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India NEW DELHI: India's state-run PEC Ltd has received the highest bid at $310 per tonne from Australian trading firm JK International for its 100,000 tonnes of wheat export tender, trade sources said on Friday.   The company had offered the milling wheat from a port on the east coast with shipping between Oct. 25 and Nov. 25, as part of the government's strategy to cut huge stocks at its warehouses.   The latest bid is higher than the $307.5 per tonne highest bid received in a similar export tender floated by the company last month.   PEC has deferred the closing date for a similar tender offering 125,000 tonnes on the west coast to Oct. 30 from Oct. 19.   Copyright Reuters, 2012 ...

India corn, kapashkhali to fall on higher supplies  MUMBAI: Indian corn futures fell on Friday and are likely to slip more next week as supplies in the spot markets rise and exporters hold off for further price falls, offsetting strong demand from poultry feed makers.   Corn futures are also under pressure from a near 7.5 percent decline in the prices of soymeal in October, w hich is also used in making animal and poultry feed.   Supplies of soymeal improved in the market after farmers accelerated ...
Tokyo rubber futures fall 3pc on China demand worry  TOKYO: Tokyo rubber futures fell more than 3 percent at one point on Friday on fading optimism about demand in China, the world's biggest rubber consumer, after bearish official comments on its trade sector.   China's September trade data, which showed a surge in exports at twice the rate expected and a return to import growth, are not yet enough to confirm that a recovery is in place for the external sector, the Commerce Ministry said on ...
Palm oil edges up on demand view, set for weekly gain  KUALA LUMPUR: Malaysian palm oil futures rose on Friday, with market players confident of a recovery in demand thanks to strong Malaysian exports in the first half of the month and a major festival next month.   Friday's light trade was enough to put palm oil on track for a second weekly gain, buoyed by expectations of stronger demand that could ease record stocks.   "There are more purchases from India and China - India especially - because Deepavali ...
Copper steadies after China, US data  SHANGHAI: London copper was steady on Friday, remaining on track to post a 1.1 percent weekly rise following data which suggested stabilisation in the Chinese economy and recovery in the United States were slowly gaining traction.   Price movements will likely be limited ahead of a once-a-decade leadership transition in China at the Communist Party Congress beginning on Nov. 8.   FUNDAMENTALS   Three-month copper on the London Metal Exchange was trading flat for a second session in a row at ...
Japan September copper wire sales fall 3.3pc, first drop in 5 months  TOKYO: Japan's copper cable shipments fell an estimated 3.3 percent in September from a year earlier to 57,200 tonnes, their first drop in five months, as demand from carmakers decreased for the first time in 14 months, an industry body said on Friday.   After the government ended subsidies for environmentally-friendly cars on Sept. 21, new car sales fell 3.4 percent from a year earlier, data from the Japan Automobile Manufacturers Association Inc shows.   Copyright Reuters, 2012 ...
Gold tracks equities lower, heads for 2nd weekly fall  SINGAPORE: Gold gave up early gains on Friday as shares in Asia slipped following a three-day rally and investors took a breather ahead of the outcome of a euro zone summit to solve the region's debt crisis, which could offer support to the euro.   Recent stimulus measures by central banks boosted gold's appeal as a hedge against inflation and sent prices to an 11-month high of $1,795.69 an ounce in early October, but a rebound in ...


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