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Archive for  December 2012

    • News Desk
    • Dec 18th, 2012
    • Comments Off on Chinese shares hit four-month high, Hong Kong off 16-month peak

    China shares closed at their highest in more than four months on Monday as investors, encouraged by more signs of reforms to come, added to a surge last week that put onshore markets on course

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    • News Desk
    • Dec 18th, 2012
    • Comments Off on KPN, Aggreko slumps hit European stock markets

    European shares fell on Monday, hit by slumps in telecoms group KPN and power company Aggreko, as investors cashed in some equity holdings at the start of the finaal, full trading week of 2012 The

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    • News Desk
    • Dec 18th, 2012
    • Comments Off on Southeast Asian bourses end lower to flat

    Most Southeast Asian stock indices ended lower to flat in a light session on Monday as US budget uncertainty undermined global market sentiment, with the Philippines sliding to a near three-week low and Singapore retreating

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  • South Korean shares fell on Monday with automakers leading the decline over worries that a weaker yen will give a competitive edge to Japanese rivals following the election of a conservative Japanese party that favours

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    • News Desk
    • Dec 18th, 2012
    • Comments Off on Drops by Aggreko, Vodafone hold back Britain’s FTSE

    Big falls by temporary power firm Aggreko and market heavyweight Vodafone weighed on Britain's top shares on Monday as the final full trading week of 2012 got off to a lacklustre start. Aggreko was the

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  • The yen slumped to its lowest in over a year-and-a-half against the US dollar on Monday as part of a broad skid after Japan's conservative Liberal Democratic Party, which is committed to aggressive monetary easing,

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    • News Desk
    • Dec 18th, 2012
    • Comments Off on Midday trade in New York: dollar drops to 20-month high against yen

    The yen dropped to a 20-month low against the US dollar on Monday after Japan's Liberal Democratic Party won a landslide election victory that leaders promise will usher in aggressive monetary easing policies to weaken

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    • News Desk
    • Dec 18th, 2012
    • Comments Off on Yen tumbles versus dollar, euro in London

    The yen fell to its lowest in more than a year and a half against the dollar on Monday after a landslide election victory for Japan's Liberal Democratic Party, which is committed to aggressive monetary

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    • News Desk
    • Dec 18th, 2012
    • Comments Off on Bangladesh’s interbank forex and interest rates

    Interbank buy/sell rates for the taka against the dollar on Monday. 80.25-80.36 (previous 80.45-80.50). Call Money Rates: 10.00-10.00 percent (previous 7.05-12.00 percent). Copyright Reuters, 2012

  • Emerging Asian currencies rallied against the yen as Japan's election results cemented views that there will be more easing by the Bank of Japan, which could spur inflows to the rest of the region. The

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