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Archive for the October 29, 2005

    • News Desk
    • Oct 29th, 2005
    • Comments Off on Matsushita second quarter profit rise 11 percent

    Electronics maker Matsushita Electric Industrial Co Ltd posted a surprise 11 percent jump in quarterly profit on Friday, helped by strong sales of plasma TVs and a recovery in its devices division, and stuck to

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  • Lexar Media Inc, a maker of digital memory cards for consumer electronics, on Thursday posted a third quarter profit on higher license and royalty income. Net income was $2.4 million, or 3 cents per share,

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  • Lexar Media Inc, a maker of digital memory cards for consumer electronics, on Thursday posted a third quarter profit on higher license and royalty income. Net income was $2.4 million, or 3 cents per share,

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    • News Desk
    • Oct 29th, 2005
    • Comments Off on Microsoft threatens to withdraw Windows in South Korea

    Microsoft Corp has threatened to withdraw its Windows software from South Korea if the country's antitrust agency orders it to unbundle its Instant Messenger and Media Player from the operating system. South Korea's Fair Trade

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    • News Desk
    • Oct 29th, 2005
    • Comments Off on Philippines shares higher, extend gains

    Philippines share prices closed 0.97 percent higher on Friday, extending gains to a fourth day and bucking a weak regional performance on support for selected blue chips, dealers said. However, many investors were on the

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  • Singapore share prices closed 0.43 percent weaker Friday, extending losses as investors took profits ahead of the weekend, dealers said. They said trading interest is expected to remain thin next week because of the public

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  • Hong Kong stocks fell 1.1 percent to their lowest levels in more than 3 months on Friday, with shares ranging from exporters to property lower after weak economic data and ahead of a US rate

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    • News Desk
    • Oct 29th, 2005
    • Comments Off on US stocks hit by durable goods, General Motors; Microsoft slips

    US stocks dropped on Thursday for a third straight day on a bigger-than-expected decline in durable goods orders, while General Motors Corp shares slid on bankruptcy rumours triggered by news that it received subpoenas from

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    • News Desk
    • Oct 29th, 2005
    • Comments Off on Malaysian shares close 0.15 percent higher

    Malaysian share prices closed 0.15 percent higher Friday in sluggish trade, helped by last minute buying of blue chips, dealers said. Investors also remained sidelined before a long holiday stretch in the week ahead, which

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    • News Desk
    • Oct 29th, 2005
    • Comments Off on Treasuries higher, take respite from heavy sell-off

    US Treasury debt scored modest gains on Thursday as soft economic data and a sharp drop in stock prices gave bonds a break from a week of heavy selling. Government debt also received some support

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