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European shares rise as DAX and Greek markets rally LONDON: European shares climbed higher on Friday, boosted by encouraging corporate earnings and upbeat economic data, while the volatile Athens market also rose on prospects for a deal over Greece's debt crisis.The FTSEurofirst 300 was up 0.5 percent at 1,629.34 points going into the middle of the trading session. The index reversed most of the previous session's drop and was just 1.5 percent below a 2015 peak hit last week, which marked its highest level since 2000. Germany's DAX advanced 0.8 percent, putting it within reach of record highs hit earlier this year, as data showed that German business morale had risen to its highest level in almost a year in April. There was also optimism regarding Greece, after German Chancellor Angela Merkel said she had a "constructive" meeting with Greek Prime Minister Alexis Tsipras. The Athens ATG index rose 4.3 percent, with Greek banks up 10.4 percent, although the ...

Indian shares close at 3-1/2 month low; Infosys slumps MUMBAI: Indian shares fell more than 1 percent on Friday to their lowest close in nearly three-and-a-half months, dragged down by a 6 percent slump in Infosys after the software services exporter's January-March earnings fell short of expectations. The benchmark BSE index closed 1.07 percent lower at 27,437.94, falling 3.53 percent in the week.The broader NSE index ended 1.1 percent lower at 8,305.25, down 3.5 percent in the week. Both the indexes closed at their ...

Hong Kong stocks close 0.84pc higher to breach 28,000 HONG KONG: Hong Kong shares rose 0.84 percent Friday, breaching the 28,000-point barrier for the first time in seven years, following a record-breaking lead from Wall Street, and as investors bet on China introducing more stimulus measures.The benchmark Hang Seng Index (HSI) added 233.28 points to 28,060.98 -- the first close above 28,000 since December 2007. Turnover was HK$167.40 billion ($21.60 billion). The HSI was up 1.45 percent over the week.Profit-takers vied with mainland traders ...

European stocks climb at open LONDON: Europe's main stock markets advanced at the start of trading on Friday, with London's benchmark FTSE 100 index up 0.26 percent at 7,072.36 points.Frankfurt's DAX 30 index won 0.51 percent to 11,783.56 points and the CAC 40 in Paris gained 0.46 percent to 5,202.63 compared with Thursday's close.Copyright AFP (Agence France-Presse), 2015

Nikkei falls to snap 3-day winning streak; oil shares gain TOKYO: Japan's Nikkei share average fell on Friday, snapping a three-day winning streak as investors took profits, although energy-related shares outperformed on a rise in crude oil prices.The Nikkei 225 benchmark index ended 0.8 percent lower at 20,020.04. For the week it rose 1.9 percent.The broader Topix dropped 0.4 percent to 1,618.84 and the JPX-Nikkei Index 400 declined 0.5 percent to 14,677.06.Copyright Reuters, 2015

Australia shares jump on commodity rally SYDNEY/WELLINGTON: Australian shares rose the most in nearly five weeks on Friday with miners and energy stocks benefiting from an overnight rally in crude oil and iron ore prices.The S&P/ASX 200 index rose 1.3 percent, or 75.6 points to 5,921.0 by 0218 GMT. Market turnover was exaggerated ahead of options expiry. The benchmark closed up 0.1 percent on Thursday.The market has had a poor run lately with discouraging economic news from China, a key iron ...

China stocks fall on IPO concerns; Hong Kong also down SHANGHAI: China stocks fell on Friday morning, dragged by financial heavyweights, after the country's securities regulator said it would accelerate approval of initial public offerings in an apparent effort to cool the red hot market.Late on Thursday, the China Securities Regulatory Commission (CSRC) approved a new batch of 25 IPOs, and said it would publish two lists of approved IPOs each month, up from one currently.This shows that "regulators are concerned with the pace of ...


ArrowDJIA 18,080.14 0.12
ArrowNasdaq 5,092.09 0.71
ArrowS&P 2,117.69 0.23
ArrowFTSE 7,070.70 0.24
ArrowDAX 11,810.85 0.74
ArrowCAC-40 5,201.45 0.44
ArrowNikkei 20,020.04 0.83
ArrowH.Seng 28,060.98 0.84
ArrowSensex 27,437.94 1.07

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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 $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyApril 16, 2015
Reserves $16.818 bln