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Oil prices dip in Asia after recent gains HONG KONG: Oil prices slipped Wednesday after enjoying a recent upturn in line with a global equities rebound, while analysts said investors will now be keeping an eye on the US Federal Reserve's next policy meeting.However, oversupply and lingering concerns about demand in key markets are capping gains and keeping prices at multi-year lows.US benchmark West Texas Intermediate for November delivery eased 31 cents to close at $82.50 a barrel. Brent North Sea crude for December fell four cents to $86.18.WTI is stuck around levels not seen since mid-2012, while Brent is at a four-year low.Crude sank in line with worldwide markets last week on fears about the strength of the global economy as China, Europe and Japan struggle to kickstart growth.However, bargain-hunting and indications of loose central bank monetary policies for some time have supported a rebound this week, with US stocks surging for three straight sessions.Adding to downward ...

Tokyo stocks up nearly 2.0pc in opening trade TOKYO: Tokyo stocks jumped nearly two percent in opening trade on Wednesday, bouncing back from a sharp drop the previous day as Wall Street shares posted robust gains.The Nikkei 225 index at the Tokyo Stock Exchange, which fell 2.03 percent on Tuesday, gained 1.97 percent, or 292.35 points, to 15,096.63 in the first 20 minutes of trade.US stocks shot higher Tuesday, propelled by talk of broader monetary stimulus in Europe.The Dow Jones Industrial Average gained ...
Middle East crude Dubai slumps as Chinaoil scales back purchases  SINGAPORE: Dubai slipped into wider discount on Tuesday in the Middle East crude market as Chinaoil scaled back purchases.The trading arm of PetroChina bought just three Dubai partials from Gunvor, Shell and Unipec at $83.10 a barrel, equivalent to about 86 cents below Dubai swaps.The discount is the widest since the start of Chinaoil's buying spree this month which has led to the delivery of 36 cargoes or 18 million barrels of Upper Zakum, Oman ...
Falling global crude prices bolster India's economic outlook NEW DELHI: Falling crude oil prices have helped Indian lawyer Pratik Mehra get off the bus and back behind the wheel of his car, cutting his travel time to work by a third.In China, a short hop across the Himalayas, slumping consumer demand has sparked fears of deflation as it wrestles with flagging global economic growth.But in India, lower prices are allowing consumers like Mehra who drive much of the economy to open their wallets ...
Oil prices mixed as caution returns SINGAPORE: Oil prices were mixed in Asian trade Tuesday as caution returned after a weak rally spurred by upbeat industrial production data from China, the world's top energy consuming nation, analysts said.US benchmark West Texas Intermediate for November delivery advanced 30 cents to $83.01 a barrel in afternoon trade, but Brent crude for December reversed earlier gains and fell three cents to $85.37.Daniel Ang, investment analyst with Phillip Futures in Singapore, said investors were cheered ...
Brent extends gains at above $85 as China oil demand rises SINGAPORE: Brent edged up on Tuesday, holding above $85 a barrel as robust China oil demand supported prices, although gains were capped by oversupply and lingering fears of a weak global economy. Implied oil demand at the world's largest energy consumer jumped 6.2 percent in September from August to 10.3 mln barrels per day, the highest since February, as crude throughput and imports reached their second-highest level this year amid a continued stockbuild. Front-month Brent ...
China Sept crude oil throughput climbs 9.1pc on year BEIJING: China's refinery throughput rose 9.1 percent in September from a year earlier to 42.0 million tonnes, or 10.22 million barrels per day (bpd), data from the National Bureau of Statistics showed on Tuesday. The daily run rate is up 4.8 percent compared with the 9.75 million bpd recorded in August.Copyright Reuters, 2014 ...


Index Closing Chg%
Arrow DJIA 17,390.52 1.13
Arrow Nasdaq 4,630.74 1.41
Arrow S&P 2,018.05 1.17
Arrow FTSE 6,546.47 1.28
Arrow DAX 9,326.87 2.33
Arrow CAC-40 4,233.09 2.22
Arrow Nikkei 16,413.76 4.83
Arrow H.Seng 23,998.06 1.25
Arrow Sensex 27,865.83 1.90

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln