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Bonds unchanged in Asia after dip on solid jobless data TOKYO: US Treasuries were flat in Asia on Friday, stabilising after having dipped a little the previous day as solid jobless claims data brightened the US economic outlook further.The 10-year notes yield stood at 2.035 percent , little changed from late US levels. It rose as high as 2.0682 percent on Thursday after the initial claims data.The jobless claims dropped 10,000 to a seasonally adjusted 332,000 last week, despite economists' consensus forecast of a rise to 350,000. The closely-watched four-week moving average fell to a five-year low.Still, traders say losses in Treasuries were limited, even with Wall Street shares at record levels, as the Fed's massive bond buying leaves investors chasing fewer bonds available in the market."I think a lot of people have short positions given optimism on the US economy but they are not working very well," said at trader at a Japanese bank.Traders say 10-year cash notes will ...


Spanish debt hits record 84.1pc of GDP MADRID: Spain's public debt hit a new record of 84.1 percent of gross domestic product (GDP) at the end of 2012, owing to increases both at the federal level and that of the country's 17 autonomous regions, official data released on Friday showed.The figure, which gained 14.8 percentage points last year, was well above the European Union limit of 60 percent of GDP, but came in a bit below the government's own forecast of 85.3 ...

JGBs steady as government approves new BoJ leadership TOKYO: Japanese government bonds held steady, with yields not far above record lows hit last week as the government on Friday gave its official nod to a new Bank of Japan leadership that is expected to proceed with aggressive monetary easing.The 20-year sector, which sagged in the previous session after a lackluster auction of those bonds recouped some of their losses.Japan's parliament approved Haruhiko Kuroda to take the helm of the BOJ, as well as ...

Russia keeps rates unchanged after new bank nominee MOSCOW: Russia's central bank left its main interest rate unchanged at 8.25 percent on Friday in a closely-watched decision that followed the appointment of a new governor with close ties to President Vladimir Putin.The Bank of Russia kept the same rate for the sixth month running despite pressure to act in the face of weakening growth.The institution had until now fought off such calls by pointing to inflation that has been running above its upper ...

Allianz eyes stable or slightly higher 2013 net profit BERLIN: German insurance giant Allianz expects its net profit to be stable or slightly higher this year as well as in 2014, according to its annual report published Friday.The group also said it expected 2014 operating profit to improve compared with 2013, when it is due to reach around 9.2 billion euros ($11.9 billion).Announcing its annual results last month, the group had only expressed cautious optimism for 2013 and had forecast an annual operating profit ...

Turkish central bank says to hold 1.5bn lira one month repo auction ISTANBUL: Turkey's central bank will hold a one-month repo auction on Friday, maturing on April 12, with a volume of 1.5 billion lira ($829 million), bank data showed.The bank also said it will hold a one-week repo auction with a volume of 6.5 billion lira, maturing on March 22.The one-month repo auction will be held by the standard auction method, according to which banks tell the central bank the amount they want and the interest ...

Turkish Airlines Jan-Feb passengers rise 26 percent ISTANBUL: Turkey's national carrier Turkish Airlines said on Friday its passenger numbers jumped 26 percent from a year earlier to 6.4 million in the January-February period.The Istanbul-based airline said its load factor rose 4.7 points to 76.5 percent during the two months.Copyright Reuters, 2013


 



 
Index Closing Chg%
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Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln