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Archive for  November 2005

  • Singapore share prices closed 0.25 percent lower on Tuesday on profit taking amid a dearth of fresh leads, dealers said. The Straits Times Index fell 5.66 points to 2,302.88. Volume was 574 million shares worth

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    • News Desk
    • Nov 30th, 2005
    • Comments Off on Treasuries rise as housing sector starts to creak

    Longer-dated US Treasury debt prices rose on Monday after a larger-than-expected decline in October existing home sales bolstered hopes for an end to the Federal Reserve's interest rate increases. Housing has been a primary driver

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    • News Desk
    • Nov 30th, 2005
    • Comments Off on Treasuries rise as housing sector starts to creak

    Longer-dated US Treasury debt prices rose on Monday after a larger-than-expected decline in October existing home sales bolstered hopes for an end to the Federal Reserve's interest rate increases. Housing has been a primary driver

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    • News Desk
    • Nov 30th, 2005
    • Comments Off on Jakarta shares close 0.11 percent higher

    Indonesian share prices closed 0.11 percent higher Tuesday as gains in market heavyweight Bank Mandiri offset selective profit-taking sparked by weaker regional markets, dealers said. The Jakarta Stock Exchange composite index added 1.218 points to

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    • News Desk
    • Nov 30th, 2005
    • Comments Off on Chinese shares down as state share reform weighs

    China's shares closed down 1.25 percent on Tuesday as investors sold companies that have joined Beijing's unpopular scheme to float $250 billion of non-traded state shares in listed firms, such as Shandong Dinghy Seeds. The

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    • News Desk
    • Nov 30th, 2005
    • Comments Off on Banks lead Seoul shares lower on valuation worries

    Seoul shares ended lower on Tuesday for the first time in five sessions, as worries the market had overreached amid a record-setting rally pulled Samsung Electronics and Kookmin Bank lower. Lenders came under further pressure

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    • News Desk
    • Nov 30th, 2005
    • Comments Off on Nikkei snaps eight-day rise on worry over US shoppers

    Japan's Nikkei share average fell back from its highest point in nearly five years on Tuesday as concern about the strength of the US holiday shopping season helped drive down exporters such as Sony Corp.

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    • News Desk
    • Nov 30th, 2005
    • Comments Off on Malaysian shares close 0.17 percent lower

    Malaysian share prices closed 0.17 percent lower Tuesday, slipping below the psychologically important 900-point level as investors kept to the sidelines ahead of key economic data, dealers said. They said the overnight easing of prices

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    • News Desk
    • Nov 30th, 2005
    • Comments Off on Bangladesh interbank forex, interest rates

    Interbank buy/sell rates for the taka against the dollar on Tuesday. 65.85-65.88 (previous 65.85). Call Money Rates: 5.40-13.50 percent (previous 5.75-13.50 percent). Copyright Reuters, 2005

  • China's yuan closed at a post-revaluation closing high of 8.0796 to the dollar on Tuesday after the dollar tumbled on global markets overnight. The yuan, which was revalued by 2.1 percent on July 21 to

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