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[
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[
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[
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[
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[
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[
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[
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[
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] | He said Mr. Denlea would be a member of the top management team of the Axa - Midi group of companies, and would "help define policies and strategies of the group." | en |
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] | The papers, which Israel says were discovered in Israeli - occupied Gaza, refer to terrorist acts to be carried out in the name of a group called "the Revolutionary Eagles." | en |
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[
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] | Concern about the volatile U.S. stock market had faded in recent sessions, and traders appeared content to let the dollar languish in a narrow range until tomorrow, when the preliminary report on third - quarter U.S. gross national product is released. | en |
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0,
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0,
0,
0,
0,
0,
0,
0,
0,
0,
0,
0,
7,
0,
0,
0
] | But seesaw gyrations in the Dow Jones Industrial Average yesterday put Wall Street back in the spotlight and inspired market participants to bid the U.S. unit lower. | en |
[
"UAL",
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[
"By",
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[
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[
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",",
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] | Stock prices, meanwhile, posted significant gains in later trading and closed down by only 3.69 points on the day. | en |
[
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[
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] | They added that the DJIA's swift drop proved an easy excuse for the market to drive the U.S. currency in the direction it was already headed. | en |
[
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] | In late New York trading yesterday, the dollar was quoted at 1.8355 marks, down from 1.8470 marks Monday, and at 141.45 yen, down from 141.90 yen late Monday. | en |
[
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] | Sterling was quoted at $1.6055, up from $1.6030 late Monday. | en |
[
"In",
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",",
"the",
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"141.57",
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] | In Tokyo Wednesday, the U.S. currency opened for trading at 141.57 yen, down from Tuesday's Tokyo close of 142.10 yen. | en |
[
"Tom",
"Trettien",
",",
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",",
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",",
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] | Tom Trettien, a vice president with Banque Paribas in New York, sees a break in the dollar's long - term upward trend, a trend that began in January 1988. | en |
[
"He",
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",",
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] | He argues that the dollar is now "moving sideways," adding that "the next leg could be the beginning of a longer term bearish phase." | en |
[
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] | Analysts peg the dollar's recent weakness to an underlying slowdown in the U.S. economy, highlighted by recent economic data, particularly a surprisingly sharp widening in the August U.S. trade gap. | en |
[
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] | They also point out that narrowing interest - rate differentials between the U.S. and its major trading partners tend to make the U.S. currency less attractive to foreign investors. | en |
[
"Despite",
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] | Despite several spurts of dollar trading, it was noted that mark - yen cross trade grabbed much of the market's attention. | en |
[
"Following",
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[
"Traders",
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[
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] | But, they add that the mark's strength is in part a reflection of a shift away from U.S. assets by Japanese investors into West German investments. | en |
[
"``",
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":",
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] | "The question remains: how much can the West German market absorb?" says one senior dealer. | en |
[
"Some",
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] | Some dealers say that Bank of Japan Governor Satoshi Sumita's reassurance that Japanese monetary policy won't be changed for the time being has given investors an added excuse to push the yen down even further against the mark. | en |
[
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] | Despite the yen's weakness with respect to the mark, Tokyo traders say they don't expect the Bank of Japan to take any action to support the Japanese currency on that front. | en |
[
"Meanwhile",
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] | Meanwhile, sterling slumped on news that the United Kingdom posted a wider - than - expected trade deficit in September. | en |
[
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] | The news also knocked the British unit to below 2.95 marks in London, but a bout of short - covering helped sterling recoup some of its earlier losses. | en |
[
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",",
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] | On the Commodity Exchange in New York, gold for current delivery jumped $3.20 to $370.20 an ounce. | en |
[
"The",
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] | [
0,
0,
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] | The close was the highest since Aug. 15. | en |
[
"Estimated",
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] | [
0,
0,
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25,
25,
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25,
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] | Estimated volume was a light two million ounces. | en |
[
"In",
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",",
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] | In early trading in Hong Kong Wednesday, gold was quoted at $368.25 an ounce. | en |
[
"Boston",
"Co.",
",",
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"-",
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] | Boston Co., the upper - crust financial services concern that was rocked by a management scandal late last year, has had a sharp drop in profitability--mainly because a high - risk bet on interest rates backfired. | en |
[
"Boston",
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] | Boston Co.'s fall from grace is bad news for its parent, Shearson Lehman Hutton Holdings Inc., which has relied heavily on the banking and money management unit's contributions in recent years. | en |
[
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] | In 1988, for example, Boston Co. had an estimated pretax profit of at least $110 million, while Shearson managed net income of just $96 million. | en |
[
"Shearson",
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] | Shearson doesn't break out the earnings of its subsidiaries. | en |
[
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Subsets and Splits