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Hong Kong shares end 0.28pc higher, Hang Seng Index ended up 64.23 points HONG KONG: Hong Kong shares closed 0.28 percent higher on Thursday following a third straight rally on Wall Street.The benchmark Hang Seng Index ended up 64.23 points at 22,760.24 on turnover of HK$42.80 billion (US$5.52 billion).The index added to gains the previous day which came after China said growth in the world's number two economy expanded 7.4 percent year-on-year in January-March.While the figure was lower than the 7.7 percent seen in the final three months of last year, it was slightly up on the 7.3 percent median forecast in a survey of 13 economists by AFP.Traders were given a lift by the rise on Wall Street. The three main indexes jumped after the Fed's closely watched Beige Book report said the economy was showing clear signs of picking up after being caught by a severe winter freeze.Separately, Fed boss Janet Yellen said she still believed there was a need to ...


Google, IBM cast shadow LONDON: European stocks dipped on Thursday as disappointing earnings from US tech heavyweights Google and IBM dampened the previous session's upbeat tone on Wall Street, and the dollar weakened on dovish remarks from the Federal Reserve. Google Inc fell as much as 6 percent after first-quarter revenue fell short of Wall Street targets and margins narrowed as its ads prices decline persisted. Shares in IBM Corp fell as much as 4 percent after the world's ...

Vietnam index ends up 1.05pc on widespread buying HANOI: Vietnam's benchmark VN Index climbed 1.05 percent to close at 580.31 points on Thursday as investors picked up cheap shares after recent falls."Given such sharp drop in the previous session while there was no bad news, some investors thought it was a good time to join the market," said analyst Nguyen Hoang Phuong at Ho Chi Minh City Securities.The index closed at a six-week low on Wednesday after having fallen for five straight sessions.Most ...

China iron ore falls for 6th day; flurry of spot deals SHANGHAI: Chinese iron ore futures extended losses into a sixth session on Thursday as a slowing economy in the world's top consumer of the steelmaking raw material is expected to keep demand subdued.Ten cargoes of 61.2 percent-grade Australian Pilbara iron ore fines were sold on the Singapore-based globalORE platform, with some deals struck at between $116.5-117.5 a tonne on Thursday, traders said."Weak steel sales and high iron ore inventories don't support such quick, big deals, ...

Hong Kong shares end 0.28pc higher HONG KONG: Hong Kong shares closed 0.28 percent higher on Thursday following a third straight rally on Wall Street.The benchmark Hang Seng Index ended up 64.23 points at 22,760.24 on turnover of HK$42.80 billion (US$5.52 billion).In China, the benchmark Shanghai Composite Index slipped 0.30 percent, or 6.24 points, to 2,098.88 on turnover of 74.3 billion yuan ($11.9 billion). The Shenzhen Composite Index, which tracks stocks on China's second exchange, edged up 0.11 percent, or 1.17 ...

Asian shares mixed after US report, Fed comments HONG KONG: Asian markets were mixed Thursday as a positive report on the US economy and the Federal Reserve chief's pledge to keep interest rates at record lows were offset by profit-taking after the previous day's gains.Wall Street provided another positive lead, with the technology-weighted Nasdaq leading a third-straight rally after last week's heavy sell-off.Tokyo, which surged more than three percent on Wednesday, gave up morning gains to end flat, dipping 0.15 points to 14,417.53, ...

Tokyo stocks close flat after previous day's surge TOKYO: Tokyo stocks closed flat Thursday, a day after the Nikkei 225 index posted its sharpest rise in two months, while analysts said there were lingering concerns about the impact of this month's sales tax rise in Japan.The benchmark Nikkei -- which soared 3.01 percent on Wednesday -- edged down 0.15 points to 14,417.53, while the Topix index of all first-section shares also closed flat, inching up 0.04 points to close at 1,166.59.The Nikkei spent ...


 



 
IndexClosingChg%
ArrowDJIA 16,424.85 1.00
ArrowNasdaq 4,086.23 1.29
ArrowS&P 1,862.31 1.05
ArrowFTSE 6,584.17 0.65
ArrowDAX 9,317.82 1.57
ArrowCAC-40 4,405.66 1.39
ArrowNikkei 14,417.68 3.01
ArrowH.Seng 22,696.01 0.11
ArrowSensex 22,277.23 0.92





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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln