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Archive for  February 2005

    • News Desk
    • Feb 17th, 2005
    • Comments Off on US Treasuries ease as retail, TICs data unnerve

    US Treasury debt prices slipped on Tuesday as January retail sales outside the auto sector jumped and separate data showed a sharp decline in foreign purchases of government debt late last year. The figures reinforced

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  • Sri Lankan stocks closed slightly higher on Wednesday after two days of losses, as small investors bought select shares looking for gains in the coming days, brokers said. The key Colombo all-share index rose a

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  • Taiwan stocks ended 0.34 percent higher on Wednesday as domestic investors snapped up small-capitalised tech shares that had lagged a recent rally powered by foreign buying of major electronics issues. The TAIEX share index finished

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  • Philippines share prices closed 0.56 percent lower on Wednesday after Moody's Investors Service downgraded by two notches the country's long-term foreign and local currency ratings due to concerns over high public debt levels, dealers said.

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    • News Desk
    • Feb 17th, 2005
    • Comments Off on Tokyo stocks drop, weak GDP hits real estate

    The Nikkei share average closed down 0.38 percent on Wednesday as exporters such as Honda Motor Co met profit-taking while real estate firms and others dependent on domestic demand sank after weaker-than-expected growth data. Japan's

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    • News Desk
    • Feb 17th, 2005
    • Comments Off on Vietnam to open second stock exchange

    Vietnam's second stock exchange will open in Hanoi next month offering shares of state-owned companies undergoing painful restructuring to private investors, officials said Wednesday. "We will first list equitised state-owned enterprises (SOEs)", the bourse's director,

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  • Singapore share prices closed 0.38 percent lower on Wednesday on profit-taking in select blue chips despite gains made by tech stocks, dealers said. The Straits Times Index fell 8.29 points to 2,155.10, while the broader

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    • News Desk
    • Feb 17th, 2005
    • Comments Off on Bangladeshi taka eases on import needs

    The Bangladeshi taka eased slightly on Wednesday after demand for US dollars rose for import bill payments, dealers said. The taka was quoted at 63.15/63.50 per dollar, from 63.15/63.40 on Tuesday. Call rates traded between

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  • The yuan ended flat at 8.2765 per US dollar on Wednesday, near the stronger end of its managed trading range. The one-year non-deliverable dollar forward discount versus the yuan was at 2,900 points, implying a

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    • News Desk
    • Feb 17th, 2005
    • Comments Off on Swiss franc rises ahead of Greenspan testimony

    The Swiss franc rose as the currency market awaited US Federal Reserve Chairman Alan Greenspan's congressional testimony on the state of the economy, due later on Wednesday. The dollar last changed hands at 1.1904/07 francs

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