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Archive for the October 28, 2005

    • News Desk
    • Oct 28th, 2005
    • Comments Off on Pound hits one-month peak versus dollar

    Sterling hit its highest level in a month against the dollar on Thursday as the greenback struggled against investor concern about embattled US automaker General Motors and lacklustre US data. The dollar fell in Asian

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    • News Desk
    • Oct 28th, 2005
    • Comments Off on Dollar retreats from two-year high versus yen

    The dollar fell from a two-year high against the yen on Thursday, as investors grew wary that an investigation into accounting practices at automaker General Motors could undermine confidence in the US economy. The greenback

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    • News Desk
    • Oct 28th, 2005
    • Comments Off on Bonds: General Motors falls out of favour as SEC moves in

    The European bond market's recent enthusiasm for General Motors dried up on Thursday after the troubled US automaker said it had been subpoenaed by US regulators over accounting practices. The cost of credit protection on

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    • News Desk
    • Oct 28th, 2005
    • Comments Off on Bonds: General Motors falls out of favour as SEC moves in

    The European bond market's recent enthusiasm for General Motors dried up on Thursday after the troubled US automaker said it had been subpoenaed by US regulators over accounting practices. The cost of credit protection on

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  • Indian share prices closed sharply lower on Thursday as funds sold blue chip companies in line with the end of the October futures contract, dealers said. The Mumbai stock exchange's 30-share Sensex index dived 176.20

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    • News Desk
    • Oct 28th, 2005
    • Comments Off on US Stocks: Thursday’s unofficial close

    Weakness in semiconductor stocks dragged the technology-laced Nasdaq Composite index down 1 percent on Thursday, while news that General Motors Corp had been subpoenaed by US regulators weighed on blue chips. GM shares slid 5.5

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  • Seoul shares fell on Thursday for a third consecutive session, as worries over US interest rates hit export-dependant technology firms, but Hyundai Motor rose after it delivered a positive outlook for the fourth quarter. Hynix

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  • Here is how major stock markets outside the United States ended on Thursday. EUROPE STOCK EXCHANGE: European shares ended at a two-month low, hit by earnings concerns after Alcatel and France Telecom cut their outlook,

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    • News Desk
    • Oct 28th, 2005
    • Comments Off on FTSE falls as earnings reports disappoint

    Britain's FTSE 100 closed lower on Thursday with shares in news and information group Reuters hitting a one-year low and drugs firm AstraZeneca falling after investors found fault with the companies' third-quarter trading updates. But

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  • Winnipeg Commodity Exchange canola futures ended lower on Thursday, setting contract lows for a second straight day amid light fund selling and weakness in Chicago soybeans, traders said. Canola settled 90 cents to $4.00 per

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