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Archive for the November 8, 2005

  • Chinese shares closed mostly flat on Monday as gains in a vaccine maker helped offset a decline in Sinopec Corp, which slipped after it said it had no intention of privatising a major unit. The

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    • News Desk
    • Nov 8th, 2005
    • Comments Off on Indian rupee ends at 13-month low

    The rupee lost 0.82 percent on the day on Monday, hitting a 13-month closing low as importers bought dollars in anticipation that rising US interest rates would drive the US unit higher. The partially convertible

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    • News Desk
    • Nov 8th, 2005
    • Comments Off on Swiss franc trading near 3 1/2-month lows

    The Swiss franc fell against the dollar as soft jobs data in the United States failed to dampen expectations that US interest rates would continue to rise. Data released late on Friday showed that the

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    • News Desk
    • Nov 8th, 2005
    • Comments Off on Dollar hits two-year high versus yen

    The dollar marked a two-year high against the yen and held near an 18-month peak versus the euro on Monday after soft jobs data failed to dent expectations that the US currency's interest rate advantage

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  • Hong Kong interbank rates fell across the board on Monday after major market participants offered overnight liquidity and some banks released funds they had been holding for an upcoming IPO. The overnight interbank rate eased

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    • News Desk
    • Nov 8th, 2005
    • Comments Off on Asian currencies: Indian rupee at one-year low

    The Indian rupee dropped more than half a percent to a one-year low on Monday, leading losses among Asian currencies, due to worries about India's deteriorating trade balance and the US dollar's growing attraction. Weaker-than-expected

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    • News Desk
    • Nov 8th, 2005
    • Comments Off on Chinese yuan retreats as dollar firms globally

    China's yuan softened against the dollar on Monday as the US currency strengthened in global markets. The yuan, which was revalued by 2.1 percent on July 21 to 8.11 per dollar, closed at 8.0877 versus

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  • US veteran Amy Frazier downed up-and-coming Swede Sofia Arvidsson 6-1, 7-5 here on Sunday in the final of the 170,000-dollar WTA Bell Challenge. Frazier, seeded sixth, captured her eighth career title, and her first since

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    • News Desk
    • Nov 8th, 2005
    • Comments Off on Pakistan secures 2nd position in marathon

    Pakistan secured second position in the Nation's Regional Challenge - South Asian category, in the first leg of 'Greatest Race on Earth' held in Nairobi. Pakistan's Muhammad Aslam an army personnel finished the race in

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    • News Desk
    • Nov 8th, 2005
    • Comments Off on Woods tops money list, but majors matter most

    World number one Tiger Woods, already assured of the PGA money title, padded his margin with a runner-up finish in the Tour Championship on Sunday, but said it was two major titles that he'd remember

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