adimin

Canadian Dollar Falls Against Majors

The Canadian dollar weakened against other major currencies in the Asian session on Tuesday. The Canadian dollar fell to nearly a 2-1/2-month low of 1.3807 against the U.S. dollar, from yesterdays closing value of 1.3795. Against the yen, the euro and the Australian dollar, the loonie dropped to 108.31, 1.5057 and 0.9288 from Mondays closing...

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Pound Rises After U.K. Labor Data

The British pound strengthened against most major currencies in the European session on Tuesday, after data showed that the nations unemployment rate fell slightly in three months to August, while it was forecast to remain unchanged. Data from the Office for National Statistics showed that the U.K. unemployment rate fell slightly to 4.0 percent in...

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Sensex, Nifty End Modestly Lower

Indian shares ended Tuesdays session modestly lower after data showed Indias CPI inflation rose to a nine-month high of 5.49 percent in September versus forecast of 5 percent and 3.65 percent in August on the back of rising food prices. A stronger dollar and higher U.S. Treasury yields also weighed on markets after Fed Governor...

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Negative equity, Logindo Samudera Makmur to hold private placement

JAKARTA. PT Logindo Samudera Makmur Tbk (LEAD), an oil and natural gas services company, will carry out additional capital without granting pre-emptive rights (PMTHMETD) or private placement. This corporate action was carried out by LEAD in the context of financial restructuring. Currently, the companys net working capital is recorded at minus US$3.02 million, with total...

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