HANOI -- Vietnam's average Consumer Price Index (CPI) for 2024 could increase up to 4.5 percent compared to the previous year, with the State Bank of Vietnam's inflation forecast at 3.8-4.8 percent, Vietnam News reported Thursday, citing the Ministry of Finance.
Deputy Minister of Finance Nguyen Duc Chi said Vietnam's CPI must stay within the upward 0.26-0.39 percent range for the rest of the year to keep inflation within 4.0-4.5 percent in 2024. (Vietnam-CPI)
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TOKYO -- Tokyo stocks closed significantly lower on Thursday, snapping a three-day winning streak, as investors took steps to lock in gains amid concerns over corporate performance.
Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 831.60 points, or 2.16 percent, from Wednesday to close the day at 37,628.48. (Japan-Market-Stocks)
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PHNOM PENH -- Cambodia exported 69,322 tons of dry rubber in the first quarter of 2024, an increase of 5.1 percent from 65,921 tons in the same period 2023, said a General Directorate of Rubber report on Thursday.
The country made 100.5 million U.S. dollars in revenue from exports of the commodity during the January-March period this year, up 8 percent from 92.9 million dollars over the same period 2023, the report said. (Cambodia-Rubber Export-Q1)
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SEOUL -- South Korean tech company LG Electronics posted a double-digit fall in its first-quarter operating profit due to global economic uncertainties, the company said Thursday.
Consolidated operating profit declined 10.8 percent from a year earlier to 1.34 trillion won (973.2 million U.S. dollars) in the January-March quarter. (South Korea-LG earnings) Enditem
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