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Tokyo stocks up 0.50pc by break TOKYO: Tokyo stocks rose 0.50 percent on Tuesday morning, led by a surge in factory robotics giant Fanuc, while investors await full-year earnings by major Japanese firms and a US Federal Reserve policy meeting. The Nikkei 225 index at the Tokyo Stock Exchange added 99.01 points to 20,082.33 by the break, while the Topix index of all first-section shares was up 0.53 percent, or 8.50 points, at 1,627.57.A drop in the yen has lifted hopes for another round of bumper earnings as Panasonic and Honda get set to report their results later in the day.The dollar rose to 119.10 yen in Asia, from 119.05 yen in New York.The Fed's policy arm on Wednesday finishes up its meeting and investors will be looking for an idea about when it plans to hike interest rate.Markets largely shrugged off an announcement late Monday that Fitch cut its credit rating on heavily indebted Japan ...

Brent crude steadies above $65 as US rig count offsets strong dollar LONDON: Brent crude reversed early losses to steady above $65 on Monday as signs that US shale output may have started to decline offset the effects of a strong dollar. The number of active US rigs drilling for oil has fallen for a record 20 weeks in a row to its lowest since 2010, according to data from oil services company Baker Hughes, fuelling expectations of a drop in US production. "We believe that the ...

Russia's Gazprom Neft says no plans to ask for aid from rainy-day state fund ST PETERSBURG: Gazprom Neft, the oil arm of Russia's top natural gas producer Gazprom, has no plans to ask for money from the National Wealth Fund, the company's head said on Monday.Alexander Dyukov told reporters in Russia's second city of St. Petersburg that Gazprom Neft had not and did not plan to ask for support from the National Wealth Fund. Last month, Dyukov said the company may apply to receive money to develop some upstream ...

China oil executive probed for graft: govt BEIJING: China is investigating a top executive at its largest oil refiner, the anti-corruption watchdog said Monday, as a prolonged graft crackdown targets more state-owned companies.Wang Tianpu, general manager of Sinopec, is being probed for "serious law and discipline violations", a common euphemism for corruption, the Communist Party's Central Commission for Discipline Inspection (CCDI) said in a one-line statement on its website.Wang is also a member of the company's board.The investigation comes ahead of the ...

Oil prices head south once more LONDON: Oil prices turned lower on Monday after gains last week, but losses were limited as fighting in Yemen fuelled fears about a supply disruption in the Middle East, analysts said. US benchmark West Texas Intermediate fell 33 cents to $56.82 a barrel compared with Friday's close as light profit-taking set in.Brent North Sea crude declined 35 cents to stand at $64.93 a barrel nearing midday in London. Oil prices will "continue to receive support ...

Oil prices trade near 2015 highs on Yemen worries LONDON: Brent crude looked set to finish the week near 2015 highs on Friday as air strikes in Yemen stoked concerns over the security of Middle East oil shipments. A softer US dollar and strong economic indicators in Europe and Asia also lent support to oil prices, which have surged by nearly $10 a barrel this month amid rising tension in the Middle East and slowing US production growth.Brent crude for June delivery was up ...

Oil surges as Saudi resumes Yemen strikes NEW YORK: Global oil prices advanced Thursday as the Saudi Arabia-led coalition renewed airstrikes in Yemen, stoking new supply concerns about the crude-rich Middle East.US benchmark West Texas Intermediate for June delivery gained $1.58 at $57.74 a barrel on the New York Mercantile Exchange.Brent North Sea crude for June delivery, the global benchmark, advanced $2.12 to $64.85 a barrel."The market may be drawing support from Saudi Arabia's resumption of airstrikes against Huthi rebels in Yemen, ...


ArrowDJIA 18,037.97 0.23
ArrowNasdaq 5,060.25 0.63
ArrowS&P 2,108.92 0.41
ArrowFTSE 7,103.98 0.47
ArrowDAX 12,039.16 1.93
ArrowCAC-40 5,268.91 1.30
ArrowNikkei 19,983.32 0.18
ArrowH.Seng 28,433.59 1.33
ArrowSensex 27,176.99 0.95

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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 $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyApril 16, 2015
Reserves $16.818 bln