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Archive for the October 29, 2005

    • News Desk
    • Oct 29th, 2005
    • Comments Off on Vodafone to invest $1.5 billion in India

    British telecom giant Vodafone announced Friday it will buy a 10 percent stake in mobile phone group Bharti Televentures for 1.5 billion dollars, the biggest ever foreign investment in an Indian telecom. "We are entering

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    • News Desk
    • Oct 29th, 2005
    • Comments Off on Vodafone to invest $1.5 billion in India

    British telecom giant Vodafone announced Friday it will buy a 10 percent stake in mobile phone group Bharti Televentures for 1.5 billion dollars, the biggest ever foreign investment in an Indian telecom. "We are entering

    Read More

  • Japanese industrial output was weaker than expected in September, raising concerns about the durability of Japan's economic recovery, while consumer price data suggested deflation was almost - but not quite - over. Industrial production rose

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    • News Desk
    • Oct 29th, 2005
    • Comments Off on EU makes bottom-line trade offer, US disappointed

    The European Union on Friday offered more sacrifices on farm goods as it tried to keep alive a global trade deal, but the United States said it fell short and France protested it appeared to

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  • Australian wool prices eased in the latest week, hurt by a strengthening Australian dollar. The Australian Wool Exchange Eastern Market Indicator fell by 6 cents over the week to finish at 666 cents a kg

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    • News Desk
    • Oct 29th, 2005
    • Comments Off on Comex copper ends off lows in volatile trade

    US copper futures ended a choppy session in negative territory on Thursday on some speculative and option-related sales as an end to a strike at a Group Mexico smelter and talk of a large delivery

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    • News Desk
    • Oct 29th, 2005
    • Comments Off on New York gold futures end at 10-day high

    US gold futures hit a 10-day high at the close on Thursday on fund and safe-haven buying in the precious metals, while platinum touched an 18-month peak and palladium hit a 16-month high before edging

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  • Gold held near New York levels in thin Asia trading on Friday, while platinum group metals were mixed after scaling new highs on fund buying. Spot gold was steady at $473.50/474.25 an ounce in late

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  • Malaysian tin firmed on Friday, snapping a 4-day losing streak to end up 1 percent, reinvigorated by stronger London prices. The Kuala Lumpur Tin Market (KLTM) spot contract closed up $70 at $6,200 a tonne.

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    • News Desk
    • Oct 29th, 2005
    • Comments Off on Oil steady at $61 as cold approaches US north-east

    Oil hovered at $61 on Friday as the market balanced growing US crude stockpiles with concerns over heating fuel supply in the face of a looming winter and slow output recovery in the Gulf of

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