The euro was steady against the dollar in Asian trade on Wednesday after sliding following a Moody’s downgrade of Portugal to junk status, tempering optimism over progress on eurozone debt. The euro fetched $1.4443 from $1.4418 late in New York on Tuesday, compared with levels above $1.45 Monday. It was at 116.91 yen, down from 117.32 Tuesday. Against the Japanese currency, the dollar bought... 

JPMorgan Chase & Co agreed to pay $153.6 million to settle U.S. Securities and Exchange Commission charges that it defrauded investors who bought mortgage securities sold just before the nation’s housing market collapsed. The regulator’s complaint against the banking giant was larded with excerpts from internal JPMorgan communications that indicated bankers sold a collateralised mortgage... 

Oil prices plummeted Wednesday to below $95 a barrel in New York as investors fretted about fresh signs of weakness in the US economy and tensions in Greece sent the dollar jumping. New York’s main contract, West Texas Intermediate light sweet crude for delivery in July, closed at $94.81 a barrel, shedding $4.56 from Tuesday. The benchmark futures contract sank to $94.01 in intraday trade, its... 

The euro rose against the dollar on Friday after another set of weak US economic indicators but was held back by persistent concerns over a possible Greek debt default, dealers said. The euro climbed to $1.4317 by 2100 GMT from $1.4141 in New York late Thursday. The dollar fell to 80.77 yen from 81.29 yen on Thursday. The dollar began falling on Thursday after a report showed US jobless claims rose... 

The price of gold in Vietnam stalled around VND37.5 million a tael (1.2 ounces) on May 23 as global price slid this morning after sharply jumping last Friday. Sacombank Jewelry Company bought the metal at VND37.41 million and sold at VND37.49 million as of 9:15 am local time. Meanwhile, Hanoi-based Phu Quy Jewelry Company purchased SJC-brand gold at VND37.41 million and sold at VND37.51 million at... 

The price of gold in Vietnam rebounded by VND100,000 million a tael on May 21 although global price jumped by US$20 an ounce in the trading session last night in New York. Saigon Jewelry Company, the biggest gold shop in Vietnam, bought the metal at VND37.44 million and sold at VND37.51 million as of 9 am local time. Earlier, the metal was traded at VND37.55 million, the highest level in a week. Meanwhile,... 

The oil market sank on Thursday as the International Energy Agency warned that high prices could threaten global economic growth and called for increased output to tackle the problem. Oil also fell after news that Japan’s economy plunged back into recession in January-March, contracting sharply after the nation’s biggest recorded earthquake, a tsunami and a nuclear crisis. Brent North... 

The price of gold in Vietnam retreated to below VND37.4 million a tael before rebounding to above this level on May 18. Meanwhile, global price fell for three consecutive trading sessions. Saigon Jewelry Company, the biggest gold shop in Vietnam, bought the metal at VND37.34 million and sold at VND37.41 million as of 10 am local time. Meanwhile, Hanoi-based Phu Quy Jewelry bought SJC-brand gold at... 

Renewed concerns about Europe’s debt, falling oil prices and U.S. technology company troubles steered Asian stocks lower Tuesday. Oil prices fell to below $97 a barrel in Asia, extending a two-week sell-off amid investor concern that slowing U.S. economic growth could undermine crude demand. The dollar strengthened against the euro and the yen. Hong Kong’s Hang Seng index was 0.7 percent... 

The price of gold in Vietnam inched up by VND40,000-70,000 a tael (1.2 ounces) on May 11 due to rising momentum from global market. Sacombank Jewelry Company bought the metal at VND37.62 million and sold at VND37.66 million as of 9:25 am local time. Saigon Jewelry Company, the biggest gold shop in Vietnam, purchased gold at VND37.59 million and sold at VND37.67 million at the same time. Meanwhile,...