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Archive for the October 27, 2005

    • News Desk
    • Oct 27th, 2005
    • Comments Off on Cathay and Unicef start inflight fundraising programme

    Cathay Pacific Airways and Unicef jointly launched the 2005-06 'Change for Good' inflight fundraising programme as they announced a record HK $12 million collected this year, according to a press release issued recently. Helping to

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    • News Desk
    • Oct 27th, 2005
    • Comments Off on Asia should target eventual monetary union: ADB

    As intra-regional trade grows, Asia should strive for exchange rate flexibility to reduce trade frictions and eventually go for monetary union, Asian Development Bank president Haruhiko Kuroda said Wednesday. Long-term, the region should go beyond

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    • News Desk
    • Oct 27th, 2005
    • Comments Off on WTO goods talks in trouble, gloom over trade pact

    World Trade Organisation (WTO) talks on goods tariffs, a keystone of the troubled Doha Round, were reported blocked on Wednesday, heightening doubts over prospects for a new global trade pact by the end of next

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  • US copper futures rallied into the close on Tuesday in a swift round of speculative buying that may have been triggered by a drop in London copper stocks and that continued when US housing numbers

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    • News Desk
    • Oct 27th, 2005
    • Comments Off on New York gold settles higher in fund-led rally

    US gold futures surged 1.7 percent to end at a one-week peak on Tuesday, as investors added to positions on the back of a weaker dollar, firmer oil prices and heightened geopolitical jitters, traders said.

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    • News Desk
    • Oct 27th, 2005
    • Comments Off on Tokyo gold up on oil, platinum at 19-year high

    Tokyo gold futures rallied more than one percent to a one-week high on Wednesday after a rise in oil prices intensified inflation concerns, which induced active short-covering. Tokyo Commodity Exchange platinum hit a fresh 19-year

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  • Palladium rose to its highest level in 11 months at $216 an ounce in Asia on Wednesday, while gold took a breather after a fund-led rally pushed the metal to a one-week high. Spot gold

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  • Tin fell half a percent in Malaysian trade on Wednesday, pressured by fresh losses in the London price. The Kuala Lumpur Tin Market (KLTM) spot contract closed at $6,250 a tonne, down $40. The volume

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  • Indian soy futures were rangebound on Wednesday while gold was slightly higher but sugar continued to extend losses on prospects of good output in the new season. November soyoil at the Multi Commodity Exchange (MCX)

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    • News Desk
    • Oct 27th, 2005
    • Comments Off on Oil eases to $62 but US cold spell a concern

    Oil dipped toward $62 on Wednesday amid profit-taking after the previous day's surge, when a bout of chilly weather sharpened the focus on thin natural gas supplies and a forecast fall in winter fuel stocks.

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