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Archive for the October 28, 2005

  • Malaysian share prices closed flat on Thursday in listless trade, with most investors reluctant to take any fresh positions ahead of public holidays next week, dealers said. The Kuala Lumpur Composite Index lost 0.75 points

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  • Indonesian share prices closed 0.14 percent higher on Thursday, supported by gains in select stocks such as cigarette maker Gudang Garam, dealers said. The Jakarta Stocks Exchange composite index rose 1.522 points at 1,063.697 on

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    • News Desk
    • Oct 28th, 2005
    • Comments Off on Chinese yuan closes at post-reval high

    China's yuan finished on Thursday at a post-revaluation closing high to the dollar, after the country's top economic agency forecast a slight appreciation of the currency. The yuan, which was revalued by 2.1 percent on

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    • News Desk
    • Oct 28th, 2005
    • Comments Off on Swiss franc regains ground as dollar falters

    The Swiss franc gained against the US dollar in early European trade on Thursday, after a rally in the greenback, driven higher by surging yields in longer-dated US treasuries, faltered. The dollar last traded at

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    • News Desk
    • Oct 28th, 2005
    • Comments Off on Dollar slides on General Motors after hitting two-year high

    The dollar fell on Thursday after hitting a two-year high against the yen as news that General Motors could be investigated for its accounting practices accelerated selling in the US currency. The dollar had already

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    • News Desk
    • Oct 28th, 2005
    • Comments Off on Dollar rebounds as markets focus on US bond yields

    The dollar rallied on Wednesday on a day devoid of significant US economic data, as investors focused on higher US Treasury bond yields, which enhanced the attractiveness of dollar-denominated assets, Treasury yields have risen this

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    • News Desk
    • Oct 28th, 2005
    • Comments Off on Bangladesh interbank forex, interest rates

    Interbank buy/sell rates for the taka against the dollar on Thursday. 65.75 (previous 65.75). Call Money Rates: 5.25-12.00 percent (previous 5.00-12.00 percent). Copyright Reuters, 2005

  • The Hong Kong dollar firmed slightly against the US dollar on Thursday, while short-dated interbank rates were trapped in narrow ranges after opening softer. The local currency was trading at 7.7538/40 per US dollar, compared

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    • News Desk
    • Oct 28th, 2005
    • Comments Off on Asian currencies recoup some losses as yen rallies

    A sharp fall in the US dollar from two-year highs against the yen on Thursday prompted Asian currencies to pare their losses, with the Korean won and the Taiwan dollar almost reversing early declines. The

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    • News Desk
    • Oct 28th, 2005
    • Comments Off on Scott confirmed for Aussie Masters golf

    Australia's top-ranked golfer Adam Scott was Thursday confirmed to play in the Australian Masters tournament at Huntingdale in Melbourne in December. Organisers said the world No 8 would join compatriots Stuart Appleby, Robert Allenby, Nick

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