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Archive for the October 26, 2005

    • News Desk
    • Oct 26th, 2005
    • Comments Off on US pessimistic new EU farm offer will be enough

    The European Union is expected to come forward on Thursday with a new offer to open its agricultural markets but it may not be enough to break a deadlock in world farm trade talks, a

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  • Philippine share prices closed 0.52 percent higher Tuesday supported by Wall Street's sharp rally overnight Monday, dealers said. They said most stocks have fell to attractively cheap levels and are now ripe for bargain hunting.

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  • Singapore share prices rose 0.16 percent Tuesday but were well off early highs after investors opted for safety rather than push the market higher despite Wall Street's sharp advance overnight, dealers said. The Straits Times

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  • Hong Kong stocks closed slightly higher on Tuesday, with fears of US interest rate rises and a possible bird flu outbreak paring gains of over 1 percent in the session following a strong Wall Street.

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    • News Desk
    • Oct 26th, 2005
    • Comments Off on US stocks rally on Fed chief pick, profits and oil

    US stocks jumped on Monday in a relief rally that lifted the Dow and S&P 500 to their biggest one-day point gains in six months, after the president nominated White House economic adviser Ben Bernanke

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    • News Desk
    • Oct 26th, 2005
    • Comments Off on Treasuries slip as Greenspan successor nominated

    US Treasury debt prices fell on Monday as dealers attempted to weigh what the likely appointment of White House economic adviser Ben Bernanke to head the US Federal Reserve would mean for rate policy. Bernanke,

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    • News Desk
    • Oct 26th, 2005
    • Comments Off on Treasuries slip as Greenspan successor nominated

    US Treasury debt prices fell on Monday as dealers attempted to weigh what the likely appointment of White House economic adviser Ben Bernanke to head the US Federal Reserve would mean for rate policy. Bernanke,

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    • News Desk
    • Oct 26th, 2005
    • Comments Off on Taiwan stocks higher, banks up on M&A hope

    Taiwan stocks closed 0.07 percent higher on Tuesday as optimism over financial consolidation boosted banks, while drug companies rose following a fresh case of bird flu in China. The benchmark TAIEX share index had risen

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  • Seoul shares fell on Tuesday, as gains on stronger-than-expected economic growth data were wiped out by sustained foreign selling and concerns a recent rally may have pushed stock prices too high. The benchmark Korea Composite

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  • Tokyo's Nikkei share average rose 1.33 percent on Tuesday as the US market's biggest one-day point rise in six months spurred buying in exporters such as Nissan Motor Co Ltd as well as cyclical stocks.

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