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Dollar Inches Up Against Dong – International Edition (English)
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On Thursday morning, the U.S. dollar saw a slight increase against the Vietnamese dong but declined when compared to most significant currencies. Vietcombank sold its dollars at a rate of VND26,150, which was 0.07% higher than before. The State Bank of Vietnam reduced its reference rate by 0.01% to VND24,927. In the underground market,…
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Un: $43 Billion Needed Annually To Meet 2030 Global Goals
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By Kingsley Webora TANKEH A financing roadmap drawn by the World Bank, United Nations Development Programme (UNDP) and other United Nations (UN) agencies in Ghana shows the\xa0 need to raise about US$522billion in order to meet the Sustainable Development Goals (SDGs) by 2030. Nevertheless, if we exclude the government’s annual revenue allocation from the…
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Gold Soars To 2-Week High: International Edition (English)
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On Thursday, Vietnam’s gold prices remained near an all-time high reached approximately two weeks prior. This stability occurred as global rates increased, accompanied by inflationary concerns. The Saigon Jewelry Company’s gold kafe increased by 0.41%, reaching VND122.7 million per tael. It should be noted that one tael is equivalent to 37.5 grams or approximately…
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Kenya’S Banks Ranked: Lowest To Highest Loan Rates – International Edition (English)
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The Central Bank of Kenya (CBK) disclosed that the average lending rate across commercial banks was 15.77%. Following the reduction of the base lending rate by 0.75%, which brought it down to 10%, the typical loan interest decreased by 0.64%. The Middle East Bank (K) Limited and Access Bank (Kenya) have the highest loan…
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Vietnam Sees ‘Significant’ Rise In Demand For U.S. Goods, Trade Minister Says
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According to Minister of Industry and Trade Nguyen Hong Dien, Vietnam exhibits “substantial and steady” demand for importing premium products and services from the United States. He stated on Wednesday during a meeting with executives from leading firms such as Petrovietnam, Vietnam Electricity, Vietnam Airlines, Vietjet, Thaco, and Viettel that businesses ought to proactively…
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Inflation Slows Sharply, Hits 21.2% In April 2025
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By Juliet ETEFE ([email protected]) The inflation rate keeps declining, as indicated by the Consumer Price Index (CPI) report for April 2025, which shows a year-over-year (y-o-y) inflation rate of 21.2 percent. This represents a decrease of 1.2 percentage points from the 22.4 percent noted in March 2025, marking five successive months of declining inflation…
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Birla Corporation Unveils Robust Q3 Performance And Expansion Plans Ahead
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VMPL Kolkata (West Bengal), India – May 10: Birla Corporation Limited closed FY24-25 with strong quarterly output and sales volumes, leading to a combined net profit of Rs 257 crore for the March quarter, marking a 33% increase compared to the previous year. This improvement followed three difficult quarters that impacted the whole sector.…
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Imf’S Favor To Pakistan Sparks Controversy: Congress Mp Manish Tewari Weighs In
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New Delhi [ India ], May 10 (ANI): Congress MP Manish Tewari criticized the International Monetary Fund for approving a $1 billion loan Pakistan , describing it as “highly regrettable,” and stated that the “empathy” towards the IMF towards Pakistan is clearly “unwarranted.” “It is terribly regrettable because the funds that go to Pakistan…
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Airasia Trims China Flights As Demand Wanes
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AirAsia is contemplating cutting back on flights between Thailand and China by at least 15% as a response to the downturn in the Chinese market. Simultaneously, the airline urges the Thai authorities to maximize tax refund benefits for visitors in an effort to swiftly boost consumer expenditure. Tassapon Bijleveld, executive chairman of Asia Aviation,…
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Sec Urges Enhanced Integration Among African Markets – International Edition (English)
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The Securities and Exchange Commission (SEC) has urged collaboration amongst African financial markets with the aim of fostering greater interconnectedness across the continent and promoting the creation of innovative products. During his visit to the Autorité Marocaine du Marché des Capitaux (AMMC), also known as the Moroccan Capital Market Authority in Rabat on Monday,…