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Archive for  November 2005

  • Indian share prices surged 1.62 percent Wednesday as funds made large purchases on the first day of the new year for traders, brushing aside concerns from a US interest rate hike, dealers said. They said

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    • News Desk
    • Nov 3rd, 2005
    • Comments Off on US Stocks: Wednesday’s unofficial close

    US technology stocks climbed on Wednesday after video game publisher Electronic Arts Inc had better-than-expected quarterly results and four US cable operators announced a joint venture with Sprint Nextel Corp. Comcast gained 2.6 percent to

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  • Taiwan stocks rose 1.24 percent on Wednesday, with microchip heavyweights such as United Microelectronics Corp (UMC) encouraged by heavy buying by foreign investors ignoring losses on US stock markets. The main TAIEX share index closed

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  • China's shares rose 1.4 percent on Wednesday, as investors piled into large caps such as Sinopec Corp after Beijing unveiled steps to improve listed firms' accountability and quality. The benchmark Shanghai composite index finished at

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  • Seoul shares hit their highest close in three weeks on Wednesday, led by exporters such as Samsung Electronics Co Ltd, amid optimism over the US economy and after resilient recent data on exports. Exporters rose

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  • Here is how major stock markets outside the United States ended on Wednesday. EUROPE STOCKS EXCHANGE: European shares staged a late rally to close higher, buoyed by gains on Wall Street and a strong performance

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    • News Desk
    • Nov 3rd, 2005
    • Comments Off on FTSE closes slightly higher as bid fever lingers

    Britain's top shares closed higher in a choppy session on Wednesday, tracking gains on Wall Street, but mobile phone firm O2 fell when hopes of a counter-bid for the company dissipated. Lingering bid speculation supported

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  • US corn prices, near 20-year lows amid ample supplies in the United States, are set to firm up through winter but the market could turn red hot when China becomes an importer as widely expected,

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    • News Desk
    • Nov 3rd, 2005
    • Comments Off on Analysts see copper prices easing

    Base metals analysts look for copper prices to slip from record highs in 2006 as supply shortages ease, but with demand remaining firm, forecasts generally call for moderate pullbacks rather than a rout. Forecasts were

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    • News Desk
    • Nov 3rd, 2005
    • Comments Off on Oil touches three-month low as US stockpiles swell

    Oil prices briefly sank below $59 a barrel on Wednesday for the first time since late July, after US data showed crude supplies rose and warm weather sapped demand for winter fuels. US light crude

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