Yen drops to record low in more than a month
According to Lao Dong, on June 23, the Japanese Yen (JPY) continued to weaken and fell to its lowest level since May 15, due to the USD's widespread increase.
The pressure increased after the Bank of Japan (BoJ) signaled that it would continue to be cautious in normalizing monetary policy, causing investors to adjust their expectations for the next interest rate hike.
Not only that, concerns related to US trade policy are also weighing on the JPY's outlook. See more...
HCMC steps up product quality control
NMT Food Company affirms that the Eat with Ms. Tuyet brand is still operating normally
On June 23, the Facebook Fanpage "Dien with Ba Tuyet" posted Notice No. 2306/TB-NMTF issued by NMT Food Vietnam Co., Ltd., affirming that the dissolution of Ba Tuyet Food Trading and Service Joint Stock Company did not affect the brand's business activities. All products under the brand name "An giua ba Tuyet" are still produced and distributed normally.
According to this document, NMT Food Company Limited - the unit authorized by Mr. Nguyen Minh Truong, owner of the brand "Dien with Ba Tuyet", in production, promotion and exploitation of the brand - continues to be responsible for trading related products and affirms that operations are still operating stably.
NMT Food Company Limited would like to confirm that the above issue does not affect production and business activities as well as the rights of consumers who have, are and will accompany and use products under the brand of Eat Along Ba Tuyet - the document clearly stated. See more...
Gold prices drop, USD stays valuable as the market follows Iran's move
Gold prices fell slightly in the trading session on Monday as the USD maintained its upward momentum, while investors remained cautious, watching for the possibility of Iran retaliating against US airstrikes on nuclear facilities.
Ole Hansen, head of commodity strategy at Saxo Bank, said: Higher energy prices could delay the US Federal Reserves (FED) interest rate cut and strengthen the USD.
He added that continued and multidimensional geopolitical uncertainties will continue to support and prevent gold prices from adjusting further.
Iran and Israel responded to each other's missile and airstrike attacks, as the world awaited Tehran's response after the US attack on Iran's nuclear facilities. US President Donald Trump also mentioned the possibility of regime change in this Islamic Republic. See more...
