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China's central bank data implies up to $82 billion in short-term injections in Sept SHANGHAI: China's central bank may have issued up to 500 billion yuan ($81.81 billion) worth of short-term loan facilities (SLFs) in September to commercial banks as China tries to prop up investment without overdosing the economy on liquidity, data from the People's Bank of China implied.The PBOC data published online does not directly describe the SLFs, and there is no information on maturities or which banks received the funds.But sources told Reuters the injections have tenors of three months and are opt-in lines of credit that banks can tap in case of need. Money dealers expect intensified demand for short-term cash in upcoming months given a backlog of IPOs and seasonal factors, and the central bank is keen to keep lending rates low to prevent any further strains on the cooling economy.A Reuters analysis of selected Chinese banks' quarterly reports shows major large commercial banks received a combined 360 billion ...


Sharp swings to small H1 profit TOKYO: Japanese electronics giant Sharp said on Friday it saw a small profit in the first half of its fiscal year and forecast it will stay the black for the next six months as it tries to overcome years of record losses.The Osaka-based company -- a key Apple supplier and leader in screens for smartphones and tablets -- reported a net profit of 4.7 billion yen ($43 million) for April-September, reversing its net loss of ...

Russian central bank provides $51.1mn at forex repo auction MOSCOW: The Russian central bank said on Thursday it had provided $51.1 million at its first one-week dollar repo auction. The repo was provided at an average yield of 2.1207 percent. The auction was the second to be held under a scheme to provide up to $50 billion in foreign currency repos to banks to offset a shortage of foreign currency liquidity. On Wednesday, the central bank provided $201.2 million at its first 28-day dollar ...

Prices up on Europe fears; long end gains after Fed statement NEW YORK: US Treasury debt prices rose on Thursday after falling for two straight sessions as worries about deflation in the euro zone prompted investors to seek safety in government debt. Gains were more pronounced in US 10-year notes and 30-year bonds, with investors getting away from the short end of the curve and buying the long end on the expectation that the Federal Reserve will raise rates next year.On Wednesday, the Fed said it ...

Banking shares pull Lisbon stocks down more than 3.0pc LISBON: Portuguese banking shares fell sharply during trading on Thursday, pulling the overall Lisbon stock index down more than 3.0 percent on renewed concern about the eurozone economy, traders said.In mid-day trading, the main PSI 20 stock index was down 3.14 percent to 5,034.22 points, as banking shares in Greece also slumped.Shares in BCP bank, the only Portuguese bank to fail eurozone stress tests on Sunday, tumbled 5.75 percent to 0.086 euros.Meanwhile shares in rival ...

VW's Skoda Auto says 9M deliveries up by 13pc to 774,100 cars PRAGUE: Global sales at Volkswagen's Czech unit Skoda Auto rose by 13 percent to 774,100 cars in the first nine months of the year, it said on Thursday. The company said operating profit jumped 75.5 percent to 651 million euros ($818.83 million) in the period, while revenue grew by 19.3 percent to 8.8 billion euros. Copyright Reuters, 2014

Indonesia's Bank Central Asia posts 18 pct rise in 9-month profit to Sept JAKARTA: Indonesia's biggest bank by market value, PT Bank Central Asia Tbk, on Thursday reported a rise of nearly 18 percent in net profit for the nine months ended September. The lender posted net profit of 12.2 trillion rupiah ($1.01 billion), up 17.7 percent from the year earlier period. Loans grew 10.6 percent on the year to 330.7 trillion rupiah, while combined net interest income and non-interest income grew 22.9 percent, the bank said at ...


 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJuly-June
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln