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Archive for  August 2004

  • The number of Americans in poverty or without health insurance grew last year, a government survey showed Thursday, potential dynamite in the battle for the White House. The ranks of the financially stricken in the

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  • Japan's trade surplus rose in July from year-ago levels for the 13th straight month and economists said demand in its main markets of China and the United States was holding up, even if exports fell

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  • India's parliament approved the federal budget on Thursday, setting aside billions of dollars to be spent on the poor, but plans to raise foreign investment limits in telecoms and insurance appeared headed for the back

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    • News Desk
    • Aug 27th, 2004
    • Comments Off on Saboteurs hit eight oil pipelines in Iraq

    Saboteurs attacked on Thursday eight pipelines linking a main southern oilfield in Iraq to a pumping station near the city of Basra but there was little apparent impact on oil exports, oil officials said. The

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    • News Desk
    • Aug 27th, 2004
    • Comments Off on US jobless claims rise on back of hurricane

    The ranks of Americans filing for initial unemployment compensation swelled last week but at least half of this increase was linked to devastation wrought by Hurricane Charley earlier this month, the government said on Thursday.

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  • US Treasury prices were mixed on Wednesday as economic data proved tepid and demand for an auction of two-year notes was thin. While the durable goods and housing figures were not seen as bad enough

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  • US Treasury prices were mixed on Wednesday as economic data proved tepid and demand for an auction of two-year notes was thin. While the durable goods and housing figures were not seen as bad enough

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    • News Desk
    • Aug 27th, 2004
    • Comments Off on Malaysian shares hit two-week high, telecom shines

    Malaysian shares rose 1.4 percent to two-week high on Thursday, buoyed by a fast-growing economy and higher corporate earnings. Shares in the country's three telecommunications firms, led by Maxis Communications, extended their Wednesday's rally on

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  • Hong Kong stocks ended a paltry 0.07 percent lower on Thursday after fluctuating between negative and positive territory during the day, with most investors staying on the sidelines amid a welter of results from leading

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  • US stocks made strong gains on Wednesday as a tumble in oil prices boosted investor confidence about the economy, but thin volume meant dealers were sceptical about the strength of the rally. Boeing Co helped

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