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European stocks close lower LONDON: European stock markets closed down on Tuesday, with London's FTSE 100 index of leading shares ending 0.19 percent lower at 6,453.46 points.Frankfurt's DAX 30 lost 0.79 percent to 8,300.03 points, while the CAC 40 in Paris fell 1.35 percent to 4,028.93 points.Copyright AFP (Agence France-Presse), 2013

Oil prices slip as investors eye Fed LONDON: World oil prices declined on Tuesday in cautious deals on the eve of minutes from the US Federal Reserve, dealers said.Brent North Sea crude for delivery in October shed 49 cents at $109.41 a barrel in London midday deals.New York's main contract, West Texas Intermediate for September fell 74 cents to $106.36 per barrel.Traders were exercising caution ahead of minutes of the July meeting of the US central bank's policy-setting Federal Open Market Committee ...

Wood Group held back by Canadian oil uncertainty LONDON: Energy services company John Wood Group expects weakening Canadian demand to restrict earnings growth for its oil and gas engineering division this year and into 2014.The British company has been a strong performer in the European oil services sector while others have suffered from project delays this year. But delivering first-half profit growth broadly in line with analysts' expectations, Chief Executive Bob Keiller said it was "not immune" to that trend."We have seen some ...

Cairn Energy says interim losses deepen LONDON: British oil and gas explorer Cairn Energy posted widening first-half losses on Tuesday, because of big write-downs, but also outlined plans for a new drilling campaign starting in September.Losses after taxation grew to $217.4 million (163.1 million euros) in the six months to June 30, Cairn Energy said in a results statement.That compared with a shortfall of $84.2 million in the same part of 2012.Edinburgh-based Cairn added that impairments ballooned to $290 million in ...

Qatar sends second shipment of free gas to Egypt DOHA: Gas-rich Qatar has dispatched a second shipment of free liquefied gas it had pledged to Egypt, a report said, despite Doha's criticism of Cairo's deadly crackdown on Muslim Brotherhood protesters.The tanker left "to brotherly Egypt on August 9," QNA state news agency said in a report late on Monday.The shipments aim to ease the shortage of energy resources in Egypt during the summer, QNA cited an unnamed foreign ministry official as saying."Concerned parties are ...

Oil prices lower ahead of US crude stockpiles data SINGAPORE: Oil prices inched down in Asian trade Tuesday as dealers await US crude stockpiles data for clues about demand in the world's biggest economy, analysts said. New York's main contract, West Texas Intermediate for delivery in September, was down 35 cents at $106.75 a barrel in afternoon trade while Brent North Sea crude for October eased 38 cents to $109.52."The market is taking a wait-and-see approach," Victor Shum, managing director at IHS Purvin and ...

Indonesian shares tumble again on economy, US Fed concerns JAKARTA: Indonesian shares fell sharply again on Tuesday, to their lowest since March 2012, on continuing worry over the economy and the impact of a cut in US monetary stimulus.At 0420 GMT, the benchmark index was down 4.9 percent to 4103.4.On Monday, the index dropped 5.6 percent, its biggest one-day fall in nearly two years.Asian stocks opened lower on Tuesday, hit by continuing uncertainty over when the US Federal Reserve will start to reduce its ...


Index Closing Chg%
Arrow DJIA 16,614.81 1.31
Arrow Nasdaq 4,419.48 2.40
Arrow S&P 1,941.28 1.96
Arrow FTSE 6,372.33 1.68
Arrow DAX 8,886.96 1.94
Arrow CAC-40 4,081.24 2.25
Arrow Nikkei 14,804.28 2.03
Arrow H.Seng 23,088.58 0.08
Arrow Sensex 26,575.65 0.55

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 20, 2014
Reserves $13.436 bln