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May 15, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2005-10-15
New York coffee futures slip as market consolidates

New York coffee futures slip as market consolidates

US coffee futures sagged nearly 1 percent on Thursday after fund selling curbed this week's big gains which were fuelled by dry Brazilian weather and crop damage in hurricane-stricken Central America, market sources said.
Published 15 Oct, 2005 12:00am
Nigeria now top US market for wheat exports

Nigeria now top US market for wheat exports

Nigeria is now the top market for US wheat shipments and will import a record 3.9 million tonnes of wheat from all its suppliers in 2005/06, the US Agriculture Department said on Thursday.
Published 15 Oct, 2005 12:00am
Comex copper extends sell-off as funds liquidate

Comex copper extends sell-off as funds liquidate

US copper futures settled lower on Thursday, extending a decline from the prior session as funds sold the market following the recent rally that had prices setting new record highs in seven consecutive sessions, sources said.
Published 15 Oct, 2005 12:00am
Tokyo gold down in correction, but trend bullish

Tokyo gold down in correction, but trend bullish

Tokyo gold futures extended losses to a second day on Friday in a correction after recent sharp gains and in a reflection of falls in New York, but were well-supported by solid bargain-hunting.
Published 15 Oct, 2005 12:00am
Gold edges up in Asia on bargain hunting

Gold edges up in Asia on bargain hunting

Gold prices held steady in Asia on Friday on light bargain-hunting, but trade was thin ahead of US inflation data that could set direction for the US dollar and bullion.
Published 15 Oct, 2005 12:00am
UK's Premier Foods sells tea to India

UK's Premier Foods sells tea to India

Britain's Premier Foods Plc said on Thursday it had agreed to sell its tea business, including its flagship Typhoo brand, to India's Apeejay Surrendra Group for 80 million pounds ($139.5 million) in cash.
Published 15 Oct, 2005 12:00am
CBOT rice up

CBOT rice up

Chicago Board of Trade rough rice futures rose to a four-month high on Thursday, supported by more technical buying, traders said. November rice closed 5-1/2 cents higher at $7.45 per hundredweight, with deferred up 7 to 8 cents.
Published 15 Oct, 2005 12:00am
Copper ticks back up in Asia on Chinese buying

Copper ticks back up in Asia on Chinese buying

Copper prices ticked back up in Asian trade on Friday on Chinese buying, but were still down from a new all-time high hit this week, with additional gains seen limited, dealers said.
Published 15 Oct, 2005 12:00am
China's largest soya crusher seeks foreign investor

China's largest soya crusher seeks foreign investor

China's largest soya crusher, Juicing, is seeking foreign investors, joining a group of home crushers in the restructuring of an industry plagued with overcapacity, a senior company official said.
Published 15 Oct, 2005 12:00am
New York sugar mixed as market seen consolidating

New York sugar mixed as market seen consolidating

Raw sugar prices finished mixed on Thursday with speculative buying largely offset by trade sales as the market is seen consolidating given its recent surge to over 8-year highs, brokers said.
Published 15 Oct, 2005 12:00am
Soyabean futures lower

Soyabean futures lower

Soyabean futures at the Chicago Board of Trade closed mostly lower on Thursday after a choppy session, traders said. The lead contract November rose 6-1/2 cents per bushel on follow-through technical buying. But when the market failed to break through $5.
Published 15 Oct, 2005 12:00am
US cotton exports face competition in China

US cotton exports face competition in China

US cotton growers are facing growing competition in exports to China and could see market share shrink to less than 40 percent in 2005/06, the US Agriculture Department said on Thursday.
Published 15 Oct, 2005 12:00am
Indian soya futures rise, wheat and sugar firm

Indian soya futures rise, wheat and sugar firm

Indian soya futures rose slightly on Friday on trade talk of an increase in base import prices of palm and soya oils, while wheat rose on lower stocks and gold was steady.
Published 15 Oct, 2005 12:00am
Malaysian palm oil ends flat ahead of export data

Malaysian palm oil ends flat ahead of export data

Malaysia's palm oil futures ended mostly flat on Friday as players limited their exposure ahead of export data due next week, dealers said. The third-month December crude palm oil contract on Bursa Malaysia Derivatives ended unchanged at 1,453 ringgit a t
Published 15 Oct, 2005 12:00am
Kraft to cut 600 jobs

Kraft to cut 600 jobs

Kraft Foods Inc on Friday said it will cut about 600 salaried jobs as part of a plan to streamline its organisation. The jobs are part of a previously announced plan that will cut about 6,000 jobs, the maker of Oreo cookies and Kraft Cheese said.
Published 15 Oct, 2005 12:00am
Sales grow at UK's Guardian

Sales grow at UK's Guardian

Britain's Guardian newspaper increased its circulation by 7.4 percent year-on-year in September thanks to a new smaller size, following similar gains by rival shrinking broadsheets.
Published 15 Oct, 2005 12:00am
Sales grow at UK's Guardian

Sales grow at UK's Guardian

Britain's Guardian newspaper increased its circulation by 7.4 percent year-on-year in September thanks to a new smaller size, following similar gains by rival shrinking broadsheets.
Published 15 Oct, 2005 12:00am
Roche forges ahead with anti-flu drug

Roche forges ahead with anti-flu drug

The Swiss pharmaceutical group Roche reiterated Friday it was boosting production of its anti-flu drug in agreement with global health authorities while maintaining its grip on output.
Published 15 Oct, 2005 12:00am
Italy extends aid

Italy extends aid

Italy, a country which has quite often been struck by earthquakes and other natural disasters and as a result suffered heavy loss of life, property and damages to its cultural heritages, can well understand and feel the devastation and affliction that the
Published 15 Oct, 2005 12:00am
China 2005 growth put at 9.4 percent

China 2005 growth put at 9.4 percent

The Chinese economy is forecast to continue booming this year with 9.4 percent growth before a slide in exports cools things down more significantly in 2006, state media reported Friday.
Published 15 Oct, 2005 12:00am
JGBs ease on BOJ policy concerns, longer bonds gain

JGBs ease on BOJ policy concerns, longer bonds gain

Mounting expectations that Japan's easy money policy will soon end pushed the 10-year Japanese government bond yield to a one-year high on Friday. Super-long bonds - those with maturities over 10 years - benefited from buying demand in bargain hunting aft
Published 15 Oct, 2005 12:00am
JGBs ease on BOJ policy concerns, longer bonds gain

JGBs ease on BOJ policy concerns, longer bonds gain

Mounting expectations that Japan's easy money policy will soon end pushed the 10-year Japanese government bond yield to a one-year high on Friday. Super-long bonds - those with maturities over 10 years - benefited from buying demand in bargain hunting aft
Published 15 Oct, 2005 12:00am
LG Electronics third quarter profit to fall

LG Electronics third quarter profit to fall

LG Electronics Inc is expected to report on Tuesday its quarterly profit sank 28 percent from a year ago on lower mobile phone margins and flat screen prices, but jumped from the second quarter on recovering handset business.
Published 15 Oct, 2005 12:00am
LG Electronics third quarter profit to fall

LG Electronics third quarter profit to fall

LG Electronics Inc is expected to report on Tuesday its quarterly profit sank 28 percent from a year ago on lower mobile phone margins and flat screen prices, but jumped from the second quarter on recovering handset business.
Published 15 Oct, 2005 12:00am
CNPC offers Kazakhs stake in PetroKaz

CNPC offers Kazakhs stake in PetroKaz

CNPC has offered to sell 30-33 percent in PetroKazakhstan to Kazakhstan's government if it drops objections to its $4.18 billion bid for the Canadian firm, two sources familiar with the deal said on Friday.
Published 15 Oct, 2005 12:00am
France calls EU ministerial talks on farm trade move

France calls EU ministerial talks on farm trade move

France has called a high-level EU meeting next week to vent its fears that Europe is offering too much on agriculture in order to secure a global trade deal, French officials said on Friday.
Published 15 Oct, 2005 12:00am
US consumer prices surge last month

US consumer prices surge last month

US consumer prices shot up an unexpectedly large 1.2 percent last month, the biggest gain in more than 25 years, as hurricanes Katrina and Rita led to the biggest energy-price surge on record, a government report showed on Friday.
Published 15 Oct, 2005 12:00am
Turkey tests nine for bird flu, EU experts meet

Turkey tests nine for bird flu, EU experts meet

Turkish medical staff on Friday tested nine people for possible bird flu a day after European health officials confirmed what many had long feared - the arrival of the deadly H5N1 strain on Europe's doorstep.
Published 15 Oct, 2005 12:00am
AMD to sell cheap PCs in India

AMD to sell cheap PCs in India

US-based semiconductor maker AMD said Friday it would enter a joint venture with an Indian firm to sell personal computers for the same cost as cellphones.
Published 15 Oct, 2005 12:00am
Italy passes decree to cut 2005 budget deficit

Italy passes decree to cut 2005 budget deficit

Italy's cabinet on Friday adopted a package of measures worth 1.9 billion euros ($2.3 billion) to hold this year's budget deficit within the targeted 4.3 percent of GDP, Economy Minister Giulio Tremonti said.
Published 15 Oct, 2005 12:00am
Samsung Electronics third quarter profit slumps

Samsung Electronics third quarter profit slumps

Samsung Electronics Co Ltd reported a 30 percent drop in quarterly profits on Friday on lower memory chip prices, but forecast a recovery on brisk demand for sleek flat screens and pricier mobile phones.
Published 15 Oct, 2005 12:00am
Samsung Electronics third quarter profit slumps

Samsung Electronics third quarter profit slumps

Samsung Electronics Co Ltd reported a 30 percent drop in quarterly profits on Friday on lower memory chip prices, but forecast a recovery on brisk demand for sleek flat screens and pricier mobile phones.
Published 15 Oct, 2005 12:00am
Alitalia approves new plan

Alitalia approves new plan

The board of airline Alitalia approved a new industrial plan on Friday and said it was seeking a loan of up to $485 million from a US bank to help it overcome high fuel costs.
Published 15 Oct, 2005 12:00am
Japan and Britain back China's forex reform caution

Japan and Britain back China's forex reform caution

China won support from Japan and Britain on Friday for its cautious approach to freeing up the yuan in the face of demands from Washington for a quicker rise in the currency to help ease global economic imbalances.
Published 15 Oct, 2005 12:00am
Hilton in talks to buy UK namesake

Hilton in talks to buy UK namesake

US group Hilton Hotels Corp is in talks to buy the hotels of its UK namesake, the companies announced on Friday, a deal which would reunite the Hilton brand after more than 40 years and could be worth 3.6 billion pounds ($6.3 billion), an industry source
Published 15 Oct, 2005 12:00am
Hilton in talks to buy UK namesake

Hilton in talks to buy UK namesake

US group Hilton Hotels Corp is in talks to buy the hotels of its UK namesake, the companies announced on Friday, a deal which would reunite the Hilton brand after more than 40 years and could be worth 3.6 billion pounds ($6.3 billion), an industry source
Published 15 Oct, 2005 12:00am
General Electric profit surges

General Electric profit surges

General Electric Co on Friday said third-quarter profit rose 15 percent, boosted by rebounding earnings at its energy business and strong demand for jet engines, although revenue fell at media arm NBC Universal.
Published 15 Oct, 2005 12:00am
General Electric profit surges

General Electric profit surges

General Electric Co on Friday said third-quarter profit rose 15 percent, boosted by rebounding earnings at its energy business and strong demand for jet engines, although revenue fell at media arm NBC Universal.
Published 15 Oct, 2005 12:00am
Bush confident Fed can tackle inflation

Bush confident Fed can tackle inflation

US President George W. Bush trusts the US Federal Reserve to handle any inflation worries, his spokesman said Friday after US consumer inflation rose in September at their fastest clip in 25 years.
Published 15 Oct, 2005 12:00am
Philippines shares little changed

Philippines shares little changed

Philippines share prices closed little changed Friday as profit-taking in market leader Philippine Long Distance Telephone (PLDT) offset gains in other stocks, dealers said. The market moved without any clear direction in the absence of fresh leads and be
Published 15 Oct, 2005 12:00am
Hong Kong shares end off as CCB IPO, rate hike fears loom

Hong Kong shares end off as CCB IPO, rate hike fears loom

Hong Kong shares ended over 100 points, or almost one percent, lower on Friday with many investors sidelined ahead of the release of US inflation data due later in the day, expected to raise the likelihood of another rise in interest rates.
Published 15 Oct, 2005 12:00am
US Nasdaq lifted by Apple, blue chips dip

US Nasdaq lifted by Apple, blue chips dip

The Nasdaq Composite Index rose on Thursday after sharp gains in Apple Computer Inc, while blue chip stocks ended marginally lower as sliding crude oil prices hit the energy sector.
Published 15 Oct, 2005 12:00am
Jakarta shares higher

Jakarta shares higher

Indonesian share prices closed 0.57 percent higher Friday on a rebound led by index heavyweights Astra International and Telkom after the rupiah strengthened against the US dollar, dealers said.
Published 15 Oct, 2005 12:00am
US Treasuries tread cautiously lower

US Treasuries tread cautiously lower

US Treasury debt prices slipped on Thursday, sending benchmark yields to fresh six-month highs as fears of higher interest rates superseded a well-received auction of inflation-protected securities.
Published 15 Oct, 2005 12:00am
US Treasuries tread cautiously lower

US Treasuries tread cautiously lower

US Treasury debt prices slipped on Thursday, sending benchmark yields to fresh six-month highs as fears of higher interest rates superseded a well-received auction of inflation-protected securities.
Published 15 Oct, 2005 12:00am
Seoul shares edge down, Samsung flat after earnings

Seoul shares edge down, Samsung flat after earnings

Seoul shares fell on Friday for a third consecutive session, led by stocks that gained sharply this year such as Shinpan Financial Group, as investors worried a recent record-setting rally may have pushed prices too high.
Published 15 Oct, 2005 12:00am
Taiwan stocks bounce from two-week low

Taiwan stocks bounce from two-week low

Taiwan stocks rose 0.15 percent on Friday as financial shares led a rebound from a two-week low, while investors took advantage of fresh gains on Wall Street to pocket profits from tech issues like UMC.
Published 15 Oct, 2005 12:00am
Nikkei falls for third straight day as banks lose

Nikkei falls for third straight day as banks lose

Japan's Nikkei share average fell 0.21 percent on Friday, booking its third straight loss as selling of banks and other stocks seen as overpriced offset gains by warehouse firms such as Mitsubishi Logistics Corp.
Published 15 Oct, 2005 12:00am
Singapore shares drop

Singapore shares drop

Singapore share prices closed 0.75 percent down Friday on profit-taking in property and marine-related stocks, dealers said. The Straits Times index dropped 17.46 points to 2,303.24.
Published 15 Oct, 2005 12:00am
Chinese shares close lower

Chinese shares close lower

Chinese share prices closed 1.14 percent lower Friday in a continued correction, with textile stocks struggling after China and the US failed to reach a deal on export limits in their latest talks, dealers said.
Published 15 Oct, 2005 12:00am
Chinese yuan dips, firming trend intact

Chinese yuan dips, firming trend intact

China's yuan eased versus the dollar on Friday as the US currency took a breather after a week-long rally on global markets, but the yuan closed stronger than 8.0900 per dollar amid good dollar supply domestically.
Published 15 Oct, 2005 12:00am
Swiss franc bounces back versus dollar

Swiss franc bounces back versus dollar

The Swiss franc gained against the dollar in early European trade on Friday, as the greenback edged lower against major currencies following a week of gains on expectations for higher US interest rates.
Published 15 Oct, 2005 12:00am
Buoyant dollar takes breather, US CPI in focus

Buoyant dollar takes breather, US CPI in focus

The dollar took a breather on Friday after a brisk week-long rally on expectations of higher US interest rates that pushed it to two-year highs above the technically and psychologically crucial 115 yen level.
Published 15 Oct, 2005 12:00am
Dollar ends flat after hitting two-year high

Dollar ends flat after hitting two-year high

The dollar was broadly flat on Thursday, but not before rallying to fresh highs, including a two-year peak against the yen, on relief buying after a report showed the latest US trade deficit had not widened as much as feared.
Published 15 Oct, 2005 12:00am
Hong Kong dollar firms

Hong Kong dollar firms

The Hong Kong dollar was slightly firmer against the US dollar on Friday, while interbank rates retreated from recent highs as demand for IPO-related funds dwindled. "The USD/HKD spot rate moved in a narrow range with some corporate demand for Hong Kong d
Published 15 Oct, 2005 12:00am
Baird matches Summerlin course record

Baird matches Summerlin course record

Briny Baird scorched the TPC at Summerlin on Thursday with a course record-equalling 10-under 62, while Ryan Palmer posted a 62 at the TPC at The Canyons in the first round of the Michelin Championship.
Published 15 Oct, 2005 12:00am
Lopez squeezes home in Austrian defence

Lopez squeezes home in Austrian defence

Defending champion Feliciano Lopez had a scare before reaching the quarter-finals in defence of the only title of his career so far in the BA-CA Trophy.
Published 15 Oct, 2005 12:00am
Hayden's patience pays dividends

Hayden's patience pays dividends

Matthew Hayden's restrained approach to batting continued to pay dividends as the big Australian opening batsman chiselled out his second consecutive Test century against the World XI here on Friday.
Published 15 Oct, 2005 12:00am
Buchanan re-appointed Aussies coach

Buchanan re-appointed Aussies coach

Cricket Australia (CA) said on Friday it had re-appointed John Buchanan as Australian team coach to a new contract through to after the 2007 World Cup in the West Indies.
Published 15 Oct, 2005 12:00am
Tendulkar back to boost India

Tendulkar back to boost India

Batting superstar Sachin Tendulkar on Friday returned to the India squad for this month's home one-day series against Sri Lanka after recovering from an elbow injury. Sri Lanka will play seven one-dayers, the first beginning at Nagpur on October 25.
Published 15 Oct, 2005 12:00am
Dravid honoured to lead India

Dravid honoured to lead India

Rahul Dravid said on Friday he was "honoured and privileged" to be named India's new cricket captain, ending Sourav Ganguly's five-year reign as the country's most successful skipper.
Published 15 Oct, 2005 12:00am
Hayden century but Aussies lose three wickets to technology

Hayden century but Aussies lose three wickets to technology

Matthew Hayden defied attempts to pension him out of the Australian Test team with a fighting century to lead his country into a strong position after the opening day of the six-day Super Test against the World XI here on Friday.
Published 15 Oct, 2005 12:00am
Dutch arrest seven new suspected members

Dutch arrest seven new suspected members

Dutch authorities arrested seven new suspected members of the Hofstad group terrorist cell on Friday and eliminated "an acute threat" to several politicians and the intelligence services, Interior Minister Johan Remkes said.
Published 15 Oct, 2005 12:00am
Croat journalist pleads not guilty

Croat journalist pleads not guilty

A Croatian journalist pleaded not guilty to contempt of court before a United Nations war crimes tribunal in The Hague on Friday, having previously defied an order to travel to the Netherlands to face the charge.
Published 15 Oct, 2005 12:00am
New Orleans desires return of streetcars

New Orleans desires return of streetcars

New Orleans' fabled streetcars may not be as high on the hurricane repair list as levees or sewers but officials say the city's recovery would not be complete without the quaint, clattering cars.
Published 15 Oct, 2005 12:00am
English actor Craig named as first blond Bond

English actor Craig named as first blond Bond

His name is Craig, Daniel Craig. The English actor was named as the next James Bond on Friday, ending months of speculation over who would take over from Pierce Brosnan on Her Majesty's secret service.
Published 15 Oct, 2005 12:00am
Voters said to hunt for polling sites in west Iraq

Voters said to hunt for polling sites in west Iraq

Hours before a crucial referendum on a new constitution, voters in western Iraq, where many are expected to say "No", were asking themselves a troubling question: where are the polling stations?
Published 15 Oct, 2005 12:00am
Somali pirates release UN-chartered aid vessel

Somali pirates release UN-chartered aid vessel

Somali pirates on Friday released a UN-chartered aid vessel they hijacked this week as it offloaded cargo at a port in the south of the lawless country, the shipowner and World Food Programme (WFP) said.
Published 15 Oct, 2005 12:00am
China tweaks orbiting spacecraft's trajectory

China tweaks orbiting spacecraft's trajectory

China's Shenzhou VI space capsule fired rockets Friday morning to tweak its trajectory during a 30th orbit of Earth, a correction that state media described as routine and planned even before lift-off.
Published 15 Oct, 2005 12:00am
Australia ends 'Pacific Solution' for asylum seekers

Australia ends 'Pacific Solution' for asylum seekers

Australia's conservative government further softened its tough asylum seeker policies Friday by ditching the so-called "Pacific Solution" of locking up refugee applicants in remote island detention camps.
Published 15 Oct, 2005 12:00am
Rove at CIA leak grand jury for fourth time

Rove at CIA leak grand jury for fourth time

US President George W. Bush's top political adviser, Karl Rove, went before a federal grand jury for a fourth time on Friday as prosecutors neared a decision on whether to bring charges over leaking a covert CIA operative's name.
Published 15 Oct, 2005 12:00am
Norway government quits

Norway government quits

Norway's caretaker centre-right government quit on Friday after issuing a 2006 draft budget with a record surplus swollen by booming oil prices for the world's number three exporter.
Published 15 Oct, 2005 12:00am
US and India to sign science, technology pact

US and India to sign science, technology pact

US Secretary of State Condoleezza Rice is to sign a pact with India next week facilitating collaboration between American and Indian scientists in areas ranging from health to space technology.
Published 15 Oct, 2005 12:00am
US and France warn Iran over nuclear activities

US and France warn Iran over nuclear activities

The United States and France Friday urged Iran to resume negotiations on its nuclear activities, and reaffirmed a threat to bring Tehran before the UN Security Council over the issue.
Published 15 Oct, 2005 12:00am
US envoy lucky to be alive: Zimbabwe

US envoy lucky to be alive: Zimbabwe

Zimbabwe's government defended its decision to briefly detain the US ambassador, saying on Friday the envoy was lucky to be alive after straying into a secure zone near President Robert Mugabe's residence.
Published 15 Oct, 2005 12:00am
Saudi king vows to destroy 'devilish' al Qaeda

Saudi king vows to destroy 'devilish' al Qaeda

Saudi King Abdullah vowed in his first television interview as monarch to eliminate al Qaeda even if the battle took decades to win, condemning the terror network as "the work of the devil".
Published 15 Oct, 2005 12:00am
Communist throws water over Gorbachev

Communist throws water over Gorbachev

A militant communist threw a glass of water over former Soviet leader Mikhail Gorbachev during a roundtable discussion in Moscow on Thursday, the Interfax news agency reported. "I threw a glass of water at the former president of the USSR because I don't
Published 15 Oct, 2005 12:00am
New stars found near massive black hole

New stars found near massive black hole

Several dozen stars have been discovered precariously near a gigantic black hole at the center of the Milky Way galaxy, astronomers said late Thursday.
Published 15 Oct, 2005 12:00am
Taleban appoints new spokesman

Taleban appoints new spokesman

Taleban has appointed a new spokesman, a report said Friday, after the movement's previous mouthpiece was arrested in Pakistan. The Afghan Islamic Press news agency said it had been called by a man who identified himself as Abdul Hayee Mutmaen, the group'
Published 15 Oct, 2005 12:00am
Bonds: General Motors rises on split hopes

Bonds: General Motors rises on split hopes

The cost of credit protection on General Motors fell on Friday, paring recent rises, as investors ratcheted up expectations the company will split its financing and auto arms, helping protect bondholders from further coruscating losses.
Published 15 Oct, 2005 12:00am
Bonds: General Motors rises on split hopes

Bonds: General Motors rises on split hopes

The cost of credit protection on General Motors fell on Friday, paring recent rises, as investors ratcheted up expectations the company will split its financing and auto arms, helping protect bondholders from further coruscating losses.
Published 15 Oct, 2005 12:00am
Malaysian shares lower

Malaysian shares lower

Malaysian share prices closed 0.17 percent lower in listless trade Friday amid an absence of fresh leads, dealers said. They added that there was some light bargain-hunting in selected blue chips, but gains were capped due to a general lack of interest.
Published 15 Oct, 2005 12:00am
US Stocks: Friday's unofficial close

US Stocks: Friday's unofficial close

US stocks rose on Friday, helped by falling crude prices and General Electric Co's strong profit, which rekindled hopes for improved corporate earnings.
Published 15 Oct, 2005 12:00am
Indian shares down

Indian shares down

Indian share prices closed 2.09 percent lower Friday as overseas and domestic funds sold heavily in benchmark index and mid-cap stocks, dealers said.
Published 15 Oct, 2005 12:00am
UK's top share index notches up as hotels, leisure firms rise

UK's top share index notches up as hotels, leisure firms rise

Britain's leading share index recovered poise to end higher on Friday, buoyed by gains in hotel and leisure stocks after some welcome disposal news from Hilton and after US inflation data eased investors' fears about higher interest rates.
Published 15 Oct, 2005 12:00am
Indian rupee snaps four-day fall

Indian rupee snaps four-day fall

The rupee snapped a four-session fall on Friday, bouncing off the previous' day's 10-1/2-month closing low on a pause in the dollar's rally overseas and some rupee buying by foreign investors' cancelling offshore forwards.
Published 15 Oct, 2005 12:00am
Sterling rises

Sterling rises

Sterling hit one-week highs against the dollar and rose against the euro on Friday in the absence of major UK data, as markets continued to examine the domestic interest rate outlook.
Published 15 Oct, 2005 12:00am
Dollar approaches recent peaks

Dollar approaches recent peaks

The dollar rose closer to a recent 17-month peak against the yen and three-month peaks versus the euro on Friday ahead of US consumer inflation data that could cement expectations for further interest rate rises.
Published 15 Oct, 2005 12:00am
Will South African platinum output climb on price jumps?

Will South African platinum output climb on price jumps?

Platinum output in dominant producer South Africa is due to rise next year as delayed expansions kick in, but analysts are divided on whether record-setting prices will quickly fuel even more supply.
Published 15 Oct, 2005 12:00am
EU must improve offer on farm market access: US

EU must improve offer on farm market access: US

US Trade Representative Rob Portman said on Friday the European Union must improve its offer on access to agricultural markets if World Trade Organisation talks are to make headway.
Published 15 Oct, 2005 12:00am
Weaker US demand tugs crude downward

Weaker US demand tugs crude downward

Oil slipped further on Friday as high fuel costs pushed US inflation to its biggest rise in more than 25 years and energy demand continued to slow in the world's biggest consumer.
Published 15 Oct, 2005 12:00am
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