Sunday , May 19 2024

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Oil gives up the year’s gains, closing at 2022 low

Oil gives up the year's gains, closing at 2022 low

The price of oil fell to its lowest level this year on Wednesday, forfeiting all of the gains since Russia’s invasion of Ukraine exacerbated the worst global energy supply crisis in decades. The world’s most actively traded commodity surged to nearly $140 a barrel in March, close to an all-time …

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Construction sites block traffic, disrupt life in HCMC

There are now 80 public construction sites around HCMC, many on major streets, causing traffic congestion and disrupting daily life. On the afternoon of December 1, long lines of cars and motorbikes inched little by little through a 50-meter section on Vo Van Ngan in Thu Duc City. The section …

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China eases Covid quarantine rules in major policy adjustment

China eases Covid quarantine rules in major policy adjustment

China’s national health authority said on Wednesday that asymptomatic COVID-19 cases and people with mild symptoms can quarantine at home, in the strongest sign yet that China is preparing its people to live with the disease. Most cases of infection with the coronavirus are asymptomatic or mild with no special …

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Binh Duong to spend $19.6M on surveillance camera system

Police in southern Binh Duong Province have proposed installing 421 cameras worth VND469 billion ($19.6 million) on major roads for security and accident surveillance, among other purposes. The camera installation project would be part of a plan to establish a smart city, with Binh Duong police as the main investor. …

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Thai economy firmly on recovery path despite risks

Thai economy firmly on recovery path despite risks

Thailand’s economy remains firmly on the path to recovery despite global uncertainty, and further interest rate hikes will be gradual to ensure that recovery continues, the finance minister said on Wednesday. Southeast Asia’s second-largest economy is stable, with relatively low interest rates, sufficient liquidity and strong fiscal and financial positions, …

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Trump Organization convicted of tax fraud in New York

Trump Organization convicted of tax fraud in New York

Donald Trump’s family business was found guilty of tax fraud by a New York jury Tuesday, dealing a blow to the ex-president as he eyes the White House again. The Trump Organization and separate entity the Trump Payroll Corp were found guilty on all counts, marking the first time the …

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