Funds inflows largely "real money": HK monetary chief
08-07-2009
- The persistent funds inflows into the Hong Kong dollar that has repeatedly triggered intervention were largely not related to currency speculation, Hong Kong Monetary Authority Chief Executive Joseph Yam said Thursday.
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China Mobile, HSBC lift Hang Seng Index to 11-month closing hi..
08-07-2009
- Heavyweight China Mobile and HSBC Holdings surged in afternoon trading on Thursday, lifting the benchmark Hang Seng Index of the Hong Kong market to its 11-month closing high of 20,899.24, up 1.97 percent.
The benchmar..
Int'l reserves of Mexico central bank drop by some $250 mln
08-06-2009
- The Central Bank of Mexico on Tuesday reported a drop of 246 million U.S. dollars in its international reserves due to an increase of near-term debt.
The debt increase of 27 billion pesos (about 2.1 billion dollars) wi..
Dollar falls against major currencies
08-06-2009
- The dollar fell back against major currencies on Wednesday after technical consolidation a day ago, with investors waiting for rate decisions from Britain and the euro-zone.
The dollar has been falling in the previous ..
Bankruptcy on rise in Spain
08-06-2009
- The Spanish National Institute of Statistics said Wednesday that bankruptcy continues to rise in the country.
A total of 3,285 companies and individuals were declared insolvent in the first half of the year.
That is ..
British services sector up strongly in July
08-06-2009
- Activity in Britain's services sector increased at its fastest rate in nearly a year and an half in July, the UK Chartered Institute for Purchasing and Supply (CIPS) said Wednesday.
The CIPS said its monthly purchasing..
New Zealand's unemployment rate rises to 6%
08-06-2009
- New Zealand's unemployment rate rose to a nine-year high of 6 percent in the three months to the end of June from 5 percent in the previous quarter, and is the largest quarterly increase since 1988, Statistics New Zealan..
Indonesia's 3rd largest cellular operator to issue shares wort..
08-06-2009
- PT Excelcomindo Pratama Tbk, Indonesia's third largest cellular provider, planned to issue shares worth around 300 million U.S. dollars in the fourth quarter of this year to improve its capital structure, the business da..
Philippine inflation eases to 0.2% in July
08-06-2009
- The Philippines' headline inflation rate in July slowed to 0.2 percent as food and utility prices continued to decline, according to data issued by the country's National Statistics Office on Wednesday.
This was the se..
S Korea's overseas investment halves in first 6 months
08-06-2009
- South Korea's overseas investments were cut in half during the first six months from a year earlier amid a prolonged global recession, a government report showed on Wednesday.
According to a report by the nation's fina..