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Archive for the October 29, 2005

    • 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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    • News Desk
    • Oct 29th, 2005
    • Comments Off on Advertising giant WPP posts rise in revenues

    WPP, the British advertising and marketing group, reported on Friday a 26.3-percent rise in revenues for the third quarter of 2005 and lifted its outlook for the full year. Revenues increased to 1.348 billion pounds

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    • News Desk
    • Oct 29th, 2005
    • Comments Off on Advertising giant WPP posts rise in revenues

    WPP, the British advertising and marketing group, reported on Friday a 26.3-percent rise in revenues for the third quarter of 2005 and lifted its outlook for the full year. Revenues increased to 1.348 billion pounds

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  • The rupee recouped some of its losses on Friday to end marginally higher due to a softer dollar overseas ahead of US economic growth data due later in the session, but traders were edgy due

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    • News Desk
    • Oct 29th, 2005
    • Comments Off on Swiss franc stays strong after data hurt dollar

    The Swiss franc again gained strength against the dollar in early trade in Europe on Friday after weak US economic data and political trouble hurt the US currency in the previous session. Lower-than-expected new home

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    • News Desk
    • Oct 29th, 2005
    • Comments Off on Yuan closes at post-revaluation high versus dollar

    China's yuan closed on Friday at a post-revaluation record high for the second straight session, as the US dollar remained weak on global markets. The yuan - which was revalued by 2.1 percent on July

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    • News Desk
    • Oct 29th, 2005
    • Comments Off on Dollar slips ahead of US third quarter growth data

    The dollar dipped against the yen on Friday ahead of third-quarter growth figures for the US economy while the euro kept its gains on growing expectations the European Central Bank will raise rates early next

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  • The dollar retreated on Thursday as generally weak US economic data and political troubles of the Bush administration undermined confidence in the government and the economy, analysts said. Possible indictments of White House officials over

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  • The Hong Kong dollar inched higher against the US dollar on Friday on renewed speculation over a further appreciation of the Chinese yuan in the near term. "Speculative trades dominated the market, with some fund

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    • News Desk
    • Oct 29th, 2005
    • Comments Off on Asian currencies higher in yen inspired rally

    Asian currencies rose marginally on Friday, following the yen's lead as uncertainty ahead of US growth data undermined the dollar. Most regional currencies are ending the volatile week, during which the biggest influence was dollar

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