24h Economy: Yen extends its increase streak as investors expect BoJ to raise interest rates

Phương Anh |

Yen extends its increase streak as investors expect the BoJ to raise interest rates; Securities hit a historic peak... are notable economic news in the past 24 hours.

Yen extends its increase streak as investors expect BoJ to raise interest rates

According to Lao Dong, on August 6, the Japanese Yen (JPY) slightly increased against the US Dollar (USD), maintaining its recovery momentum after falling sharply in many previous sessions.

Dong Yen tang nhe so voi USD nho ky vong BoJ nang lai suat, nhung ap luc tieu dung va chinh tri khien da tang thieu ben vung. Anh: Phuong Anh
The Yen increased slightly against the USD thanks to expectations of a BoJ rate hike, but consumer and political pressure caused the increase to be unsustainable. Photo: Phuong Anh

However, this increase is still quite reserved, as investors are not fully confident in the possibility that the Bank of Japan (BoJ) will soon raise interest rates.

Currently, the market still expects the BoJ to raise interest rates at the end of this year - which has supported the Yen in recent times. However, less positive economic signals are shaking this confidence. See more...

Factors that help Vietnamese network operators enter the top fastest network operators in the world

According to Mr. Nguyen Phong Nha - Deputy Director of the Department of Telecommunications, stopping 2G and 3G technologies contributes significantly to increasing network access speed. Video: Hao Thien

Securities hit a historic peak

In the trading session on August 6, investors were somewhat concerned that the amount of more than 2.8 billion shares traded in the session on August 5 would put pressure on the market in the last 2 sessions of the week.

However, the waiting mentality was removed when realizing that the profit-taking supply was not large, investors boldly disbursed. Cash flow is still mainly concentrated in the banking group, then gradually spread to other industry groups, helping the VN-Index close the session at the highest level of the day and also the highest closing point in the history of the market, breaking the old record just set on July 28, although liquidity decreased sharply compared to the record session on August 5.

Nha dau tu chung khoan dang giai ngan manh. Anh: Le Toan
Stock investors are disbursing strongly. Photo: Le Toan

VN-Index increased by 26.56 points (+1.72%) to 1,573.71 points. Total trading volume reached 1.37 billion units, worth VND38,911 billion, down 51% in volume and 50% in value compared to yesterday's trading session. Of which, the agreement transaction only contributed 57 million units, worth VND 1,603.4 billion. See more...

Hanoi Urban Railway earns 3 times more than the same period

Hanoi Railway Company Limited (Hanoi Metro) - the operator of the Cat Linh - Ha Dong and Nhon - Hanoi Railway Station metro lines, has just released its financial report for the first half of 2025. According to the report, after-tax profit was VND 9.98 billion, nearly 3 times higher than the VND 3.34 billion in the first 6 months of 2024.

Duong sat do thi Ha Noi lai gap 3 lan cung ky. Anh: Pham Dong
Hanoi Urban Railway made 3 times more profit in the same period. Photo: Pham Dong

The main factor that helps Hanoi Metro's after-tax profit increase sharply comes from financial revenue with VND23.6 billion from deposit and loan interest. The report also shows that the company currently has more than 83 billion VND deposited in banks, nearly double the figure at the beginning of the reporting period.

In 2025, Hanoi Metro aims to have a total revenue of VND 878.4 billion, an increase of 40% compared to 2024. See more...

Phương Anh
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Yen continues to increase in price thanks to expectations of BoJ raising interest rates

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Phương Anh |

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