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Archive for the October 29, 2005

    • 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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  • Taiwan's benchmark TAIEX share index fell to its lowest close in 14 months on Friday, as microchip maker continued to drop on its third-quarter results, but larger rival TSMC bucked the trend. The TAIEX finished

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  • Tokyo's Nikkei share average lost 0.53 percent on Friday as firms such as Honda Motor Co Ltd lost ground on weaker-than-expected earnings. Consumer-finance firm Promise Co Ltd tumbled after its worse-than-expected earnings prompted lower brokerage

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    • News Desk
    • Oct 29th, 2005
    • Comments Off on Seoul shares slide as US economy woes batter exporters

    Seoul stocks fell 2.2 percent on Friday to their lowest close in more than seven weeks, as gloomy US corporate news and worries about the world's biggest economy dented sentiment for Samsung Electronics and other

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  • Chinese share prices closed 1.54 percent lower on Friday, extending losses on liquidity concerns with oil refiners and auto-makers dragged down after several firms issued profit warnings, dealers said. They said sentiment was hit by

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    • News Desk
    • Oct 29th, 2005
    • Comments Off on Chile and China reach deal on trade accord

    Chile, the world's No 1 copper producer, concluded negotiations on Friday for a free trade agreement with China, its top customer for the red metal, and expects to formalise the agreement next month. Chile and

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    • News Desk
    • Oct 29th, 2005
    • Comments Off on Bulgaria plans balanced budget in 2006

    Bulgaria plans to run a balanced budget next year to reduce the risks tied to its swelling current account deficit, a draft budget, which was cautiously welcomed by economic analysts, showed on Friday. The country's

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  • Nissan Motor said Friday net profit rose by about eight percent in the three months to September as sales grew despite what chief executive Carlos Ghosn described as a "severe business environment". Rising material and

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  • Nissan Motor said Friday net profit rose by about eight percent in the three months to September as sales grew despite what chief executive Carlos Ghosn described as a "severe business environment". Rising material and

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    • News Desk
    • Oct 29th, 2005
    • Comments Off on Deutsche Bank third quarter profit boosted by trading income

    Deutsche Bank's net income surged almost 50 percent in the third quarter as buoyant financial markets lifted trading profits, putting Germany's biggest bank on track to reach its ambitious full-year goal. The bank's 991 million

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