Taiwan stocks are likely to stay range-bound near five-week highs this week, helped by expectations for better quarterly profits later this month, but price gains could be capped by stiff resistance at 7,000 points.
The median overnight interbank rate on Egypt's pound edged up to nine percent on Sunday from 8-3/4 percent the previous session as dealers said the central bank took some funds out of the market with a deposit auction.
Indian shares are seen slipping a touch in range-bound trading this week, despite positive triggers from strong quarterly earnings reports, as investors sit it out ahead of the outcome of the general election.
Hong Kong-listed shares are likely to remain mired around four-month lows this week, with China plays looking especially skittish as the country moves to rein in its breakneck pace of economic growth.
Asian currencies slid after the greenback strengthened last week on the release of strong economic data that suggested a hike in the historically low US interest rate was in the offing.
Indian bonds are poised to rally this week as some traders bet the central bank will cut a key short-term interest rate signal in a bid to discourage surging foreign investment inflows into the country.
Indian bonds are poised to rally this week as some traders bet the central bank will cut a key short-term interest rate signal in a bid to discourage surging foreign investment inflows into the country.
China's Construction Bank, the country's top property lender, quashed talk of a delay in floating shares on global markets at the end of 2004 or early 2005, in what could be China's biggest IPO to date.
Technical problems in Egypt's stock market dampened an upward trend on the bourse on Sunday, on a quiet day with many foreign markets closed, traders said.
Europe's new earnings season kicks off in earnest this week, though stock market investors will also cast a wary eye on the Federal Reserve for clues on when US interest rates might rise.
Investors will cast an exacting eye over results from Britain's biggest grocer Tesco and bookseller WH Smith this week, while the broader UK market may be hamstrung by the prospect of rising US interest rates.
This week's flood of corporate earnings reports may help wash away some of the nagging worries about rising interest rates and geopolitical tensions that have battered stocks in recent weeks.
China will take steps to let market forces play a bigger role in determining the yuan's value and pave the way for its full convertibility, central bank chief Zhou Xiaochuan was quoted on Sunday as saying.
The World Bank Sunday said Bangladesh was expected to achieve its growth target of 5.5 percent for the fiscal year ending June 30 with an upswing of major economic indicators.
Iran's President Mohammad Khatami, criticised by opponents for his handling of the economy, on Sunday named new ministers to handle economic and labour policy, the official IRNA news agency said.
The economies of eastern Europe and the former Soviet Union will grow by 4.9 percent this year, higher than original estimates, according to the EBRD, the development bank for the region.
Four European firms and one from the United States were awarded bids for the purchase of six million barrels of oil from Iraq's northern fields, a spokesman for the Iraqi oil ministry said Sunday.
Japan's largest electronics group, Hitachi Ltd, is expected to post sharply higher profits in the year to next March, driven by improved earnings at its hard disk drive (HDD) unit, a Japanese newspaper said on Sunday.
Japan's largest electronics group, Hitachi Ltd, is expected to post sharply higher profits in the year to next March, driven by improved earnings at its hard disk drive (HDD) unit, a Japanese newspaper said on Sunday.
Despite a 30-year split of the island, southern Cyprus has flourished economically, with a thriving offshore financial sector, shipping and tourism giving Greek Cypriots a higher standard of living than EU citizens in Greece and Portugal.
South Korea is to offer cash incentives to direct foreign investors in a bid to win back overseas money and boost job creation in an increasingly tight labour market.
French Finance Minister Nicolas Sarkozy will press on with sales of state holdings despite threatened mass protests in the coming months, economists say.
Saudi Electricity Co (SEC) made a net loss of 321 million riyals ($85.6 million) in the first quarter of 2004, down from 338 million riyals in the same period last year, it said on Sunday.
Saudi Electricity Co (SEC) made a net loss of 321 million riyals ($85.6 million) in the first quarter of 2004, down from 338 million riyals in the same period last year, it said on Sunday.
The German government and opposition jostled on Sunday to promote their favourites to succeed Bundesbank president Ernst Welteke, who has resigned in an ethics scandal, with a decision due by Wednesday.
Indian Prime Minister Atal Behari Vajpayee's campaign manager offered Sunday to step down two days before the start of national elections after being charged over a stampede that killed 22 women and children.
Zimbabwe's President Robert Mugabe on Sunday marked 24 years of freedom from British colonial rule by saying his country will never re-join the "evil" Commonwealth.
Putting the United Nations in charge of the Iraqi occupation would not stop the bloody insurgency that has claimed hundreds of lives this month, White House national security adviser Condoleezza Rice said Sunday.
Women singers have been banned from appearing on television in the eastern Afghan province of Nangarhar after their performances were branded un-Islamic, an official said Sunday.
North Korean leader Kim Jong-Il has begun a secret visit to China Sunday for talks with Chinese leaders with the communist state's nuclear drive high on the agenda, media reports said.
Democratic presidential candidate John Kerry said Sunday "Israel has every right in the world to respond to any act of terror against it," when asked about Israel's assassination of Hamas chief Abdel Aziz Rantissi.
Two American police officers and a Jordanian were killed in a shootout in Kosovo, apparently during a row over Iraq, in what the UN Sunday called a reckless attack on its personnel in the Serbian province.
Saudi Arabia said on Sunday it had arrested eight suspects linked to recent clashes between militants and security forces and the booby-trapping of cars.
British Prime Minister Tony Blair is planning a major policy U-turn by agreeing to hold a referendum on whether the country signs up to a new EU constitution, reports said Sunday.
Iran's foreign ministry said Sunday it still had no clue as to who assassinated one of its diplomats in Baghdad, and that it had formally requested the US-appointed Iraqi Governing Council to see that security was reinforced around its embassy there.
Hundreds of thousands of Palestinian mourners cried for vengeance on Sunday for Hamas leader Abdel-Aziz al-Rantissi, slain by Israeli missiles even as the Jewish state plans to quit the group's Gaza stronghold.
An American, Dutch and Russian astronaut were preparing for their lift-off on Monday toward the International Space Station from Moscow's launch pad in Kazakhstan.
Slovaks stopped a comeback by hard-line nationalist former prime minister Vladimir Meciar in a presidential runoff vote, choosing the more moderate Ivan Gasparovic as the country heads into the European Union.
The European Union Sunday rebuffed China's demands for an end to an EU arms embargo in place since the Tiananmen Square massacre, but the communist nation said time was on its side.
Punjab Minister Manazar Ali Ranjha, chairing a meeting of district allotment committees here on Sunday, has asked chairmen of these committees to make sure that the process of allotment of land to the land-less tillers remained clean and transparent.
The representatives of Lahore Township Industries Association (LTIA) have voiced concern over the nomination of chairman of Quaid-e-Azam Town Board (QATB) to run the affairs of Kot Lakhpat Industrial Estate (KLIE) and demanded of the government for withdr
The economy of the Andaman islands has withered since the forced closure of its massive logging industry two years ago, leaving it struggling to switch gears and find new ways to sustain itself.
Pakistan's annual budget for the fiscal 2004-05 is expected to be presented in the National Assembly some time in June 2004. Hardly about a couple of months remains before its presentation.
With the every passing day, dairy products are becoming costlier because live stock farming has not scientifically grown with the increase in population and also it did not match with the pace of urbanisation.
I am a small investor in the KSE. The recent speculative hype attracted me to the stock market but did not force me to opt for mere speculation. Before investing my lifetime fortunes, I carried out a detailed analysis of available investment options, incl
As underprivileged as women are in this society, it is least surprising that there are only a few female entrepreneurs. Those who are in the field find it too difficult to pursue their business interests.
Policy makers in Pakistan never seem to tire of talking about the prospects of attracting foreign investment in a big way and utilising it to increase the growth rate to well over 6 percent, thus raising employment levels and alleviating poverty.
A meeting of central executive committee of the Markazi Imam Hussain Council was held here on Sunday to chalk out a countrywide programme of the Martyrdom Day of Hazrat Imam Hassan (AS).
The wheat procurement drive is in full swing under the supervision of Food Department. A target to procure 500,000 tonnes of wheat has been fixed for Faisalabad region during this season and so far a total quantity of 25,688 tonnes of wheat has been procu
Use of unhygienic plastic containers for carriage of milk is a dangerous trend, and the government should take appropriate and immediate steps to save the people from the hazards of horrible effects of Blue Drums.
Maintaining its tradition of fostering research partnerships beneficial to both academic and national arenas, National University of Sciences and Technology (NUST) has signed a Memorandum of Understanding (MoU) with the Electric Power Research Institute (
A civil court here has returned the suit filed by a local industry M/s Afridi Beverages (Pvt) Ltd relating to manufacturing and distribution of beverages by the name of Mecca Cola.
NWFP Governor Lieutenant General Syed Iftikhar Hussain Shah (Retd) performed the ground-breaking of Maidani small dam in Kurram Agency as part of the government's plan to construct 12 small dams in different tribal agencies.
The Home Department, Punjab and Provincial Police Officer once again come face to face about the pending inquiries against Deputy Superintendents of Police (DSPs), it is learnt reliably.
The Driving School run by Traffic Police, Rawalpindi, has so far trained 361 male and female candidates besides imparting refresher course to more than 1,700 public transport drivers.
All Parties Hurriyat Conference(APHC), AJK Chapter has decided to stage protest demonstration on Tuesday outside the Indian High Commission on the occasion of the first phase of elections drama in Indian occupied Kashmir scheduled to be held on April 20.
A contingent of 121 boy scouts from India have arrived here to take part in the 13th National Scout Jamboree. India is participating in the jamboree after a decade.
The president of Azad Jammu and Kashmir (AJK), Sardar Muhammad Anwar Khan, has urged India to withdraw its troops from occupied Kashmir for the peaceful settlement of the Kashmir issue.
Microsoft has started interacting with the high-ups of software developers in Pakistan to get the idea of the prevailing problems and efforts made for their solutions at various technical levels.
The Pakistan Telecommunication Company's (PTC) offer for the Audio-Video teleconferencing is being sought for by more and more organisations that are holding international conferences and seminars in Pakistan.
A large number of cases that had originated from the National Accountability Bureau or its predecessor, the Ehtesab Commission, have now come up in appeal forms from convicts or the NAB and have been clubbed together for hearing by the Supreme Court from
Prime Minister Mir Zafarullah Khan Jamali is likely to visit Lakki Marwat, NWFP, in the first week of May. He has been extended an invitation to visit Lakki Marwat by District Nazim, Huamayun Saifullah Khan, his brothers and Pakistan Muslim League's centr
Trading stride was observed towards the end of the week when buyers sensing world rate appeared in bullish mood turned to local markets to avoid as much loss as possible.
A large number of female commuters especially government and semi-government employees of twin cities have expressed facilitation over the operation of private transport company Varan in different routes of twin-cites and said it has solved their travel p
Federal Ministry of Science and Technology Minister In-charge and Higher Education Commission Chairman Professor Dr Atta-ur-Rehman along with three other Pakistani and US scientists have edited the first "online" book on medicinal chemistry.
A total number of 120 couples, 107 Muslims and 13 Christians belonging to poor strata of society, were tied into matrimonial bondage during a function held at the Fortress Stadium here on Sunday.
A three-day National Conference on 'Role of Agriculture in Poverty Alleviation' would begin here on April 21, whose recommendations would be presented to the government for incorporating these in the forthcoming national budget.
Agricultural Development Bank (ADB), in collaboration with the Revenue Department Punjab, will distribute Rs 5 billion to small farmers for buying fertiliser and medicines for the Kharif season this year.
The campaign launched on the directive of Provincial Food and Agriculture Minister Arif Mustufa Jatoi, against the illegal check-posts established by market contractors for collecting market fee, has started yielding positive results.
At the conclusion of the celebrations marking the 30th birthday of Nuclear Institute for Agriculture and Biology (NIAB) at Faisalabad on Sunday, a review of its achievement claimed that it had developed and released a total of 22 varieties of crops by cha
A 20-member ministerial trade and investment mission from Singapore led by Minister of State for Health and Transport, Dr Balaji Sadasivan, arrived here on a week-long visit on Sunday.
Punjab Senior Minister Muhammad Basharat Raja will chair a meeting of a committee for making recommendations for improvement and removal of hindrances in promotion of housing sector on Monday.
The women writers and intellectuals have urged upon the Sindh as well as Federal government to take stern action against those found involved in the Karo Kari cases in the upper Sindh and stressed the educated women to play their vital role in development
Pakistan Navy will participate for the first time in a US-led international exercise next week aimed at deterring terrorists, arms and human smugglers at sea, an official said on Sunday.