Archive for the November 3, 2005
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Argentine stocks ticked higher on Tuesday as investors bet on improved earnings in the bank sector and shrugged off a widely expected US interest rate increase, traders said. The MerVal index of the leading 12
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The Philippines Stock Exchange said on Wednesday it will adopt a revised 30-company composite index by December 1 to more accurately reflect market activity. The bourse said more changes are expected in the composite index
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Philippines share prices closed 2.37 percent higher to a near three-month peak on Wednesday as investors cheered the implementation of an expanded value-added tax (VAT) designed to shore up the government's fiscal position, dealers said.
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Singapore share prices closed 1.75 percent higher on Wednesday as investors, emerging from a public holiday, snapped up blue chip stocks to catch up with gains in other key Asian markets, dealers said. The Straits
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Tokyo's broad benchmark TOPIX index edged up to a five-year closing high on Wednesday as major banks, such as Mitsubishi UFJ Financial Group Inc, extended recent gains on earnings optimism. But pre-holiday selling on the
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Interbank buy/sell rates for the taka against the dollar on Wednesday. 65.75 (previous 65.75). Call Money Rates: 12.50-25 percent (previous 5.25-12.00 percent). Copyright Reuters, 2005
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China's yuan strengthened slightly against the dollar on Wednesday partly on profit-taking as the US currency slid on global markets after several days of gains. Traders said the yuan's gains also indicated that China's central
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The Swiss franc recovered slightly against the dollar in early trading on Wednesday after the US Federal Reserve raised interest rates for the 12th straight time and indicated more rises would follow. The dollar has
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The dollar scored a two-year high against the yen on Wednesday after the Federal Reserve raised interest rates for the 12th straight time a day earlier and signalled even more credit tightening was ahead. The
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The dollar edged higher against the yen but slipped against the euro on Tuesday after the Federal Reserve raised interest rates again, as expected, and signalled no end in sight to its inflation-curbing campaign. The
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