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Archive for  November 2005

  • The rupee eased on Monday to a one-week closing low, side-stepping a rebounding stock market, on robust demand for dollars from oil importing firms, dealers said. Traders said slowing foreign fund investment also pushed down

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    • News Desk
    • Nov 1st, 2005
    • Comments Off on Swiss franc lower as dollar holds data-driven gains

    The Swiss franc was trading lower against the dollar in early European trade on Monday as the US currency held gains made on robust US growth data and market players awaited a meeting of the

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    • News Desk
    • Nov 1st, 2005
    • Comments Off on Dollar hemmed in before Fed meet, BoJ report

    The dollar traded in a narrow range on Monday, keeping gains made on robust US growth data as investors moved cautiously ahead of the Federal Reserve's decision on interest rates. The dollar had advanced on

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  • The Hong Kong dollar maintained a firm foothold against the US dollar on Monday, and most interbank rates edged higher on IPO-related demand for funds and expectation of an interest rate rise later this week.

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    • News Desk
    • Nov 1st, 2005
    • Comments Off on Most Asian currencies fall as dollar retains bullish tone

    Most Asian currencies edged lower on Monday as the dollar retained a bullish tone following last week's robust US economic growth numbers. The Singapore dollar eased a third of a percent from late Asian trade

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    • News Desk
    • Nov 1st, 2005
    • Comments Off on Chinese yuan weakens a whisker versus dollar

    China's yuan eased against the dollar on Monday after finishing last week at a post-revaluation closing high, taking its cue again from the US currency's strength on international markets. The yuan, which was revalued by

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    • News Desk
    • Nov 1st, 2005
    • Comments Off on Polish president names minority conservative government

    Polish President Aleksander Kwasniewski on Monday officially named a minority conservative government headed by Kazimierz Marcinkiewicz after the failure of coalition talks with liberals. "Society has chosen a state reconstruction programme. To carry out this

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    • News Desk
    • Nov 1st, 2005
    • Comments Off on US guards sexually abused Taleban detainee, says father

    US soldiers sexually abused an Australian terror suspect now being held at the Guantanamo Bay military base in Cuba, the man's father alleged in an interview screened Monday. Terry Hicks said his son David had

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  • French Interior Minister Nicolas Sarkozy defended his tough crime policies on Monday after a fourth night of riots in a Paris suburb in which tear gas was fired into a mosque. Sarkozy, addressing police officers,

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    • News Desk
    • Nov 1st, 2005
    • Comments Off on ‘Iran not afraid of war and sanctions’

    Iran is unfazed by the threat of war or sanctions over its disputed nuclear programme and mounting international pressure has only hardened its resolve, a senior official said Monday. "They must understand that such an

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