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Japan JOGMEC buys 44,000 tonnes LPG for national reserves TOKYO: State-run Japan Oil, Gas and Metals National Corp (JOGMEC) on Monday bought liquefied petroleum gas (LPG) via a tender to store in its national reserves, a trade ministry official said on Monday.JOGMEC was seeking 44,000 tonnes of propane, which is to be delivered to the stockpiling base in Namikata in Ehime prefecture by Aug. 10.The ministry official did not identify the winning bidder.Japan, which in April stored 952,000 tonnes of LPG at five national LPG stockpiling bases, plans to increase stockpiles to the full capacity of 1.5 million tonnes by the end of March 2018.Japan's trade ministry last July aimed to buy 198,000 tonnes of LPG during the fiscal year that started on April 1 as part of goals to reach the full capacity.Copyright Reuters, 2015 ...

Oil prices up in Asian trade SINGAPORE: Oil prices rose in Asia Wednesday as dealers awaited the latest US energy report and a Federal Reserve policy announcement later in the day that dealers hope will shed light on its plans for hiking interest rates, analysts said.US benchmark West Texas Intermediate for July delivery gained 10 cents to $60.07 while Brent crude for August added five cents to $63.75 in late-morning trade.Markets are hoping for some clues about the US central bank's ...
Oil prices rise as Texas braces for tropical storm SINGAPORE: Crude prices rose after a cautious start on Tuesday, boosted by warnings that a tropical storm was about to hit the coast of oil producing state Texas. The US National Hurricane Center (NHC) issued a tropical storm warning on Tuesday morning at 0200 GMT for the Texas coast from Baffin Bay to High Island."On the forecast track the centre ... is expected to make landfall in the warning area along the Texas coast Tuesday ...
Oil prices down in Asian trade SINGAPORE: Oil prices fell in Asia Monday as dealers fretted over a collapse in Greece's debt talks and a possible return of Iranian supplies disrupted by international sanctions, analysts said. US benchmark West Texas Intermediate for July delivery fell 20 cents to $59.76 while Brent crude for July eased 37 cents to $63.50 in mid-morning trade. Markets are "closely tracking the Greek debt crisis and the ongoing negotiations between Iran and the big six powers," ...
Oil prices down in Asian trade SINGAPORE: Oil prices fell in Asia Friday on a stronger dollar as traders grow concerned about Greece's troubled debt negotiations, while the International Energy Agency's prediction of an end to the recent surge in demand added downward pressure.US benchmark West Texas Intermediate for July delivery fell 22 cents to $60.55 while Brent crude for July eased 16 cents to $64.95 in late-morning trade. Oil prices turned "bearish after the dollar's rally against the euro on ...
Oil prices down in Asian trade SINGAPORE: Oil prices moved lower in Asia Thursday following a mixed US energy report that showed a huge decline in crude and gasoline reserves but record-high output levels, analysts said. US benchmark West Texas Intermediate fell 27 cents to $61.16 while Brent eased 19 cents to $65.51 in late-morning trade. The US Department of Energy's (DoE) inventory report for the week to June 5 showed Wednesday that crude reserves fell 6.8 million barrels and gasoline ...
Gas Malaysia to raise gas price by 10.3pc from July 1 KUALA LUMPUR: Gas Malaysia Bhd , Malaysia's sole supplier of natural gas except to the power sector, said on Tuesday evening gas prices supplied to commercial and industrial sectors would rise by an average of 10.3 percent from July 1.The tariff adjustment comes seven months after the last revision in October as part of a previous government plan to cut subsidies and reduce its budget deficit.The gas tariff in Peninsular Malaysia will increase to 21.80 ...


Index Closing Chg%
Arrow DJIA 17,619.51 0.13
Arrow Nasdaq 4,986.87 0.57
Arrow S&P 2,063.11 0.27
Arrow FTSE 6,520.98 1.50
Arrow DAX 10,944.97 1.25
Arrow CAC-40 4,790.20 1.63
Arrow Nikkei 20,235.73 0.63
Arrow H.Seng 26,250.03 1.09
Arrow Sensex 27,780.83 0.49

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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 $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJune 25, 2015
Reserves $17.457 bln