11. Newspapers reported Thursday that the Bangko Sentral vowed to quash speculation against the Philippine peso. 12. That speculation was quashed as signs emerged that the domestic economy is recovering only gradually, and as stocks sank. 13. The dollar moved higher against the yen after comments from top Japanese monetary officials Wednesday quashed speculation that the Bank of Japan would increase interest rates soon. 14. The dollar fell against the yen after Bundesbank President Hans Tietmeyer quashed speculation the German central bank would take part in attempts to prop up the U.S. currency. 15. The employment report reinforced expectations for steady growth and subdued inflation -- and quashed lingering speculation the Federal Reserve might soon raise interest rates. 16. The Microsoft-NBC partnership quashes recent speculation that GE may be planning to sell the network. 17. The Microsoft-NBC venture quashes recent speculation that GE may want to sell the network. 18. The natural gas producer bought back shares on the open market, seeking to quash speculation it faced financial problems from margin calls on futures contracts. 19. The official also sought to quash speculation that BA and American would make windfall profits from selling their slots at Heathrow to rivals as part of the U.K. conditions. 20. The report also quashed lingering speculation that the Federal Reserve might soon raise interest rates, even among some well-known bond bears. |