Dollar surges, backed by positive US data

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Báo Đầu Tư English 3 day(s) ago

Dollar surges, backed by positive US data

The dollar marched higher on Friday against other major currencies, buoyed by improvement in US data and signs that the Federal Reserve is not bothered about deflation.

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Fed stays easy-money course

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VietnamNet English 2 week(s) ago

The Federal Reserve held its easy-money policies in place Wednesday in the face of a moderately growing economy facing headwinds from the government's severe "sequester" spending cuts.

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New $100 bill to enter circulation in October

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Báo Đầu Tư English 3 week(s) ago

New $100 bill to enter circulation in October

The United States will put a redesigned $100 bill, including an array of cutting-edge security features, in circulation in October, the Federal Reserve said Wednesday.

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US stocks hit new records on Fed minutes

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Báo Đầu Tư English 1 month(s) ago

US stocks hit new records on Fed minutes

US stocks powered to new record highs Wednesday after Federal Reserve meeting minutes suggested the Fed's easy-money policies would remain in place for a while longer.

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Fed minutes give slight boost to dollar

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Báo Đầu Tư English 1 month(s) ago

Fed minutes give slight boost to dollar

The dollar gained slightly on the euro Wednesday after the minutes to the last Federal Reserve policy meeting showed an increase in sentiment toward reeling in its QE bond-buying this year.

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U.S. Fed hints monetary stimulus to continue

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VietnamNet English 1 month(s) ago

U.S. Federal Reserve vice chair Janet Yellen on Thursday signaled that the central bank's monetary easing policies will continue until the U.S. economy substantially improves.

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Yen weaker in Asia as Tokyo nominates BoJ chief

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Báo Đầu Tư English 2 month(s) ago 1 related news

Yen weaker in Asia as Tokyo nominates BoJ chief

The yen eased Thursday as Japan nominated a new central bank chief known to favour aggressive easing and after the US Federal Reserve's head confirmed it would continue with its own loose monetary policy.

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AIG to weigh suing US over rescue

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Báo Đầu Tư English 4 month(s) ago

AIG to weigh suing US over rescue

AIG said Tuesday that it would consider suing the US over the government's massive $182 billion takeover and bailout of the insurer more than four years ago.

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US stocks end mostly flat after Fed cliff warning

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Báo Đầu Tư English 5 month(s) ago

US stocks end mostly flat after Fed cliff warning

US stocks closed mostly flat Wednesday after Federal Reserve Chairman Ben Bernanke warned politicians to reach a deal to avoid sending economy over the fiscal cliff.

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Oil prices rise on lower OPEC output data, Fed

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Báo Đầu Tư English 5 month(s) ago

Oil prices rise on lower OPEC output data, Fed

Oil prices rose modestly Tuesday after news of a drop in OPEC production in November and ahead of the wrap-up of a US Federal Reserve policy meeting, expected to expand its "QE" bond purchase operations.

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Dollar-euro flat, yen slips as US markets reopen

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Báo Đầu Tư English 7 month(s) ago

Dollar-euro flat, yen slips as US markets reopen

The dollar-euro rate ended virtually unchanged Wednesday while the yen slipped as US markets reopened following the devastating megastorm Sandy, which shut down markets in New York for two days.

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UK pick up lifts European shares, sterling

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Báo Tuổi Trẻ English 7 month(s) ago

UK pick up lifts European shares, sterling

LONDON – Global shares and commodity markets rose on Thursday, pulled out of their recent slide by encouraging data from Britain and China and the U.S. Federal Reserve's latest commitment to support growth.

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Fed officials offer divergent views on inflation risks

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Báo Tuổi Trẻ English 7 month(s) ago

Fed officials offer divergent views on inflation risks

NEW YORK/ROANOKE, Virginia – Federal Reserve officials offered divergent opinions on Monday about the correct stance for monetary policy, differing most sharply on the inflation risk posed by the central bank's massive efforts to buoy U.S. growth.

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Limited scope to stimulate economy

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Báo Đầu Tư English 7 month(s) ago

Limited scope to stimulate economy

The US Federal Reserve recently trumpeted its quantitative easing, known as QE3, purchasing additional agency mortgage-backed securities at a pace of $40 billion per month to stimulate this nation’s struggling economy.

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Bernanke defends Fed stimulus as China, Brazil raise concerns

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Báo Tuổi Trẻ English 7 month(s) ago

Bernanke defends Fed stimulus as China, Brazil raise concerns

TOKYO – Federal Reserve Chairman Ben Bernanke said on Sunday it was far from clear that the U.S. central bank's highly stimulative monetary policy hurts emerging economies, defending a policy raising concerns in China, Russia and Brazil.

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