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Archive for the November 2, 2005

    • News Desk
    • Nov 2nd, 2005
    • Comments Off on Tokyo bourse hit by worst-ever system trouble

    A computer systems failure closed down share trading at the Tokyo Stock Exchange for most of Tuesday, the worst disruption ever for Asia's largest bourse. Tokyo stocks jumped to five-year closing highs after trade started

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    • News Desk
    • Nov 2nd, 2005
    • Comments Off on Dubai’s Indago Petroleum plans London IPO

    Dubai-based Indago Petroleum said on Tuesday it planned to list on London's AIM stock market by the end of November, in a flotation which one source said would value the oil and gas exploration firm

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    • News Desk
    • Nov 2nd, 2005
    • Comments Off on Dubai’s Indago Petroleum plans London IPO

    Dubai-based Indago Petroleum said on Tuesday it planned to list on London's AIM stock market by the end of November, in a flotation which one source said would value the oil and gas exploration firm

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  • China's shares slipped 0.3 percent on Tuesday as investors dumped large caps such as Baoshan Iron and Steel Co Ltd, looking to take a quick profit with markets still mired in a protracted slump. The

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    • News Desk
    • Nov 2nd, 2005
    • Comments Off on Indian forex and shares market closed

    Indian forex and bond markets were shut on Tuesday on eve of the Hindu New Year Diwali. The rupee, bonds and stocks will all resume trading on Wednesday. Copyright Reuters, 2005

    • News Desk
    • Nov 2nd, 2005
    • Comments Off on Indian forex and shares market closed

    Indian forex and bond markets were shut on Tuesday on eve of the Hindu New Year Diwali. The rupee, bonds and stocks will all resume trading on Wednesday. Copyright Reuters, 2005

  • The Swiss franc gained a little ground against the US dollar in early trading on Tuesday but the US currency held one-week highs amid expectations that the Federal Reserve would raise interest rates later in

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    • News Desk
    • Nov 2nd, 2005
    • Comments Off on Yuan weakens with US rate hike expected

    China's yuan eased against the dollar on Tuesday after the US currency firmed on expectations of an interest rate rise. The yuan, which was revalued by 2.1 percent on July 21 to 8.11 to the

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    • News Desk
    • Nov 2nd, 2005
    • Comments Off on Dollar hits two-year high versus yen before Fed meeting

    The dollar hit a two-year high against the yen on Tuesday as investors snapped up the US currency ahead of a Federal Reserve meeting widely seen resulting in a 12th straight rise in interest rates.

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    • News Desk
    • Nov 2nd, 2005
    • Comments Off on Dollar jumps to 25-month high versus yen ahead of Fed

    The dollar climbed to a 25-month high against the yen on Monday after robust US economic reports underscored the appeal to investors of solid growth, contained inflation and rising interest rates. A measure of core

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