News

The expected execution of the EU-Vietnam Free Trade Agreement in 2020 will create great pressure on Vietnamese logistics businesses, insiders said.

The Ministry of Finance has cut the fees of nine securities services and exempted fees for six others as from March 19 as part of efforts to support the stock market amid the negative impact of the COVID-19 epidemic.

Gold prices slipped on Thursday as the dollar jumped to multi-year highs, with the coronavirus pandemic threatening to cripple economic activity and prompting investors to sell assets to keep their money in cash.

The dollar was headed for its biggest weekly gain since the 2008 crisis on Friday, as the coronavirus pandemic drives a dash for cash that is stretching the world’s financial plumbing.

Treasury yields fell on Thursday after global central banks took further steps to ease financial conditions to help countries counter the coronavirus damage.

U.S. oil jumped more than 23% on Thursday for its best day on record, as it clawed back more than half of the losses from Wednesday’s swoon.

European markets closed higher Thursday, after fluctuating for much of the session, with investors monitoring the coronavirus outbreak and digesting new policy announcements from the European Central Bank (ECB) and the Bank of England (BOE).

Stocks closed higher Thursday, erasing steep losses from earlier in the day as strong gains in big-tech shares led to a sharp turnaround.

Stocks in Asia Pacific rose in morning trade as investors await the release of China’s benchmark lending rate, expected later on Friday.