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Asia to Pay Higher Yields at Government Debt Auctions (Update1)
Published February 9, 2010, 2:10 am, BusinessWeek
Asian developing nations will need to pay the highest yields in at least a month to borrow $3 billion through bond sales this week as central banks prepare to raise interest rates, Allianz Investment Management Ltd. and CIMB- Principal Asset Management Bhd. said.
Majors Range Bound In Asia On Risk-aversion-Westpac
Published February 8, 2010, 11:56 pm, INO News
(RTTNews) - Analysts at Westpac noted on Tuesday that the forex markets have been trading fairly quiet today, as risky bets pushed higher after a weak start in Asia following a sharp fall on Wall Street overnight.
Currencies Traded Quietly After Gaining Initially - Westpac Comments
Published February 8, 2010, 12:13 am, INO News
(RTTNews) - Analysts at Westpac said on Monday that most currencies traded quietly in Asian deals today after initially extending late Friday New York session's bounce on risk appetite.
S.Korea court rejects attempts to annul FX contracts
Published February 7, 2010, 11:13 pm, Reuters via Yahoo! Philippines News
SEOUL, Feb 8 (Reuters) - Two banks in South Korea won a suit on Monday against a company that had sought to make currency option contracts with the lenders void and have them return funds related to the derivative products.
Asian Currencies Slide for a Fourth Week on Europe Deficit Woes
Published February 5, 2010, 9:40 pm, BusinessWeek
Asian currencies dropped for a fourth week, the longest run of losses since June, as concern that some European nations will struggle to contain and finance budget deficits eroded demand for emerging-market assets.
FX Daily Planet: London Open
Published February 5, 2010, 2:06 pm, Scoop.co.nz
Click here for the full Note and disclosures. Asian equities have been posting sharp losses of over 2%, moves reminiscent of European and US market overnight.
SNB Intervention Rumours Affect Asian FX -Westpac
Published February 5, 2010, 12:57 am, INO News
(RTTNews) - Analysts at Westpac said on Friday that the EUR/CHF pair moved largely on speculation over a possible intervention by the Swiss National Bank. The rumor led to the pair garnering attention in the Asian forex markets, which otherwise does not make any impact usually.
Samsung Reports Strong Q4 and Year
Published February 4, 2010, 10:43 pm, Computer Business Online via Yahoo! UK & Ireland News
Samsung Electronics has reported a net profit of KRW 3.61 trillion ($3.1bn) for the fourth quarter 2009, on revenue up 19% at KRW 39.2 trillion ($34bn).
South Korean won falls 1.6 pct vs dollar
Published February 4, 2010, 10:09 pm, Reuters via Yahoo! Singapore News
SEOUL, Feb 5 (Reuters) - The South Korean won ended the domestic session down 1.6 percent against the dollar on Friday, the biggest daily percentage loss in more than two months, due to a spike in investors' risk aversion following European sovereign debt jitters.
Hankook Tire Hits Record Global Sales and Operating Profit in 2009
Published February 4, 2010, 11:21 am, CNW Group via Yahoo! Finance
Hankook Tire announced its consolidated earnings results for fiscal year 2009. On a consolidated basis, Hankook Tire's global sales hit a record high 4.3 billion dollars CAD , an 18 per cent year-over-year increase.
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