News
US Insolvency Debate Grows After Treasury Data
5+ hour, 42+ min ago (821+ words) New U.S. Treasury financial reports have brought a new debate on the long-term fiscal health of the country and economists and former officials have started warning that the growing liabilities and unfunded commitments are straining federal finances. Reuters interpretation of trends…...
Crypto Rallies As Iran War Drives Hedge Demand, Bitcoin, Ethereum And XRP Rise
1+ week, 1+ day ago (870+ words) Cryptocurrencies surged on Monday alongside investors resorting to digital currencies as a safety measure against geopolitical uncertainty in the situation surrounding the growing conflict with Iran, although the larger financial markets are also fragile. The largest cryptocurrency in the world,…...
Vietnam's Manufacturing Sector Gains Momentum with New Global Investments
1+ week, 3+ day ago (555+ words) As countries around the world push for technological innovation and sustainable development, several manufacturing sectors in Vietnam are drawing increasing attention from both local and international investors. Industry observers say new investments are increasingly targeting the entire production chain, from…...
Gold Rises on Safe-Haven Demand Amid Middle East Conflict, stronger Dollar Limits Gains
2+ week, 4+ day ago (325+ words) Spot gold was gained 0.4 to hit a high of $5,156.11, which is still way below January record of 5,594.82 as the precious metal loses some of its safe-haven value due to dollar and rate fears. Gold prices soared on Thursday, boosted by…...
Gold Rises As Iran War Fuels Uncertainty
3+ week, 14+ hour ago (380+ words) The strait processes about a fifth of the oil shipments of the world, with a permanent interference, the supply and inflation of oil will cause a narrowing effect. The range and length of the conflict are highly open-ended and with…...
Vietnam Expects Tariff Agreement Soon as US Pushes to Shrink Trade Deficit
4+ mon, 1+ week ago (455+ words) Deputy Prime Minister Bui Thanh Son said on Wednesday, November 12, that Vietnam is aiming to sign a trade deal with the United States shortly, as fresh negotiations begin in Washington. The two nations decided in October to complete a trade…...
Asian Stocks Rise as Investors Await Nvidia Earnings and Fed Rate Cuts
6+ mon, 4+ week ago (390+ words) Asian stocks rose on Monday, led by a surge in China and modest optimism over potential interest rate cuts in the United States. MSCI's Asia-Pacific index outside Japan added 1.5%, while China's CSI 300 climbed 1.4% to a level not seen since mid-2022. Japan's…...
Asian Stocks Advance as Nikkei Hits Record High, Expectations for Fed Rate Cut Grow
7+ mon, 1+ week ago (273+ words) Asian equities advanced Wednesday, led by Japan's Nikkei 225, which hit an all-time high above 43,000 as trading resumed following a holiday. The MSCI All Country World Index touched a record of 949.19, too. The S&P 500 and Nasdaq reached fresh records on…...
Trump Even Considered Re-Appointing Janet Yellen as Fed Chair in Jerome Powell's Place, Treasury Secretary Scott Bessent Says
7+ mon, 1+ week ago (531+ words) President Trump is keeping a "very open mind" regarding a successor for Federal Reserve Chairman Jerome Powell and has even considered Janet Yellen for the role, Treasury Secretary Scott Bessent revealed on Tuesday. Trump has been critical of Powell and…...
Asian Market Struggle as Trump Expand Tariff War, Copper Hits Record High
8+ mon, 2+ week ago (379+ words) Asian stock markets were weak in early trading Wednesday. Investors were still attempting to digest a fresh round of tariff threats from President Donald Trump of the United States. Japan's Nikkei added 0.3%, and South Korea's KOSPI climbed 0.5%. Australia's ASX dropped…...