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Nikkei rises for 10th day on strong US shares, data TOKYO: Japan's Nikkei share average rose for the 10th consecutive session on Friday morning thanks to a record close on Wall Street after upbeat US economic data.Shinsei Bank outperformed the market, rising 2.3 percent after the Nikkei business daily said the bank is planning to bid for Citigroup's Japanese retail banking operations, hoping to take over the wealthy clientele the US bank has built up over decades.Overall, trading was subdued as investors were focused on Federal Reserve Chair Janet Yellen's speech on Friday at the annual gathering of central bankers in Jackson Hole, Wyoming.The Nikkei tacked on 0.2 percent to 15,611.35, moving close to a three-week high of 15,759.66 hit on July 31. It rose for a tenth day, the longest winning streak since 1988.For the week, the index has gained nearly 2 percent.US home resales raced to a 10-month high in July and the number of Americans filing new ...


Asian shares hitch a ride on Wall Street's record TOKYO: An index of Asian shares neared a six-and-half-year peak on Friday and was poised for a weekly gain, after upbeat US economic data sparked another record close on Wall Street. Still, investors were cautious ahead of a speech by Federal Reserve Chair Janet Yellen later in the day at the annual gathering of central bankers in Jackson Hole, Wyoming, which will be studied for any fresh signals about the timing of US interest rate ...

Nikkei snaps 9-day gains but strong US data limit loss TOKYO: Japan's Nikkei share average snapped a nine-day winning streak on Friday, as investors booked profits from recent gains although upbeat US economic data limited the losses.The Nikkei reversed earlier rises to end 0.3 percent lower at 15,539.19. For the week, the index gained 1.4 percent, rising for the second straight weeks.The broader Topix dropped 0.4 percent to 1,286.07, and the JPX-Nikkei Index 400 also declined 0.4 percent to 11,710.49.Investors were focused on Federal Reserve ...

South Korean shares buoyed by Wall St, won up as dollar loses steam SEOUL: South Korean shares climbed on Friday, tracking the global equities rally after Wall Street reached another record high on the back of upbeat economic data. The Korea Composite Stock Price Index (KOSPI) closed up 0.61 percent at 2,056.75 points. The index slipped 0.3 percent lower for the week. The South Korean won rose as the recent dollar rally lost momentum, with investors taking a wait-and-see approach ahead of a key speech by Fed Chair ...

Australia shares close higher for a 7th day, up 1.4pc for week SYDNEY: Australian shares edged 0.1 percent higher on Friday, boosted by solid earnings from Santos Ltd which supported the energy sector, though gains were tempered as some stocks traded ex-dividend. Santos jumped 3.9 percent to A$15.16, its highest since November 2013. The S&P/ASX 200 index added 6.7 points to 5,645.6 at the close of trade, and gained 1.4 percent for the week, climbing for a second week. The benchmark posted its seventh consecutive session of ...

China share indexes edge up, produce gains for sixth consecutive week HONG KONG: China shares produced a sixth straight weekly gain - the longest such streak since March 2012 - though extending it will be challenging given fresh concern about the pace of Chinese economic growth. The Shanghai Composite Index rose 0.5 percent on Friday to end at 2,240.81 points, and gained 0.6 percent this week. The CSI300 of the leading Shanghai and Shenzhen A-share listings was also up 0.5 percent on the day, letting it ...

Turkish markets mixed ahead of Yellen's speech ISTANBUL: Turkish markets were mixed on Friday as investors awaited US Federal Reserve Chair Janet Yellen's speech for signals on the timing of rate hikes. Attention also focused on the make-up of the next Turkish government, after Foreign Minister Ahmet Davutoglu was nominated as the next prime minister. The Fed hinted that a surprisingly strong recovery in the US jobs market may lead it to raise interest rates earlier than it had been expecting. Turkey ...


 



 
IndexClosingChg%
ArrowDJIA 17,039.49 0.36
ArrowNasdaq 4,532.11 0.12
ArrowS&P 1,992.37 0.29
ArrowFTSE 6,777.66 0.33
ArrowDAX 9,401.53 0.93
ArrowCAC-40 4,292.93 1.23
ArrowNikkei 15,586.20 0.85
ArrowH.Seng 24,994.10 0.66
ArrowSensex 26,360.11 0.17





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 15, 2014
Reserves $14.264 bln