Trump Mulls Privatizing US Postal Service Amid Financial Struggles
President-elect Donald Trump is reportedly considering the privatization of the United States Postal Service, amidst the agency's financial struggles and increasing net losses.
Economy News
Vietnam Emerges as Top Destination for Japanese Expansion in Southeast Asia
Vietnam leads Southeast Asia in Japanese firms' expansion plans despite a slight decrease from last year. All retail and food services businesses in Vietnam plan to expand, with si...
Singapore vs Malaysia: A Social Media Debate on Which Country Does It Better
A social media debate comparing Malaysia and Singapore sparked by an American tourist's post praising Malaysia. A Singaporean writer countered, leading to a fierce online discussio...
Vietnam Stocks Tumble Amidst Global Market Volatility
Vietnam's stock market closed lower, mirroring broader Asian market trends. Trading volume decreased by 15%, and the VN-30 basket saw 22 tickers fall. Foreign investors were net se...
Vietnam's Shrimp Exports Poised to Bounce Back to $4 Billion in 2024
Vietnam's shrimp export industry is set to reach $4 billion in 2024, marking a strong recovery from 2023. Growth in key markets and the shift towards higher value-added products ar...
US 10-Year Yield Surges Past 3-Month for the First Time in Over a Year
The US 10-year Treasury note yield surpassed the 3-month yield for the first time since November 2022, signaling potential Federal Reserve rate cuts and renewed confidence in long-...
Bank of Japan Delays Rate Hike Amid Economic Uncertainty
The Bank of Japan is expected to skip a December rate hike due to economic uncertainties, including US tariff strategies and upcoming wage hikes in Japan.
ECB Signals Gradual Rate Cuts Towards 2% Amid Eurozone Stability
Mario Centeno from ECB's Governing Council suggests gradual rate cuts towards 2% in coming quarters, maintaining a restrictive monetary policy stance.
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