World gold price skyrockets by more than 48% since the beginning of the year
Gold prices rose sharply, while silver hit a 14-year high as safe-haven demand increased after the US government officially closed.
December gold futures rose 37.8 USD to 3,911 USD/ounce. Meanwhile, December silver futures rose $0.925, to $47.565 an ounce.
Thus, gold prices are now only a short way from the $4,000/ounce mark. Since the beginning of the year, the precious metal has gained more than 48%, heading for its biggest annual gain since 1979. Silver prices are also approaching the record of over $50/ounce set in 1980.
The US government entered a state of closure for the first time in nearly 7 years when the midnight budget deadline passed without a deal from the Congress. See more...
Estimated initial insurance payment due to storm No. 10 is over 357 billion VND
Regarding the damage situation, compensation and insurance payment to overcome the consequences of storm No. 10 (Bualoi), according to the latest information from the Insurance Management and Supervision Department (Ministry of Finance), as of October 2, insurance companies ( DNBH) have recorded 6 cases of human losses and 2,281 cases of other non-life insurance operations. The total amount of money paid to people and property is estimated at more than 357 billion VND.
As of October 2, based on the reports of 32/32 non-life insurance companies and 19/19 life insurance companies, the damage to people and property of insurance-aice organizations and individuals is calculated as follows: Human damage is 6 cases, the estimated insurance amount is 700 million VND; property damage and other non-life insurance operations are 2,281 cases, the estimated damage is 356.5 billion VND. See more...
Da Nang workers turn concerns into gold initiatives, helping businesses make big profits
Bamboo Capital ecosystem stocks are in disarray
The Ho Chi Minh City Stock Exchange (HOSE) recently sent a document to Bamboo Capital Group (code BCG) informing that the company's shares will be transferred from restricted trading to suspended trading.
The reason for BCG shares facing a decision to suspend trading is because the Company was late in submitting the 2024 Audited Financial Statements (BCTC) (individually and consolidated), more than 6 months compared to the prescribed deadline. At the same time, HOSE also noted that BCG shares will be subject to mandatory listing cancellation if the Company still fails to fulfill its reporting obligations to the BCTC for auditing in 2024.
Not only that, the group of stocks belonging to the "hamlet" of Bamboo Capital is also being tightened in control. Specifically, HOSE has just decided to transfer BCG shares of Bamboo Capital Group and Tracodi Construction Group (code TCD) from warning to control from October 7. See more...
