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Samsung Electronics says may acquire rest of Samsung Medison SEOUL: Samsung Electronics Co Ltd said on Tuesday that it is considering acquiring the shares of unlisted medical equipment maker Samsung Medison Co Ltd that it does not currently own. Samsung Electronics said in a regulatory filing that it has not yet made a final decision.It did not elaborate on its plans. Samsung Electronics controls about 68.5 percent of Samsung Medison. The holding has a book value of about 478 billion Korean won ($472 million), according to an August regulatory filing. Copyright Reuters, 2014 ...

German August car sales down about 0.5pc FRANKFURT: Sales of new cars in Germany, Europe's biggest auto market, declined about 0.5 percent in August, an industry source familiar with the matter told Reuters on Tuesday. Germany's main VDA auto industry association and the KBA Department of Motor Vehicles are due to publish August sales data later on Tuesday. Copyright Reuters, 2014 ...
Turkey's Sisecam says unit's talks with France's Arc end with no offer ISTANBUL: Turkey's biggest glassmaker Sisecam said on Tuesday its Pasabahce unit, which makes tableware and home furnishings, has ended talks to acquire shares in Arc International, a French household goods maker. In June, Pasabahce had signed a non-disclosure agreement regarding the non-binding talks, which have been concluded with no offer, Sisecam said in a filing to Istanbul Stock Exchange. Copyright Reuters, 2014 ...
Telecom Italia postpones sale of Telecom Argentina stake to Sept. 25 MILAN: Telecom Italia, Italy's biggest telecoms group, said on Tuesday it was extending to Sept. 25 the deadline for completing the sale of its stake in Telecom Argentina to investment fund Fintech. In November, Telecom Italia agreed to sell its entire stake in Telecom Argentina to Fintech for $960 million. The deal, whose terms remain unchanged, is still awaiting regulatory approval.Copyright Reuters, 2014 ...
Nissan says Aug China auto sales fell 0.7pc y/y SHANGHAI: Japanese automaker Nissan Motor Co Ltd said on Tuesday that, together with its Chinese joint venture partner, it sold about 85,500 automobiles in China in August, down 0.7 percent from a year earlier. That follows an 12.3 percent year-on-year drop in July and a 11.1 percent rise in June. The company said in a statement that the decline in August was due to sluggish sales of light commercial vehicles. The company's sales in the ...
Six steps to Alibaba's twelve-figure valuation HONG KONG: How do you value a tech company What about a dominant, fast-growing, profitable tech company with no peers that operates in an opaque economy.Fund managers need to decide as Alibaba kicks off the roadshow for its long-awaited initial public offering. Breakingviews offers a six-step guide to sizing up China's biggest e-commerce group. How fast can Chinese e-commerce grow. Four in every five yuan spent on online shopping in the People's Republic last year ...
Apple's shadow looms large at Berlin electronics show BERLIN: Berlin's gigantic IFA consumer electronics fair opens this week, with the shadow of Apple looming large even if the iconic US brand traditionally snubs the event. IFA, one of Europe's biggest showcases of the latest electronic gadgets, is scheduled to open on September 5 and run until September 10.But news that Apple will stage a mystery unveiling of its own on September 9 is likely to upstage any of the announcements made by its ...


Index Closing Chg%
Arrow DJIA 17,098.45 0.11
Arrow Nasdaq 4,580.27 0.50
Arrow S&P 2,003.37 0.33
Arrow FTSE 6,825.31 0.08
Arrow DAX 9,479.03 0.09
Arrow CAC-40 4,379.73 0.03
Arrow Nikkei 15,476.60 0.34
Arrow H.Seng 24,752.09 0.04
Arrow Sensex 26,867.55 0.86

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln