Leading sectors remain in doldrums

Leading sectors remain in doldrums

While the pandemic pushes businesses into woes and close to bankruptcy, the Ministry of Planning and Investment has proposed numerous measures on interest rate and tax support to help them survive.
Bank deposit rates start inching up

Bank deposit rates start inching up

Bank capital mobilisation activities are showing signs of slowing down while interest rates are starting to move up.
Banks urged to further support COVID-19 affected customers

Banks urged to further support COVID-19 affected customers

Governor of the State Bank of Viet nam Le Minh Hung has called on commercial banks to urgently simplify lending procedures to help COVID-19-affected firms easily access preferential interest rate loans.
US Fed lowers key interest rate a third time

US Fed lowers key interest rate a third time

The US Federal Reserve cut its benchmark interest rate for the third straight time on Wednesday (Oct 30) but is likely to hold off before providing more stimulus as it gauges economic risks.
Euro touches two-year low as ECB signals stimulus and rate cut

Euro touches two-year low as ECB signals stimulus and rate cut

The euro slid to a two-year low on Thursday (Jul 25) after the ECB signalled it could undertake new stimulus measures and cut rates to boost flagging growth and inflation in Europe.
S&P 500 hits 3,000 for first time as Fed signals possible rate cut

S&P 500 hits 3,000 for first time as Fed signals possible rate cut

The S&P 500 surged past 3,000 points for the first time on Wednesday (Jul 10) in early trading following congressional testimony from Federal Reserve Chairman Jerome Powell that pointed to a possible interest rate cut.
Door open to US rate cut as Fed's Powell flags economic uncertainties

Door open to US rate cut as Fed's Powell flags economic uncertainties

Federal Reserve Chair Jerome Powell on Wednesday (Jul 10) left the door open to an interest rate cut this month, pointing to uncertainty about trade frictions and global growth.
More jobs put FED cut rates in question

More jobs put FED cut rates in question

The uptrend in employment rates would put the Federal Reserve (Fed)  in question, shifting from discussing how much to cut rates to whether to cut at all.
Dow, S&P 500, Nasdaq end at records ahead of Jul 4 holiday

Dow, S&P 500, Nasdaq end at records ahead of Jul 4 holiday

Wall Street stocks surged to records on Wednesday (Jul 3) in a holiday-shortened session as a plethora of mixed US economic data appeared to boost the odds of a Federal Reserve interest rate cut.
European stocks rally as rate cut prospect offsets trade war tensions

European stocks rally as rate cut prospect offsets trade war tensions

European stock markets extended their strong run higher on Tuesday (Jun 11), with the prospect of a US interest rate cut helping to offset trade war tensions according to traders.
US-China trade tensions fuel exchange and deposit rate

US-China trade tensions fuel exchange and deposit rate

The US-China trade tensions and China’s currency devaluation have cast adverse impacts on interest rates in the local banking system.
Social housing lending a pillar of welfare activities

Social housing lending a pillar of welfare activities

The deputy general director of Vietnam Bank for Social Policies shares the highlights of the bank’s social housing lending programme this year.
Large banks cut lending interest rate to aid businesses

Large banks cut lending interest rate to aid businesses

On Wednesday, four State-owned banks said they would cut interest rates on đồng loans in the Government’s priority sectors to support firms in 2019, starting from Thursday.
Trump downbeat on Fed as markets tumble

Trump downbeat on Fed as markets tumble

With the stock market on track for its worst December since the Great Depression, Trump berated the Federal Reserve for its stewardship of the economy.
European stocks rise on rate hopes as oil rebounds

European stocks rise on rate hopes as oil rebounds

LONDON: European stocks mostly rose on Thursday (Nov 29), lifted by hopes that the US Federal Reserve may be moderating its stance on interest rate rises, dealers said.
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