding rates.
September 22, 2022 | 06:29 am PT
Fed set for big rate hike as waters get choppy for world's central banks

Fed set for big rate hike as waters get choppy for world's central banks

The Federal Reserve is expected on Wednesday to lift interest rates by three-quarters of a percentage point for a third straight time and signal how much further and how fast borrowing costs may need to rise to tame a potentially corrosive outbreak of inflation.
September 21, 2022 | 01:20 am PT
Dollar hits 20-year high as data support aggressive Fed

Dollar hits 20-year high as data support aggressive Fed

The dollar index vaulted to a 20-year high on Thursday, and notched a 24-year peak against the rate-sensitive Japanese yen, after U.S. data showed a resilient economy, giving the Federal Reserve more room to aggressively hike interest rates to quell inflation.
September 1, 2022 | 06:18 pm PT
Fed rolls out biggest rate hike since 1994, flags slowing economy

Fed rolls out biggest rate hike since 1994, flags slowing economy

The Federal Reserve on Wednesday approved its largest interest rate increase in more than a quarter of a century to stem a surge in inflation that U.S. central bank officials acknowledged may be eroding public trust in their power, and being driven by events seen increasingly out of their hands.
June 15, 2022 | 07:22 pm PT
Vietnam's exchange rate unchanged following Fed's interest rate hike

Vietnam's exchange rate unchanged following Fed's interest rate hike

Most currencies of developing countries have fallen against the U.S. dollar after the Federal Reserve raised interest rates last week, but not for the Vietnamese dong.
May 10, 2022 | 05:53 pm PT
Vietnam gold prices jump as US readies for interest rate cuts

Vietnam gold prices jump as US readies for interest rate cuts

Gold prices rose in Vietnam Thursday morning as the U.S. Federal Reserve kept interest rate unchanged with possible cuts in the offing.
June 20, 2019 | 02:48 am PT
Southeast Asia stocks: Most rise in hopes of a dovish Fed, Vietnam leads gains

Southeast Asia stocks: Most rise in hopes of a dovish Fed, Vietnam leads gains

Most Southeast Asian stock markets rose on Monday with Vietnam leading gains as investor sentiment buoyed ahead of a U.S. Federal Reserve's policy meeting.
March 18, 2019 | 12:08 am PT
Higher Fed interest rate could weaken Vietnamese currency

Higher Fed interest rate could weaken Vietnamese currency

The U.S. recent interest hike might result in a high demand for U.S. dollars in Vietnam, weakening the local currency further, experts say.
December 22, 2018 | 04:58 pm PT
Accused Russian agent Butina met with US Treasury, Fed officials

Accused Russian agent Butina met with US Treasury, Fed officials

Russian agent Maria Butina had wider high-level contacts in Washington than previously known.
July 22, 2018 | 05:18 pm PT
Firming prices may sink Vietnam's robusta shipments despite Fed rate hike

Firming prices may sink Vietnam's robusta shipments despite Fed rate hike

Vietnam's coffee prices have risen 11 percent so far in the 2016/2017 crop year.
March 16, 2017 | 12:19 am PT
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