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Print - 2006-11-04
Seven US troops killed in Iraq

Seven US troops killed in Iraq

Seven American troops were killed on Thursday in Iraq, the US military said on Friday, updating an earlier toll. Three US marines died from wounds sustained due to enemy action while operating in Al-Anbar province in western Iraq, a statement said.
Published 04 Nov, 2006 12:00am
US MIDDAY: gold declines

US MIDDAY: gold declines

US gold futures on Friday opened below fresh eight-week highs set in overnight trading, then extended losses as the dollar firmed on the back of a mixed October US employment report.
Published 04 Nov, 2006 12:00am
US MIDDAY: soyabeans firm

US MIDDAY: soyabeans firm

Soyabean futures at the Chicago Board of Trade were firm early on Friday as the soya/corn spread adjusted, traders said. The price relationship between corn and soyabeans, with CBOT corn hovering at a 10-year high, was encouraging farmers to plant a lot m
Published 04 Nov, 2006 12:00am
US MIDDAY: copper higher

US MIDDAY: copper higher

Copper futures in New York traded higher at the open on Friday, with inventory declines in Shanghai offsetting the recent three-week build in London stocks, sources said.
Published 04 Nov, 2006 12:00am
US MIDDAY: corn mixed

US MIDDAY: corn mixed

Corn futures at the Chicago Board of Trade were mixed early on Friday in consolidation trade the day after a huge wave of investment fund buying sent prices to 10-year highs, traders said.
Published 04 Nov, 2006 12:00am
US MIDDAY: wheat lower

US MIDDAY: wheat lower

Wheat futures at the Chicago Board of Trade were lower early on Friday on a technical setback from Thursday's higher close, traders said. The grain markets were taking a breather after Thursday's aggressive trade, led by fund buying in corn and soybeans.
Published 04 Nov, 2006 12:00am
US MIDDAY: sugar plummets

US MIDDAY: sugar plummets

Raw sugar prices settled sharply lower Friday due to late speculative sales and near the bottom of the recent range, with more losses expected for next week, brokers said.
Published 04 Nov, 2006 12:00am
US MIDDAY: cocoa down

US MIDDAY: cocoa down

US cocoa futures ended down Friday after trending higher to breach $1,500 a tonne as players tried to narrow the gap between forward months and the benchmark contract which was approaching delivery.
Published 04 Nov, 2006 12:00am
US MIDDAY: coffee extends gains

US MIDDAY: coffee extends gains

Arabica benchmark coffee futures added to earlier gains, reaching a high dating back to August 23 as funds and speculators continued to drive coffee up before Friday's close, traders said.
Published 04 Nov, 2006 12:00am
Platinum and gold rally falters

Platinum and gold rally falters

Platinum rallied 5 percent on talk of a new exchange-traded fund and gold hit a fresh eight-week high on Friday, but prices corrected after the US unemployment rate fell to a 5-1/2 year low, traders said.
Published 04 Nov, 2006 12:00am
Copper remains up

Copper remains up

Copper was higher in London on Friday as investors moved to cover exposed bets on falling prices ahead of the weekend, but a three-week run of inventory rises worried investors, dealers said. Copper for delivery in three months gained $85 at $7,330 a tonn
Published 04 Nov, 2006 12:00am
London sugar lower

London sugar lower

London white sugar futures closed slightly lower on Friday, knocked by trade selling in New York, dealers said. The December contract closed at $400.80 per tonne, down $4.20 from Thursday's close, after trading between $400.80 and $406.00.
Published 04 Nov, 2006 12:00am
New York cotton finishes quietly firm

New York cotton finishes quietly firm

Cotton futures finished slightly higher Friday as switch trade was again the main feature of business in lethargic dealings, brokers said. New York Board of Trade's December cotton contract edged up 0.03 cent to end at 49.21 cents per lb, trading from 48.
Published 04 Nov, 2006 12:00am
Kenya launches branded teas

Kenya launches branded teas

Kenya's leading tea producer launched a series of branded teas on Friday aimed at value addition and increasing local consumption to counter falling global bulk tea prices.
Published 04 Nov, 2006 12:00am
Oil climbs above $59 on supply threats

Oil climbs above $59 on supply threats

Oil rose above $59 a barrel on Friday after the United States warned that a militant group may soon attack Nigeria's oil facilities. Adding to concerns, BP said it received a bomb threat at its refinery in Whiting, Indiana, the fifth-largest refinery in t
Published 04 Nov, 2006 12:00am
ICO sees stable global coffee balance

ICO sees stable global coffee balance

Coffee supply and demand should be well balanced this year and next, leading to stable prices, executives of the International Coffee Organisation (ICO) said on Friday.
Published 04 Nov, 2006 12:00am
Canada to focus first on barley monopoly

Canada to focus first on barley monopoly

Canada's Conservative government will focus on removing the Canadian Wheat Board's monopoly on barley exports before tackling the agency's wheat monopoly, Agriculture Minister Chuck Strahl said on Friday.
Published 04 Nov, 2006 12:00am
UK's top share index flat

UK's top share index flat

Britain's FTSE 100 index of leading shares ended almost flat on Friday, supported by strong US employment data and an upbeat survey of UK service sector firms but wary of looming interest rate rises.
Published 04 Nov, 2006 12:00am
Seoul shares unchanged

Seoul shares unchanged

Seoul shares ended flat on Friday, scraping a fresh 5-1/2 month closing high, as Shinhan Financial rose a day after posting a jump in profits, but as a stronger won and hefty foreign selling continued to take their toll.
Published 04 Nov, 2006 12:00am
US Stocks: Friday's midafternoon trade

US Stocks: Friday's midafternoon trade

US stocks slipped on Friday, with the Dow on track for its longest losing streak since June 2005, as jobs data showing strength in the economy raised worries the Federal Reserve may need to resume interest rates increases. Consumer-oriented stocks such as
Published 04 Nov, 2006 12:00am
Credit markets edge tighter

Credit markets edge tighter

European credit markets edged tighter on Friday, continuing a month-long rally after US jobs data showed an unexpectedly robust labour market, but trading was subdued, traders said.
Published 04 Nov, 2006 12:00am
Credit markets edge tighter

Credit markets edge tighter

European credit markets edged tighter on Friday, continuing a month-long rally after US jobs data showed an unexpectedly robust labour market, but trading was subdued, traders said.
Published 04 Nov, 2006 12:00am
Dollar broadly flat in London

Dollar broadly flat in London

The dollar was steady against the euro and yen on Friday, with trading volume sapped by a Japanese public holiday and investor reluctance to make big bets ahead of a key US employment report.
Published 04 Nov, 2006 12:00am
Sterling gains against euro

Sterling gains against euro

Sterling nudged up towards recent 15-month peaks against the euro on Friday, after robust British service sector data reinforced expectations of a rate hike next week and perhaps more monetary tightening in 2007.
Published 04 Nov, 2006 12:00am
Indian rupee hits six-month high

Indian rupee hits six-month high

The Indian rupee hit a six-month high against the dollar on Friday, fuelled by foreign fund inflows into equities, but couldn't sustain the gains as traders skimmed profits ahead of key US jobs data.
Published 04 Nov, 2006 12:00am
Australian Muslim cleric calls for ethical hearing

Australian Muslim cleric calls for ethical hearing

One of Australia's top Muslim clerics, who inflamed anti-Muslim sentiment by saying unveiled women were like uncovered meat, called on Friday for an ethical hearing, saying he would quit if found guilty of justifying rape.
Published 04 Nov, 2006 12:00am
Taiwan president's wife indicted for corruption

Taiwan president's wife indicted for corruption

Taiwan prosecutors indicted the wife of President Chen Shui-bian on corruption charges on Friday, and said Chen himself might also have committed offences but could not be prosecuted while in office.
Published 04 Nov, 2006 12:00am
Iran sanctions draft goes too far: Russia

Iran sanctions draft goes too far: Russia

Russia is ready to back a UN resolution to curb Iran's nuclear programme but sanctions drawn up by European leaders greatly exceed what Moscow agreed with Western powers, Foreign Minister Sergei Lavrov said on Friday.
Published 04 Nov, 2006 12:00am
Hundreds of thousands more could flee Iraqi violence: UN

Hundreds of thousands more could flee Iraqi violence: UN

Some 50,000 Iraqis are fleeing their homes each month and hundreds of thousands more may soon follow, fearing prolonged instability in the country, the United Nations refugee agency (UNHCR) said on Friday.
Published 04 Nov, 2006 12:00am
Bush challenges Democrats to offer plan for Iraq

Bush challenges Democrats to offer plan for Iraq

President George W. Bush challenged Democrats on Friday to offer their plan for winning in Iraq as he swept across Republican strongholds in the US heartland to try to help his party's candidates survive on Election Day.
Published 04 Nov, 2006 12:00am
Science critical to Britain's future: Blair

Science critical to Britain's future: Blair

Tony Blair said on Friday technological innovation was crucial to Britain's economic success and that scientific skills were needed in the battle against climate change and disease.
Published 04 Nov, 2006 12:00am
Photographer freed in Afghanistan

Photographer freed in Afghanistan

Gabriele Torsello, an Italian photojournalist kidnapped in Afghanistan's lawless south, was released on Friday after some three weeks chained in dark rooms.
Published 04 Nov, 2006 12:00am
China dangles trade, aid before Africa

China dangles trade, aid before Africa

Leaders of more than 40 African nations converged on Beijing on Friday for a summit at which China will seek to bolster its influence on the resource-rich but economically backward continent.
Published 04 Nov, 2006 12:00am
UN Gulf War body admits overpaid $60 million

UN Gulf War body admits overpaid $60 million

The United Nations Gulf War reparations programme admitted on Friday that it had overpaid some $60 million to claimants for damages from Iraq's 1990-91 invasion and occupation of Kuwait.
Published 04 Nov, 2006 12:00am
Indian UN official pleads not guilty to bribery

Indian UN official pleads not guilty to bribery

A UN purchasing official pleaded not guilty on Thursday to buying two luxury Manhattan apartments at drastically cut prices in return for steering more than $50 million in contracts to Indian firms.
Published 04 Nov, 2006 12:00am
Taliban attacks leave seven dead

Taliban attacks leave seven dead

Six Afghan police and a soldier were killed and eight Nato troops injured in three separate attacks by Taliban insurgents in Afghanistan, officials and the military said Friday. The attacks, which occurred in Herat in the west and Laghman in the east also
Published 04 Nov, 2006 12:00am
Senior US evangelical steps down over sex scandal

Senior US evangelical steps down over sex scandal

The president of the US National Association of Evangelicals, who has had regular talks with the White House and vocally opposes gay marriage, resigned on Thursday after being accused of having a sexual relationship with a male escort.
Published 04 Nov, 2006 12:00am
Kate Moss fashion award stirs controversy in Britain

Kate Moss fashion award stirs controversy in Britain

Supermodel Kate Moss, at the centre of a cocaine scandal just over a year ago, has won the top accolade in British fashion, but the award has divided opinion and stirred fresh controversy over the celebrity.
Published 04 Nov, 2006 12:00am
Hungary braces for more 1956 anniversary protests

Hungary braces for more 1956 anniversary protests

Hungarian protesters planned around 30 rallies on Saturday, the 50th anniversary of the day Soviet tanks crushed the 1956 uprising, and the beleaguered government warned there could be more violence.
Published 04 Nov, 2006 12:00am
Mexico riot police retreat as violence flares

Mexico riot police retreat as violence flares

Thousands of protesters hurling rocks and Molotov cocktails forced riot police using tear gas and water cannons to retreat on Thursday as clashes spiralled out of control in Mexico's tourist city of Oaxaca.
Published 04 Nov, 2006 12:00am
Congolese soldiers to be tried for beating voters

Congolese soldiers to be tried for beating voters

The Congolese army has arrested four of its soldiers who will be put on trial for beating up dozens of civilians when they tried to vote in historic elections held on Sunday, an army spokesman said on Friday.
Published 04 Nov, 2006 12:00am
Asif to appeal against doping ban

Asif to appeal against doping ban

Pakistan pace bowler Mohammad Asif is to appeal against the one-year ban handed down by a Pakistan Cricket Board doping tribunal. Both Asif and fellow new ball bowler Shoaib Akhtar tested positive for the banned steroid nandrolone in out-of-competition te
Published 04 Nov, 2006 12:00am
Pakistan to review central contracts after bans

Pakistan to review central contracts after bans

In the wake of the doping bans imposed on fast bowlers Shoaib Akhtar and Mohammad Asif, the Pakistan Cricket Board will conduct a review of central contracts awarded to players, an official said on Friday.
Published 04 Nov, 2006 12:00am
England need to improve on 2005, says Flintoff

England need to improve on 2005, says Flintoff

England captain Andrew Flintoff believes the team will have to improve on their 2005 performance if they are to retain the Ashes in Australia. The England squad are due to fly to Australia from Heathrow Airport on Friday.
Published 04 Nov, 2006 12:00am
Serena to launch Australian Open campaign

Serena to launch Australian Open campaign

Former world number one Serena Williams will launch her 2007 Australian Open campaign at the Hobart International, a lower tier event starting the week before the first grand slam of the year.
Published 04 Nov, 2006 12:00am
Shoaib may be exonerated, says doctor

Shoaib may be exonerated, says doctor

Pakistan's fast bowler, Shoaib Akhtar will be exonerated from the charges and will eventually take part in the 2007 World Cup because nutritional supplements, herbal medicines and some pain-relieving injections were neither illegal nor banned items.
Published 04 Nov, 2006 12:00am
Jankovic ousts American King

Jankovic ousts American King

Top-seeded Jelena Jankovic rallied for a 4-6, 6-1, 6-4 win over American Vania King on Thursday at the 175,000 dollar WTA Bell Challenge. In June, the 21-year-old Jankovic edged King 6-2, 4-6, 6-2, in the second round at Wimbledon.
Published 04 Nov, 2006 12:00am
Murray's breakthrough year ends with whimper

Murray's breakthrough year ends with whimper

Andy Murray started 2006 as heir apparent to Tim Henman and enjoyed his crowning glory with a first title in San Jose followed by becoming only the second man this year to beat Roger Federer.
Published 04 Nov, 2006 12:00am
Kenyan government acts to end soccer crisis

Kenyan government acts to end soccer crisis

The Kenyan government dissolved the trouble-ridden Kenya Football Federation (KFF) on Friday in a bid to stem months of chaos that has marred the sport in the east African nation.
Published 04 Nov, 2006 12:00am
Asian currencies: Taiwan dollar steams ahead

Asian currencies: Taiwan dollar steams ahead

The Taiwan dollar rose to a five-week high against the US dollar on Friday, helped by foreign fund inflows, while most other Asian currencies were steady ahead of a key US jobs report later in the day.
Published 04 Nov, 2006 12:00am
Hong Kong dollar little changed

Hong Kong dollar little changed

The Hong Kong dollar was trapped in a narrow range on Friday as players kept to the sidelines ahead of a key US jobs report later in the day. The currency was trading at 7.7774/75 against the US dollar, after moving in a tiny six-tick range during the ses
Published 04 Nov, 2006 12:00am
Dollar slips versus euro

Dollar slips versus euro

The dollar weakened against the euro on Thursday after the president of the European Central Bank indicated the ECB could raise interest rates next month, potentially narrowing the US interest rate advantage. However, risks going into Friday's October US
Published 04 Nov, 2006 12:00am
Dollar flat before US jobs

Dollar flat before US jobs

The US dollar moved in a narrow range against the euro and the yen on Friday as a Japanese holiday thinned trading volume and investors turned cautious ahead of US jobs data. The holiday provided the dollar with some respite after its weakness this week.
Published 04 Nov, 2006 12:00am
Yuan keeps its rising momentum

Yuan keeps its rising momentum

The yuan hit a post-revaluation high against the dollar on Friday, sticking to a seven-week rising track and encouraged by signs that the central bank is willing to allow the yuan to rise at a faster pace.
Published 04 Nov, 2006 12:00am
Swiss franc flat

Swiss franc flat

The Swiss franc was little changed against the dollar and the euro in early trade on Friday ahead of key US October non-farm payrolls data later in the session, which should provide some direction for the US currency.
Published 04 Nov, 2006 12:00am
Jakarta shares surge

Jakarta shares surge

Jakarta share prices closed 0.33 percent higher on Friday, led by interest-rate sensitive stocks ahead of a widely-anticipated 50 basis point cut in key interest rates by the central bank next Tuesday, dealers said.
Published 04 Nov, 2006 12:00am
Financial, property stocks push up Chinese shares

Financial, property stocks push up Chinese shares

Chinese shares rose 0.81 percent on Friday as a strong yuan helped financial and property stocks, heavily weighted in the index, rebound from losses on Thursday. A surge in ICBC's H-shares pulled up its A-shares.
Published 04 Nov, 2006 12:00am
Thai shares at six-month high

Thai shares at six-month high

Thai share prices closed at a six-month high on Friday as investors saw Premier Surayud Chulanont's first speech to parliament as a fresh sign of political normalcy following a September coup, dealers said.
Published 04 Nov, 2006 12:00am
Singapore stocks drop

Singapore stocks drop

Singapore share prices closed 0.32 percent lower on Friday as the market consolidated following recent strong gains, dealers said. Investors are waiting for more positive cues from quarterly corporate profit results which are due to be released in the nex
Published 04 Nov, 2006 12:00am
Malaysian shares rise

Malaysian shares rise

Malaysian share prices closed 0.28 percent higher on Friday with the key index firmer on continued interest in selected blue chips in the banking and plantations sectors, dealers said. They said profit-taking activity kept the market in check after the ma
Published 04 Nov, 2006 12:00am
US Treasuries stumble on profit-taking

US Treasuries stumble on profit-taking

US Treasury debt prices fell on Thursday as unexpectedly strong growth in third-quarter US unit labour costs was seen delaying a Federal Reserve rate cut next year, giving investors an excuse to skim profits from a recent rally.
Published 04 Nov, 2006 12:00am
US Treasuries stumble on profit-taking

US Treasuries stumble on profit-taking

US Treasury debt prices fell on Thursday as unexpectedly strong growth in third-quarter US unit labour costs was seen delaying a Federal Reserve rate cut next year, giving investors an excuse to skim profits from a recent rally.
Published 04 Nov, 2006 12:00am
Indian shares jump

Indian shares jump

Indian share prices closed at a third straight record high on Friday, recovering from early sluggishness as funds sought benchmark index companies in the oil and media sectors, dealers said. They said buying momentum was strong on positive Asian market tr
Published 04 Nov, 2006 12:00am
US stocks sag on Wal-Mart

US stocks sag on Wal-Mart

US blue chip stocks fell for a fifth day on Thursday in their longest losing streak in more than a year, after Wal-Mart Stores Inc's disappointing sales forecast and economic data raised concerns about inflation and slow growth.
Published 04 Nov, 2006 12:00am
Philippines shares rally

Philippines shares rally

Philippines share prices closed 1.66 percent higher on Friday, supported by a Moody's Investors Service rating upgrade for the country and a slight easing in monetary policy, dealers said.
Published 04 Nov, 2006 12:00am
Taiwan stocks make gains

Taiwan stocks make gains

Taiwan stocks ended 1.18 percent higher on Friday, led by gains in shares such as Far Eastern International Bank, on news that part of its holdings would be sold to HSBC. The main TAIEX share index advanced 83.51 points to 7,161.61, while the bank and ins
Published 04 Nov, 2006 12:00am
Boeing set to hit 2006 target in China

Boeing set to hit 2006 target in China

Boeing Co has won about 100 orders from China's airlines this year and is on track to meet its full-year target for a country fast becoming a crucial battleground with arch-foe Airbus.
Published 04 Nov, 2006 12:00am
Lebanon eyes over $4 billion at Paris aid conference

Lebanon eyes over $4 billion at Paris aid conference

Lebanon expects to garner over $4 billion from donor countries at aid talks in Paris next year to help reduce its huge public debt and avert a financial crisis, Lebanese economy and trade minister said on Thursday.
Published 04 Nov, 2006 12:00am
Poor Opec discipline may undermine Saudi oil cut

Poor Opec discipline may undermine Saudi oil cut

Opec has cut less than half the 1.2 million barrels per day of oil agreed last month and with prices still near $60 some countries may be pumping more crude at the expense of more disciplined members.
Published 04 Nov, 2006 12:00am
Mediaset mulls bid for ProSiebenSat.1

Mediaset mulls bid for ProSiebenSat.1

Mediaset said on Friday it was considering bidding for German TV broadcaster ProSiebenSat.1 in a potentially major overseas expansion by the group controlled by former Prime Minister Silvio Berlusconi's family.
Published 04 Nov, 2006 12:00am
World Bank sees vaccine bond launch soon

World Bank sees vaccine bond launch soon

A rare triple-A bond designed to raise up to $1 billion for life-saving vaccines in the world's poorest countries will be launched in Europe by mid-November, World Bank treasury officials said on Thursday.
Published 04 Nov, 2006 12:00am
World Bank sees vaccine bond launch soon

World Bank sees vaccine bond launch soon

A rare triple-A bond designed to raise up to $1 billion for life-saving vaccines in the world's poorest countries will be launched in Europe by mid-November, World Bank treasury officials said on Thursday.
Published 04 Nov, 2006 12:00am
South Korea upholds jail for Daewoo founder

South Korea upholds jail for Daewoo founder

A South Korean court Friday upheld fraud and embezzlement convictions against Daewoo Group founder Kim Woo-Choong, whose empire collapsed in 1999 in one of the world's largest corporate failures.
Published 04 Nov, 2006 12:00am
JP Morgan may invest in oil and commodities freight

JP Morgan may invest in oil and commodities freight

US investment bank J.P. Morgan, an aggressive up-and-comer in commodities markets, is considering buying or leasing ships to bolster its trading position, a senior company official said on Thursday.
Published 04 Nov, 2006 12:00am
Global free trade talks risk total collapse: Lamy

Global free trade talks risk total collapse: Lamy

Global free trade talks risk total failure and their collapse would erode faith in the multilateral system on which international commerce depends, the head of the World Trade Organisation (WTO) warned on Friday.
Published 04 Nov, 2006 12:00am
China raises required reserves for third time in 2006

China raises required reserves for third time in 2006

China raised commercial banks' reserve requirements on Friday for the third time in five months to soak up more of the money gushing into the banking system from the country's huge balance-of-payments surplus.
Published 04 Nov, 2006 12:00am
Georgia looks to BP, Iran to replace Russian gas

Georgia looks to BP, Iran to replace Russian gas

Georgia believes gas from Iran and a BP-led project in Azerbaijan could fully replace Russian fuel after Moscow threatened to double prices amid a political row with Tbilisi, a minister said on Friday.
Published 04 Nov, 2006 12:00am
EU to propose law on car emissions

EU to propose law on car emissions

The European Commission will soon propose binding legislation to force auto makers to reduce the emissions of carbon dioxide (CO2) from new cars, a newspaper quoted Environment Commissioner Stavros Dimas as saying.
Published 04 Nov, 2006 12:00am
British Airways profit falls

British Airways profit falls

British Airways posted a fall in second-quarter profits as expected on Friday, after a security alert at British airports forced it to cancel flights, and on the sale of its loss-making regional unit BA Connect.
Published 04 Nov, 2006 12:00am
British Airways profit falls

British Airways profit falls

British Airways posted a fall in second-quarter profits as expected on Friday, after a security alert at British airports forced it to cancel flights, and on the sale of its loss-making regional unit BA Connect.
Published 04 Nov, 2006 12:00am
US unemployment rate drops to 5-1/2-year low

US unemployment rate drops to 5-1/2-year low

The US unemployment rate dropped to a 5-1/2 year low in October as 92,000 jobs were added and hiring in the two prior months was revised up, the government said on Friday, leading financial markets to slash bets on interest-rate cuts.
Published 04 Nov, 2006 12:00am
US unemployment rate drops to 5-1/2-year low

US unemployment rate drops to 5-1/2-year low

The US unemployment rate dropped to a 5-1/2 year low in October as 92,000 jobs were added and hiring in the two prior months was revised up, the government said on Friday, leading financial markets to slash bets on interest-rate cuts.
Published 04 Nov, 2006 12:00am
US unemployment rate drops to 5-1/2-year low

US unemployment rate drops to 5-1/2-year low

The US unemployment rate dropped to a 5-1/2 year low in October as 92,000 jobs were added and hiring in the two prior months was revised up, the government said on Friday, leading financial markets to slash bets on interest-rate cuts.
Published 04 Nov, 2006 12:00am
Apple adds to iPod line with second red nano

Apple adds to iPod line with second red nano

Apple Computer Inc said on Friday that it's adding a red 8-gigabyte version of its tiny iPod nano to its popular line of digital music players, offering to donate money to charity for every player it sells.
Published 04 Nov, 2006 12:00am
FedEx announces 3.5 percent rate hike

FedEx announces 3.5 percent rate hike

FedEx Corp said on Friday it will increase rates for express delivery unit FedEx Express by 3.5 percent, effective January 1, 2007. FedEx shares rose more than 1 percent in early trade.
Published 04 Nov, 2006 12:00am
Two Palestinian women shot dead

Two Palestinian women shot dead

Israeli troops shot dead two women acting as human shields between soldiers and gunmen holed up in a mosque and killed a dozen other Palestinians on Friday, witnesses said.
Published 04 Nov, 2006 12:00am
Allianz third quarter boosted by calm hurricane season

Allianz third quarter boosted by calm hurricane season

A calm hurricane season helped German insurer Allianz more than double net profit in the third quarter, prompting it to raise its full-year targets for the second time in just three months.
Published 04 Nov, 2006 12:00am
Two Palestinian women shot dead

Two Palestinian women shot dead

Israeli troops shot dead two women acting as human shields between soldiers and gunmen holed up in a mosque and killed a dozen other Palestinians on Friday, witnesses said.
Published 04 Nov, 2006 12:00am
Allianz third quarter boosted by calm hurricane season

Allianz third quarter boosted by calm hurricane season

A calm hurricane season helped German insurer Allianz more than double net profit in the third quarter, prompting it to raise its full-year targets for the second time in just three months.
Published 04 Nov, 2006 12:00am
South Korea Nonghyup Feed seeks max 220,000 tonnes corn

South Korea Nonghyup Feed seeks max 220,000 tonnes corn

South Korea's Nonghyup Feed Inc has issued a tender to buy up to 220,000 tonnes of optional-origin corn for March through June arrivals, traders said on Friday. This is the first time that a South Korean feed maker is seeking to cover grain for April-June
Published 04 Nov, 2006 12:00am
Tanzania coffee prices firm

Tanzania coffee prices firm

Tanzania's coffee prices mostly firmed at this week's auction, boosted by increased demand for various bean grades as the quantity on offer fell, traders said on Friday.
Published 04 Nov, 2006 12:00am
BRIndex30 takes 365.93-point jump

BRIndex30 takes 365.93-point jump

On Friday, after four consecutive days of downward trend, the BRIndex30 exhibited a positive trend, remaining for the entire trading time in the positive. It opened with a jump gap of 342 points and closed at 11,982.40 with a gain of 365.93 points, or 3.1
Published 04 Nov, 2006 12:00am
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