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YouTube appeals to Turkey's Constitutional Court over ban ANKARA: YouTube has appealed to Turkey's Constitutional Court to lift a ban the government slapped on the video-sharing service after audio of a top-level security meeting was posted on the site.The appeal asks the court to "immediately" lift the ban on the site, a source familiar with the case told AFP Monday on condition of anonymity.The government ordered YouTube blocked on March 27 after an audio recording appeared on it, allegedly of top-level security talks on Syria.A court in the capital Ankara on Friday lifted the government decision, saying a blanket ban violated human rights and instead limiting the restriction to 15 videos.But the court later reversed itself, saying the block would remain in place until the audio recordings of the offending security meeting was removed from the website.The ban on YouTube was among a wider crackdown on social media ahead of March 30th local elections by the government of ...

Taiwan's aircraft maker AIDC set to be privatised TAIPEI: Taiwan's sole aircraft maker AIDC applied to be listed on the stock exchange Monday as part of a government drive to privatise large state-owned enterprises. Shares in Aerospace Industrial Development Corp. are set to be traded on the Taiwan Stock Exchange from the fourth quarter of this year, the company said.Privatisation plans have swirled since the mid-1990s after the firm produced the last of its Indigenous Defence Fighters (IDF) -- the island's only locally ...
Taiwan's HTC posts first-quarter loss, lags estimates TAIPEI: Taiwanese smartphone maker HTC Corp on Monday posted a wider-than-expected loss for the first quarter of 2014 as sales continued to decline. Net loss was T$1.88 billion ($62.06 million) in January-March, compared with a mean loss of T$1.59 billion estimated by 18 analysts polled by Reuters. The result also compared with a profit of T$300 million in the previous quarter - largely attributed to the sale of a stake in headphone maker Beats Electronics ...
German industrial output grows more than expected BERLIN: German industrial production grew more than expected in February despite a small drop in the construction sector, pointing to a robust start to the year, official data showed Monday.Industrial output, a central driver of the German economy, expanded by 0.4 percent in February from output in January, the economy ministry calculated in preliminary data.That was better than the 0.2-percent forecast by analysts polled by Dow Jones Newswires.It followed a 0.7-percent-rise in January which was ...
Audi has all-time monthly sales record in March on A3, Q7 demand FRANKFURT: Germany's Audi said sales of luxury cars rose 15.4 percent in March to an all-time monthly record of 170,450 autos, citing demand for the expanded A3 model line and the Q7 sport-utility vehicle. First-quarter deliveries were up 11.7 percent to a record 412,850 cars on demand from all major regions, the Volkswagen-owned division said on Monday. Ingolstadt-based Audi outsold German rival Mercedes-Benz by almost 39,000 cars in the first three months. Luxury-sales champion BMW ...
Nissan signs UEFA Champions League sponsorship deal TOKYO: Japanese auto giant Nissan said Monday it has signed a four-year global sponsorship deal with the UEFA Champions League as it looks to broaden its brand appeal globally.The country's number-two automaker -- whose largest shareholder is France's Renault -- did not disclose the cost of the agreement, which also includes sponsoring the UEFA Super Cup, but called it the firm's "largest ever sponsorship deal"."Europe's most prestigious football competition will be an important global platform ...
India's Reliance Industries, Reliance Comm in another telecom pact NEW DELHI: Reliance Industries Ltd's telecommunications unit has agreed to use Reliance Communications Ltd's intra-city fibre network to roll out 4G services, in what is the third infrastructure-sharing agreement between the two companies.Reliance Communications, controlled by billionaire Anil Ambani, said on Monday a master services agreement signed was based on "arm's length pricing at prevailing market prices".Reliance Industries is controlled by India's richest man Mukesh Ambani, and its telecommunications unit Reliance Jio Infocomm Ltd is ...


Index Closing Chg%
Arrow DJIA 16,262.56 0.55
Arrow Nasdaq 4,034.16 0.29
Arrow S&P 1,842.98 0.68
Arrow FTSE 6,541.61 0.64
Arrow DAX 9,173.71 1.77
Arrow CAC-40 4,345.35 0.83
Arrow Nikkei 13,996.81 0.62
Arrow H.Seng 22,671.26 1.60
Arrow Sensex 22,484.93 0.64

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln