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South Korea shares, won edge up as geopolitical tensions ease SEOUL: South Korean shares and the won edged up on Monday as geopolitical tensions eased somewhat, with riskier assets getting a boost on expectations of policy changes to shore up the local economy.The Korea Composite Stock Price Index (KOSPI) was up 0.38 percent at 2,027.14 points as of 0153 GMT versus an onshore close of 2,019.42 on Friday - its best week since May. The index touched the 2,030 mark earlier in the day for the first time this year."The local stock market is expected to continue its positive performance from last week, riding on high hopes for an economic recovery with support from policymakers," said Jung Seung-Jae, an analyst at Mirae Asset Securities.Most markets appeared to set side geopolitical concerns for now, with the UN Security Council due to vote Monday on a resolution that would condemn the downing of the Malaysian passenger plane over the Ukraine-Russian border on ...

ONGC reports gas leak from well being drilled off west coast NEW DELHI: India's largest explorer Oil and Natural Gas Corp (ONGC) has marginally cut oil output from the country's biggest oil producing asset off the west coast following a gas leak from a well being drilled. "As a precaution we have shut gas injection into some of the nearby wells in the Mumbai High north fields. Our crisis management team is already there and we have evacuated the non-essential staff from the area," N. K. ...
Middle East Crude: Condensate steady on Korea demand SINGAPORE: Qatari condensate premiums held steady in the Middle East crude market on Friday, supported by robust demand from South Korea and tighter supply of the ultra light oil.South Korean end users have bought four Qatari condensate cargoes for new splitters while supply of the one of the grades, deodorised field condensate (DFC), may have been curbed by problems at a liquefied natural gas (LNG) train, traders said.Before Tasweeq's tender, Shell, Mitsui and Tasweeq sold ...
Geopolitical woes send oil prices higher in Asia SINGAPORE: Oil prices rose in Asia on Friday after a Malaysia Airlines plane came down in war-ravaged Ukraine and Israel launched a ground offensive into Gaza, sparking fears about tensions in the crude-rich Middle East.US benchmark West Texas Intermediate for delivery in August was up 53 cents at $103.72 in late-morning trade and Brent crude for September advanced 65 cents to $108.54.Speculation that flight MH17 with 298 people aboard was shot down by pro-Moscow separatist ...
Oil prices up on US demand hopes SINGAPORE: Oil prices extended gains in Asia Thursday after a bullish US stockpiles report raised hopes of resurgent demand in the world's top crude consumer, analysts said. US benchmark West Texas Intermediate for August delivery rose 24 cents to $101.44 while Brent crude for September gained two cents to $107.19 in afternoon trade. WTI surged $1.25 in New York Wednesday after the US Energy Information Administration (EIA) said reserves fell 7.5 million barrels in the ...
Brent holds above $107 on US crude draw, China data SINGAPORE: Brent futures held above $107 a barrel on Thursday as a sharp drop in US crude stockpiles and promising economic growth data from China indicated an improving outlook for demand in the world's top two oil consumers.Continued worries about the geopolitical situation in North Africa, the Middle East and Ukraine also underpinned oil prices. The Brent contract for September, which became the front-month contract on Thursday, rose 3 cents to $107.20 by 0356 GMT.The ...
Oil edges up on China growth, demand figures SINGAPORE/LONDON: Brent crude prices edged up above $106.50 a barrel on Wednesday as data from China showed its economy grew faster than expected in the second quarter and the country's implied oil demand rose to its highest since the beginning of last year.The improving outlook in the world's second-largest economy offset previous downward pressure on oil prices from easing concerns about supply disruptions in North Africa, the Middle East and Ukraine, which had pulled Brent ...

 



 
Index Closing Chg%
Arrow DJIA 16,493.37 0.42
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Arrow S&P 1,925.15 0.29
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Arrow CAC-40 4,202.78 1.02
Arrow Nikkei 15,523.00 0.63
Arrow H.Seng 24,532.43 0.91
Arrow Sensex 25,480.84 1.60





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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyMay
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln