Archive for the November 4, 2005
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Seoul shares rose on Thursday, led by gains in technology stocks after Samsung Electronics Co Ltd gave an optimistic outlook for 2006 and as renewed foreign buying shored up confidence in local markets. Department store
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Argentine stocks rose on Wednesday, led by steel tube maker Tenaris on investor expectations of strong quarterly earnings, traders said. The MerVal index of the leading 12 stocks jumped 1.07 percent to 1,638.95 points. Trade
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China's shares slipped nearly 1 percent on Thursday as funds trimmed holdings in big caps such as Baoshan Iron and Steel Co Ltd to lock in profits. But top Asian oil refiner Sinopec Corp bucked
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The US dollar held near this week's two-year high against the yen and was steady versus the euro on Thursday, with focus on whether the European Central Bank would deliver a hawkish message later in
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The dollar declined against the euro on Wednesday amid speculation the European Central Bank could signal at a meeting on Thursday that it intends to tighten monetary policy after 2-1/2 years of steady interest rates.
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The Australian dollar, weighed by a steady interest rate outlook, hovered near multi-month lows against a range of currencies ahead of an expected warning on inflation from the European Central Bank (ECB) later on Thursday.
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The rupee ended level with the previous session's one-year closing low on Thursday as importers, wary of the firm trend in the dollar, continued their purchases of the US currency. Traders said some late unwinding
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The Swiss franc edged lower against the dollar and the euro in early European trade on Thursday, with dealers focused on the message from the European Central Bank's meeting later in the session. The European
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The Hong Kong dollar was trapped in a narrow range after a soft opening on Thursday, and dealers said the market was very stable even though local banks raised interest rates by a bigger-than-expected 50
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The South Korean won weakened on Thursday, underperforming its Asian counterparts after senior officials expressed concern about the currency's strength. But the Philippine peso hit a fresh 5-month high against the dollar, riding high on
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