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Business
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US 'City of Looms' fears for future
After a more than a century of Churning out towels, sheets and bedspreads for American homes, there's no future for textiles in this self-proclaimed "city of looms" and many other North Carolina towns
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Oil bubbles near $55 a barrel
Oil prices simmered near $55 a barrel on Friday on rising fears of a winter fuel supply crunch and robust but slowing economic growth in China, the world's number two user.
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Assisting Poor Textile Exporters
WB, IMF only ready for case-by-case help
The World Bank and International Monetary Fund said Friday that poor textile-exporting countries could only expect help on a case-by case basis to cope with the forthcoming end of import quotas.
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Citigroup's ex-exec may face SEC action
US securities regulators may recommend enforcement action against the former head of Citigroup Global Investment Management for his role in activities under investigation at the company's mutual fundunit,
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ROK stock market to see rebound in coming week
South Korea's stock market is expected to see a technical rebound next week after sustained losses over the past two weeks made on the back of disappointing results in the key tech sector, dealers said
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Weekly Currency Roundup
October 16-October 21, 2004
Local FX Market US dollar was bullish against Bangladeshi taka in this week.
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