High sulfur fuel oil premiums in Asia surged to a record on Thursday, one of the first signs of the impact of a shift in global ship fuel rules set to occur in 2020. SEE MORE Crude oil prices fell on Friday on weak economic indicators from the United States and Germany, shrugging off tensions around Iran and this week’s decision by OPEC and its allies to extend a supply cut deal until next year. SEE MORE The domestic gold price skyrocketed to over VND39 million per tael today, July 3, following the rise in the metal’s global price last night, the local media reported. SEE MORE The Ministry of Industry and Trade is setting regulations on labeling products and items produced in Vietnam, apart from building criteria for the kinds of products that can bear “Made in Vietnam” labels following the recent origin fraud cases, such as Khaisilk and Asanzo, the local media reported. SEE MORE Existing U.S. tariffs will have to be removed if there is to be a trade deal between Beijing and Washington, China’s commerce ministry said on Thursday. SEE MORE