Posts Tagged ‘ The exchange ’

TPG willing to invest $1 billion in Olympus 

January 14, 2012
TPG willing to invest $1 billion in Olympus 

A disassembled Olympus camera and its parts are seen in this illustrative photograph taken in Tokyo November 24, 2011. Private equity firm TPG Capital is willing to invest about $1 billion in Japan’s Olympus Corp in a joint deal with Sony Corp or another suitor circling the scandal-hit firm, a person familiar with TPG’s thinking [...]

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
Posted in International | Comments Off

Vietnam raises $89.4mn via government bonds on Jan 12 

January 14, 2012
Vietnam raises $89.4mn via government bonds on Jan 12 

  Vietnam’s State Treasury raised VND1.88 trillion ($89.4 million) by selling government bonds in its first auction of the year, the Hanoi Stock Exchange said. The treasury sold the entire amount of VND1 trillion of three-year debt it offered at a yield of 12.10 percent, and raised VND880 billion via five-year debt at 12.15 percent, [...]

Tags: , , , , , , , , , , , , , , , , , , , ,
Posted in Business | Comments Off

CME’s Duffy vs MF Global’s Corzine: A question of trust 

December 19, 2011
CME’s Duffy vs MF Global’s Corzine: A question of trust 

Terrence Duffy, executive chairman of the Chicago Mercantile Exchange (CME) Group. The drama over the meltdown of the brokerage firm MF Global pivots around a clash between two veteran traders who rose from relatively humble roots to the very top of the futures-trading business. One is Jon Corzine, the firm’s former CEO who just testified [...]

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
Posted in International | Comments Off

Vietnam central bank sold dollars to stabilize market: report 

October 16, 2011
Vietnam central bank sold dollars to stabilize market: report 

The central bank aims to keep the exchange rate stable until the end of the year. Vietnam’s central bank said it had sold a “reasonable” amount of dollars to stabilize the local market in the third quarter after a gold frenzy fueled dollar hoarding. The “timely” response helped ease the pressure on the exchange rate, [...]

Tags: , , , , , , , , , , , , , , , , , , , ,
Posted in Business | Comments Off

Vietnam central bank pledges stable exchange rate 

October 10, 2011
Vietnam central bank pledges stable exchange rate 

The central bank aims to keep the exchange rate stable The State Bank of Vietnam said it will keep the exchange rate stable, even as the dong has showed signs of weakening due to increasing dollar purchases for import and debt payments. The central bank said last week it aims to keep the rate stable [...]

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
Posted in Business | Comments Off

Vietnam taps reserves but dong still likely to slide 

September 9, 2011
Vietnam taps reserves but dong still likely to slide 

  The dong’s chronic weakness has repelled foreign investors and hampered attempts by Vietnam’s policymakers to reverse the faltering fortunes of an economy that only five years ago was one of Asia’s most promising. Until Vietnam rebuilds trust by decisively taming the region’s worst inflation and narrowing sizable trade and budget deficits, the risks of [...]

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
Posted in Business | Comments Off

Forex hike not unexpected 

August 13, 2011
Forex hike not unexpected 

After holding steady for months against the dollar, the Vietnamese dong began to show signs of weakening this week The Vietnamese dong has weakened after holding steady for months against the dollar, following a gold hoarding panic over the weekend. Commercial banks lowered the dong against the dollar on Thursday, increasing the exchange rate to [...]

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
Posted in Reports | Comments Off

Hanoi exchange to limit share price moves on debut by May 

March 25, 2011

  The Hanoi Stock Exchange, Vietnam’s second biggest, said it will require companies to set an initial share price on debut and limit moves to a maximum 30 percent from that level after “unreasonable” disparities between prices and value. Companies seeking to list on the bourse will have to submit their proposed initial price for [...]

Tags: , , , , , , , , , , , , , , , , , , , , , ,
Posted in Business | Comments Off

Forex crackdown has eased market tension: expert 

March 25, 2011
Forex crackdown has eased market tension: expert 

A staff member counts US dollar notes at a bank in Ho Chi Minh City The dong has strengthened against the dollar and dollar-denominated deposits have increased over the past week after the central bank clamped down on foreign exchange transactions in the unofficial market. On Thursday, the dollar traded at Vietcombank at VND20,865, down [...]

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
Posted in Reports | Comments Off

Vietnam starts futures trading at coffee exchange 

March 18, 2011
Vietnam starts futures trading at coffee exchange 

A farmer tends coffee trees in the Central Highlands province of Dak Lak Vietnam started futures trading at its only coffee exchange last Friday, said Nguyen Tuan Ha, director of the Buon Ma Thuot Coffee Exchange in the Central Highlands province of Dak Lak. Futures trading at the exchange will help local traders and growers [...]

Tags: , , , , , , , , , , , , , , , , , , , , , , , ,
Posted in Business | Comments Off

Feature

Vietnam, Cuba foreign ministries to bolster ties

By

Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...