Archive for the January 1, 2005
-
The dollar dropped to an all-time low against the euro on Thursday for the sixth consecutive session, as traders took aim at technical targets in a thin market. Many foreign exchange desks had skeleton crews
Read More -
The yuan ended a notch weaker at 8.2765 per US dollar on Friday, near the stronger end of its managed trading range. The one-year non-deliverable dollar forward discount versus the yuan was at 4,700 points,
Read More -
The South Korean won jumped more than half a percent to its strongest level in seven years and the Taiwan dollar hit a four-year high on Friday as traders bet Asia's two best performing currencies
Read More -
The Hong Kong dollar edged higher on the last trading day of the year on Friday, taking a lead from a firmer yen against the ailing US dollar, dealers said. The local currency was trading
Read More -
The Canadian dollar was flat on Thursday after Canada reported a suspected case of mad cow disease. The Canadian Food Inspection Agency said the animal, a 10-year-old dairy cow, had not entered the human or
Read More -
Bangladesh plans to host the postponed summit of the South Asian Association for Regional Co-operation (Saarc) in the first half of February, a minister said Friday. "If possible we will try to hold the summit
Read More -
Jazz clarinetist Artie Shaw, famed for classic recordings of "Begin the Beguine" and "Oh, Lady Be Good" as well as turbulent marriages to movie stars Lana Turner and Ava Gardner, died on Thursday at age
Read More -
South Africa has declared an amnesty on illegal guns in its latest drive to tackle the high level of violent crime, the South African Press Association reported on Friday. The three-month amnesty, due to start
Read More -
The Pentagon failed to meet its goal of declaring a missile defence system operational in 2004 and critics said failures in testing the ambitious system show it simply does not work. The latest test of
Read More -
South Korea's parliament approved on Friday a one-year extension of the country's troop deployment in Iraq. The assembly voted by 161 to 63 to keep 3,600 troops in the northern Iraqi region of Arbil on
Read More