Oil prices leap 8% on lower US output, OPEC signal

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Báo Đầu Tư English 1 day(s) ago

Oil prices leap 8% on lower US output, OPEC signal

Oil prices surged higher on Monday as the US government lowered its domestic production estimate and OPEC said it was "ready to talk" to producers about multi-year low prices.

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Dollars, gold cool down

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SaiGon GP English 5 day(s) ago

The US dollar exchange rate has been lowered by most banks on August 27.

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China cuts rates, reserve ratio to aid economy

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Báo Thanh Niên English 1 week(s) ago 1 related news

China cuts rates, reserve ratio to aid economy

China's central bank cut interest rates and lowered the amount of reserves banks must hold for the second time in two months on Tuesday, ratcheting up support for a stumbling economy and a plunging stock market that has sent shockwaves around the globe.

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China's yuan move could reignite Asian currency wars

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Báo Thanh Niên English 3 week(s) ago 3 related news

China's yuan move could reignite Asian currency wars

China’s surprise devaluation of the yuan couldn’t have come at a worse time for some Asian currencies.

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Thailand cuts 2015 GDP estimate to 3.0 percent

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VietnamPlus English 1 month(s) ago

Thailand's Finance Ministry has officially lowered this year’s economic growth estimate as a result of the global economic slowdown.

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Prices of petrol reduced

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Báo điện tử CP English 1 month(s) ago

Prices of petrol reduced

VGP - The prices of RON 92 gasoline and E5 were reduced by VND260 (US$ 1.2 cents) and VND425 (US$2 cents) per liter from 3 p.m., respectively, according to the Ministries of Industry and Trade and Finance.

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Standard Chartered cuts Philippine economic growth forecast

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VietnamPlus English 2 month(s) ago

The Standard Chartered Bank has recently lowered its forecast for the Philippines’ economic growth in 2015 to 5.7 percent from a previous prediction of 6 percent.

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Central bank says to keep borrowing costs stable in second half of 2015

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Báo Thanh Niên English 2 month(s) ago

Central bank says to keep borrowing costs stable in second half of 2015

Interest rates are 6-9 percent for short-term loans. Photo: Ngoc Thang

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Indonesia lowers economic growth target to 5.5 percent

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VietnamPlus English 2 month(s) ago

Indonesia lowers economic growth target to 5.5 percent

The Indonesian government has lowered its economic growth for 2016 to 5.5 – 6 percent, from the previous target of 5.8-6.2 percent.

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Singapore’s economic growth projections kept at 2.7 percent

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VietnamPlus English 2 month(s) ago

Economists have slightly lowered their forecasts for Singapore’s 2015 growth to 2.7 percent from the earlier 2.8 percent, according to a survey conducted by the Monetary Authority of Singapore (MAS).

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There they go again: Asia central bank policies spur bubbles

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Báo Thanh Niên English 2 month(s) ago

There they go again: Asia central bank policies spur bubbles

Recent years have seen reams of research on the role of central banks in inflating asset-price bubbles. The latest developments in Asia suggest that more may be coming.

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Interest rate for preferential credit programmes reduced

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VietnamPlus English 3 month(s) ago

The Prime Minister recently issued Decision 750/QD-TTg on lowering interest rates for preferential credit programmes at the Vietnam Bank for Social Policies (VBSP).

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HCM City urges banks to cut interest rates

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VietNam News English 3 month(s) ago

Interest rates on long - and medium-term loans should be lowered by at least 1.5-2 per cent to speed up credit growth and help companies revive, National Assembly delegates from HCM City have told commercial banks.

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The bar has been lowered on bar culture

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VietNam News English 4 month(s) ago

The bar has been lowered on bar culture

With the import of bar culture from Western countries, now Ha Noi's nightlife is being coloured by the birth of lively, dynamic bars. Increasingly, the opening of these bars is opening new leisure spots for young people to enjoy.

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Press digest – May 4-10

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Báo điện tử CP English 4 month(s) ago

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