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European stocks rebound on upbeat earnings LONDON: European stock markets rebounded on Thursday as traders reacted to a string of earnings updates, data pointing to further easing of eurozone economic strains, and fresh takeover speculation.Indices won a boost in particular from well-received profits news from Apple and Facebook on Wednesday following the close of trading on Wall Street, analysts said.The euro gained against the dollar, aided by upbeat German business confidence.London's benchmark FTSE 100 index rose 0.64 percent to stand at 6,717.71 points in late morning deals.Frankfurt's DAX 30 climbed 0.76 percent to 9,616.75 points, with data revealing that German business confidence rebounded this month, after a slight fall in March in Europe's biggest economy when companies worried about the Crimea crisis.The CAC 40 in Paris advanced 0.91 percent to 4,491.48 points compared with Wednesday's closing level.And in Madrid, the IBEX 35 gained 0.78 percent to 10,505.6 points after Spain's central bank said the country's economy ...

Oil prices rise on renewed Ukraine concerns LONDON: Oil prices rebounded on Thursday as heightened tensions in Ukraine overshadowed data showing US commercial crude inventories reaching an all-time high, analysts said.New York's West Texas Intermediate for delivery in June, rose 24 cents to $101.68 a barrel.Brent North Sea crude for June climbed seven cents to stand at $109.18 a barrel around midday in London.Both contracts had tumbled on Wednesday on the US stockpiles data, which indicated softer demand at a time of ...

Asian shares mixed after Wall St losses HONG KONG: Asian markets were mixed Thursday following losses on Wall Street, while Japanese traders were disappointed by the lack of progress on a stalled Pacific trade pact as US President Barack Obama visits Japan.The euro edged up, adding to gains Wednesday after a survey of business activity hit its highest level in almost three years in April.Tokyo, which rose more than one percent Wednesday, dropped 0.97 percent, or 141.28 points, to 14,404.99 and Seoul ...

Shares in French giant Alstom leap on rumoured GE bid PARIS: Shares in French engineering group Alstom, which builds power-generating equipment and high-speed trains, shot up nearly 14.0 percent in early trading on Thursday on rumours that US General Electric may make a takeover bid.Alstom, issued a statement to say that it had no knowledge of any such offer from General Electric (GE).Alstom shares, which surged initially by about 17.0 percent, shortly after were showing a gain of 13.87 percent to 27.72 euros on the ...

European stocks rise at open; Alstom surge LONDON: Europe's main stock markets rose at the start of trading on Thursday, with London's benchmark FTSE 100 index up 0.37 percent to 6,699.37 points.Frankfurt's DAX 30 climbed 0.55 percent to 9,597.07 points and in Paris the CAC 40 gained 0.61 percent to stand at 4,478.27 compared with the previous day's close.French industrial giant Alstom was the star performer, surging initially by 17 percent on reports that it could be bought by US titan General ...

Tokyo stocks close down 0.97pc TOKYO: Tokyo stocks fell 0.97 percent on Thursday as US President Barack Obama and Japanese Prime Minister Shinzo Abe failed to announce any breakthrough in stalled talks over a huge trans-Pacific trade deal.The Nikkei 225 index closed down 141.28 points to finish at 14,404.99, while the Topix index of all first-section shares was down 0.76 percent, or 8.91 points, at 1,164.90.Copyright AFP (Agence France-Presse), 2014

Hong Kong stocks up 0.10pc by lunch HONG KONG: Shares in Hong Kong climbed 0.10 percent in the morning session on Thursday following two days of losses and despite a sell-off on Wall Street.The benchmark Hang Seng Index added 23.56 points to 22,533.20 by the break on turnover of HK$27.62 billion ($3.56 billion).Copyright AFP (Agence France-Presse), 2014


ArrowDJIA 16,501.65 0.08
ArrowNasdaq 4,126.97 0.83
ArrowS&P 1,875.39 0.22
ArrowFTSE 6,674.74 0.11
ArrowDAX 9,544.19 0.58
ArrowCAC-40 4,451.08 0.74
ArrowNikkei 14,546.27 1.09
ArrowH.Seng 22,509.64 0.97
ArrowSensex 22,876.54 0.52

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