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Archive for  February 2005

  • A baby found covered in mud after the tsunamis smashed into Sri Lanka's shores seven weeks ago was reunited with his parents at a courthouse here Wednesday, sparking celebrations in this remote town. Friends and

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    • News Desk
    • Feb 17th, 2005
    • Comments Off on Russia to sell advanced missiles to Syria

    Russia said on Wednesday it wanted to supply Syria with advanced missile systems, a move certain to anger the United States which accuses Syria of having links to terrorism. Russia had long denied reports it

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    • News Desk
    • Feb 17th, 2005
    • Comments Off on Historic Kyoto treaty takes effect without US

    The Kyoto Protocol, the landmark treaty requiring cuts in gas emissions which cause global warming, took effect Wednesday with the support of 141 nations but a boycott by the biggest polluter the United States. The

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    • News Desk
    • Feb 17th, 2005
    • Comments Off on Historic Kyoto treaty takes effect without US

    The Kyoto Protocol, the landmark treaty requiring cuts in gas emissions which cause global warming, took effect Wednesday with the support of 141 nations but a boycott by the biggest polluter the United States. The

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  • Dollar purchases by the Indian central bank took a pause on Wednesday, traders said, allowing the rupee to register modest gains amid rising foreign equity investments into the local market and a weaker dollar overseas.

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    • News Desk
    • Feb 17th, 2005
    • Comments Off on Pound skids on Bank of England signals

    Sterling was on track for its biggest one-day loss against the euro and the dollar in over a month on Wednesday after the Bank of England signalled it was in no hurry to raise interest

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  • The yen hit five-week lows versus the euro on weak Japanese growth data on Wednesday while sterling fell on Bank of England comments, but the market focus was on Fed Chairman Alan Greenspan's testimony later

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  • Seoul shares edged up on Wednesday to hit a new five-year closing high, lifted by firmer tech issues on an improving sector outlook, but gains were capped as some investors cashed in on the market's

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    • News Desk
    • Feb 17th, 2005
    • Comments Off on US Stock: Wednesday’s unofficial close

    US stocks were lower on Wednesday as some investors took comments by Federal Reserve Chairman Alan Greenspan as a sign that more interest-rate hikes should be expected. Greenspan said in congressional testimony that even after

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    • News Desk
    • Feb 17th, 2005
    • Comments Off on Bonds: Portugal sells, Alstom refinances

    The European credit market was driven once again by new issues on Wednesday, as Portugal sold the latest in a string of sovereign syndicated deals, and France's Alstom priced a debt exchange. Spreads on outstanding

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