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Archive for  February 2005

    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Croatia steps up hunt for wanted general

    Croatia, moving to rescue its European Union membership bid, ordered police and intelligence services on Tuesday to step up the hunt for a top fugitive wanted by the United Nations war crimes tribunal. President Stjepan

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Spain to offer Basques autonomy compromise

    Spain will offer to revise the Basque region's degree of autonomy, offering an olive branch to the Basque premier whose plan for virtual independence is set to be thrown out by parliament on Tuesday, newspapers

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Malawi losing 10 people per hour to AIDS: minister

    AIDS kills about 10 people every hour in Malawi and the government of the impoverished southern African nation is increasingly unable to cope with the crisis, Health Minister Heatherwick Ntaba said. "This is a disaster

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Afghan drug eradication could backfire: NGOs

    US-backed efforts to eradicate Afghan opium poppy fields could backfire, by stirring up instability and enriching powerful drug lords, some 30 non-governmental organisations said in an open letter on Tuesday. Afghan opium output has surged

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Bangladeshi taka dips on import needs

    The Bangladeshi taka eased on Tuesday on demand for US dollars for import payments, dealers said. The taka was quoted at 61.00/63.47 per dollar, little changed from 61.00/63.43 on Monday. Call rates rose slightly and

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  • The yuan ended one notch softer at 8.2765 per US dollar on Tuesday, near the stronger end of its managed trading range. The one-year non-deliverable dollar forward discount versus the yuan was at 3,750 points,

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Indian rupee edges up, but eyes on Fed dollar impact

    The rupee edged up on Tuesday, helped by a pick-up in foreign fund inflows into local stocks, but dealers remained circumspect as the market awaits the dollar's reaction to a US Federal Reserve meeting. The

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Dollar shuffles in ranges ahead of Fed, G7

    The dollar stuck to tight ranges on Tuesday ahead of a Federal Reserve interest rate decision and a gathering of Group of Seven finance ministers and central bankers late in the week. The market has

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Dollar rises modestly, helped by US data

    The dollar posted modest gains on Monday in tight ranges ahead of a Federal Reserve monetary policy meeting starting Tuesday and a gathering of Group of Seven finance ministers and central bankers late in the

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Peso extends rally, other Asian currencies down

    The Philippine peso climbed to its highest levels in more than a year on Tuesday, before being capped by suspected intervention, on reports the US's biggest pension fund will retain investments in the country. Other

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