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Tokyo stocks open 1.46pc lower TOKYO: Tokyo stocks opened 1.46 percent lower on Wednesday after US shares fell and the dollar dropped on concerns over a potential tapering of the Federal Reserve's huge stimulus package.The benchmark Nikkei 225 index fell 229.46 points to 15,520.20 at the start."There is a sense of overheat in the market," said Hiroichi Nishi, general manager of equities at SMBC Nikko Securities."Profit-taking may be seen as both domestic and blue-chip exporters have been overbought on the back of recovering global economies," he added.Profit-taking saw the dollar dip on Tuesday ahead of a series of figures this week that could provide clues as to when the Federal Reserve will reduce its stimulus.The dollar fetched 102.45 yen early Wednesday against 102.48 yen in New York Tuesday afternoon. The latest rate was sharply down from 103.25 yen in Asia on Tuesday.A stronger yen is negative for Japanese exporters as it erodes their competitiveness abroad ...

Brent steady above $111 on stronger demand outlook for oil SINGAPORE: Brent crude held steady above $111 a barrel on Tuesday on an improving demand outlook after recent strong global economic data and on worries of lower supplies. Oil prices surged on Monday to 11-week highs after data showed US factory activity expanded last month at its fastest pace in 2-1/2 years. That came after a report showing manufacturing growth in China, the world's No. 2 oil consumer, hit an 18-month high in November. "Demand ...
Oil prices edge higher after upbeat Chinese data SINGAPORE: Oil prices rose in Asian trade Monday as dealers welcomed upbeat manufacturing data in China, the world's top energy consumer, analysts said. New York's main contract, West Texas Intermediate for January delivery, was up 47 cents at $93.19 in afternoon trade while Brent North Sea crude for January climbed 39 cents to $110.08.Official data Sunday showed China's manufacturing growth in November maintained its strong pace from the previous month to stay at a 19-month ...
Brent climbs above $110 on China data, supply concerns SINGAPORE: Brent crude edged above $110 a barrel on Monday after Chinese industrial activity clung to an 18-month high last month and amid continued supply disruptions in Libya. Oil prices were boosted by data showing manufacturing growth in China, the world's biggest crude importer, held at an 18-month high in November on firm domestic and foreign demand, despite worries the economy is facing a modest slowdown. "Risk assets came back on with the positive numbers ...
New Zealand's Z Energy to buy diesel, gasoline from Korea SINGAPORE: New Zealand fuel company Z Energy plans to buy about 600 million litres, or more than 3.7 million barrels, of gasoline and diesel through a term contract from a South Korean refiner, the company said on Friday.The contract, which is expected to be formally signed next month, will come into effect on Jan. 1 and follows a 19-month relationship with the same refiner through an intermediary, Z Energy said in a statement on Friday.Z ...
Hong Kong stocks rise 0.32pc by lunch HONG KONG: Hong Kong stocks ended the morning session 0.32 percent higher Friday in quiet trade owing to a holiday in US markets.The benchmark Hang Seng Index rose 74.99 points to 23,864.08 on turnover of HK$21.64 billion ($2.79 billion).Copyright AFP (Agence France-Presse), 2013 ...
US oil prices extend losses over stockpiles surge SINGAPORE: US oil prices fell further in Asian trade Thursday as dealers focused on an unexpectedly large surge in stockpiles, stoking concerns about oversupply in the world's biggest economy. New York's main contract, West Texas Intermediate (WTI) for January delivery was down eight cents at $92.22 in afternoon trade, after sinking $1.38 in New York trade on Wednesday to its lowest closing price since May 31. European benchmark Brent North Sea crude for January rose ...


Index Closing Chg%
Arrow DJIA 17,810.06 0.51
Arrow Nasdaq 4,712.97 0.24
Arrow S&P 2,063.50 0.52
Arrow FTSE 6,750.76 1.08
Arrow DAX 9,732.55 2.62
Arrow CAC-40 4,347.23 2.67
Arrow Nikkei 17,357.51 0.33
Arrow H.Seng 23,437.12 0.37
Arrow Sensex 28,334.63 0.95

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