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Indian oilseeds, sugar rise as dry spell raises output concerns MUMBAI: Indian oilseeds and soyoil futures rose on Thursday following gains in global prices and on concerns over oilseed production due to a dry spell in the growing regions. Farmers in India run the risk of planting too much, too fast in the current monsoon season as an unexpected dry spell starts to wilt crops across the country, raising fears of lower yields and surging food prices in a mostly impoverished nation. The key August soybean futures on the National Commodity and Derivatives Exchange ended 1.4 percent higher at 3,542 rupees per 100 kg, while the August rapeseed contract rose 1.2 percent to 4,270 rupees per 100 kg. At 1208 GMT, the key August soyoil contract was up 0.63 percent at 580 rupees per 10 kg. SUGAR Indian sugar futures rose on concerns over output due to poor rainfall in key producer Maharashtra state and an improvement in exports demand. ...

TOCOM ends up 3.4pc on firm Shanghai stocks TOKYO: Benchmark Tokyo rubber futures ended up 3.4 percent on Thursday and touched a 10-day high, helped by a recovery in Shanghai stock markets.Tokyo Commodity Exchange (TOCOM) futures, which set the tone for tyre rubber prices in Southeast Asia, had recently been weighed down by concerns about Chinese economic growth, which had pushed down the benchmark contract to a 2-1/2-month low a week ago.The Tokyo Commodity Exchange rubber contract for December delivery finished 7.1 yen ...
Gold holds near 4-month low as US rate hike looms MANILA: Gold hovered near its lowest level since March on Thursday after Federal Reserve Chair Janet Yellen reiterated that a U.S. interest rate increase is likely this year, buoying the dollar at bullion's expense.Yellen said the U.S. central bank remains on course to raise interest rates this year, with labour markets expected to steadily improve and turmoil abroad unlikely to throw the U.S. economy off track.Yellen's comments were in line with her recent remarks along ...
Vietnam Coffee: Prices show small gains, sales slow on tepid buying HANOI: Vietnam coffee prices have started to recover following gains in the global futures market, but high inventory has stalled buying interest, traders said on Tuesday. Trading in robustas from the new 2015/2016 crop has also begun, but at a slower pace, traders said.Prices of robusta beans in Vietnam, the world's top producer of the bitter variety, rose to 36,200-37,200 dong ($1.62-$1.71) on Tuesday in Daklak, the country's largest growing province, from 36,100-36,800 dong last ...
Palm oil flat in thin trade, slowing exports pressure prices NEW DELHI: Malaysian palm oil futures were mostly unchanged on Monday, after sliding to a six-week low last week, with a steep decline in exports keeping a lid on the market.Exports of Malaysian palm oil products for July 1-10 fell 34.7 percent to 308,875 tonnes from 473,307 tonnes shipped June 1-10, cargo surveyor Societe Generale de Surveillance said on Friday.Data from cargo surveyor Intertek Testing Services earlier showed a 32.5 percent decline in exports during ...
Palm oil slides 3pc on China markets turmoil, Greek crisis SINGAPORE: Malaysian palm oil futures slid for a third session on Wednesday, falling 3 percent to a six-week low as Chinese stocks tumbled and the Greek debt crisis continued to hammer markets.Asian shares fell and the safe-haven yen rallied as Chinese stocks remained in a tailspin, shaking investors already rattled by Greece's debt crisis."It all started with Greece and now markets across Asia are taking a hit," said one Kuala Lumpur-based palm oil trader."Chinese commodity ...
Wheat slips again on easing US rain, global market tensions PARIS/SINGAPORE: Chicago wheat lost more ground on Wednesday as drier weather eased concerns about the US harvest, and the Greece crisis and plunging Chinese equities continued to sap investor confidence.Soybeans dropped for a fifth consecutive session to a one-week low, with the market turmoil in China, the world's biggest soybean importer, encouraging negative sentiment. Corn was also lower. "It's a combination on one side of weak macro-economic factors and a stronger dollar, and on the ...


Index Closing Chg%
Arrow DJIA 17,689.86 0.03
Arrow Nasdaq 5,128.28 0.01
Arrow S&P 2,103.84 0.23
Arrow FTSE 6,696.28 0.41
Arrow DAX 11,308.99 0.46
Arrow CAC-40 5,082.61 0.72
Arrow Nikkei 20,585.24 0.30
Arrow H.Seng 24,636.28 0.56
Arrow Sensex 28,114.56 1.48

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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln