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Print - 2007-06-04
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (May 28 to June 02, 2007).

Published 04 Jun, 2007 12:00am
The Weather

The Weather

The weather report on Sunday (June 03, 2007) and the forecast for Monday (June 04, 2007).
Published 04 Jun, 2007 12:00am
KKI weekly market review

KKI weekly market review

Khanani & Kalia International (Pvt) Limited Weekly Market Review on Sunday (June 03, 2007).
Published 04 Jun, 2007 12:00am
New Zealand out to turn the screw

New Zealand out to turn the screw

Emirates Team New Zealand took to the waters off Valencia on Sunday aiming to take a stranglehold on the Louis Vuitton Cup final. After two days of perfect racing conditions the Kiwis are sitting pretty after wins in the first two legs of this best of nin
Published 04 Jun, 2007 12:00am
England unchanged for third Test against West Indies

England unchanged for third Test against West Indies

England named an unchanged squad Sunday for the third Test against West Indies as they aim to win the series at Old Trafford. The hosts had few options but to retain the same XI that triumphed by an innings and 283 runs at Headingley, West Indies' largest
Published 04 Jun, 2007 12:00am
Federer and Robredo into French Open last eight

Federer and Robredo into French Open last eight

Roger Federer moved a step closer to an elusive French Open title with a 7-6 (7/3), 6-4, 6-4 victory over battling Russian Mikhail Youzhny on Sunday. But it was a far from vintage Federer on display on Court Philippe Chatrier as the world number one conti
Published 04 Jun, 2007 12:00am
Danish papers slam fan, security measures

Danish papers slam fan, security measures

Danish and Swedish newspapers were uncompromising over Saturday's Euro 2008 qualifier, lashing out at the fan who attacked referee Herbert Fandel and at security arrangements at Parken stadium.
Published 04 Jun, 2007 12:00am
Japan's women beat South Korea in Olympic qualifier

Japan's women beat South Korea in Olympic qualifier

Japan took a big step towards the Beijing Olympics by overpowering South Korea 6-1 in the women's football Asian final qualifying round on Sunday. The Japanese women overwhelmed the visitors with quicker and more accurate passes from the outset, keeping t
Published 04 Jun, 2007 12:00am
Werder Bremen perform u-turn on Klose

Werder Bremen perform u-turn on Klose

Werder Bremen admitted in the German press on Sunday they are ready to discuss a multi-million euro transfer with Bundesliga giants Bayern Munich for German international striker Miroslav Klose.
Published 04 Jun, 2007 12:00am
12 killed in stampede after Zambia soccer match

12 killed in stampede after Zambia soccer match

A stampede killed 12 soccer fans and injured more than 40 in northern Zambia as supporters left the stadium after Zambia beat Congo Brazzaville in a key match late on Saturday, police said on Sunday.
Published 04 Jun, 2007 12:00am
Serena sets stage for Paris showdown with Henin

Serena sets stage for Paris showdown with Henin

Serena Williams sounded an ominous warning to her French Open rivals on Sunday by racing into the last eight with a blistering 6-2, 6-3 win over Russia's Dinara Safina.
Published 04 Jun, 2007 12:00am
Singapore beat Indonesia 1-0

Singapore beat Indonesia 1-0

Singapore beat an aggressive but uncoordinated Indonesian side 1-0 in an Asia 2007 friendly here Sunday despite playing with only 10 men for much of the match. The hosts played aggressively from the start but a lack of co-ordination meant their efforts we
Published 04 Jun, 2007 12:00am
'Doctor' Rossi rules again in Italy

'Doctor' Rossi rules again in Italy

Italian superstar Valentino Rossi won the Italian MotoGP here on Sunday to maintain his 100 percent record in his home race but only his first win since the second race of the campaign. The Yamaha rider, winning here for the sixth time, beat home Spain's
Published 04 Jun, 2007 12:00am
Whatmore favourite for India coaching job

Whatmore favourite for India coaching job

Australian Dav Whatmore has emerged as the favourite to edge out domestic candidates when an Indian board committee meets to choose a new national coach on Monday. "I hope we will finalise it tomorrow," Indian cricket board secretary Niranjan Shah told Re
Published 04 Jun, 2007 12:00am
Animals with attitude make evolutionary sense

Animals with attitude make evolutionary sense

Why does one sparrow boldly grab crumbs from an outstretched hand while another hops about nervously at a safe distance, afraid to collect a free meal?
Published 04 Jun, 2007 12:00am
Apple juice 'may prevent asthma'

Apple juice 'may prevent asthma'

Apples appear to be good for the lungs Children who drink plenty of apple juice may be less likely to develop asthma symptoms, say scientists. The National Heart and Lung Institute research, published in the European Respiratory Journal, is the latest stu
Published 04 Jun, 2007 12:00am
Strong initiatives underway to fight against tuberculosis

Strong initiatives underway to fight against tuberculosis

Tuberculosis, the most dreaded communicable lungs-infection disease of yester years that has claimed hundreds of lives since inception of the country is now under control with strong initiatives by the Ministry of Health and the World Health Organisation
Published 04 Jun, 2007 12:00am
Skimmed milk may one day come straight from cow

Skimmed milk may one day come straight from cow

Skimmed milk may one day come straight from the udder with New Zealand scientists working to develop a dairy herd that naturally produces low-fat milk, reports said on May 28.
Published 04 Jun, 2007 12:00am
Crows on verge of extinction in Dera Ismail Khan

Crows on verge of extinction in Dera Ismail Khan

A great number of crows had been killed in Lang Khair Shah area, some 30km from here during the current month due to unknown reasons. Speculations were that this large-scale killing might have been the result of pesticides used by the hunters while they g
Published 04 Jun, 2007 12:00am
Finger length may foretell academic potential

Finger length may foretell academic potential

The length of children's fingers may hint at their natural abilities in math and language, a new study suggests. In a study of 75 children between the ages of 6 and 7 years old, researchers found that finger length correlated with how well the children pe
Published 04 Jun, 2007 12:00am
HEALTH UPDATE: obesity bad for bones

HEALTH UPDATE: obesity bad for bones

New research does not support the general belief that obesity increases bone mass and is therefore good for bone health. A study, in which investigators corrected for the mechanical loading effect of increasing body weight, suggests the opposite.
Published 04 Jun, 2007 12:00am
HEALTH UPDATE: pesticides increase risk of Parkinson's disease

HEALTH UPDATE: pesticides increase risk of Parkinson's disease

Exposure to pesticides, even in small amounts, can lead to an increase in Parkinson's disease, according to a scientific study published on May 30. Research on nearly 1000 Parkinson's sufferers in five countries - one of the largest such studies to date -
Published 04 Jun, 2007 12:00am
HEALTH UPDATE: vegetables and fruits can relieve constipation

HEALTH UPDATE: vegetables and fruits can relieve constipation

About 80 percent of people suffer from constipation at some time during their life, and brief periods of constipation are normal. The assumption that everyone should have a bowel movement at least once each day has led to overuse and abuse of laxatives, s
Published 04 Jun, 2007 12:00am
HEALTH UPDATE: cosmetics may cause dangerous side effects

HEALTH UPDATE: cosmetics may cause dangerous side effects

Application of large amounts of skin-numbing lotions, creams and gels that are widely used in cosmetic and medical procedures can cause dangerous side effects such as irregular heart rhythm and seizures.
Published 04 Jun, 2007 12:00am
US Internet 'Spam King' held

US Internet 'Spam King' held

US prosecutors said they captured on May 30 a nefarious Internet marketer responsible so much junk e-mail they called him "Spam King." Robert Soloway, 27, was arrested in Seattle, Washington, a week after being indicted by a federal grand jury on charges
Published 04 Jun, 2007 12:00am
Microsoft unveils table computer

Microsoft unveils table computer

Microsoft on May 30 trumpeted an unorthodox coffee-table computer design that it predicts will become a multibillion dollar portion of the hardware market.
Published 04 Jun, 2007 12:00am
Move to create less clumsy robots

Move to create less clumsy robots

The race to create more human-like robots stepped up a gear this week as scientists in Spain set about building an artificial cerebellum. The end game of the two-year project is to implant the man-made cerebellum in a robot to make movements and interacti
Published 04 Jun, 2007 12:00am
Microsoft adds copyrighted books online

Microsoft adds copyrighted books online

Microsoft, on June 1, added copyrighted books to its online library, saying it has permission to offer the works to searchers on the Internet.
Published 04 Jun, 2007 12:00am
France Telecom eyes Indian GTL's IT unit: paper

France Telecom eyes Indian GTL's IT unit: paper

France Telecom is close to acquiring Indian network services provider GTL Ltd's IT business for about 2.5-3 billion rupees ($62-74 million), a newspaper reported on Saturday.
Published 04 Jun, 2007 12:00am
China launches satellite to take TV signals

China launches satellite to take TV signals

China launched a telecommunications satellite on June 1 that aims to bring television signals to every home in the nation, on the 100th flight of the home-grown Long March rocket series, state press said.
Published 04 Jun, 2007 12:00am
Indian venture plans to invest $12 billion

Indian venture plans to invest $12 billion

A joint venture of Dubai's Emaar Properties and India's MGF Developments Ltd plans to invest in India more than $12 billion over the next four to five years, a newspaper reported on Saturday.
Published 04 Jun, 2007 12:00am
Cheap laptops project draws big competition

Cheap laptops project draws big competition

A program to provide millions of low-cost laptops to students in poor countries is set to start production in September even as commercial competitors prepare to offer even cheaper models.
Published 04 Jun, 2007 12:00am
MTC says interested in Qatar's second cell licence

MTC says interested in Qatar's second cell licence

Kuwait's Mobile Telecommunications Co (MTC) said on Saturday it was interested in bidding for Qatar's second mobile phone licence. "Yes, it's true. We are investigating.
Published 04 Jun, 2007 12:00am
Japanese mobile users to get advance quake warnings

Japanese mobile users to get advance quake warnings

Japanese mobile telephone users may soon be warned of an earthquake in their area before it even strikes. Japan's two biggest operators, NTT DoCoMo and KDDI, said on May 30 they are jointly developing a system to notify customers of an imminent earthquake
Published 04 Jun, 2007 12:00am
Street-level panoramas on Google maps

Street-level panoramas on Google maps

Google and Microsoft are battling anew for online travellers with rival Internet mapping services that provide vivid real-world views of major United States cities.
Published 04 Jun, 2007 12:00am
Cyber-porn crackdown successful in China

Cyber-porn crackdown successful in China

A one-month Chinese assault on online pornography has shut down nearly 5,000 websites, resulted in more than 270 arrests and recovered over 160,000 "harmful" materials, state media reported.
Published 04 Jun, 2007 12:00am
Online worship popular among South Koreans

Online worship popular among South Koreans

Online worship is thriving among South Koreans who are too busy to attend churches or temples, or who simply want to browse their preferred sermon, a news report said on May 28.
Published 04 Jun, 2007 12:00am
Google buys photo-sharing website

Google buys photo-sharing website

Google said on May 31 that it is buying a Spanish photo-sharing website that lets people pin pictures to the Internet search firm's online maps to show where they were taken.
Published 04 Jun, 2007 12:00am
Canadian aboriginals want cash for cellphone signals

Canadian aboriginals want cash for cellphone signals

Aboriginals in western Canada are seeking compensation from a local telephone carrier for every cellphone signal that crosses their lands. The Assembly of Manitoba Chiefs determined at a recent economic development summit to negotiate revenue sharing with
Published 04 Jun, 2007 12:00am
In Short: integrated telecom plan evolved for Northern Areas

In Short: integrated telecom plan evolved for Northern Areas

An integrated plan has been formulated by the Special Communications Organisation (SCO) to extend modern and quick means of telecommunications to the people across Northern Areas (NAs), a spokesman said on May 29.
Published 04 Jun, 2007 12:00am
Dubai fund considers counter bid for OMX market

Dubai fund considers counter bid for OMX market

An investment fund owned by the state of Dubai might make a counter bid for the Scandinavian stock market OMX which has agreed to be bought by the US stock exchange Nasdaq, a newspaper report said on May 28.
Published 04 Jun, 2007 12:00am
Dubai fund considers counter bid for OMX market

Dubai fund considers counter bid for OMX market

An investment fund owned by the state of Dubai might make a counter bid for the Scandinavian stock market OMX which has agreed to be bought by the US stock exchange Nasdaq, a newspaper report said on May 28.
Published 04 Jun, 2007 12:00am
NEC employees faked orders, took kickbacks

NEC employees faked orders, took kickbacks

Japan's NEC Corp admitted on May 29 that some of its employees had engaged in bogus deals worth 2.2 billion yen (18 million dollars) and received kickbacks from subcontractors.
Published 04 Jun, 2007 12:00am
British Energy sees interest in new nuclear plants

British Energy sees interest in new nuclear plants

British Energy said on May 30 it was talking to a broad range of potential partners to help build new nuclear power stations, as it met forecasts with a 44 percent rise in underlying annual earnings.
Published 04 Jun, 2007 12:00am
Sanyo cuts losses, forecasts return to profit

Sanyo cuts losses, forecasts return to profit

Japan's Sanyo Electric Co said on May 28 its net losses shrank by almost 78 percent in the year to March, helped by cost cuts, and forecast a return to profit this year.
Published 04 Jun, 2007 12:00am
Sanyo cuts losses, forecasts return to profit

Sanyo cuts losses, forecasts return to profit

Japan's Sanyo Electric Co said on May 28 its net losses shrank by almost 78 percent in the year to March, helped by cost cuts, and forecast a return to profit this year.
Published 04 Jun, 2007 12:00am
Airbus warms up to Japan suppliers for A350

Airbus warms up to Japan suppliers for A350

European planemaker Airbus is eager to work with more Japanese suppliers as it pushes ahead with plans to outsource half of the future A350 jet, the managing director of its UK unit said on May 30.
Published 04 Jun, 2007 12:00am
SEC's Atkins cautious on hedge fund regulation

SEC's Atkins cautious on hedge fund regulation

Authorities should only step in to regulate hedge funds if a market failure occurred that lead to a threat to the wider financial system and there is no sign of that happening, US Securities and Exchange Commission (SEC) Commissioner Paul Atkins said on M
Published 04 Jun, 2007 12:00am
SEC's Atkins cautious on hedge fund regulation

SEC's Atkins cautious on hedge fund regulation

Authorities should only step in to regulate hedge funds if a market failure occurred that lead to a threat to the wider financial system and there is no sign of that happening, US Securities and Exchange Commission (SEC) Commissioner Paul Atkins said on M
Published 04 Jun, 2007 12:00am
Tokyo Exchange dreams of becoming a Big 3 bourse

Tokyo Exchange dreams of becoming a Big 3 bourse

The Tokyo Stock Exchange's next president wants to turn the bourse into one of the world's top three exchanges by 2010 by adding new financial products to draw more investors.
Published 04 Jun, 2007 12:00am
Ford US sales drop 6.8 percent in May

Ford US sales drop 6.8 percent in May

Ford Motor Company's US sales fell 6.8 percent in May to 259,470 vehicles amid a sharp drop in passenger car sales, the automaker said on June 01.
Published 04 Jun, 2007 12:00am
Apple sells music without piracy protection

Apple sells music without piracy protection

Apple on May 30 began selling music free of anti-copying software at its iTunes online store, stripping away copyright protection lambasted by the company's iconic chief executive. Apple launched iTunes Plus with a menu of EMI Group music including songs
Published 04 Jun, 2007 12:00am
Economists calm for now about China stocks drop

Economists calm for now about China stocks drop

Call them complacent, but most analysts are confident that a big correction in Chinese stocks would have a modest impact on the world's fourth-largest economy and its banking system.
Published 04 Jun, 2007 12:00am
Curbs on Ayesha's book launching slammed

Curbs on Ayesha's book launching slammed

Senator Professor Khurshid Ahmad has condemned government's effort to disallow the launching ceremony of Dr Ayesha Siddiaqa's Book "Military Inc: Inside Pakistan's Military Economy" at Islamabad Club and other hotels in Islamabad.
Published 04 Jun, 2007 12:00am
Weather conditions important for determining size of cotton crop

Weather conditions important for determining size of cotton crop

Cotton sowing operation has been geared up to reach completion stage around middle of this month. However, in early sowing areas of Lower Sindh and Central Punjab, plants have attained enough height and flowers may start setting in a week's time.
Published 04 Jun, 2007 12:00am
Weather conditions important for determining size of cotton crop

Weather conditions important for determining size of cotton crop

Cotton sowing operation has been geared up to reach completion stage around middle of this month. However, in early sowing areas of Lower Sindh and Central Punjab, plants have attained enough height and flowers may start setting in a week's time.
Published 04 Jun, 2007 12:00am
Sindh reserve force backbone of police: DIG

Sindh reserve force backbone of police: DIG

DIG Sindh and commander of reserve police Ghulam Asgar Sheikh has said that discussing with Inspector General (IG) police recently he stressed on giving more facilities and rewards for the Sindh reserved police to recognise their abilities and performance
Published 04 Jun, 2007 12:00am
Hot and humid weather forecast

Hot and humid weather forecast

The Meteorological office has forecast hot and humid weather with maximum temperature of 35 to 37 degrees centigrade for Karachi on Monday. Very hot and dry weather would prevail over rest of Sindh region.
Published 04 Jun, 2007 12:00am
Seminar on English language at AKU from June 9

Seminar on English language at AKU from June 9

Aga Khan University (AKU) will host a two-day seminar on 'English and Empowerment to the Developing World' on June 9 and 10, 2007. Dr Atta-ur-Rahman, Advisor to the Prime Minister on Science and Technology and Chairman Higher Education Commission, will be
Published 04 Jun, 2007 12:00am
PPP demands fair polls under caretaker set-up

PPP demands fair polls under caretaker set-up

Pakistan Peoples Party (PPP) has demanded free and fair elections in the country, under a neutral caretaker set up, independent election commission, monitoring by international observers, and transfer of power to the majority party.
Published 04 Jun, 2007 12:00am
Riaz appointed director sales Grand Mercure

Riaz appointed director sales Grand Mercure

Grand Mercure Karachi Airport Hotel has appointed Akhtar Riaz as Director Sales, says a press release issued here on Sunday. He has previously worked for the Hashoo Group of Hotels as Corporate Sales Manager for the Pearl Continental Hotel Lahore.
Published 04 Jun, 2007 12:00am
Public input needed in budget making?

Public input needed in budget making?

Large bill boards have been placed near the Parliament and advertisements have also appeared in newspapers inviting public input for the next year's budget days from now. Some see it as a campaign to induce people to create an impression that public opini
Published 04 Jun, 2007 12:00am
Germany fights lonely battle on hedge funds

Germany fights lonely battle on hedge funds

The upcoming Group of Eight summit in Heiligendamm looks set to bring a humiliating blow for host country, Germany, which is fighting an increasingly lonely battle for regulation of the trillion-dollar hedge fund industry.
Published 04 Jun, 2007 12:00am
Germany fights lonely battle on hedge funds

Germany fights lonely battle on hedge funds

The upcoming Group of Eight summit in Heiligendamm looks set to bring a humiliating blow for host country, Germany, which is fighting an increasingly lonely battle for regulation of the trillion-dollar hedge fund industry.
Published 04 Jun, 2007 12:00am
Glaxo's Tykerb helps breast cancer patients

Glaxo's Tykerb helps breast cancer patients

GlaxoSmithKline's new breast cancer pill Tykerb might help prevent the growth of tumours in some people with a hard-to-treat form of the disease, US researchers reported on Sunday.
Published 04 Jun, 2007 12:00am
Globalisation and immigrants restrain wages: ECB

Globalisation and immigrants restrain wages: ECB

Globalisation and immigration have helped restrain wages and boost labour market flexibility, but the European Central Bank cannot be complacent on inflation, Governing Council member Miguel Angel Fernandez Ordonez said on Sunday.
Published 04 Jun, 2007 12:00am
India's trade deficit nearly doubles on oil costs

India's trade deficit nearly doubles on oil costs

India's trade deficit nearly doubled in April, the first month of the financial year, from a year ago as costs for imported oil jumped, the government said in a statement Sunday.
Published 04 Jun, 2007 12:00am
G8 leaders' summit to emit 30,000 tons C02: study

G8 leaders' summit to emit 30,000 tons C02: study

The upcoming Group of Eight summit in Germany, where leaders will negotiate ways to tackle climate change, will produce 30,000 tons of carbon dioxide emissions, a study published on Sunday showed.
Published 04 Jun, 2007 12:00am
Australia to launch carbon trading by 2012

Australia to launch carbon trading by 2012

Australian Prime Minister John Howard pledged on Sunday to establish a national carbon trading scheme by 2012 to cut the country's greenhouse gas emissions, calling it the most momentous economic challenge of our time.
Published 04 Jun, 2007 12:00am
Israel cabinet to vote on 2008 budget draft in July

Israel cabinet to vote on 2008 budget draft in July

Israel's cabinet is expected to vote on the 2008 state budget draft next month, the Finance Ministry said on Sunday. A ministry spokeswoman said no other details were available since the budget was still being formulated. A source in the ministry said the
Published 04 Jun, 2007 12:00am
Qatar Airways sees profit by 2010

Qatar Airways sees profit by 2010

State-owned Qatar Airways expects to make its first profit by 2010 and could sell shares to local and foreign investors three years after that, the company's chief executive said on Sunday.
Published 04 Jun, 2007 12:00am
US economy shows signs of vigour

US economy shows signs of vigour

The latest economic data point to an acceleration in the US economy after the weakest growth in over four years, but some analysts say a full recovery is not yet in sight.
Published 04 Jun, 2007 12:00am
Nations debate measures regulating wildlife trade

Nations debate measures regulating wildlife trade

Representatives from 171 nations monitored by a small army of conservationists and wildlife advocates began debating dozens of measures Sunday, some highly contested, regulating the global trade in wildlife.
Published 04 Jun, 2007 12:00am
Zones for Iraqi industry to support US military

Zones for Iraqi industry to support US military

After years using outside contractors to tend to the needs of its Iraq bases, the US military is now building zones outside its army posts so Iraqi businesses can actually benefit from their presence.
Published 04 Jun, 2007 12:00am
Lula da Silva arrives in India to boost trade ties

Lula da Silva arrives in India to boost trade ties

Brazilian President Luiz Inacio Lula da Silva arrived in India Sunday with a large business delegation to forge closer "strategic" and trade ties between the emerging economic powerhouses.
Published 04 Jun, 2007 12:00am
Lacoste wins Chinese lawsuit

Lacoste wins Chinese lawsuit

A Beijing court has ordered three Chinese companies to pay French clothing giant Lacoste a total of 760,000 yuan (99,000 dollars) in damages for trademark infringement, stat media said on Sunday.
Published 04 Jun, 2007 12:00am
Tokyo shares may face profit taking

Tokyo shares may face profit taking

Japanese share prices may take a breather next week as investors pocket profits after the recent rise to three-month highs, with economic indicators likely to be the main focus, dealers said Friday.
Published 04 Jun, 2007 12:00am
Thai shares seen falling on profit-taking

Thai shares seen falling on profit-taking

Thai share prices are likely to fall next week on profit-taking after hitting a one-year high as investors welcomed a ruling banning ousted premier Thaksin Shinawatra from politics, dealers said on Friday.
Published 04 Jun, 2007 12:00am
JGBs slump as BoJ worries bite, Treasuries slide

JGBs slump as BoJ worries bite, Treasuries slide

Japanese government bonds slumped on Friday on lingering concerns about a Bank of Japan rate increase as early as in August, with sentiment also hurt by sliding US Treasuries and rising Tokyo shares.
Published 04 Jun, 2007 12:00am
JGBs slump as BoJ worries bite, Treasuries slide

JGBs slump as BoJ worries bite, Treasuries slide

Japanese government bonds slumped on Friday on lingering concerns about a Bank of Japan rate increase as early as in August, with sentiment also hurt by sliding US Treasuries and rising Tokyo shares.
Published 04 Jun, 2007 12:00am
Bangladesh interbank rates

Bangladesh interbank rates

Bangladesh interbank buy/sell rates for the taka against the dollar on Sunday. 69.00/69.02 (previous 69.00/69.03).
Published 04 Jun, 2007 12:00am
Malaysian shares likely to trade lower

Malaysian shares likely to trade lower

Malaysian share prices are expected to trade lower in the coming week as it undergoes a consolidation phase, analysts said. "Share prices are poised to undergo further correction" due to a lack of "stimulating leads," said Danny Oh, senior analyst at Merc
Published 04 Jun, 2007 12:00am
Singapore shares expected to trade firmer

Singapore shares expected to trade firmer

Singapore share prices are expected to trade firmer in the week ahead as traders remain upbeat over China despite measures by Beijing to cool its market by raising taxes on stock transactions, dealers said.
Published 04 Jun, 2007 12:00am
Seoul bonds extend gains economic data ignored

Seoul bonds extend gains economic data ignored

South Korean government bonds extended gains on Friday, as investors ignored healthy growth in May exports and a slowdown in consumer inflation, making last minute purchases after the stock market eased from a record high.
Published 04 Jun, 2007 12:00am
Seoul bonds extend gains economic data ignored

Seoul bonds extend gains economic data ignored

South Korean government bonds extended gains on Friday, as investors ignored healthy growth in May exports and a slowdown in consumer inflation, making last minute purchases after the stock market eased from a record high.
Published 04 Jun, 2007 12:00am