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Hong Kong ends 0.11pc down, Shanghai sinks further HONG KONG: Hong Kong shares ended 0.11 percent lower on Friday while Shanghai also finished a volatile session slightly down, following a painful sell-off in the previous session.The benchmark Hang Seng Index lost 30.12 points to close at 27,424.19 on turnover of HK$204.77 billion (US$26.42 billion).Traders tracked losses in Shanghai, which lost 0.18 percent, as well as a negative lead from Wall Street where fears over Greece's plodding debt reform talks is fuelling nervousness.The Dow dipped 0.20 percent, the S&P 500 shed 0.12 percent and the Nasdaq lost 0.17 percent.The biggest loser of the day in Hong Kong was Chinese real estate giant Evergrande, which slumped 26.92percent to HK$5.05, its biggest loss since it listed in 2009.The sell-off came after it was forced to cut the price of a share sale it had hoped would help service its huge debts. It sold the shares at an 18 percent discount to ...


European stocks diverge at open LONDON: Europe's stock markets diverged in opening trade on Friday, with London's benchmark FTSE 100 index up 0.11 percent at 7,048.62 points.Elsewhere, Frankfurt's DAX 30 gained 0.07 percent to 11,685.66 points, while the CAC 40 in Paris shed 0.11 percent to 5,132.08 compared with the closing levels on Thursday.Copyright AFP (Agence France-Presse), 2015

Nikkei posts 11th straight gain but Shanghai extends losses HONG KONG: Japan's Nikkei chalked up an eleventh straight gain Friday as the yen sat around 12-year lows against the dollar, while Shanghai extended losses following the previous day's hefty plunge.The euro continues to face downside pressure over concerns that Greece and its creditors will not reach an agreement on reforming its bailout, with the head of the IMF warning the crisis could end with the country leaving the eurozone.Tokyo pared most of its early ...

China shares slump 3.83pc in morning trade SHANGHAI: Chinese shares plunged 3.83 percent on Friday morning, extending its heavy losses after a 6.5 percent plunge the previous day on worries over tighter requirements for margin trading, dealers said.The benchmark Shanghai Composite Index fell 177.02 points to 4,443.25.The Shenzhen Composite Index, which tracks stocks on China's second exchange, sank 3.88 percent, or 107.05 points, to 2,649.88.Copyright AFP (Agence France-Presse), 2015

Asia stocks mostly higher, Nikkei rises for 11th day HONG KONG: Asian markets mostly rose Friday, with Japan's Nikkei up for an eleventh straight session as the yen sat near 12-year lows against the dollar, while Shanghai fell for a second day after a breakneck rally.The euro edged up but continues to face downward pressure over concerns that Greece and its creditors will not reach an agreement on reforming its bailout, with the head of the IMF warning the crisis could end with the ...

Tokyo stocks up 0.26pc by break TOKYO: Tokyo stocks cast off early losses to rise 0.26 percent Friday morning, extending gains after a 10-day rally, and heading for the longest winning streak in more than a quarter of a century.The Nikkei 225 index at the Tokyo Stock Exchange added 54.22 points to 20,605.68 by the break, while the Topix index of all first-section shares rose 0.17 percent, or 2.90 points, at 1,675.66.Shortly before markets opened, Japan posted a lacklustre string of ...

Hong Kong shares up 0.30pc at break HONG KONG: Hong Kong stocks rose 0.30 percent in the morning Friday, while Shanghai was also slightly higher after suffering a mauling in the previous session.The Hang Seng Index added 83.39 points to 27,537.70 by the break on turnover of HK$90.21 billion ($11.64 billion).In Shanghai the composite index, which plunged 6.5 percent on Thursday, edged up 0.12 percent, or 5.73 points, to 4,626.00.The Shenzhen Composite Index, which tracks stocks on China's second exchange, added 1.04 ...


 



 
IndexClosingChg%
ArrowDJIA 18,126.12 0.20
ArrowNasdaq 5,097.98 0.17
ArrowS&P 2,120.79 0.13
ArrowFTSE 7,040.92 1.11
ArrowDAX 11,677.57 0.79
ArrowCAC-40 5,137.83 0.86
ArrowNikkei 20,551.46 0.39
ArrowH.Seng 27,454.31 2.23
ArrowSensex 27,506.71 0.21





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyApril
Trade Balance $-1.795 bln
Exports $1.995 bln
Imports $3.790 bln
WeeklyMay 28, 2015
Reserves $17.494 bln