News

The dollar fell on Thursday as Treasury yields continued to plumb new lows and investors bet the Federal Reserve would cut interest rates to offset the impact of a spreading coronavirus, while the euro bounced half a percent higher.

The yield on the benchmark 10-year Treasury note is trading near its record low on Thursday as concerns over the impact of the coronavirus dogged financial markets around the globe.

Oil prices continued their steep decline on Thursday, with U.S. West Texas Intermediate crude falling more than 5% at the low to $45.88 per barrel — a price not seen since Jan. 2019 — as fears of the coronavirus outbreak, and what it could mean for crude demand, continue to batter prices.

Gold prices jumped on Thursday as investors piled into safe-haven assets on mounting worries about how the coronavirus outbreak might hurt the global economy.

European stocks closed sharply lower Thursday as the rapid spread of the coronavirus weighed heavily on market sentiment.

Stocks fell sharply in volatile trading Thursday as investors worried the coronavirus may be spreading in the U.S. A slew of corporate and analyst warnings on the virus dragged down the major averages, tipping them into correction territory.

Stocks in Asia declined in Friday morning trade as fears over the spread of the coronavirus globally drove investors to safety.

The Viet Nam Business Forum (VBF) on Thursday launched the second edition of the Made in Viet Nam Energy Plan (MVEP 2.0) which recommends a diversified energy system prioritising domestic energy resources.

Google and Microsoft are accelerating efforts to shift production from China to Southeast Asian countries including Viet Nam amid the worsening coronavirus outbreak, the Nikkei Asian Review reported.