Posts Tagged ‘ The financial ’

Single-digit inflation target feasible, says ADB exec 

January 9, 2012
Single-digit inflation target feasible, says ADB exec 

    Street vendors ply their goods in downtown Ho Chi Minh City. The Asian Development Bank has lowered Vietnam’s economic growth forecast in 2012 to 6.3 percent from 6.5 percent forecast last September. With the world economy remaining mired in difficulty, the Asian Development Bank forecasts a difficult year ahead for Vietnam. However, it [...]

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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 [...]

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Angelina Jolie and family leave Vietnam after retreat 

November 19, 2011
Angelina Jolie and family leave Vietnam after retreat 

  Hollywood actress Angelina Jolie (C) waves to the media as she stands with her adopted sons Pax Thien (R) from Vietnam and Maddox from Cambodia at a security check point before leaving Con Dao Island, off Vietnam’s southern coast on Wednesday (November 16) Hollywood star Angelina Jolie and her six children wrapped up their [...]

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Judge upholds eviction of Wall St. protesters 

November 16, 2011
Judge upholds eviction of Wall St. protesters 

Bill Talen, known as Reverend Billy (C), delivers a speech to members of the Occupy Wall Street movement as they return to Zuccotti Park in New York November 15, 2011. A judge upheld New York City’s right to evict Occupy Wall Street protesters from a park on Tuesday after baton-wielding police in riot gear broke [...]

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Harvard’s walkout students misunderstand economics 

November 14, 2011
Harvard’s walkout students misunderstand economics 

  What’s wrong with Ec 10? The dozens of Harvard University undergrads who walked out of the school’s famous introductory economics course this month think they know. The students’ general criticism is that Ec 10, in which some 700 students are enrolled, “espouses a specific — and limited — view of economics.” Their specific criticisms [...]

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Obama toughens tone with China as businesses vent 

November 14, 2011
Obama toughens tone with China as businesses vent 

President Barack Obama arrives during the first plenary meeting at the APEC Summit in Honolulu, Hawaii November 13, 2011. The head of Boeing chose his words carefully as he explained to President Barack Obama the “dilemma” that Corporate America faces in trying to do business in China. “We see a world where our interests lay [...]

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Vietnam should consider merging its banks, ADB says 

September 16, 2011
Vietnam should consider merging its banks, ADB says 

  Vietnam should consider consolidating its banks and infusing more capital into lenders as part of structural reforms of the financial industry, the Asian Development Bank said Wednesday. “The number of banks is obviously too many, compared to the size of the economy,” Tomoyuki Kimura, Asian Development Bank’s country director for Vietnam, said in an [...]

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China mulls new regulator for state financial sector 

August 3, 2011
China mulls new regulator for state financial sector 

An investor smiles as she walks past screens showing stock information at a brokerage house in Wuhan, Hubei province June 24, 2011. China is considering a proposal to create a ministerial-level body to manage its state-owned banks and non-bank financial enterprises, two sources with knowledge of the plan said, a move that would strengthen Beijing’s [...]

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Vietnam can benefit from Australian resilience: report 

June 13, 2011
Vietnam can benefit from Australian resilience: report 

Austrade Chief Economist Tim Harcourt (R) talks with Australian Consul General Graeme Swift during the launch of the Financial Services Benchmark Report in Ho Chi Minh City on June 10, 2011 The Australian economy in general and its financial services sector in particular have proved their resilience and strength, emerging virtually unscathed from the global [...]

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AIG share sale raises $8.7 billion after record bailout 

May 25, 2011
AIG share sale raises $8.7 billion after record bailout 

The logo of American International Group (AIG) is seen at their offices in New York in this file photograph from September 18, 2008. The US Treasury made a small profit when it sold a portion of its shares in American International Group Inc on Tuesday, but it was unclear how its investment in the beleaguered [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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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...