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Archive for  August 2004

    • News Desk
    • Aug 3rd, 2004
    • Comments Off on Dollar falters on attack warning, soft US GDP

    The dollar eased a touch against major currencies on Monday following a warning that al Qaeda may attack key buildings including the New York Stock Exchange and weaker-than-expected US economic growth figures. The United States

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    • News Desk
    • Aug 3rd, 2004
    • Comments Off on Asian currencies stronger, but oil limits gains

    Asian currencies strengthened on Monday as the US dollar lost some of its bullishness on security and growth concerns, but the region's own worries and rising oil prices meant gains were limited. The yen flirted

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    • News Desk
    • Aug 3rd, 2004
    • Comments Off on Australian dollar holds above 70 cents

    The Australian dollar held above the 70 US cent mark on Monday, but slipped below the day's high after retail sales data failed to live up to expectations, giving no reason for a surprise interest

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    • News Desk
    • Aug 3rd, 2004
    • Comments Off on Hong Kong dollar off morning lows

    The Hong Kong dollar pulled back from a morning low to trade a shade firmer on Monday afternoon, after renewed security fears knocked US dollar sentiment. The greenback slipped from recent multi-week highs against major

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  • The yuan ended unchanged at 8.2770 per US dollar on Monday, near the stronger end of its managed trading range. The one-year non-deliverable dollar forward discount versus the yuan was at 1,250 points implying a

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    • News Desk
    • Aug 3rd, 2004
    • Comments Off on Challenges remain after Germany-Poland reconciliation move

    Chancellor Gerhard Schroeder opened a new chapter in German reconciliation with Poland at weekend commemorations of the doomed World War II Warsaw uprising against the Nazis, but a row over reparations is far from over

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    • News Desk
    • Aug 3rd, 2004
    • Comments Off on US set to shift 3,600 troops to Iraq from South Korea

    A brigade of 3,600 US troops prepared on Monday to depart for Iraq from their base near South Korea's border with communist North Korea, officials said. No plans have been announced for their replacement in

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    • News Desk
    • Aug 3rd, 2004
    • Comments Off on Bush backs creation of US intelligence director

    Under election-year pressure, President George W. Bush on Monday endorsed the creation of a national intelligence director and backed other intelligence reforms recommended by the commission that investigated the September 11, 2001 attacks. "We are

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    • News Desk
    • Aug 3rd, 2004
    • Comments Off on Paraguay mourns 300 dead in market blaze

    Paraguay on Monday mourned the deaths of nearly 300 people in a fire in a busy supermarket and struggled to find answers to the impoverished nation's worst tragedy in decades. Investigators will be probing reports

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    • News Desk
    • Aug 3rd, 2004
    • Comments Off on US on ‘high’ alert after terror warnings

    Police in New York, New Jersey and Washington took precautions against truck bombs, and financial markets fell on Monday after authorities issued the most specific warning yet of a possible al Qaeda attack. Clad in

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