AGL 36.58 Decreased By ▼ -1.42 (-3.74%)
AIRLINK 215.74 Increased By ▲ 1.83 (0.86%)
BOP 9.48 Increased By ▲ 0.06 (0.64%)
CNERGY 6.52 Increased By ▲ 0.23 (3.66%)
DCL 8.61 Decreased By ▼ -0.16 (-1.82%)
DFML 41.04 Decreased By ▼ -1.17 (-2.77%)
DGKC 98.98 Increased By ▲ 4.86 (5.16%)
FCCL 36.34 Increased By ▲ 1.15 (3.27%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 17.08 Increased By ▲ 0.69 (4.21%)
HUBC 126.34 Decreased By ▼ -0.56 (-0.44%)
HUMNL 13.44 Increased By ▲ 0.07 (0.52%)
KEL 5.23 Decreased By ▼ -0.08 (-1.51%)
KOSM 6.83 Decreased By ▼ -0.11 (-1.59%)
MLCF 44.10 Increased By ▲ 1.12 (2.61%)
NBP 59.69 Increased By ▲ 0.84 (1.43%)
OGDC 221.10 Increased By ▲ 1.68 (0.77%)
PAEL 40.53 Increased By ▲ 1.37 (3.5%)
PIBTL 8.08 Decreased By ▼ -0.10 (-1.22%)
PPL 191.53 Decreased By ▼ -0.13 (-0.07%)
PRL 38.55 Increased By ▲ 0.63 (1.66%)
PTC 27.00 Increased By ▲ 0.66 (2.51%)
SEARL 104.33 Increased By ▲ 0.33 (0.32%)
TELE 8.63 Increased By ▲ 0.24 (2.86%)
TOMCL 34.96 Increased By ▲ 0.21 (0.6%)
TPLP 13.70 Increased By ▲ 0.82 (6.37%)
TREET 24.89 Decreased By ▼ -0.45 (-1.78%)
TRG 73.55 Increased By ▲ 3.10 (4.4%)
UNITY 33.27 Decreased By ▼ -0.12 (-0.36%)
WTL 1.71 Decreased By ▼ -0.01 (-0.58%)
BR100 11,987 Increased By 93.1 (0.78%)
BR30 37,178 Increased By 323.2 (0.88%)
KSE100 111,351 Increased By 927.9 (0.84%)
KSE30 35,039 Increased By 261 (0.75%)
Print - 2005-12-30
Gold in New York up sharply on year-end fund buying

Gold in New York up sharply on year-end fund buying

Gold futures in New York rallied to a two-week high on Wednesday, powered by fund and investor buying due to upbeat technical and fundamental signals for the metal heading into 2006, traders and analysts said.
Published 30 Dec, 2005 12:00am
PC to float $1 billion GDR of OGDCL shares

PC to float $1 billion GDR of OGDCL shares

The Board of the Privatisation Commission has decided to float Global Depository Receipt (GDR) of Oil and Gas Development Company Limited (OGDCL) shares worth up to one billion dollars.
Published 30 Dec, 2005 12:00am
Gold rises further in Asia on strong dollar

Gold rises further in Asia on strong dollar

Gold rose a further $3 an ounce on Thursday despite a rise in the dollar as investors bet that bullion's recent strength would continue as the year drew to a close.
Published 30 Dec, 2005 12:00am
PC to float $1 billion GDR of OGDCL shares

PC to float $1 billion GDR of OGDCL shares

The Board of the Privatisation Commission has decided to float Global Depository Receipt (GDR) of Oil and Gas Development Company Limited (OGDCL) shares worth up to one billion dollars.
Published 30 Dec, 2005 12:00am
Shanghai copper lower

Shanghai copper lower

Shanghai copper futures slid on Thursday as investors cashed out of a week-long rally during which contracts hit repeated record highs, offsetting the impact of gains on the London Metal Exchange.
Published 30 Dec, 2005 12:00am
PIA may get Rs 800 million subsidy for Haj operations

PIA may get Rs 800 million subsidy for Haj operations

The Economic Co-ordination Committee (ECC) of the cabinet is likely to give approval of the subsidy to the tune of Rs 800 million to the Pakistan International Airlines (PIA) for Haj Operations 2006.
Published 30 Dec, 2005 12:00am
Oil steadies after jump on forecast US stock fall

Oil steadies after jump on forecast US stock fall

Oil prices were steady on Thursday after sharp gains the previous day on forecasts of drops in US crude and distillate product stocks and on expectations that Opec will cut output at its January meeting.
Published 30 Dec, 2005 12:00am
PIA may get Rs 800 million subsidy for Haj operations

PIA may get Rs 800 million subsidy for Haj operations

The Economic Co-ordination Committee (ECC) of the cabinet is likely to give approval of the subsidy to the tune of Rs 800 million to the Pakistan International Airlines (PIA) for Haj Operations 2006.
Published 30 Dec, 2005 12:00am
Malaysian tin climbs

Malaysian tin climbs

Malaysian tin rose almost one percent on Thursday as a surge in the London price of the metal after the long holiday prompted Japanese and European buyers to pay a premium in Kuala Lumpur.
Published 30 Dec, 2005 12:00am
PIA may get Rs 800 million subsidy for Haj operations

PIA may get Rs 800 million subsidy for Haj operations

The Economic Co-ordination Committee (ECC) of the cabinet is likely to give approval of the subsidy to the tune of Rs 800 million to the Pakistan International Airlines (PIA) for Haj Operations 2006.
Published 30 Dec, 2005 12:00am
Asian oil swaps

Asian oil swaps

Asian oil product swaps showed big gains on Thursday, bolstered by a sharp overnight rise in US crude futures, but fuel oil's discount level to Dubai crude deepened due to heavy Western inflows. January fuel oil was quoted at $291.00 a tonne, up $6.75 fro
Published 30 Dec, 2005 12:00am
Bank holiday

Bank holiday

The State Bank of Pakistan (SBP) and all the offices of the SBP Banking Services Corporation, including the public debt offices, would be closed for public dealing on Monday, January 2, 2006 which has been declared as a bank holiday.
Published 30 Dec, 2005 12:00am
China to sell refined sugar amid tight supply

China to sell refined sugar amid tight supply

China said on Thursday it would sell white sugar refined from its 200,000 tonnes of raw reserves in domestic market to help curb prices forced up by tight supply.
Published 30 Dec, 2005 12:00am
Bank holiday

Bank holiday

The State Bank of Pakistan (SBP) and all the offices of the SBP Banking Services Corporation, including the public debt offices, would be closed for public dealing on Monday, January 2, 2006 which has been declared as a bank holiday.
Published 30 Dec, 2005 12:00am
New York sugar ends mixed as trade eyes holiday break

New York sugar ends mixed as trade eyes holiday break

Raw sugar prices settled mixed on Wednesday with small speculators giving nearby contracts a mild boost and most players betting the sweetener could rally on fund buying after the New Year holiday break, brokers said.
Published 30 Dec, 2005 12:00am
Bank holiday

Bank holiday

The State Bank of Pakistan (SBP) and all the offices of the SBP Banking Services Corporation, including the public debt offices, would be closed for public dealing on Monday, January 2, 2006 which has been declared as a bank holiday.
Published 30 Dec, 2005 12:00am
Soya ends weak in thin, choppy holiday trading

Soya ends weak in thin, choppy holiday trading

Chicago Board of Trade soyabean futures ended weak on Wednesday in thin, choppy holiday trading, but there was some support from drier-than-desired crop weather in Argentina, traders said.
Published 30 Dec, 2005 12:00am
Share prices move in thin band

Share prices move in thin band

The share prices moved in a thin band as the investors were reluctant to execute long-term deals because of the indecision of the management of the Karachi Stock Exchange about the appointment of the KSE chairman.
Published 30 Dec, 2005 12:00am
CBOT rice gains on speculative buying

CBOT rice gains on speculative buying

Chicago Board of Trade rough rice futures closed higher on Wednesday on speculative buying by funds, with most-active March rising to a contract high, traders said.
Published 30 Dec, 2005 12:00am
Share prices move in thin band

Share prices move in thin band

The share prices moved in a thin band as the investors were reluctant to execute long-term deals because of the indecision of the management of the Karachi Stock Exchange about the appointment of the KSE chairman.
Published 30 Dec, 2005 12:00am
Share prices move in thin band

Share prices move in thin band

The share prices moved in a thin band as the investors were reluctant to execute long-term deals because of the indecision of the management of the Karachi Stock Exchange about the appointment of the KSE chairman.
Published 30 Dec, 2005 12:00am
Munich Re to raise dividend despite hurricanes

Munich Re to raise dividend despite hurricanes

Munich Re plans to raise its 2005 dividend by more than half and is set to reach its earnings target despite larger-than-expected damage from US hurricanes, which was offset by one-time gains from asset sales.
Published 30 Dec, 2005 12:00am
Munich Re to raise dividend despite hurricanes

Munich Re to raise dividend despite hurricanes

Munich Re plans to raise its 2005 dividend by more than half and is set to reach its earnings target despite larger-than-expected damage from US hurricanes, which was offset by one-time gains from asset sales.
Published 30 Dec, 2005 12:00am
Norway's registered jobless steady at 3-1/2-year low

Norway's registered jobless steady at 3-1/2-year low

Norway's registered unemployment rate was unchanged in December from November at 3.0 percent, at a three-and-a-half-year low, defying economists' expectations for a slight rise.
Published 30 Dec, 2005 12:00am
Big dams vital for economic growth: Musharraf

Big dams vital for economic growth: Musharraf

President General Pervez Musharraf on Thursday said that there is no choice other than big dams to ensure sustainable growth of the country''s economy that mainly depends upon the agriculture sector for which Pakistan is required to build three big dams b
Published 30 Dec, 2005 12:00am
AT&T kicks off its biggest ever ad campaign

AT&T kicks off its biggest ever ad campaign

AT&T Inc, formed by SBC Communications' purchase of AT&T Corp, said on Thursday it is planning the biggest ad campaign in the history of either company in a bid to convince customers to stay as competition heats up from cable television rivals.
Published 30 Dec, 2005 12:00am
Big dams vital for economic growth: Musharraf

Big dams vital for economic growth: Musharraf

President General Pervez Musharraf on Thursday said that there is no choice other than big dams to ensure sustainable growth of the country's economy that mainly depends upon the agriculture sector for which Pakistan is required to build three big dams by
Published 30 Dec, 2005 12:00am
Attack likely caused pipeline fires: Nigeria

Attack likely caused pipeline fires: Nigeria

Fires that broke out along two pipelines in the southern Nigerian state of Delta on Tuesday were most likely caused by an attack rather than attempted oil theft, the state oil company said on Thursday.
Published 30 Dec, 2005 12:00am
Big dams vital for economic growth: Musharraf

Big dams vital for economic growth: Musharraf

President General Pervez Musharraf on Thursday said that there is no choice other than big dams to ensure sustainable growth of the country's economy that mainly depends upon the agriculture sector for which Pakistan is required to build three big dams by
Published 30 Dec, 2005 12:00am
'Reservoirs vital to progress'

'Reservoirs vital to progress'

NWFP Minister for Information, Asif Iqbal Daudzai said that the construction of water reservoirs was imperative for progress and prosperity of the country.
Published 30 Dec, 2005 12:00am
Allianz net profit to rise

Allianz net profit to rise

German insurer Allianz expects its net profit to rise by about a third over the next three years as it integrates Italian unit RAS to boost growth in its second-largest European market.
Published 30 Dec, 2005 12:00am
Pakistanis' kidnapping by UK spies denied

Pakistanis' kidnapping by UK spies denied

Pakistan's ambassador in Athens (Greece) Rashid Saleem Khan has again denied kidnapping of Pakistanis by the British spies. "We are trying to get the matters defused as soon as possible". He, however, assured that "we shall take care so that our community
Published 30 Dec, 2005 12:00am
Allianz net profit to rise

Allianz net profit to rise

German insurer Allianz expects its net profit to rise by about a third over the next three years as it integrates Italian unit RAS to boost growth in its second-largest European market.
Published 30 Dec, 2005 12:00am
Becham's shoes sell for quake victims

Becham's shoes sell for quake victims

A Norwegian businessman bought a pair of British football star David Beckham's old boots on Thursday for a cool million kroner (148,000 dollars), which will go to earthquake victims in Pakistan.
Published 30 Dec, 2005 12:00am
Delta pilots ratify interim agreement

Delta pilots ratify interim agreement

The pilots' union of bankrupt Delta Air Lines Inc on Wednesday ratified an interim agreement with the carrier, paving the way for negotiations to continue toward a final deal in March, the airline said.
Published 30 Dec, 2005 12:00am
Bombardier wins Spanish train order

Bombardier wins Spanish train order

Bombardier said on Thursday it was part of a consortium that won an order from the Spanish National Railways for 30 high-speed trains and will receive about $290 million, or 243 million euros.
Published 30 Dec, 2005 12:00am
Sherpao lauds Frontier Constabulary men

Sherpao lauds Frontier Constabulary men

Frontier Constabulary (FC) has always performed its duties with professional commitment and dedication in all tasks assigned to them, Interior Minister Aftab Ahmad Khan said here on Thursday.
Published 30 Dec, 2005 12:00am
Lufthansa to hire 2,400 new staff

Lufthansa to hire 2,400 new staff

Lufthansa plans to hire 2,400 new employees next year, the German airline said on Thursday. The company has over 90,000 employees.
Published 30 Dec, 2005 12:00am
Traders to close shops by 10:30pm on December 31

Traders to close shops by 10:30pm on December 31

As a gesture of solidarity with the quake survivors, the Traders Association of Islamabad has assured the district administration to close their shops by 10:30 pm on December 31.
Published 30 Dec, 2005 12:00am
Hollinger posts third-quarter loss

Hollinger posts third-quarter loss

Hollinger International Inc on Wednesday posted a lower quarterly loss as the newspaper publisher spent less on legal fees for an accounting scandal involving former chief executive Conrad Black.
Published 30 Dec, 2005 12:00am
TCP to offload 0.2 million tonnes sugar ''within days''

TCP to offload 0.2 million tonnes sugar ''within days''

The Trading Corporation of Pakistan (TCP) will offload ''within days'' 0.2 million tonnes sugar in the open market to arrest the surging trend in its prices, Federal Food Secretary Ismail Qureshi said on Thursday.
Published 30 Dec, 2005 12:00am
Hollinger posts third-quarter loss

Hollinger posts third-quarter loss

Hollinger International Inc on Wednesday posted a lower quarterly loss as the newspaper publisher spent less on legal fees for an accounting scandal involving former chief executive Conrad Black.
Published 30 Dec, 2005 12:00am
TCP to offload 0.2 million tonnes sugar 'within days'

TCP to offload 0.2 million tonnes sugar 'within days'

The Trading Corporation of Pakistan (TCP) will offload 'within days' 0.2 million tonnes sugar in the open market to arrest the surging trend in its prices, Federal Food Secretary Ismail Qureshi said on Thursday.
Published 30 Dec, 2005 12:00am
Taiwan UMC chairman quits over share sale row

Taiwan UMC chairman quits over share sale row

The chairman of Taiwan's United Microelectronics Corp announced on Thursday he would quit over a regulatory probe into the sale of shares by executives.
Published 30 Dec, 2005 12:00am
TCP to offload 0.2 million tonnes sugar 'within days'

TCP to offload 0.2 million tonnes sugar 'within days'

The Trading Corporation of Pakistan (TCP) will offload 'within days' 0.2 million tonnes sugar in the open market to arrest the surging trend in its prices, Federal Food Secretary Ismail Qureshi said on Thursday.
Published 30 Dec, 2005 12:00am
Taiwan UMC chairman quits over share sale row

Taiwan UMC chairman quits over share sale row

The chairman of Taiwan's United Microelectronics Corp announced on Thursday he would quit over a regulatory probe into the sale of shares by executives.
Published 30 Dec, 2005 12:00am
KSE to accept non-member chairman if SECP meets demand

KSE to accept non-member chairman if SECP meets demand

The Karachi Stock Exchange (KSE) is likely to agree upon the appointment of non-member as the chairman of the exchange for new year, provided raise in the number of its director in the board, sources said.
Published 30 Dec, 2005 12:00am
Former Qwest executive pleads guilty to wire fraud

Former Qwest executive pleads guilty to wire fraud

A former Qwest Communications International Inc executive on Wednesday pleaded guilty to wire fraud in a deal with prosecutors and may be used as a witness against ex-chief executive Joseph Nacchio, who is accused of insider trading.
Published 30 Dec, 2005 12:00am
KSE to accept non-member chairman if SECP meets demand

KSE to accept non-member chairman if SECP meets demand

The Karachi Stock Exchange (KSE) is likely to agree upon the appointment of non-member as the chairman of the exchange for new year, provided raise in the number of its director in the board, sources said.
Published 30 Dec, 2005 12:00am
InterDigital wins Nokia patent dispute

InterDigital wins Nokia patent dispute

A US federal court ruled in favour of wireless technology firm InterDigital Communications Corp in a $252 million patent royalty dispute with mobile phone maker Nokia, InterDigital said.
Published 30 Dec, 2005 12:00am
KSE to accept non-member chairman if SECP meets demand

KSE to accept non-member chairman if SECP meets demand

The Karachi Stock Exchange (KSE) is likely to agree upon the appointment of non-member as the chairman of the exchange for new year, provided raise in the number of its director in the board, sources said.
Published 30 Dec, 2005 12:00am
US government move to new airwaves to cost $936 million

US government move to new airwaves to cost $936 million

Moving the US Defence Department and 11 other government agencies' wireless communications to new airwaves will cost almost $936 million, according to a government estimate released on Wednesday.
Published 30 Dec, 2005 12:00am
Tremor hits upcountry

Tremor hits upcountry

A mild earthquake hits Islamabad, Azad Kashmir and NWFP in the wee hours of Thursday. However, no loss of life or property has been reported so far. The tremor was felt at 3:15am that shook ruined town of Balakot and surrounding areas.
Published 30 Dec, 2005 12:00am
German firms enter 2006 more optimistic

German firms enter 2006 more optimistic

German firms are entering 2006 with current business and future prospects healthier than a year ago and planning to invest more yet still cut jobs, according to a survey of industry federations released on Thursday.
Published 30 Dec, 2005 12:00am
Avalanche kills 24 in Kohistan

Avalanche kills 24 in Kohistan

At least 24 persons were killed and one received critical wounds when an avalanche fell on them in the upper mountainous area at Sput Mali in the jurisdiction of Jalakot police station.
Published 30 Dec, 2005 12:00am
UK consumer confidence lowest since March 2003

UK consumer confidence lowest since March 2003

British consumer confidence fell in December to its lowest level since the start of the Iraq war more than two years ago, a survey showed on Thursday.
Published 30 Dec, 2005 12:00am
Avalanche kills 24 in Kohistan

Avalanche kills 24 in Kohistan

At least 24 persons were killed and one received critical wounds when an avalanche fell on them in the upper mountainous area at Sput Mali in the jurisdiction of Jalakot police station.
Published 30 Dec, 2005 12:00am
India to launch South Asia free-trade pact from January 1

India to launch South Asia free-trade pact from January 1

The Indian cabinet approved on Thursday the introduction of a pact with its neighbours from January 1 to promote free trade and economic ties in South Asia, home to nearly one-fifth of the world's population.
Published 30 Dec, 2005 12:00am
Russia buys Turkmen gas

Russia buys Turkmen gas

Russia's gas monopoly Gazprom on Thursday agreed to buy supplies of gas from Turkmenistan that would normally have gone to Ukraine, tightening the screws on Kiev.
Published 30 Dec, 2005 12:00am
China abolishes 2,600-year-old agricultural tax

China abolishes 2,600-year-old agricultural tax

China's 2,600-year-old agricultural tax will no longer exist as of next January 1 after the country's top legislature voted Thursday to abolish it, state media said.
Published 30 Dec, 2005 12:00am
China abolishes 2,600-year-old agricultural tax

China abolishes 2,600-year-old agricultural tax

China's 2,600-year-old agricultural tax will no longer exist as of next January 1 after the country's top legislature voted Thursday to abolish it, state media said.
Published 30 Dec, 2005 12:00am
Japan to start developing Iranian oilfield

Japan to start developing Iranian oilfield

Japan will start to develop a massive oilfield in Iran next year despite opposition from the United States about the investment in the Islamic republic, a report said Thursday.
Published 30 Dec, 2005 12:00am
Ukraine's leader signs 2006 budget into law

Ukraine's leader signs 2006 budget into law

Ukrainian President Viktor Yushchenko signed the 2006 state budget, which aims to channel more funds for investment and development to fuel slow economic growth, into law on Thursday.
Published 30 Dec, 2005 12:00am
Europe's exchanges may seek alliances over mergers

Europe's exchanges may seek alliances over mergers

European securities exchanges may opt for closer co-operation in 2006 if a distracting and protracted battle for the London Stock Exchange does not result in a major deal.
Published 30 Dec, 2005 12:00am
Former Treasury chief Draghi to head Bank of Italy

Former Treasury chief Draghi to head Bank of Italy

Mario Draghi, an investment banker and former Treasury official, was named Bank of Italy governor on Thursday to succeed Antonio Fazio, who quit over a take-over scandal that tainted the country's image.
Published 30 Dec, 2005 12:00am
Hong Kong heads into new record year for IPOs

Hong Kong heads into new record year for IPOs

Hong Kong's stock market will probably notch up another record year of IPOs in 2006, with nearly $26 billion in deals, PricewaterhouseCoopers forecast on Thursday, partly thanks to huge share sales by Chinese banks.
Published 30 Dec, 2005 12:00am
South Korean factory output growth at six-year high

South Korean factory output growth at six-year high

South Korean factory output grew in November at its fastest pace in six years and a key manufacturing business sentiment index for January rose to an eight-month high, official data showed on Thursday.
Published 30 Dec, 2005 12:00am
US existing home sales fall, jobless claims up

US existing home sales fall, jobless claims up

Sales of existing US homes fell 1.7 percent in November to a 6.97 million unit annual rate as inventories climbed, indicating a rally in the US housing market has begun to wane, a trade group said on Thursday.
Published 30 Dec, 2005 12:00am
Taiwan stocks make strong gains

Taiwan stocks make strong gains

Taiwan stocks hit a 20-month high on Thursday, led by flat panel makers such as Chi Mei Optoelectronics Corp on optimism that demand for LCD TVs would continue to be strong next year.
Published 30 Dec, 2005 12:00am
Chinese shares at three-month high

Chinese shares at three-month high

China's shares ended at their highest level in more than three months on Thursday after materials firms rallied on news that Morgan Stanley had agreed to invest in the country's top cement maker, Anhui Conch. The benchmark Shanghai composite index gained
Published 30 Dec, 2005 12:00am
Hong Kong shares tumble

Hong Kong shares tumble

Hong Kong stocks retreated from earlier gains to end lower on Thursday as investors took profits on some Chinese stocks following their recent strength.
Published 30 Dec, 2005 12:00am
US stocks rise with oil sector, consumer confidence

US stocks rise with oil sector, consumer confidence

US stocks edged higher on Wednesday as a jump in crude oil prices boosted Exxon Mobil Corp and the energy sector, while an index showed consumer confidence rose to a four-month high.
Published 30 Dec, 2005 12:00am
US Treasury prices finish lower

US Treasury prices finish lower

US Treasury debt prices trickled lower in thin trade on Wednesday as a two-week rally that had taken benchmark yields to two-month lows appeared to run out of steam. In the process, benchmark 10-year notes eased 9/32 for a yield of 4.38 percent, up from 4
Published 30 Dec, 2005 12:00am
US Treasury prices finish lower

US Treasury prices finish lower

US Treasury debt prices trickled lower in thin trade on Wednesday as a two-week rally that had taken benchmark yields to two-month lows appeared to run out of steam. In the process, benchmark 10-year notes eased 9/32 for a yield of 4.38 percent, up from 4
Published 30 Dec, 2005 12:00am
Indian stocks soar

Indian stocks soar

Indian share prices rose 0.71 percent on Thursday, putting in another strong performance on the back of sustained foreign fund buying in leading benchmark index companies, dealers said.
Published 30 Dec, 2005 12:00am
Singapore shares rally

Singapore shares rally

Singapore share prices closed 0.32 percent higher on Thursday as investors snapped up select blue chips on hopes of a year-end rally, dealers said. They said oil and gas plays helped move the index higher in early trade.
Published 30 Dec, 2005 12:00am
Philippines shares close 1.39 percent firmer

Philippines shares close 1.39 percent firmer

Philippines share prices closed 1.39 percent higher on Thursday, finishing the year on a positive note on the back of investor window-dressing, dealers said.
Published 30 Dec, 2005 12:00am
Nikkei ends up, on track for best year since 1986

Nikkei ends up, on track for best year since 1986

The Nikkei share average booked its highest finish in five years on Thursday, putting it on track for its biggest yearly gain since the 1980s asset bubble, as electronics firms such as Sony Corp gained on expectations of stronger earnings in the new year.
Published 30 Dec, 2005 12:00am
Thai share prices jump

Thai share prices jump

Thai share prices closed 0.70 percent higher on Thursday, supported by year-end window-dressing and gains in regional stock markets, dealers said.
Published 30 Dec, 2005 12:00am
Jakarta shares close slightly down

Jakarta shares close slightly down

Indonesian share prices closed 0.13 percent lower on Thursday in quiet trade on the final trading day of the year, with losses in Bank Mandiri and Astra International weighing on the index, dealers said.
Published 30 Dec, 2005 12:00am
Bangladesh interbank forex, interest rates

Bangladesh interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Thursday. 66.20-66.25 (previous 66.20-66.25). Call Money Rates: 7.50-15.75 percent (previous 7.00-14.75 percent).
Published 30 Dec, 2005 12:00am
Chinese yuan again chalks up post-reval high

Chinese yuan again chalks up post-reval high

China's yuan hit a post-revaluation high versus the dollar for the second straight session on Thursday, as traders betting on a sustained appreciation of the Chinese currency trimmed US dollar holdings.
Published 30 Dec, 2005 12:00am
Swiss franc eases on US consumer data

Swiss franc eases on US consumer data

The Swiss franc eased against the US dollar in early trade on Thursday as the dollar got a boost from better-than-expected US consumer sentiment for December.
Published 30 Dec, 2005 12:00am
Dollar hits two-week high versus yen after US consumer data

Dollar hits two-week high versus yen after US consumer data

The dollar struck a two-week high against the yen in thinning trade on Thursday, bolstered by an above-consensus gauge of US consumer sentiment and on track for its best annual gain against major currencies in eight years.
Published 30 Dec, 2005 12:00am
Dollar narrowly mixed in thin trading

Dollar narrowly mixed in thin trading

The dollar was narrowly mixed on Wednesday in thin, mostly technically driven-trading, gaining some momentum after an above-consensus gauge of US consumer confidence in December.
Published 30 Dec, 2005 12:00am
Hong Kong dollar clings in narrow range

Hong Kong dollar clings in narrow range

The Hong Kong dollar ended little changed against the US dollar on Thursday, with the imminent year end keeping trading in a narrow range.
Published 30 Dec, 2005 12:00am
Three Bangladeshi farmers shot dead by police

Three Bangladeshi farmers shot dead by police

Three farmers were shot dead and 20 people were injured Wednesday when police clashed with villagers who allegedly used sugar cane to make illegal molasses in western Bangladesh, police said.
Published 30 Dec, 2005 12:00am
US secret surveillance up sharply since September 11

US secret surveillance up sharply since September 11

Federal applications for a special US court to authorise secret surveillance rose sharply after the September 11, 2001, attacks, and the panel required changes to the requests at an even greater rate, government documents show.
Published 30 Dec, 2005 12:00am
Sharon battles bulge ahead of election

Sharon battles bulge ahead of election

No doughnuts for Ariel Sharon over the Jewish festival of Hanukkah this year. The Israeli prime minister is counting his calories as closely as the days until a March 28 election.
Published 30 Dec, 2005 12:00am
China confirms seventh human bird flu case

China confirms seventh human bird flu case

China confirmed its seventh human infection -- and third human death -- from bird flu on Thursday, after health officials revealed a 41-year-old factory worker died from the disease over a week ago.
Published 30 Dec, 2005 12:00am
Sudan denies helping Chad rebels

Sudan denies helping Chad rebels

Sudan on Wednesday denied Chadian accusations it was supporting dissidents trying to oust President Idriss Deby and said an African Union summit would go ahead in Khartoum in January.
Published 30 Dec, 2005 12:00am