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Vietnam Dong

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Asian Markets Mixed as Trump’s Tariff Deadline Approaches

Originally Published 6 months ago — by CNBC

Asia-Pacific markets traded mixed ahead of the US tariff deadline, with Japan and Australia showing slight gains, while South Korea and Hong Kong declined. Alibaba plans to raise $1.53 billion via exchangeable bonds to boost its cloud and commerce sectors. Vietnam's dong and stocks fell for the second day, and India's SEBI barred Jane Street from trading over alleged Nifty 50 manipulation. Japan's household spending rose to a near 3-year high, indicating strong consumer activity.

business world alibaba asia-pacific-markets india-sebi trade-deals vietnam-dong world

Asia-Pacific Markets React to U.S.-Vietnam Trade Deal and Its Global Implications

Originally Published 6 months ago — by CNBC

Vietnamese stocks reached their highest in over three years following the announcement of a U.S.-Vietnam trade agreement, which includes a 20% tariff on Vietnamese imports to the U.S., while Vietnam's dong hit a record low against the dollar. The deal has sparked a stock market rally in Vietnam and positive movements in other Asian markets, despite concerns over tariffs and trade imbalances.

top-news business business stock-market-rally tariffs us-vietnam-trade-deal vietnam-dong vietnamese-stocks