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Archive for  January 2010

  • Japan's Nikkei average fell 0.3 percent on Wednesday as Nomura Holdings and other securities firms slid after a brokerage downgrade, while investors held back as the earnings season approaches. Japan Tobacco slid 4.1 percent after

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  • Lead 10-year Japanese government bond futures inched down on Wednesday following a drop in US Treasuries, with the yield curve remaining steep ahead of a forthcoming auction of 20-year bonds. After a well-received sale of

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  • Lead 10-year Japanese government bond futures inched down on Wednesday following a drop in US Treasuries, with the yield curve remaining steep ahead of a forthcoming auction of 20-year bonds. After a well-received sale of

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  • The yuan was flat against the dollar on Wednesday as the Chinese central bank kept its reference rate for the Chinese currency stable, although authorities apparently stepped up their efforts to drain excessive liquidity from

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    • News Desk
    • Jan 21st, 2010
    • Comments Off on Euro vulnerable on concern over Greece

    The euro fell broadly on Wednesday, hitting a five-month low against the dollar on concern about Greece's fiscal problems and breaking below a key chart level that could signal a bearish trend for the currency.

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  • The euro fell broadly on Tuesday as German investor sentiment soured while worries about Greece's finances stoked concerns that swelling deficits in the Euro zone's weaker members will keep pressure on the currency. Meanwhile, another

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  • The Australian dollar fell almost a cent on Wednesday as China took fresh action to dampen bank lending there, while a slide in the eruo gave a boost to the US dollar. The Aussie sank

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    • News Desk
    • Jan 21st, 2010
    • Comments Off on Tumbling euro rattles Asian currencies

    The euro tumbled to five-month lows against the dollar on Wednesday as the loss of its key support level triggered a wave of selling from investors jittery about the single currency embarking on a sustained

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  • The Hong Kong dollar was marginally off its 15-month low at 7.7642 against the US dollar as the repatriation of funds by Chinese banks after Beijing lifted reserve requirements last week slowed slightly. "The repatriation

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    • News Desk
    • Jan 21st, 2010
    • Comments Off on IPL auction: PCB Chairman welcomes National Assembly Speaker’s decision

    Pakistan Cricket Board (PCB) Chairman, Ijaz Butt has welcomed the National Assembly Speaker Dr Fehmida Mirza's decision of not sending any parliamentary delegation to India in response to the treatment meted out to Pakistani cricketers

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