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Tokyo stocks close down 1.05pc TOKYO: Tokyo stocks fell 1.05 percent Wednesday after a sharp sell-off on Wall Street, with SoftBank shares dropping on a report that its US unit Sprint was abandoning plans to buy T-Mobile.The Nikkei 225 index, which has declined for the past four sessions, gave up another 160.52 points to close at 15,159.79, while the Topix index of all first-section shares lost 0.97 percent, or 12.24 points, to 1,251.29.Copyright AFP (Agence France-Presse), 2014 ...

Brent rebounds to $105; US oil stocks eyed SINGAPORE: Brent crude rose to around $105 a barrel on Wednesday, bouncing off a nine-month low hit in the previous session after industry data showed a large drop in US crude stocks last week. The rebound came after oil prices tumbled on Tuesday as investors grew increasingly nervous about weak seasonal demand and poor refinery margins in a well-supplied global market. "The main concerns are about the high levels of supply and soft demand," said ...
Oil prices up ahead of US stockpiles report SINGAPORE: Oil prices edged higher in Asia Wednesday on bargain-hunting, but gains were capped by concerns about tepid demand in the United States, analysts said.US benchmark West Texas Intermediate (WTI) for September delivery rose 27 cents to $97.65 while Brent crude gained 31 cents to $104.92 in mid-morning trade.WTI prices closed lower in New York for the sixth time in seven days Tuesday as traders looked ahead to Wednesday's weekly US energy inventory report.Singapore's United ...
Middle East crude weak; Oman stays in discount SINGAPORE: The Middle East crude market remained weak on Tuesday with DME Oman's differential to Dubai swaps staying in discount for a second straight session amid plentiful supply.A supply overhang in the Atlantic Basin has weighed on Brent and widened the arbitrage window for excess cargoes to head to Asia, weighing on the east's demand outlook ahead of trade for October-loading barrels.Brent's premium to Dubai recovered from the lowest in nearly four years as excess ...
Oil prices up on reviving Middle East supply fears SINGAPORE: Oil prices rose in Asia Tuesday on fresh fears of supply disruptions in the Middle East, analysts said. US benchmark West Texas Intermediate (WTI) for September delivery rose 10 cents to $98.39, while Brent crude for September gained 15 cents to $105.56 in afternoon trade. "We haven't seen signs so far that the ongoing conflicts in the Middle East could cause disruptions, but those concerns are still there at the back of investors' minds," ...
US oil neutral in $97.37-$98.53 range SINGAPORE: US September oil looks neutral in a range of $97.37 -$98.53 per barrel, and an escape will point a direction.The range has been formed by the 76.4 percent and the 61.8 percent Fibonacci projection levels of a wave c, the third waveof a three-wave cycle that developed from the June 25 high of $106.64.A break above $98.53 will open the way towards the 50 percent level, while only a fall below $97.37 could confirm ...
Brent holds steady above $105 on geopolitical tension ahead of inventory data SINGAPORE: Brent held steady above $105 a barrel on Tuesday despite ample crude supplies, supported by political tension in the Middle East and North Africa and expectations that data will show a further draw on US crude inventories last week. But gains were checked as investors waited for economic data from the United States and Europe later on Tuesday to give the market direction. Brent crude rose for the second straight session, climbing 14 cents ...


Index Closing Chg%
Arrow DJIA 17,814.94 0.02
Arrow Nasdaq 4,758.25 0.07
Arrow S&P 2,067.03 0.12
Arrow FTSE 6,731.14 0.02
Arrow DAX 9,861.21 0.77
Arrow CAC-40 4,382.31 0.32
Arrow Nikkei 17,407.62 0.29
Arrow H.Seng 23,843.91 0.21
Arrow Sensex 28,338.05 0.57

Banking Review 2013

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln