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China failed to attract enough bidders in a government debt sale for a second time this week on speculation that policy makers will rein in money supply to avoid any pickup in inflation. China called for reform of the global reserve currency system Thursday at a meeting of world leaders
The BBC seemed to have spotted the green shoots of economic recovery. Either that or they're guessing that we'll all be bored witless by the credit crunch by the end of the summer. Investigators are looking for a man who robbed a bank in St. Marys. The robbery happened at
Bank For Agricultural Of Ho Chi Minh City
These are some of the leading stories in the official Vietnamese press on Tuesday. Reuters has not verified these stories. -- Partly private Dong A Bank said it made a gross profit of 385 billion dong.
Nucleus Software Exports, a leading provider of integrated software products for banks and financial institutions announced the successful 'go-live' of its cash management product CASH@WillTM at Bangkok Bank, Thailand. Thailand's Bank of Ayudhya BAY.BK, 33 percent owned by a unit of General Electric ( GE.N ), said on Friday it
Asian stocks fell for a sixth day, led by finance and mining companies, as an unexpected drop in Japanese machinery orders fanned concern a global economic recovery will falter. Bank of China announced it had carried out its first cross-border trade using the yuan, another step towards Beijing's aim of
There are to be more job losses in the banking sector in Tasmania. The ANZ Bank has announced it is to close its five state-based mortgage fulfilment centres across Australia. The positions affected are in addition to the 500 job cuts announced by the bank earlier this year in other
An Binh Rural Commercial Joint Stock Bank
After taking multibillion-dollar bailouts from the federal government, some of the nation's biggest banks are declining to lend a hand with a different financial mess: the California budget stalemate. Shares in top oil refiner fell 3.85 percent to 31.25 baht on worries that the company's refining margin would be affected
Bank of America Corp. , down 49 cents at $12.15 An analyst said the lender faces a 10 percent jump in uncollectible loans when it reports second-quarter earnings. The dollar gave up most of its big day-ago gains but came off its five-month low against the yen in Thursday trading,
ACB Bank - Asia Commercial Bank
There are to be more job losses in the banking sector in Tasmania. The ANZ Bank has announced it is to close its five state-based mortgage fulfilment centres across Australia. Nationally, 248 jobs will be axed. Tasty Catering has been named as one of Chicago’s 101 Best and Brightest Companies
Singapore's central bank has banned some of the island's biggest financial institutions from selling structured notes after they improperly marketed $367 million of the bonds that were linked to Lehman Brothers Holdings Inc.
Vietnam profit growth nearly 70 percents
The earning per share (EPS) of the market is estimated to rise 58.4% this year, higher than 53% in 2007 and -39.8% in 2008. The P/E ratio will stand at
An upmarket office tower to take shape in Hanoi
The Housing and Urban Developmennt Corporation (HUD) on March 21 began construction of a high-class Office Block (HUD Tower) in Thanh Xuan district, Hanoi with a total investment capital of
Gold association wants import restrictions lifted
The Vietnam Gold Business Association will request the government to remove restrictions on gold imports so that they are determined by local supply and demand, an official said. Gold should
Vietnam to Receive More Overseas Remittance This Year
Local financial experts and bankers shared a common consensus that Vietnam will receive a higher level of overseas remittance this year than the last year. Financial experts and bankers all
Optimism and caution at Vietnam investment summit
The Vietnamese Investment Summit 2010, which ended on Wednesday in Ho Chi Minh City, focused on the countrys economic strengths-providing potential investors and business people with a forum for discussion,
Manpower export: long-term vision a need
ASEAN economies are resuming very strongly, especially in Thailand, Singapore and Malaysia. This is very impressive because six months ago, nobody had that hope. Now it is important to maintain
Low-cost apartments selling slowly
Most of real estate developers now have shifted to developing low-cost apartment projects, because they believe that low-cost apartments will sell better than high-end apartments. Analysts also said that the
Opens the way for the growth of drug production in Vietnam
Domestic and foreign investors for the production of drugs call opens the way for the growth of drug production in Vietnam. The Ministry of Health (MoH) is calling for domestic