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Archive for the February 3, 2005

  • Malaysian share prices closed 0.25 percent higher on Wednesday, supported by overnight gains on Wall Street, dealers said. They said trading was moderately active as most investors refrained from taking heavy positions in the absence

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    • News Desk
    • Feb 3rd, 2005
    • Comments Off on Hong Kong stocks dip, rates in focus

    Hong Kong stocks slipped 0.17 percent on Wednesday, with investors hesitant ahead of an expected interest rate increase by the US Federal Reserve. Traders said investors were holding their breaths to see whether Hong Kong

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    • News Desk
    • Feb 3rd, 2005
    • Comments Off on US stocks rise on Exxon and American Express

    US stocks gained on Tuesday, helped by a surge in American Express Co after the Dow component said it will spin off its personal finance unit. Shares of American Express, the credit card and travel

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    • News Desk
    • Feb 3rd, 2005
    • Comments Off on Singapore shares soar on interest in blue chips

    Singapore share prices closed 0.67 percent higher on Wednesday with the main index rising above the 2,100-point level on gains in selected blue chips, dealers said. The Straits Times Index rose 14.04 points to 2,108.69

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    • News Desk
    • Feb 3rd, 2005
    • Comments Off on US Treasuries sag, awaiting Fed decision and jobs data

    US Treasury debt prices eased slightly on Tuesday as investors felt wary of making any major moves ahead of the Federal Reserve's interest rate decision and monthly employment figures due later this week. With the

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    • News Desk
    • Feb 3rd, 2005
    • Comments Off on US Treasuries sag, awaiting Fed decision and jobs data

    US Treasury debt prices eased slightly on Tuesday as investors felt wary of making any major moves ahead of the Federal Reserve's interest rate decision and monthly employment figures due later this week. With the

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    • News Desk
    • Feb 3rd, 2005
    • Comments Off on Indian shares dip on profit-taking

    Indian share prices fell 0.34 percent Wednesday on profit-taking by funds but phone companies rose on a government decision to raise the foreign investment limit to 74 percent, dealers said. The Bombay Stock Exchange's 30-share

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  • Indonesian share prices closed 0.51 percent higher on Wednesday as interest in infrastructure and mining stocks drove the market to another record finish although profit-taking capped the gains, dealers said. The Jakarta Stock Exchange composite

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  • Philippine share prices closed 0.14 percent lower on Wednesday in a continued technical correction following recent gains, dealers said. They said the market has come of the highs above 2,000 points, with trade beginning to

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    • News Desk
    • Feb 3rd, 2005
    • Comments Off on Tokyo stocks finish firmer but Hitachi sinks

    Tokyo's Nikkei hit a two-week closing high on Wednesday as favourable earnings lifted companies such as drug maker Eisai Co and Mitsubishi Electric Corp while steel makers gained on an expected rise in steel sheet

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