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Print - 2008-09-01
The Weather

The Weather

The weather report on Sunday (August 31, 2008) and the forecast for Monday (September 01, 2008).

Published 01 Sep, 2008 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (August 25 to August 30, 2008).

Published 01 Sep, 2008 12:00am
KKI weekly market review

KKI weekly market review

Khanani & Kalia International (Pvt) Limited Weekly Market Review on Sunday (August 31, 2008).
Published 01 Sep, 2008 12:00am
Moldova rebel region recognises South Ossetia and Abkhazia

Moldova rebel region recognises South Ossetia and Abkhazia

Moldova's breakaway region of Transdniestria followed Russia's lead on Sunday by recognising Georgia's breakaway Abkhazia and South Ossetia as independent states. But the move is unlikely to ease Russia's diplomatic isolation: Transdniestria itself is not
Published 01 Sep, 2008 12:00am
South Korean Buddhists hold anti-government protest services

South Korean Buddhists hold anti-government protest services

Buddhists across South Korea on Sunday held protest services against what they say is religious discrimination by the government of Christian President Lee Myung-Bak. Worshippers gathered at some 10,000 temples across the nation to voice anger over what t
Published 01 Sep, 2008 12:00am
Maldives environment minister resigns

Maldives environment minister resigns

The environment minister of the Maldives quit on Sunday, becoming the 12th cabinet member to resign this year ahead of historic elections due in the Indian Ocean archipelago nation. Environment Minister Ahmed Abdullah, the longest-serving cabinet member i
Published 01 Sep, 2008 12:00am
Freeze on Suharto son's funds extended: prosecutor

Freeze on Suharto son's funds extended: prosecutor

A court in Guernsey has approved the Indonesian government's request to extend a freeze on funds belonging to former President Suharto's youngest son, a prosecutor said on Sunday.
Published 01 Sep, 2008 12:00am
German coalition at risk from Left link: CDU leaders

German coalition at risk from Left link: CDU leaders

Two German conservative leaders warned on Sunday that Chancellor Angela Merkel's grand coalition could collapse if the Social Democrats formed a controversial alliance with the Left party in the western state of Hesse.
Published 01 Sep, 2008 12:00am
Explosion in China kills 15

Explosion in China kills 15

Fifteen people were killed and six injured when a blast rocked a fireworks factory in northern China, state press reported Sunday. The explosion occurred on Saturday morning in Inner Mongolia's Sijiazi township, destroying 50 workshops at the Xinxin Firew
Published 01 Sep, 2008 12:00am
Illegal immigration needs political solution: pope

Illegal immigration needs political solution: pope

Pope Benedict called on Sunday for an effective political solution to deal with the human problems of illegal immigration from Africa to Europe. The pope, speaking to pilgrims and tourists at his summer residence south of Rome, said the hopes of illegal m
Published 01 Sep, 2008 12:00am
Thai crisis on hold as parliament debates protests

Thai crisis on hold as parliament debates protests

More than 1,000 government supporters rallied outside Thailand's parliament on Sunday as lawmakers debated a street campaign threatening to topple Prime Minister Samak Sundaravej.
Published 01 Sep, 2008 12:00am
Curator hides Stalin mementoes from Russian bombs

Curator hides Stalin mementoes from Russian bombs

When Russian bombs began falling on Gori, Robert Maglakelidze took a desperate decision: he loaded his car with a precious consignment and fled along the dangerous road to Tbilisi. Stowed inside were the personal effects of Soviet dictator Josef Stalin: h
Published 01 Sep, 2008 12:00am
British 'diplomat' urged Nazi peace deal: archives

British 'diplomat' urged Nazi peace deal: archives

An amateur British "diplomat" tried to strike a peace deal with Germany just months after World War Two began, proposing the Nazis be given a free hand in Europe if they agreed to leave Britain's colonial empire untouched.
Published 01 Sep, 2008 12:00am
Skills-based therapy may curb eating disorders

Skills-based therapy may curb eating disorders

Women who suffer from bulimia or binge-eating disorder and who have borderline personality may be helped with "dialectical behaviour therapy," results of a pilot study suggest.
Published 01 Sep, 2008 12:00am
Rising uric acid levels tied to migraine drug

Rising uric acid levels tied to migraine drug

In migraine patients, treatment with the drug topiramate (sold as Topamax) may result in increasing blood levels of uric acid, a study shows. Some research has linked high uric acid levels in the body to a higher risk of cardiovascular trouble.
Published 01 Sep, 2008 12:00am
Almost half of Australia untouched by humans

Almost half of Australia untouched by humans

More than 40 percent of Australia, an area the size of India, remains untouched by humans, making the country as critical to the world's environment as the Amazon rainforests, a study said on August 27.
Published 01 Sep, 2008 12:00am
Cholesterol extremes predict outcome in diabetes

Cholesterol extremes predict outcome in diabetes

In a study of Chinese patients with type 2 diabetes, very low levels of LDL-cholesterol (the "bad" type), as well as very high levels, were associated with an increased risk of mortality and cancer, investigators report in the Canadian Medical Association
Published 01 Sep, 2008 12:00am
Acupuncture may ease chronic headaches

Acupuncture may ease chronic headaches

Acupuncture may bring some added pain relief to people with chronic headaches, a new study suggests. The study, the largest to date on using acupuncture to ease headaches, adds to a conflicting body of evidence: Some research has suggested that adding acu
Published 01 Sep, 2008 12:00am
HIV treatment may provoke asthma in kids

HIV treatment may provoke asthma in kids

Treatment with a combination of anti-HIV drugs, known as highly active antiretroviral therapy (HAART), can improve the immune systems of infected patients, but new research indicates that in young children this effect may increase the risk of asthma.
Published 01 Sep, 2008 12:00am
Burning incense linked to respiratory cancers

Burning incense linked to respiratory cancers

Burning incense may create a sweet scent, but regularly inhaling the smoke could put people at risk of cancers of the respiratory tract, researchers reported on August 25.
Published 01 Sep, 2008 12:00am
Canada to map Arctic's vast resources

Canada to map Arctic's vast resources

Canada's Prime Minister Stephen Harper announced on August 26 an ambitious plan to discover and tap mineral, oil and gas riches believed to be hidden beneath the cool Arctic. "We know from over a century of northern resource exploration that there is gas
Published 01 Sep, 2008 12:00am
Ghana climate talks advance on saving forests

Ghana climate talks advance on saving forests

The world has made progress on ways to save tropical forests and other elements of a planned UN pact to slow global warming, the UN's top climate official said as 160-nation talks in Ghana ended on August 27.
Published 01 Sep, 2008 12:00am
UK watchdog seeks mobile telecoms deregulation

UK watchdog seeks mobile telecoms deregulation

Britain's mobile telephony market needs less regulation and more competition, UK telcoms industry watchdog Ofcom said on Thursday, launching a consultation with industry players and consumers on the 15 billion pound (28 billion dollars) market.
Published 01 Sep, 2008 12:00am
SMS snoop? Beware the Consequences

SMS snoop? Beware the Consequences

Can't help checking your partner's text messages on the sly? You're not alone, with an Australian survey showing one in three mobile phone users are SMS snoops, and the consequences can often be heart breaking.
Published 01 Sep, 2008 12:00am
Web news aggregators rise despite papers woes

Web news aggregators rise despite papers woes

Local newspapers may be faced with hard times, but the ability to get news on a mobile device is flourishing, with several outlets providing context that helps explain particular stories' places in the larger universe of world
Published 01 Sep, 2008 12:00am
Internet help encourages physical activity

Internet help encourages physical activity

People who spend a lot of time browsing the Internet may want to check out some fitness-related Websites. Internet-based exercise programmes work as well as printed advice in getting sedentary adults to take up regular physical activity, Health news repor
Published 01 Sep, 2008 12:00am
Comcast to limit customers' broadband usage

Comcast to limit customers' broadband usage

Comcast Corp, the largest US cable operator, said on Thursday it will cap customers' Internet usage starting October 1, in a bid to ensure the best service for the vast majority of its subscribers.
Published 01 Sep, 2008 12:00am
Eyes turn to dawn of 'visual computing'

Eyes turn to dawn of 'visual computing'

Lifelike graphics are breaking free of elite computer games and spreading throughout society in what industry insiders proclaim is the dawning of a "visual computing era."
Published 01 Sep, 2008 12:00am
MySpace overtakes Yahoo in display ad views

MySpace overtakes Yahoo in display ad views

Yahoo Inc has lost its lead of the US market for online display advertising to MySpace and its parent company News Corp's Fox Interactive Media and MySpace, new industry data shows.
Published 01 Sep, 2008 12:00am
Microsoft buys site to boost e-shopping search

Microsoft buys site to boost e-shopping search

Hoping to boost its Internet power, Microsoft agreed to buy Greenfield Online Inc, the owner of European price comparison site Ciao GmbH, for about 486 million dollars, the company said in a statement on Friday.
Published 01 Sep, 2008 12:00am
Microsoft releases beta 2 of Internet Explorer 8

Microsoft releases beta 2 of Internet Explorer 8

Microsoft Corp released on Wednesday a second test version of Internet Explorer 8, delivering a feature-complete upgrade to the world's most widely used Web browser. The world's largest software maker said the latest version - beta 2 - of Internet Explore
Published 01 Sep, 2008 12:00am
Computer virus goes into orbit

Computer virus goes into orbit

NASA confirmed on Wednesday that a computer virus sneaked aboard the International Space Station only to be tossed into quarantine on July 25 by security software.
Published 01 Sep, 2008 12:00am
IBM's server market lead over HP grows: IDC

IBM's server market lead over HP grows: IDC

International Business Machines (IBM) widened its market share lead over rival Hewlett-Packard Co in world-wide server shipments in the second quarter, researcher IDC said on Wednesday.
Published 01 Sep, 2008 12:00am
World mobile phone sales growth slowing

World mobile phone sales growth slowing

Growth in world-wide sales of mobile telephones will slow sharply in 2008 as consumers face increased economic difficulties, a report by Gartner research institute showed on Wednesday. The US-based industry research unit predicted 11 percent growth in glo
Published 01 Sep, 2008 12:00am
Italians to get SMS guide to cheaper food

Italians to get SMS guide to cheaper food

Italian consumers struggling to make ends meet will get help from their mobile phones next month when the government starts sending text messages to tell them where to buy cheap food.
Published 01 Sep, 2008 12:00am
Morgan Stanley fund eyes China, India construction

Morgan Stanley fund eyes China, India construction

Morgan Stanley hopes to invest up to a quarter of its $4 billion global infrastructure fund in emerging economies such as China and India, a senior official at the US fund said. Gautam Bhandari, who on August 26 was named as head of Morgan Stanley Infrast
Published 01 Sep, 2008 12:00am
Morgan Stanley fund eyes China, India construction

Morgan Stanley fund eyes China, India construction

Morgan Stanley hopes to invest up to a quarter of its $4 billion global infrastructure fund in emerging economies such as China and India, a senior official at the US fund said. Gautam Bhandari, who on August 26 was named as head of Morgan Stanley Infrast
Published 01 Sep, 2008 12:00am
Malaysian firm eyes Gulf Islamic market

Malaysian firm eyes Gulf Islamic market

Malaysian mortgage firm Cagamas Bhd may help set up secondary Islamic mortgage companies in the Middle East and securitise loans from Gulf banks to tap rising demand for Islamic products in the region, its chief executive said.
Published 01 Sep, 2008 12:00am
StanChart brokerage arm eyes bonds

StanChart brokerage arm eyes bonds

The South Korean brokerage arm of Standard Chartered will focus on fixed-income and derivatives broking in its first years of business, betting that globalising bond markets will raise demand for Asian debt.
Published 01 Sep, 2008 12:00am
StanChart brokerage arm eyes bonds

StanChart brokerage arm eyes bonds

The South Korean brokerage arm of Standard Chartered will focus on fixed-income and derivatives broking in its first years of business, betting that globalising bond markets will raise demand for Asian debt.
Published 01 Sep, 2008 12:00am
Allianz sees India fund joint venture deal within weeks

Allianz sees India fund joint venture deal within weeks

Insurer Allianz SE expects to sign a deal within weeks to set up an asset management joint venture in India, becoming the latest global firm to target its promising but fiercely competitive fund market.
Published 01 Sep, 2008 12:00am
Allianz sees India fund joint venture deal within weeks

Allianz sees India fund joint venture deal within weeks

Insurer Allianz SE expects to sign a deal within weeks to set up an asset management joint venture in India, becoming the latest global firm to target its promising but fiercely competitive fund market.
Published 01 Sep, 2008 12:00am
French firms cautious but resilient amid gloom

French firms cautious but resilient amid gloom

Big and listed or small and private, companies at the French employers federation's annual get-together expect turbulence ahead but painted a less gloomy picture of the economy than dire headlines might suggest.
Published 01 Sep, 2008 12:00am
Valeo sees acquisition this year

Valeo sees acquisition this year

The head of French car parts maker Valeo predicted on August 28 it would make a further acquisition this year to bolster its technology. "If prices remain at current levels, which are quite low, it seems to me that we should make an acquisition," Chairman
Published 01 Sep, 2008 12:00am
Dutch firm NPM Capital may seek cheap buys

Dutch firm NPM Capital may seek cheap buys

Dutch private equity firm NPM Capital has not felt the effects of the economic slowdown yet and said if the current economic climate persists it may find cheap acquisitions next year, its managing director said.
Published 01 Sep, 2008 12:00am
Dutch firm NPM Capital may seek cheap buys

Dutch firm NPM Capital may seek cheap buys

Dutch private equity firm NPM Capital has not felt the effects of the economic slowdown yet and said if the current economic climate persists it may find cheap acquisitions next year, its managing director said.
Published 01 Sep, 2008 12:00am
Nissan wary of excess capacity in Russia car market

Nissan wary of excess capacity in Russia car market

Nissan Motor Co sees strong growth continuing in Russia over the next five years but is wary of getting stuck with a car surplus when growth inevitably declines, executive vice president Carlos Tavares told Reuters.
Published 01 Sep, 2008 12:00am
TCL hopes to double sales, warns on rivals

TCL hopes to double sales, warns on rivals

Chinese mobile phone-maker TCL Communication Technology Holdings aims to nearly double revenue by 2010 on robust emerging market demand, but warned of intensifying competition as the firm emerges from a three-year overhaul.
Published 01 Sep, 2008 12:00am
Beijing gold boosts Bayern's Sosa

Beijing gold boosts Bayern's Sosa

Bayern Munich's Argentinean midfielder Jose Ernesto Sosa insists the gold medal he won at the Beijing Olympic Games will inspire him to help put the German giants back on top of the Bundesliga. Schalke 04 went top of the German table on Saturday with a 1-
Published 01 Sep, 2008 12:00am
Nadal breezes while Nishikori leads US Open upset parade

Nadal breezes while Nishikori leads US Open upset parade

World number one Rafael Nadal of Spain rolled into the fourth round of the US Open while Japanese teen Kei Nishikori pulled off the biggest upset on a Saturday of shockers that saw three top men ousted.
Published 01 Sep, 2008 12:00am
Pakistan wants schools to tackle delinquent players

Pakistan wants schools to tackle delinquent players

Stung by controversies involving some of its top cricketers, Pakistan has launched an ambitious drive to educate young players and stamp out deviant behaviour. The Pakistan Cricket Board (PCB) wants to teach its future national team players how to handle
Published 01 Sep, 2008 12:00am
Australia's Symonds feels the heat

Australia's Symonds feels the heat

Star all-rounder Andrew Symonds felt the backlash Sunday after his latest disciplinary misdemeanour saw him dumped from the Australian squad for the current one-day series against Bangladesh.
Published 01 Sep, 2008 12:00am
Berbatov could stay admits Ramos

Berbatov could stay admits Ramos

Juande Ramos has admitted Dimitar Berbatov could still be a Tottenham player when the transfer window shuts on Monday. Ramos left Berbatov out of his squad for Sunday's draw at Chelsea because he remains convinced the Bulgaria striker is not in the right
Published 01 Sep, 2008 12:00am
Italy's Pozzato takes first golden jersey of Tour of Spain

Italy's Pozzato takes first golden jersey of Tour of Spain

Italian team Liquigas won the first stage of the Tour of Spain on Saturday, a time trial of 7.7 kilometres in the south-western city of Granada, that saw Filippo Pozzato take the first golden jersey of the race for the overall leader.
Published 01 Sep, 2008 12:00am
Adebayor backs revitalised Arsenal to make trophy charge

Adebayor backs revitalised Arsenal to make trophy charge

Emmanuel Adebayor believes Arsenal can make a serious challenge for silverware if they show the quality and spirit that swept aside Newcastle 3-0. Arsene Wenger's side made a spluttering start to the campaign but they followed last Wednesday's demolition
Published 01 Sep, 2008 12:00am
Federer and Djokovic seek spots in final 16 at US Open

Federer and Djokovic seek spots in final 16 at US Open

Four-time defending champion Roger Federer seeks a 30th consecutive US Open victory Sunday against Czech Radek Stepanek with Serbian third seed Novak Djokovic also looking for a spot in the last 16.
Published 01 Sep, 2008 12:00am
Newcastle move to keep Owen at club

Newcastle move to keep Owen at club

Newcastle United have offered am improved three-year contract to Michael Owen in a bid to keep the England striker at St James Park. There had been growing speculation that the 28-year-old former Liverpool and Real Madrid goal-scorer could leave Tyneside
Published 01 Sep, 2008 12:00am
Ronaldinho dazzles but Milan stunned by Bologna

Ronaldinho dazzles but Milan stunned by Bologna

Ronaldinho sparkled on his debut but could not prevent AC Milan slumping to a dismal 2-1 home defeat to Serie A newboys Bologna in their opener at the San Siro on Sunday. It was a poor start for scudetto hopefuls as Roma were held 1-1 at home to 10-man Na
Published 01 Sep, 2008 12:00am
Real Madrid lash out at Chelsea over Robinho

Real Madrid lash out at Chelsea over Robinho

Real Madrid lashed out Sunday at Chelsea over the English Premier League club's continued efforts to lure Brazilian striker Robinho away from the Spanish champions.
Published 01 Sep, 2008 12:00am
Inflation still top priority for Philippines: central bank

Inflation still top priority for Philippines: central bank

Inflation remains the Philippine central bank's top priority and monetary policy needs to be appropriately tight to ensure the pace of inflation will ease to within government targets, the central bank chief said on Sunday.
Published 01 Sep, 2008 12:00am
Cold season will push up oil price: Iran

Cold season will push up oil price: Iran

Iran's oil minister suggested on Sunday crude at $100 a barrel was the lowest appropriate level but said factors like the approaching cold season would push up demand and prices, an Oil Ministry website reported. Oil has fallen from a record level around
Published 01 Sep, 2008 12:00am
'G8 should temporarily exclude Russia'

'G8 should temporarily exclude Russia'

Russia should be temporarily excluded from G8 meetings because of its actions in Georgia, a conservative member of parliament and ally of Chancellor Angela Merkel said on Sunday.
Published 01 Sep, 2008 12:00am
'Kuwait inflation spurred by external factors'

'Kuwait inflation spurred by external factors'

Governor of the Central Bank of Kuwait Sheikh Salem Abdulaziz al-Sabah has said inflation in the oil-rich emirate, which has hit record levels, is mainly caused by external factors.
Published 01 Sep, 2008 12:00am
Taiwanese join Nike's global charity run

Taiwanese join Nike's global charity run

Taiwanese President Ma Ying-jeou led more than 20,000 people Sunday in a charity race billed by sponsor Nike as the world's biggest one-day running event, with races taking place in 25 cities world-wide. The Nike+ 10K Human Race was launched to raise mone
Published 01 Sep, 2008 12:00am
Dubai Bank eyes global status, sets up $5 billion MTN

Dubai Bank eyes global status, sets up $5 billion MTN

Dubai Bank plans to become a major global Islamic lender over the next five years through acquisitions and has set up a $5 billion financing programme to aid expansion, its chief financial officer said on Sunday.
Published 01 Sep, 2008 12:00am
Trade not aid the answer to poverty, economists say

Trade not aid the answer to poverty, economists say

As ministers from over 100 countries gather in Ghana to review how effective aid is in helping developing nations deal with poverty, many economists argue the answer is elsewhere - in freeing up trade.
Published 01 Sep, 2008 12:00am
'Egyptian economy grew 7.2 percent in 2007-08'

'Egyptian economy grew 7.2 percent in 2007-08'

The Egyptian economy grew 7.2 percent in the 2007/8 financial year which ended in June, Finance Minister Youssef Boutros-Ghali said on Sunday. The minister gave the number to Reuters in response to a query by text message. He gave no further details.
Published 01 Sep, 2008 12:00am
Greek finmin defends new taxes as economy slows

Greek finmin defends new taxes as economy slows

Greece's recently announced tax measures were necessary to keep the budget gap safely below the European Union's 3.0 percent limit, the Greek finance minister said in a newspaper interview published on Sunday.
Published 01 Sep, 2008 12:00am
Putin reminds EU of Russia's Pacific oil pipeline

Putin reminds EU of Russia's Pacific oil pipeline

Prime Minister Vladimir Putin said on Sunday that Russia's first oil pipeline to Asia must be completed without delay, underlining Russia's energy clout just hours before European Union leaders meet to discuss Georgia.
Published 01 Sep, 2008 12:00am
Dubai-based investors to set up biofuel plant

Dubai-based investors to set up biofuel plant

Dubai-based asset manager Daman Investments will take a majority stake in a venture to build the emirates' first plant to produce biodiesel from inedible oils, Daman Chief Executive Shehab Gargash said on Sunday.
Published 01 Sep, 2008 12:00am
Bangladesh eyes $1.4 billion farm loan to boost output

Bangladesh eyes $1.4 billion farm loan to boost output

Bangladesh's central bank has asked banks to lend up to 95 billion taka ($1.4 billion) in farm loans in the 2008/09 fiscal year, 14.5 percent higher than the previous year's level following sharp rises in global food prices.
Published 01 Sep, 2008 12:00am
Indians protests halt construction of cheap car plant

Indians protests halt construction of cheap car plant

Thousands of Indians staged loud protests Sunday outside a factory being built to produce the world's cheapest car, forcing a halt to construction work at the site, officials said. A team of Japanese experts helping Tata Motors with the production of the
Published 01 Sep, 2008 12:00am
Wall Street enters month of peril with outlook clouded

Wall Street enters month of peril with outlook clouded

Wall Street returns from vacation season to enter what is historically the most perilous period of the year amid conflicting signals about the US economic outlook. Trade over the past week was choppy as investors reacted to various data that pointed towar
Published 01 Sep, 2008 12:00am
Singapore shares expected to rebound

Singapore shares expected to rebound

Singapore stocks could rebound at the start of next week before moving in response to a string of data releases expected to give insight into the extent of a global economic slowdown, dealers said.
Published 01 Sep, 2008 12:00am
JGB 10-year yield hits four-month low

JGB 10-year yield hits four-month low

The benchmark Japanese government bond yield struck a four-month low on Friday as fund manager buying of long-term bonds at the end of the month boosted the broader market. Long-term bonds performed best as institutional investors pick up the issues to ma
Published 01 Sep, 2008 12:00am
JGB 10-year yield hits four-month low

JGB 10-year yield hits four-month low

The benchmark Japanese government bond yield struck a four-month low on Friday as fund manager buying of long-term bonds at the end of the month boosted the broader market. Long-term bonds performed best as institutional investors pick up the issues to ma
Published 01 Sep, 2008 12:00am
Asian currencies lower against dollar

Asian currencies lower against dollar

Asian currencies ended the week lower against the dollar as the greenback gained ground on the back of stronger than expected US economic data and hopes of US rate cuts.
Published 01 Sep, 2008 12:00am
Indian shares may move upwards if inflation eases further

Indian shares may move upwards if inflation eases further

Indian shares may edge upwards next week as worries about rising oil prices and inflationary pressures are expected to ease marginally, after a dip in India's inflation level this week, dealers said. On Thursday, India's inflation decelerated to 12.4 perc
Published 01 Sep, 2008 12:00am
Hong Kong shares likely to remain volatile

Hong Kong shares likely to remain volatile

Hong Kong stocks will remain volatile next week amid uncertainties in the mainland, Chinese bourses, and the US economy, dealers said. For the week ending August 29, the benchmark Hang Seng Index surged 869 points or 4.26 percent to 21,261.89.
Published 01 Sep, 2008 12:00am
Australian shares may rise on rate cut

Australian shares may rise on rate cut

An expected cut to interest rates would likely see the Australian share market rise in the coming week amid improved sentiment in the US financial sector, dealers said.
Published 01 Sep, 2008 12:00am
Malaysian shares to rally on budget news

Malaysian shares to rally on budget news

Malaysian share prices are expected to rally on the back of an expansionary 2009 budget aimed at boosting the government's support and stimulating the economy.
Published 01 Sep, 2008 12:00am
Cautious trading expected on Tokyo bourse

Cautious trading expected on Tokyo bourse

Cautious trading is expected on the Tokyo stock market next week amid uncertainty about whether a recent recovery can be sustained, analysts said on Friday. "It is too early to say Tokyo stocks have finally returned to an upward trend," said Hirokazu Fuji
Published 01 Sep, 2008 12:00am
London bourse awaits BoE's decision on interest rates

London bourse awaits BoE's decision on interest rates

The Bank of England's decision on interest rates will dominate the minds of investors on the London stock market. "The meeting on Thursday will be the week's highlight," said Investec Securities analyst David Page. The FTSE 100 index ended Friday at 5,636
Published 01 Sep, 2008 12:00am