Archive for  August 2004
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The global manufacturing sector expanded at a faster pace in July, an indicator based on national surveys of manufacturers showed on Monday. The global purchasing managers' index (PMI), produced by J.P. Morgan together with research
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US manufacturing expanded further in July, fuelling more hiring, but outlays for US construction fell unexpectedly in June to hint at a slowing of the housing boom, reports released on Monday showed. The Institute for
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British manufacturing raced ahead in July at its fastest pace in a decade as domestic and foreign new orders surged, a report showed on Monday as the Bank of England appears set to raise interest
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The World Bank on Monday unveiled a 145 million dollar aid package to Afghanistan to support reconstruction in the war-wracked country. The interest-free loan package includes a 35 million dollar grant for education and a
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The New Zealand share market eased on Monday, as weaker top-10 stocks, lead by Telecom, pulled the market from the previous week's record high. Bryon Burke of ABN Amro Craigs said the market was mixed,
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Australian stocks rose 0.25 percent on Monday to their best level in nearly three weeks, buoyed by the energy sector as oil prices reached fresh highs and a further rebound in banking stocks. The benchmark
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Malaysian shares followed key regional bourses lower on Monday, touching a one-month low before some of its biggest blue chips trimmed losses, with investors unnerved by rocketing oil prices and security fears. Seven of Malaysia's
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Taiwan stocks fell over 1 percent on Monday as rising oil prices touched off profit-taking on memory chip and display screen makers after sharp gains that had been spurred by upbeat forecasts from heavyweight TSMC.
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Hong Kong stocks ended down 0.30 percent on Monday as fresh global security threats and rising oil prices rattled investor confidence. The United States raised its security alert level on Sunday for Washington-based financial institutions
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Singapore share prices closed down 0.23 percent on Monday on concerns record high oil prices will harm the city-state's economic prospects, dealers said. Singapore Airlines was among the biggest losers as investors dumped the stock
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