global market News

Global Gold Prices Surge Amid Dollar Weakness and Escalating Trade Tensions

Gold prices have surged globally as the dollar weakens and trade tensions escalate, making gold a safe-haven for investors. Spot gold and U.S. gold futures both saw increases, with...

Volvo Cars Faces a 10% Sales Drop in March Amid Global Electric Vehicle Market Challenges

Volvo Cars reports a 10% global sales drop in March, with electrified models declining by 9%. Despite challenges, electric vehicles accounted for 43% of sales. Europe and the US sa...

Fitch Warns: US Tariffs on Auto Imports Could Drive Up Prices and Reshape Global Car Market

Fitch Ratings reports that US tariffs on auto imports could lead to higher prices and reduced demand, affecting global automakers unevenly. Some may struggle to adjust, potentially...

Bull Machines Expands Global Reach: Doubling Production and Targeting World No. 2 by 2030

Bull Machines, a Coimbatore-based heavy machinery manufacturer, is doubling its production capacity and expanding its global footprint, aiming to become World No. 2 by 2030. With 5...

Hindalco Announces Massive Rs 45,000 Crore Investment in Aluminium and Copper Sectors

Hindalco Industries announces a Rs 45,000 crore investment in its aluminium, copper, and specialty alumina businesses, aiming to transform into an advanced engineering solutions pr...

Global Economic Uncertainties Fuel Slight Rise in Gold Prices

Gold prices have seen a slight increase globally, influenced by a weakening dollar and uncertainties around U.S. trade policies. Experts remain optimistic about gold's outlook, cit...

Historic Surge: US Dollar Hits Record High Against Vietnamese Dong Amid Global Market Tensions

The US dollar reaches a historic high against the Vietnamese dong, influenced by global market tensions and tariff concerns. Vietcombank reports a record sale rate, while the State...

Global Oil Prices Surge Amidst New US Tariff Announcement on Steel and Aluminum

Crude oil prices surged over 1% following the US announcement of new tariffs on steel and aluminum imports, prompting warnings of countermeasures from global leaders and immediate ...

Gold Prices Surge to an 11-Week High Amid Global Market Uncertainties

Gold prices have reached an 11-week high, with a slight increase in the price of gold rings to VND87.8 million per tael. Globally, gold prices dipped slightly as the dollar strengt...

Gold Prices Experience Slight Decline Amidst Global Economic Uncertainty

Gold prices in Vietnam remained stable, while global gold prices saw a slight decline amidst anticipation of Donald Trump's inauguration speech. Experts suggest gold's safe-haven s...

India Aims to Lead Global Automobile Industry Within Five Years, Says Minister Gadkari

Union Minister Nitin Gadkari predicts India will lead the global automobile industry within five years, highlighting its significant job creation and economic impact. The industry ...

Vietnam Rises as a Dominant Force in the Global Durian Market

Vietnam has become a global leader in durian exports, with a 7.8-fold increase since 2022, driven by strong demand from China. The country's strategic planning, quality improvement...

Mercedes-Benz Faces a 4% Sales Drop in 2024, Yet Finds Silver Lining in North America

Mercedes-Benz Group AG experienced a 4% sales decline in 2024, with a notable 22% drop in battery electric vehicle sales. Despite challenges, North America saw an 8% growth, contra...

South Korean Cosmetics Exports Surge to a Record $10 Billion, Marking a Decade of Growth

South Korean cosmetics exports have reached a historic $10 billion, showcasing a decade of growth despite recent challenges. Skincare leads with $7.67 billion, while China remains ...

Global Gold Prices Climb: A Look at the Surge and Future Predictions

Gold prices have surged globally, with significant increases noted in 2024 and predictions of continued bullish trends in 2025. Factors include geopolitical risks, expectations of ...

KOFIA Unveils Bold Strategy for Financial Innovation and Global Market Domination by 2025

Seo Yoo-sek, president of KOFIA, outlines a strategic plan for 2025 focusing on financial infrastructure innovation, digital asset market expansion, global market presence, and inv...

Vietnam's Coconut Industry Aims to Capture Billion-Dollar Global Markets

Vietnam's coconut industry is thriving, with significant growth in export revenues and global recognition. The country aims to surpass $1 billion in coconut exports by 2024, levera...

Global Gold Prices Surge Amid Lower Rates and Geopolitical Tensions

Gold prices have seen a significant increase, with gold ring prices rising by 0.24% to VND84.5 million per tael. Globally, gold edged lower in light trading but is poised for a wee...

Dollar Makes Marginal Gains Against Vietnamese Dong Amid Global Market Fluctuations

The U.S. dollar sees marginal gains against the Vietnamese dong while experiencing fluctuations on the black market. Global currency markets, including the Australian dollar and Ja...

Gold Prices Plummet Amidst Global Market Uncertainty

Gold prices have experienced a significant decline, losing 0.7% to reach VND84.1 million per tael. This downturn follows a four-session rally and is attributed to a stronger U.S. d...