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Archive for the November 8, 2005

  • Hong Kong stocks dropped 1.5 percent on Monday as interest rate jitters punished property shares, while oil stocks fell on weakening oil prices. The Hang Seng properties sub index fell 2.7 percent, its lowest level

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  • Thai share prices closed 0.78 percent lower on Monday amid profit-taking following a rally last week, with falls in line with the performances by other regional markets, dealers said. They said investors dumped energy shares

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  • Singapore share prices closed 0.42 percent lower on Monday, following a regional trend, with profit-takers cashing in after recent sharp gains, dealers said. The Straits Times Index fell 9.44 points to 2,257.08. Volume traded totalled

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  • Philippines share prices closed flat on Monday, running into some profit-taking after a six-day rally took the market to three-month highs as investor confidence picked up, dealers said. The market came off its lows on

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    • News Desk
    • Nov 8th, 2005
    • Comments Off on Seoul shares slip, US inflation worries hit Hyundai

    Seoul shares fell on Monday for the first time in six sessions, as investors pocketed gains from a recent rally while Hyundai Motor and other exporters dipped after strong US wage growth sparked inflation worries.

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    • News Desk
    • Nov 8th, 2005
    • Comments Off on Long-dated JGBs slump on profit-taking

    Long-dated Japanese government bonds suffered a sell-off on Monday, driving the 10-year yield to a 14-month high after investors locked in profits on gains made on longer maturities, which have outperformed shorter-dated bonds in past

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    • News Desk
    • Nov 8th, 2005
    • Comments Off on Long-dated JGBs slump on profit-taking

    Long-dated Japanese government bonds suffered a sell-off on Monday, driving the 10-year yield to a 14-month high after investors locked in profits on gains made on longer maturities, which have outperformed shorter-dated bonds in past

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    • News Desk
    • Nov 8th, 2005
    • Comments Off on TSE blames Fujitsu for system crash

    The Tokyo Stock Exchange (TSE) on Monday blamed software maker Fujitsu for its worst-ever system crash, which paralysed Asia's largest bourse last week. The system crash was caused by Fujitsu's failure to communicate important information

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    • News Desk
    • Nov 8th, 2005
    • Comments Off on Indian shares firmer as software companies surge

    Indian share prices closed sharply higher on Monday led by software companies with investors hopeful the recent weakening of the rupee against the dollar would benefit earnings, dealers said. The Mumbai stock exchange's 30-share Sensex

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    • News Desk
    • Nov 8th, 2005
    • Comments Off on Nikkei declines but TOPIX ends at five-year high

    Japan's Nikkei share average slipped 0.10 percent on Monday as investors turned cautious after recent sharp gains and grabbed profits in Konica Minolta Holdings Inc and other firms posting lower profits. But the broader TOPIX

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