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Archive for the February 2, 2005

    • News Desk
    • Feb 2nd, 2005
    • Comments Off on China’s $6 billion loan helps Russia nationalise Yugansk

    China lent Russia $6 billion to help the Kremlin denationalise the key unit of oil major Yukos, officials said on Tuesday, underpinning oil-hungry Beijing's efforts to tap into Russia's huge energy business. Finance Minister Alexei

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Singapore shares end little changed

    Singapore share prices closed flat on Tuesday following three straight sessions of gains with blue chips leading the losses, dealers said. They said underlying investment sentiment remained strong and anticipated further gains in coming sessions.

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  • Hong Kong blue chips ended 1.05 percent lower on Tuesday amid cautious trading as investors eyed a US Federal Reserve meeting where an interest rate hike is widely expected. Concerns that investors were withdrawing funds

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Iraq elections, merger news lift Wall Street

    Stocks gained on Monday, buoyed by relief that Iraq's historic election went off without major disruptions, but that was not enough to prevent a lower finish for the month of January. Monday's rally also got

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  • Indian shares were a touch lower on Tuesday after their recent rally to four-week highs. Market players widely expect a quarter-percentage point increase in US rates. Still, investors will watch for signs the Fed may

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Longer-dated US Treasuries rise on eve of Fed moot

    Longer-dated US Treasury prices climbed on Monday, pushing yields on the 30-year bond to 1-1/2-year lows after the latest US economic figures offered a subdued reading of inflation. In contrast, short-term yields hovered near 2-1/2-year

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Longer-dated US Treasuries rise on eve of Fed moot

    Longer-dated US Treasury prices climbed on Monday, pushing yields on the 30-year bond to 1-1/2-year lows after the latest US economic figures offered a subdued reading of inflation. In contrast, short-term yields hovered near 2-1/2-year

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  • Taiwan stocks fell from a 1-month closing high on Tuesday, as losses in display screen makers like Chi Mei Optoelectronics Corp pulled down the heavily weighted electronics sector. The TAIEX share index was supported by

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  • Philippines share prices closed 1.34 percent lower on Tuesday as profit-taking set in after the index approached five-year highs on Monday, dealers said. They said some market participants had decided to cash out of their

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  • Indonesian share prices closed 0.20 percent higher on Tuesday as mild gains in blue chips and infrastructure-related stocks offset losses elsewhere on the market, nudging the index up to another record close, dealers said. They

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