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Archive for  December 2012

    • News Desk
    • Dec 29th, 2012
    • Comments Off on European shares fall as US fiscal talks go to the wire

    European shares ended the last full trading session of 2012 lower as wavering expectations about the outcome of the US budget crisis left overbought indexes vulnerable to profit taking. The FTSEurofirst 300 closed down 7.04

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    • News Desk
    • Dec 29th, 2012
    • Comments Off on Seoul shares end higher, gain 9.4 percent in 2012

    South Korean shares finished the year higher on Friday boosted by heavyweight Samsung Electronics in a thin trading session despite the unresolved US fiscal negotiations and the slide of automakers. The Korea Composite Stock Price

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    • News Desk
    • Dec 29th, 2012
    • Comments Off on Southeast Asian stocks end strong 2012 on high note

    Southeast Asian stock markets ended mostly higher in a holiday-thinned session on Friday, with the Philippines closing the year near a record high as investors were positive about its economic growth, but Thai stocks came

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  • Britain's benchmark share index had its worst one-day fall in more than a month on Friday on worries over a US budget deadlock, although most traders still expected an eventual US deal to push equities

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  • The Swiss franc was slightly firmer against the dollar on Friday, underpinned by hopes that a last-chance round of talks on the US budget might bear fruit. The franc rose 0.1 percent against the dollar

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  • The Indian rupee rose on Friday to post a 0.6 percent gain for the week, helped by a strong month of foreign inflows, although sentiment remained cautious ahead of domestic current account data and the

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  • The yen fell to its lowest level in more than two years versus the dollar on Friday, pressured by expectations that the new Japanese government will push the Bank of Japan into more aggressive monetary

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  • The euro fell against the dollar on Friday, the last full day of trading for the year in Europe, as investors took profit on its recent gains, while investors focused on US budget talks. The

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    • News Desk
    • Dec 29th, 2012
    • Comments Off on Early trade in New York: euro slips as traders book profits

    The euro edged lower against the dollar and yen on Friday as investors locked in recent gains, although it could trim losses if progress is made toward a last-minute deal in US budget talks to

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  • The yen fell to a more than two-year low against the US dollar on Thursday on expectations of bold monetary stimulus in Japan, while the greenback slipped against the euro ahead of more talks in

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