Banks urged to further support COVID-19 affected customers
09:29 | 27/04/2020
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 ...
US Fed lowers key interest rate a third time
10:06 | 31/10/2019
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 ...
Euro touches two-year low as ECB signals stimulus and rate cut
09:10 | 26/07/2019
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 ...
S&P 500 hits 3,000 for first time as Fed signals possible rate cut
09:24 | 11/07/2019
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 ...
Door open to US rate cut as Fed's Powell flags economic uncertainties
09:21 | 11/07/2019
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 ...
More jobs put FED cut rates in question
10:43 | 06/07/2019
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 ...
Dow, S&P 500, Nasdaq end at records ahead of Jul 4 holiday
10:11 | 04/07/2019
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 ...
European stocks rally as rate cut prospect offsets trade war tensions
08:32 | 12/06/2019
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 ...
US-China trade tensions fuel exchange and deposit rate
10:55 | 29/05/2019
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
16:35 | 16/04/2019
The deputy general director of Vietnam Bank for Social Policies shares the highlights of the bank’s social housing lending programme this year.
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