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Taiwan passes in tender to buy 99,410 tonnes US wheat HAMBURG: The Taiwan Flour Millers' Association rejected all offers and made no purchase in a tender for 99,410 tonnes of milling wheat to be sourced from the United States which closed on Wednesday, European traders said. Prices were regarded as too high. A new tender is likely to be issued soon, traders said. The wheat had been sought in two consignments with the first for shipment between Oct. 12-26 and the second between Oct. 29-Nov. 12, traders said. A range of different wheat types were sought.In its last reported tender on July 31, the association purchased 84,800 tonnes of milling wheat to be sourced from the United States. Copyright Reuters, 2014 ...

Aluminium hits 18-month peak LONDON: Aluminium touched a 18-month peak on Tuesday, boosted by a big long position and declining available stocks, with metals markets also supported by hopes the European Central Bank would implement stimulus measures. Most industrial metals on the London Metal Exchange were in positive territory after signs of a weakening European economy increased hopes of market-friendly moves by central bankers.Three month aluminium was a top gainer on the LME, climbing to a session peak of ...
Sugar holds above 7-month low ahead of Brazil harvest update LONDON: ICE raw sugar futures hovered above a 7-month low on Tuesday, ahead of a harvest progress update from top grower Brazil, where sugar output is expected to remain well ahead of the previous season.Cocoa prices traded below a more-than 3-year peak hit earlier this month, while coffee was higher.Brazil's cane industry association Unica will publish its latest harvest progress report, along with an updated forecast for the 2014/15 crop, at 1500 GMT."The Unica report ...
Gold up as dollar rally pauses; strong US data limits gains LONDON: Gold rose on Tuesday after a pause in the dollar rally prompted a break above $1,280 an ounce that triggered chart-based buying, but gains were expected to be limited as optimism grows on the pace of the U.S. economic recovery.Spot gold hit a session high at $1,290.80 an ounce in early trade as stop orders were triggered on a break of the 200-day moving average just above $1,280. Buy stop orders are automatic orders ...
Copper climbs to three-week high on EU stimulus hopes LONDON: Copper prices rose to three-week highs on Tuesday, as hopes of stimulus measures by the European Central Bank gathered pace following signs of a weakening European economy.The euro zone's flatlining economy took another hit when data on Monday showed German business sentiment sagging for the fourth month running, while a row over the lack of growth led the French government to resign.In stronger language than he has used in the past, European Central Bank ...
Corn prices fall on improving outlook in US and Europe LONDON: Chicago corn futures were lower on Tuesday, weakened by improving crop conditions in the United States and Europe, while soybeans and wheat prices also fell.Chicago Board Of Trade December corn was off 0.5 percent to $3.67-1/4 a bushel at 1041 GMT, after having slid 1 percent in the previous session."U.S. corn production is weighing on prices, and yields in the European Union are also coming up well," said Ole Houe, an analyst at Sydney-based ...
Gold up around 1pc as dollar rally pauses; US data eyed LONDON: Gold jumped 1 percent on Tuesday after a pause in dollar and equity market rallies prompted a break above $1,280 an ounce that triggered chart-based buying, but anticipation of buoyant U.S. data could temper interest.Spot gold hit a session high at $1,290.80 an ounce in early trade as stop orders were triggered on a break of the 200-day moving average just above $1,280. Buy stop orders are automatic orders placed at pre-set levels to ...

 



 
Index Closing Chg%
Arrow DJIA 17,730.11 0.16
Arrow Nasdaq 5,009.22 0.08
Arrow S&P 2,076.78 0.03
Arrow FTSE 6,585.78 0.67
Arrow DAX 11,058.39 0.37
Arrow CAC-40 4,808.22 0.57
Arrow Nikkei 20,539.79 0.08
Arrow H.Seng 26,064.11 0.83
Arrow Sensex 28,092.79 0.53





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMay
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 01, 2015
Reserves $18.5 bln