Archive for the January 1, 2005
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China is considering plans by global agencies including ADB and the International Finance Corp (IFC) to issue a total of 4 billion yuan ($480 million) worth of bonds, but has yet to give final approval,
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Hong Kong stocks rose almost half a percentage point in a shortened final trading day of 2004 on Friday with selective, last-minute buying capping off a generally strong year. "It's been a very good year.
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US blue-chip stocks closed lower in thin trade on Thursday after data gave a mixed picture of the US economy and steel shares fell as investors worried that slowing demand from China could depress prices.
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Indonesia racked up the best performance among Asian stock markets in 2004 as the region recorded its second consecutive strong year, with only Thailand and China registering losses. The Jakarta stock market rose nearly 45
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Sri Lanka stocks closed flat on Friday as some investors took a holiday while the nation mourned over 28,500 people killed by Sunday's devastating tsunami, and only low volumes of select shares traded, brokers said.
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Taiwan stocks advanced to an 8-month closing high on Friday, bucking heavy losses in the steel sector as banking shares spearheaded an advance following an unexpected central bank rate hike. The benchmark TAIEX share index
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South Korean government bond prices edged up by mid-morning on Friday, after the head of the central bank said interest rate policy would support economic growth in 2005, but trading was thin with the market
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South Korean government bond prices edged up by mid-morning on Friday, after the head of the central bank said interest rate policy would support economic growth in 2005, but trading was thin with the market
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The Australian share market closed down 0.1 percent on Friday as mining and steel companies dipped, but ended the year as one of the developed world's best performing equities markets with a 22.8 percent gain.
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US Treasury prices added to previous gains on Thursday after a regional manufacturing index slipped, as expected, and its employment component plunged. The Chicago Purchasing Management Index fell to 61.2 in December from a November
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