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Asia stocks, oil rally after Fed lowers rate hike forecasts
Hong Kong, China - Stocks, emerging market currencies and oil all rallied in Asia on Thursday after Federal Reserve chief Janet Yellen lowered expectations for US interest rate hikes this year.
Asian Markets: shares, dollar rise after Fed; focus now on BOJ
Asian stocks rose on Thursday after the U.S. Federal Reserve offered few clues on its monetary policy outlook, while the dollar edged higher as investors awaited the Bank of Japan's policy decision.
Analysis: Fed's 'forward guidance' shift leaves markets more wedded to data
Rising oil prices and a more stable Chinese economy allowed the Federal Reserve to shift its focus back to the home front on Wednesday, as it signaled that U.S. jobs and inflation data would determine whether it hiked interest rates in June.
April 27, 2016 | 06:05 pm PT
Bangladesh Bank officials say to meet NY Fed, SWIFT to recover cyber stolen money
Bangladesh's central bank chief will meet the head of the Federal Reserve Bank of New York and a senior executive from global financial messaging service SWIFT next week to seek the recovery of about $81 million stolen by hackers, officials in Dhaka said.
May 4, 2016 | 05:27 pm PT
China trade may sway Fed's rate decision
The Federal Reserve's debate over whether to raise U.S. interest rates in June may be decided in the coming week, as investors look for any cracks in China and evidence of a solid start to the second quarter in the United States.
May 8, 2016 | 05:10 pm PT
U.S. consumer prices post largest gain in three years
U.S. consumer prices recorded their biggest increase in more than three years in April as gasoline and rents rose, pointing to a steady inflation build-up that could give the Federal Reserve ammunition to raise interest rates later this year.
May 17, 2016 | 04:44 am PT
U.S. takes more steps to block N.Korea's access to financial system
The United States on Wednesday declared North Korea a "primary money laundering concern," and moved to further block its ability to use the U.S. and world financial systems to fund its weapons programs.
June 1, 2016 | 08:27 pm PT
U.S. trade deficit increases less than expected in April
The U.S. trade deficit increased less than expected in April as exports of goods rebounded strongly, suggesting that trade would be a boost to economic growth in the second quarter.
June 3, 2016 | 05:14 am PT
Global markets wrap up: Asian shares near 6-week high on oil, Fed expectations
Asian shares held near six-week highs on Wednesday, on a brightening outlook in the energy sector and hopes that the U.S. Federal Reserve will not raise interest rates in the coming months after a disappointingly weak U.S. jobs report.
June 7, 2016 | 05:25 pm PT
Global markets wrap up: Dollar on back foot after Fed scales back rate hike projections
The dollar was on the defensive on Thursday after the U.S. Federal Reserve lowered its economic growth forecasts and scaled back its rate hike projections, cementing expectations that it will have to skip tightening next month.
June 15, 2016 | 05:37 pm PT
Vietnam's forex market to see stability through year-end: report
Strong investment and remittance inflows have put the country in a good position this year.
October 31, 2016 | 08:28 pm PT
Vietnamese dong weakens as dollar surges following Fed rate increase
The Trump effect has already started even though he's not in the Oval Office yet.
December 15, 2016 | 01:09 am PT
Wall Street sees 2 more Fed rate hikes in 2017, at least 3 in 2018
Fed raises rates as job gains, inflation stoke confidence.
March 15, 2017 | 05:13 pm PT
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
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
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
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
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
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
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