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Archive for  August 2004

    • News Desk
    • Aug 1st, 2004
    • Comments Off on Evergreen seeks to build Chinese port

    Taiwan's Evergreen Group said on Tuesday it had signed a letter of intent to build and operate a section of a port on the east coast of China, the island's political arch-rival. Evergreen, whose flagship

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    • News Desk
    • Aug 1st, 2004
    • Comments Off on Malaysia and Singapore to step up strait security

    Neighbours Malaysia and Singapore pledged on Tuesday to step up military co-operation in an effort to protect the world's busiest sea lane, the Malacca Strait, from piracy and terror attacks. In another sign of improving

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    • News Desk
    • Aug 1st, 2004
    • Comments Off on Kaliningrad oil terminal to reopen by October

    A 30,000 barrel-per-day Russian oil terminal on the Baltic Sea will resume oil and product shipments by early October, a company official said on Friday. The Baltic Oil Shipping Company (BNK) halted refined product shipments

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    • News Desk
    • Aug 1st, 2004
    • Comments Off on Brazil’s sugar vessels line-up down

    The line-up of vessels to load sugar in Brazil's ports declined to 53 from 54 last week, shipping agent Williams said Thursday. A two-day strike by truckers which ended Tuesday had little impact. Brazil's main

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    • News Desk
    • Aug 1st, 2004
    • Comments Off on Activity at Karachi and Qasim ports

    The Karachi Port handled 78,189 tonnes of cargo including 50,807 tonnes import and 27,382 tonnes export cargo during last 24 hours ending at 0700 hours on Saturday. The cargo comprised of 39,326 tonnes dry and

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    • News Desk
    • Aug 1st, 2004
    • Comments Off on Chile stocks little changed on US economic data

    Chile's blue-chip stocks index closed almost unchanged on Friday, weighed by weak economic reports in the United States, high oil prices and end-of-the-month caution. The IPSA index of 40 leading shares slipped 0.05 percent to

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    • News Desk
    • Aug 1st, 2004
    • Comments Off on US corporate bonds: Telecoms tighter after AT&T cut

    Yield spreads on investment-grade telecom companies narrowed on Friday, as investors shuttled money out of the recently downgraded AT&T debt and into other telecom companies. Spreads were otherwise stagnant in the US corporate bond market,

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    • News Desk
    • Aug 1st, 2004
    • Comments Off on US corporate bonds: Telecoms tighter after AT&T cut

    Yield spreads on investment-grade telecom companies narrowed on Friday, as investors shuttled money out of the recently downgraded AT&T debt and into other telecom companies. Spreads were otherwise stagnant in the US corporate bond market,

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    • News Desk
    • Aug 1st, 2004
    • Comments Off on Toronto stocks surge, led by oil shares

    Toronto stocks closed firmer on Friday as strong oil prices sparked a rally among energy issues, but overall weakness through the month left the key index with its first monthly loss since April. The Toronto

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  • Brazilian stocks rose on Friday, erasing their losses so far this year after the latest US economic data soothed investors fears that the Federal Reserve might aggressively tighten monetary policy. Energy stocks bolstered the market

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