Forex
Dollar bounces higher as traders brace for inflation data
© Reuters. U.S. one dollar banknotes are seen in this illustration By Tommy Wilkes LONDON (Reuters) – The dollar gained ground on Monday after last week’s drop as traders assessed the outlook for Treasury yields, while awaiting crucial U.S. inflation and retail sales data in coming days. Elsewhere it was a quiet start to a […]
Economy
Former Khanh Hoa deputy chairman arrested for land violations
A former deputy chairman of Khanh Hoa Province was arrested Thursday for handing over land plots to businesses without bids, costing the state hundreds of billions of dong (VND1 billion = $43,000). Dao Cong Thien, 59, was arrested by the Khanh Hoa anti-corruption police to be investigated for violating land management regulations. Vo Tan Thai, […]
Arrest of former Director of Construction Department on Bribery!!
KHANH HOA – Like the former leaders of Khanh Hoa province who were prosecuted before, the former director of this province’s Department of Construction was arrested on charges of making a mistake when allocating land to businesses “causing budget loss.” According to Tuoi Tre newspaper, on the afternoon of September 17, the Khanh Hoa Provincial Public […]
After sanctions, Huawei turning to businesses less reliant on high-end U.S. tech
© Reuters. Huawei logo at Huawei Technologies France in Boulogne-Billancourt By David Kirton SHENZHEN, China (Reuters) -Chinese telecoms equipment maker Huawei Technologies is making business resilience its top priority with a push to develop its software capabilities as it seeks to overcome U.S. restrictions that have devastated its smartphone business. Huawei was put on an […]
Commodities & Futures
Oil falls on fears faltering economic growth to hit demand
© Reuters. FILE PHOTO: A petrol station attendant prepares to refuel a car in Rome, Italy, January 4, 2012. REUTERS/Max Rossi By Noah Browning LONDON (Reuters) -Oil prices edged down on Wednesday as expectations grew that demand growth will fall as inflation and supply chain issues strain major economies, though surging prices for power generation […]
U.S. to waive sanctions on firm, CEO behind Russia’s Nord Stream 2 pipeline -source
© Reuters. FILE PHOTO: A road sign directs traffic towards the Nord Stream 2 gas line landfall facility entrance in Lubmin, Germany, September 10, 2020. REUTERS/Hannibal Hanschke/File Photo MOSCOW (Reuters) – Russian officials on Wednesday said Moscow’s fraught ties with Washington could benefit from the waiving of U.S. sanctions on the company in charge of […]
