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Archive for the October 26, 2005

  • Malaysian share prices closed flat Tuesday, finding no lead in Wall Street's sharp gains overnight while investors remained concerned over an uncertain economic outlook and rising inflation, dealers said. Investors were also cautious ahead of

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  • Chinese share prices closed 1.67 percent lower Tuesday on institutional investor selling with automakers continuing to lose ground and infrastructure firms weighed down by lower profit growth expectations, dealers said. They said the tone was

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    • News Desk
    • Oct 26th, 2005
    • Comments Off on Bangladesh interbank forex, interest rates

    Interbank buy/sell rates for the taka against the dollar on Tuesday. 65.75 (previous 65.70/65.75). Call Money Rates: 5.00-12.00 percent (previous 5.00-12.00 percent. Copyright Reuters, 2005

    • News Desk
    • Oct 26th, 2005
    • Comments Off on Chinese yuan firms as US dollar steadies

    China's yuan strengthened a tad versus the dollar on Tuesday, bouncing back from the previous session as the US currency steadied on global markets. The yuan, which was revalued by 2.1 percent to 8.11 per

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    • News Desk
    • Oct 26th, 2005
    • Comments Off on Swiss franc slightly down after Fed nomination

    The Swiss franc fell slightly against the dollar as market watchers greeted the nomination of White House economic adviser Ben Bernanke as the US Federal Reserve's next chairman. If he is confirmed, Bernake will succeed

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    • News Desk
    • Oct 26th, 2005
    • Comments Off on Dollar hemmed in after Bernanke gets Fed nod

    The dollar steadied on Tuesday on a market view that the Federal Reserve's run of raising US interest rates will stay on track with the nomination of White House economic adviser Ben Bernanke as the

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    • News Desk
    • Oct 26th, 2005
    • Comments Off on Dollar clips losses after Bernanke named Fed chief

    The dollar pruned its losses on Monday as markets cheered the nomination of White House adviser Ben Bernanke as Federal Reserve chairman, comforted that he backed a slow but steady rise in US interest rates.

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  • The Hong Kong dollar pared early gains on Tuesday afternoon but trading was confined to a narrow range, with dealers expected it to remain rangebound ahead of the next round of big share offering in

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    • News Desk
    • Oct 26th, 2005
    • Comments Off on Asian currencies: Indonesian rupiah at three-week high

    The Indonesian rupiah climbed to a three-week high while other Asian currencies rose modestly on Tuesday, inspired by the Japanese yen's slight recovery from near two-year lows and a rise in yuan premiums. The Indonesian

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  • Chile's Fernando Gonzalez shook the sleep out of his eyes to win an early morning match at the 829,000-euro Swiss Indoors ATP event here Tuesday, defeating Italian Andreas Seppi 7-6 (7/3), 6-3. The fourth-seeded winner

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