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Archive for  December 2012

  • Indian shares fall

    Indian shares fell on Thursday on profit-taking, led by declines in auto stocks such as Tata Motors, while Adani group stocks were also hit after gaining recently on expectations Narendra Modi would win a fourth

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  • UK’s top share index steadies near nine-month high

    • News Desk
    • Dec 21st, 2012
    • Comments Off on UK’s top share index steadies near nine-month high

    Britain's top share index steadied around nine-month highs on Thursday, pausing within reach of the psychologically key 6,000 points mark. Investors were discouraged from pushing the market too much higher by the lack of progress

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  • Indian rupee resumes slide

    The Indian rupee fell for a sixth session in seven on Thursday as heavy dollar buying by oil refiners and gold importers continued to hurt the local unit amid another bout of risk aversion globally.

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  • Yen gains in Asia

    The yen firmed on Thursday after the Bank of Japan, as expected, eased monetary policy, increasing its asset purchases by 10 trillion yen and saying it would review its policy goal in a likely move

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  • Yen regains ground versus dollar, euro in Asia

    • News Desk
    • Dec 21st, 2012
    • Comments Off on Yen regains ground versus dollar, euro in Asia

    The yen rose on Thursday after the scale of asset purchases by the Bank of Japan disappointed some investors who had positioned for more aggressive easing. Gains in the Japanese currency were expected to be

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  • Midday trade in New York: Euro drifts lower versus dollar

    • News Desk
    • Dec 21st, 2012
    • Comments Off on Midday trade in New York: Euro drifts lower versus dollar

    The euro edged lower against the dollar on Thursday in volatile trading as worries over US budget negotiations outweighed generally positive US economic data that had earlier boosted the market's appetite for risk-taking. By midday,

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  • Euro gains trimmed

    The euro touched an 8-1/2-month high against the US dollar on Wednesday after stronger-than-expected German business confidence data, only to be undermined by a souring of the budget talks in Washington. The euro's advance, also

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  • Bangladesh’s interbank forex, interest rates

    • News Desk
    • Dec 21st, 2012
    • Comments Off on Bangladesh’s interbank forex, interest rates

    Interbank buy/sell rates for the taka against the dollar on Thursday. 80.00-80.01 (previous 80.10-80.13). Call Money Rates: 11.00-12.00 percent (previous 7.00-12.00 percent). Copyright Reuters, 2012

  • Australian and New Zealand dollars slip versus yen

    • News Desk
    • Dec 21st, 2012
    • Comments Off on Australian and New Zealand dollars slip versus yen

    The Australian and New Zealand dollars slipped against the yen on Thursday after the Bank of Japan (BoJ) eased policy but failed to take the bold action the market was betting on to bolster a

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  • Yuan closes flat

    The yuan closed virtually flat on Thursday as traders watched global currency markets and waited to find out if the US can steer away from going over the "fiscal cliff". The yuan closed at 6.2302

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