Monday , November 25 2024

Recent Posts

$2.8-bln thermal power plant completed in central Vietnam

$2.8-bln thermal power plant completed in central Vietnam

The 1,330-megawatt Nghi Son 2 Thermal Power Plant in the central province of Thanh Hoa, which can supply electricity to over six million households, has gone on stream. With a total investment of nearly US$2.8 billion, it is the second biggest foreign project in the central province behind the $9-billion …

Read More »

Dollar gains as investors brace for higher rates

Dollar gains as investors brace for higher rates

The U.S. dollar extended its rally on Monday, hitting a five-week high on the yen after U.S. Federal Reserve Chair Jerome Powell signaled interest rates would be kept higher for longer to bring down soaring inflation. The dollar rose 0.5% and back above 138 against the Japanese yen to hit …

Read More »