SBV: Exchange rate rumours are inaccurate
The State Bank of Vietnam (SBV) has denounced a rumour about changes in its exchange rate management as inaccurate and…
Category: Economy
Vietnam strives to enhance skilled workforce
Bac Giang Province is focusing on developing a high-skilled workforce to bring in investments in the semiconductor industry and seize…
Bets on Canada rate cut bring hope for banks
Investors up and down Toronto’s Bay Street are increasingly betting on a June rate cut in Canada, potentially giving a…
Producer price index up 1.9% in April, from 1.6% in March
Malaysia’s producer price index (PPI), which measures the price changes of goods at the producer level, increased by 1.9% year-on-year…
US to sell off strategic petrol reserves in northeast
The US Department of Energy says that it will sell off a million barrels of petrol from a small strategic…
Exports rise but soft demand weighs on growth
apan’s exports rose for a fifth straight month in April, helped by a boost in value from the weak yen,…
UK inflation cools less than expected
UK inflation fell less than expected last month, fuelling doubt about when the Bank of England (BoE) can start cutting…
Krugman says he’s ‘fanatically confused’ on where rates are going
Nobel laureate in economics Paul Krugman says it’s entirely unclear where interest rate levels are headed over the medium term,…
Yield at 11-year high amid bets for further tightening
Japan’s 10-year government bond yield rose to an 11-year high of 1% amid mounting bets for further Bank of Japan…