Archive for February 2005
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China should gradually unshackle its exchange rate regime, British finance minister Gordon Brown said on Monday at the start of a three-day tour to the world's most populous nation. Beijing came under pressure at this
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Alitalia, struggling to avoid bankruptcy, cancelled 90 flights on Monday due to a 24-hour strike by cabin crews locked in a contractual dispute with the Italian flag carrier. Alitalia said the cancelled flights had been
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The Canadian Christmas shopping season was surprisingly weak, according to Statistics Canada figures released on Monday, which heightened expectations the Bank of Canada will stand pat on interest rates for some time. December retail sales
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Australia began talks on a free-trade pact with New Zealand and the Association of South East Asian Nations (Asean) on Monday, but said it still backed multilateral efforts to cut trade barriers. Australian Trade Minister
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Malaysian share prices closed 0.33 percent lower in sluggish trade on Monday in the absence of news to stimulate the market, dealers said. They said the market lacked inspiration despite high profile budget carrier AirAsia
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Japanese government bond prices fell on Monday, pushing the 30-year yield to a three-month high, hurt by a fall in US debt prices and by a lack of appetite ahead of a 20-year JGB auction
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Japanese government bond prices fell on Monday, pushing the 30-year yield to a three-month high, hurt by a fall in US debt prices and by a lack of appetite ahead of a 20-year JGB auction
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Philippines share prices closed 3.03 percent lower on Monday, falling sharply in a continued technical correction following recent gains that had brought the main index to five-year highs, dealers said. They said the market had
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Taiwan stocks ended up 0.45 percent on Monday, closing just short of a more than 9-month closing high, due to recent heavy buying by foreign investors, with a spotlight on small-cap cyclical and transport issues.
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Hong Kong blue chip stocks finished a shade firmer on Monday, consolidating strong gains made last week as investors await a land auction and earnings results from firms such as global fashion retailer Esprit due
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