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US Fed unveils smaller hike to key interest rate

US Fed unveils smaller hike to key interest rate

The Federal Reserve moderated its all-out campaign to cool inflation Wednesday, lifting the benchmark lending rate by a half percentage point as its policy actions ripple through the economy. The increase takes the rate to 4.25-4.50 percent, the highest since 2007, but officials signaled that their battle to cool the …

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Vietnam makes biggest ever trade turnovers

Vietnam makes biggest ever trade turnovers

Vietnam’s trade turnovers exceeded US$700 billion so far this year, the highest ever, the customs department said. The trade turnovers had been worth $500 billion in 2020 and $600 billion last year. For the first 11 months of this year, exports rose 13.4% from a year earlier to $342.2 billion, …

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WHO eyes end to and Mpox emergencies in 2023

WHO eyes end to and Mpox emergencies in 2023

The World Health Organization said Wednesday it hoped that Covid-19 would no longer be a public health emergency in 2023, as it urged China to share information that could pinpoint how the pandemic started. As the third anniversary of the original outbreak rolls around, the WHO said the virus was …

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