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Archive for the December 31, 2005

  • Thai share prices closed 0.49 percent higher Friday as local institutional investors bought blue chip stocks for year-end window-dressing, dealers said. The Stock Exchange of Thailand (SET) composite index rose 3.51 points to 713.73 and

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    • News Desk
    • Dec 31st, 2005
    • Comments Off on Chinese shares close 0.77 percent lower

    Chinese share prices closed 0.77 percent lower on Friday on profit-taking after recent gains, with telecom firms and power stocks losing ground, dealers said. In a by now familiar pattern, investors once again preferred to

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  • The Swiss franc gained some ground against the dollar and euro in quiet trading on Friday ahead of a long New Year holiday weekend, while dealers watched the KOF leading indicator for further direction. The

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    • News Desk
    • Dec 31st, 2005
    • Comments Off on Yuan scores third straight post-reval high

    China's yuan closed at a post-revaluation high versus the dollar for the third straight session on Friday, riding strong recent momentum and helped by the dollar's weakness on global markets. "The yuan's recent performance is

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    • News Desk
    • Dec 31st, 2005
    • Comments Off on Dollar falls but set for best year since 1997

    The dollar fell around half a yen on Friday but was still on track to log its best annual gains against major currencies in eight years, supported by the Federal Reserve's ongoing rate-raising campaign. The

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    • News Desk
    • Dec 31st, 2005
    • Comments Off on Dollar slips as markets weigh soft US housing data

    The dollar posted modest losses against most major currencies on Thursday, but hovered within tight ranges, as dealers pondered the implications of a weakening US housing market. Market liquidity was exceptionally thin, analysts say, with

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    • News Desk
    • Dec 31st, 2005
    • Comments Off on Hong Kong dollar softens in late trade

    The Hong Kong dollar ended softer against the US dollar on Friday but trading was confined to a narrow range, while the overnight interbank rate climbed on year-end demand for funds. The local currency eased

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    • News Desk
    • Dec 31st, 2005
    • Comments Off on Asian currencies: Singapore dollar flat, baht weaker

    Singapore dollar barely changed, despite the Japanese yen's modest gains against the US dollar after a mixed batch of US economic data, as Asian markets wind down for the year. Sing dollar is quoted around

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    • News Desk
    • Dec 31st, 2005
    • Comments Off on Langer in Aussies team for final Test

    Experienced opening batsman Justin Langer has been included in the Australian team for the third cricket Test against South Africa, which begins ON Monday at the Sydney Cricket Ground. Langer, who is lining up for

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    • News Desk
    • Dec 31st, 2005
    • Comments Off on New Zealand, Sri Lanka view higher stakes in one-day series

    A depleted New Zealand and out-of-form Sri Lanka are playing for more than a simple win in the one-day cricket series starting here ON Saturday, knowing defeat could deny them direct entry into the ICC

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