Moody's keeps negative outlook on German bank sector

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Báo Đầu Tư English 87 month(s) ago

FRANKFURT, October 14, 2010 (AFP) - International ratings agency Moody's maintained Thursday its negative outlook on the German banking sector owing to the lasting effects of the financial crisis and slow structural reforms.

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Crisis will have long-term impact on growth: ECB director

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Báo Đầu Tư English 87 month(s) ago

ROME, October 14, 2010 (AFP) - A top European Central Bank official warned on Thursday that the global financial crisis will have a long-term impact on economic growth and said traditional remedies were not enough.

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Prosecutors across US launch home seizure probe

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Báo Đầu Tư English 87 month(s) ago

WASHINGTON, October 13, 2010 (AFP) - Top US government lawyers in all 50 states on Wednesday unveiled a joint investigation into banks and mortgage companies who repossessed homes in the wake of the financial crisis.

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US trade deficit jumps to 46.3 billion dollars in August

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Báo Đầu Tư English 87 month(s) ago 2 related news

WASHINGTON, October 14, 2010 (AFP) - The US trade deficit jumped to 46.3 billion dollars in August, much worse than expected, as the gap with China hit a new record, government data showed Thursday.

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OPEC holds oil output amid price uncertainty

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Báo Đầu Tư English 87 month(s) ago

VIENNA, October 14, 2010 (AFP) - The Organization of Petroleum Exporting Countries left its official oil production target unchanged on Thursday amid an uncertain price outlook and data pointing to strong global energy demand.

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OPEC holds oil output amid price uncertainty

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Báo Đầu Tư English 87 month(s) ago 1 related news

Oil prices have almost trebled from lows of about 30 dollars at the height of the financial crisis in late 2008, yet OPEC members Algeria, Libya and Venezuela say they would like to see crude at 90-100 dollars.

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US jobless claims rise more than expected

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Báo Đầu Tư English 87 month(s) ago

New claims for US unemployment benefits rose by 13,000 last week, more than experts expected, government data showed Thursday.

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First ATM selling gold opens in Ho Chi Minh City

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Báo Đầu Tư English 87 month(s) ago

The Dong A Commercial Joint Stock Bank inaugurated its first automated teller machine (ATM) specifically for selling gold at its Tran Phu branch in district 5, Ho Chi Minh City.

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IFC to buy 10% stake in Vietinbank for $190 million

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Báo Đầu Tư English 87 month(s) ago 1 related news

HA NOI — Vietinbank agreed yesterday to sell a 10-per-cent stake in the firm to International Finance Corporation (IFC) for $190 million.

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Stocks Plunge on no Supportive News

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Báo Đầu Tư English 87 month(s) ago

Stocks Plunge on no Supportive News

Vietnam’s stock market plunged sharply on October 12 as no supportive news weakened investors’ sentiment, draining liquidity and share dilution concerns.

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Dung Quat refinery faces stockpile

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Báo Đầu Tư English 87 month(s) ago 4 related news

Inaccurate forecasting has seen a large stockpile build at the Dung Quat refinery.

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Asian shares slip as dollar sits at 15-year lows

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Báo Đầu Tư English 87 month(s) ago 1 related news

Asian shares slip as dollar sits at 15-year lows

HONG KONG, October 12, 2010 - Asian markets were lower Tuesday as traders were given a weak lead from Wall Street, while the dollar stayed at 15-year lows against the yen on expectations of US measures to boost the economy.

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S.Korea's STX wins 1.4 billion dollar shipbuilding order

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Báo Đầu Tư English 87 month(s) ago

SEOUL, October 12, 2010 (AFP) - South Korea's STX Offshore and Shipbuilding said Tuesday it had won a 1.4 billion dollar order to build large cargo ships for an European shipper.

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Top South Korean steelmaker suffers profits slip

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Báo Đầu Tư English 87 month(s) ago

SEOUL, October 12, 2010 (AFP) - South Korea's top steelmaker POSCO reported an 8.6 per cent fall in third-quarter net profit Tuesday, blaming the higher cost of raw materials.

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India extends BlackBerry access deadline by 90 days: report

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Báo Đầu Tư English 87 month(s) ago

NEW DELHI, October 12, 2010 (AFP) - India has given BlackBerry maker Research In Motion (RIM) an extended deadline of January 31 to provide its intelligence agencies a way of accessing all its services, a report said Tuesday.

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