Singapore exchange reports record derivative and fund volume
Singapore - The Singapore Exchange Limited (SGX) Tuesday said its derivatives and Exchange Traded Funds (ETF) markets set new trading records last year with volume surging to 62 million contracts, up by 38 per cent from 2007. By September 2008, turno...
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2009-01-06 ] Category : [
Business ]
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Tokyo stocks close higher on weaker yen - Summary
Tokyo - The Tokyo stock market ended modestly higher Tuesday on the US dollar's advance against the yen. The benchmark Nikkei 225 Stock Average closed up 37.72 points, or 0.42 per cent, to 9,080.84. ...
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2009-01-06 ] Category : [
Business ]
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Philippine inflation 9.3 per cent in 2008
Manila - The Philippines' inflation rate increased to 9.3 per cent for 2008 as high oil and food prices battered the economy, the government said Tuesday. The National Statistics Office said the annual rate shot up from 2.8 per cent in 2007, but stay...
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2009-01-06 ] Category : [
Business ]
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Toyota to suspend domestic plant operations to cut output
Tokyo - Toyota Motor Corp decided to further reduce output by halting operations for 11 days at 12 domestic plants in February and March, the company said Tuesday. Due to rapid decline of overseas demand, the leading automaker suspended operations fo...
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2009-01-06 ] Category : [
Business ]
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Fall in inflation could set the stage for rate cut
Berlin - European inflation fell below the European Central Bank's (ECB) 2 per cent target in December, data to be released Tuesday is forecast to show, raising the prospects of the ECB delivering another cut in rates at its meeting set for next week...
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2009-01-06 ] Category : [
Business ]
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Tokyo stocks open higher on weaker yen
Tokyo - The Tokyo stock market opened higher Tuesday on the US dollar's advance against the yen. The benchmark Nikkei 225 Stock Average gained 101.55 points, or 1.12 per cent, to 9,144.67. ...
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2009-01-06 ] Category : [
Business ]
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Wall Street gloomy about earnings prospects
New York - Major US stock indices were off Monday amid growing worries about corporate profits in the coming months. The big unknown is what will happen if you see a lot of Wall Street analysts shaving their estimates in the next few months, Hunting...
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2009-01-05 ] Category : [
US (Business) ]
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US carmakers end 2008 with steep slides in sales
New York - US carmakers ended 2008 with further year-on-year declines in December and the lowest yearly sales figures in 15 years. About 13 million vehicles were sold in 2008 in the United States, down from more than 16 million in 2007, with the stee...
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2009-01-05 ] Category : [
US (Business) ]
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BMW sales in US drop nearly 10 per cent in 2008
Munich - Sales by car manufacturer BMW in the company's important market in the United States dropped 9.7 per cent in 2008 from the prior year, the Munich-based company reported Monday. Total sales amounted to 303,190, the company reported. ...
[Posted
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2009-01-05 ] Category : [
US (Business) ]
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