Archive for April 21st, 2008

Dollar rises to lower 104 yen level in Tokyo

Monday, April 21st, 2008

The U.S. dollar rose above the 104 yen line on Monday morning in Tokyo. At noon, the dollar was quoted at 103.83-88 yen, compared with Friday's 5 p.m. quotes of 103.62-72 yen in New York and 102.46-49 yen in Tokyo. The euro ...

Tokyo stocks rise sharply in morning session

Monday, April 21st, 2008

Tokyo stocks rose sharply Monday morning. The 225-issue Nikkei Stock Average gained 221.24 points, or 1.64 percent, from Friday to 13,697.69. The broader Topix index of all First Section issues on the Tokyo Stock Exchange wa ...

EU hails success of euro changeover in Cyprus, Malta

Monday, April 21st, 2008

Changeover to the euro in Cyprus and Malta, the two new members of the euro zone, has been smooth, with its impact on inflation well in check, the European Commission said. Surveys showed the vast majority of the population in Cypru ...

OPEC chief: oil prices would go higher

Monday, April 21st, 2008

OPEC Secretary-General Abdullah el al-Badri said Sunday oil prices would likely go higher and that the group was ready to raise production if the price pressure was due to a shortage of supply -- something he doubted. "Oil prices, t ...

Mexican leftists to reinforce protest against oil privatization

Monday, April 21st, 2008

Mexican leftist legislators Sunday vowed to reinforce their protests against President Felipe Calderon's energy reform bill. In a statement issued by the Coordinating Commission to Defend Mexico's Oil, Andres Manuel Lopez Obrador, t ...

Report: 80 pct of Vietnamese can’t afford flats

Monday, April 21st, 2008

Some 80 percent of Vietnam's population cannot buy flats due to high prices, local newspaper Young People on Monday quoted some local experts as reporting. Main reason for the high prices are state monopoly in land-use right market ...

S Korean president: U.S. to ratify FTA with Seoul within this year

Monday, April 21st, 2008

South Korean President Lee Myung-bak said Monday he is confident that the U.S. Congress will ratify the Korea-U.S. free trade agreement (FTA) by the end of this year, South Korea's Yonhap News Agency reported. Lee, who is visiting J ...

Dollar rises to lower 104 yen level in Tokyo

Monday, April 21st, 2008

The U.S. dollar rose above the 104 yen line on Monday morning in Tokyo. At noon, the dollar was quoted at 103.83-88 yen, compared with Friday's 5 p.m. quotes of 103.62-72 yen in New York and 102.46-49 yen in Tokyo. The euro ...