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Archive for  August 2004

    • News Desk
    • Aug 2nd, 2004
    • Comments Off on Iran agrees crude swap framework with Iraq

    Iran has worked out a framework for a long-proposed crude swap with Iraq, but at half the volume suggested last year, Iran's Deputy Foreign Minister Mohammad Hossein Adeli was quoted as saying on Sunday. Opec

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    • News Desk
    • Aug 2nd, 2004
    • Comments Off on Bangladesh interbank foreign exchange and interest rates

    Interbank buy/sell rates for the taka against the dollar on Sunday: 59.30/59.95 (previous 59.30/59.98). Call Money Rates: 2.5-4.5 percent (previous 4.0-5.0 percent. Copyright Reuters, 2004

  • The median overnight interbank rate on the Egyptian pound fell to 2-1/4 percent on Sunday from seven percent on Thursday as demand dropped towards the end of a central bank period for measuring reserves, traders

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    • News Desk
    • Aug 2nd, 2004
    • Comments Off on Cairo bourse climbs with cements in focus

    Egyptians shares climbed in quiet trade on Sunday with investor attention focused on cement companies in the hope the new cabinet will encourage the privatisation of the sector, traders said. The benchmark Hermes index was

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    • News Desk
    • Aug 2nd, 2004
    • Comments Off on Hong Kong stocks seen range-bound on earnings

    Hong Kong stocks are likely to make a subdued start to the week, moving in a tight range, as investors digest recent poor earnings and await Monday's first-half results from the city's largest bank. HSBC

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    • News Desk
    • Aug 2nd, 2004
    • Comments Off on First foreign baht bonds timeframe extended

    Thailand has extended the timeframe for issuing 12 billion baht ($292 million) of domestic currency bonds by three multilateral lending agencies to December from September, a Finance Ministry source recently said. The World Bank, the

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    • News Desk
    • Aug 2nd, 2004
    • Comments Off on First foreign baht bonds timeframe extended

    Thailand has extended the timeframe for issuing 12 billion baht ($292 million) of domestic currency bonds by three multilateral lending agencies to December from September, a Finance Ministry source recently said. The World Bank, the

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    • News Desk
    • Aug 2nd, 2004
    • Comments Off on Tokyo market in range ahead of US data and IPO

    The Tokyo stock market will remain in a tight range this week as concern lingers over the technology sector's earnings and the outlook for the United States' economy, but buying in selective blue chips might

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    • News Desk
    • Aug 2nd, 2004
    • Comments Off on Major Asian currencies fall against US dollar

    The yen led major Asian currencies in an across the board drop against the dollar last week amid uncertainties over oil prices and growing optimism for the US economy which has bolstered the greenback. JAPANESE

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    • News Desk
    • Aug 2nd, 2004
    • Comments Off on Terra Firma in bid for United Utilities unit

    British financier Guy Hands's Terra Firma is among the leading bidders for the 80-million-pound ($145 million) renewable business of Britain's United Utilities, the Sunday Telegraph reported. Terra Firma, and two rival private-equity firms, HG Capital

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