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China shares up in morning trade SHANGHAI: Chinese stocks were higher in morning trade Monday on buying of heavyweight bank shares, driven by hopes for more reforms in the sector, dealers said.The benchmark Shanghai Composite Index jumped 0.87 percent, or 18.51 points, to 2,145.12.The Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 0.63 percent, or 6.95 points, to 1,118.47.China's banking regulator last week approved the setting up of three private banks in a long-awaited development. Copyright AFP (Agence France-Presse), 2014

European stocks fall on weaker German confidence LONDON: Europe's stock markets dropped on Friday as a fall in German business confidence offset positive British growth data, while traders reacted to a huge tie-up of the continent's pay-TV sector.In Paris, the CAC 40 shed 1.82 percent to 4,330.55 points after poor company results following three consecutive days of gain.Frankfurt's DAX 30 index lost 1.53 percent to 9,644.01 compared with Thursday's close.London's benchmark FTSE 100 index dipped 0.44 percent to stand at 6,791.55 points ...

European stocks end down LONDON: European stock markets closed down on Friday, with Frankfurt's main DAX index falling 1.53 percent to 9,644.01 points.London's benchmark FTSE 100 index slipped 0.44 percent to 6,791.55 points, while in Paris the CAC 40 dropped 1.82 percent at 4,330.55.Copyright AFP (Agence France-Presse), 2014

Amazon, Visa results disappoint, drag on Wall Street NEW YORK: Disappointing earnings from Amazon and Visa dragged US stocks lower on Friday in a broad selloff led by consumer discretionary shares. Amazon tumbled 10.7 percent to $320.11 after reporting an unexpectedly big loss for the second quarter, citing greater expenses on investments.With more than 7 million shares traded in the first 45 minutes of action, volume was already above the average for the past 10 days. "Earnings have been the driving force of ...

TSX gains as banks lead, eyeing 0.8pc gain on week TORONTO: Canada's main stock index rose on Friday and was still on track for a 0.8 percent gain in a week of all-time highs, as financial stocks and some resource names gained.The Toronto Stock Exchange's S&P/TSX composite index has climbed into virgin territory in recent days. Investors are confident that economic fundamentals underpin the rally, despite worries of a pullback."It is sustainable but in the short term we could very well have a consolidation," Rick ...

Wall St set to dip at open, Amazon weighs NEW YORK: US stocks were set to dip at the open on Friday, weighed by weak results including those from Amazon, with the S&P 500 expected to remain near its record high and within striking distance of 2,000. Amazon shares tumbled more than 10 percent in premarket trading after investment in new businesses cut into earnings and the company reported a much larger-than-expected loss in the second quarter. Orders for long-lasting US manufactured goods rose ...

Vietnam index falls 0.3pc; BIDV outperforms on dividend plan HANOI: Vietnam's benchmark VN Index lost 0.32 percent on Friday, coming down from a near four-month high the previous day, with lender BIDV bucking the trend to reach its highest since May 7 on news of its 2013 dividend plan.The bank was up 3.38 percent, with 17.4 million shares traded, the highest volume in four months, Reuters data showed.BIDV will pay 850 dong ($0.04) per stock, or 8.5 percent of face value, as its 2013 ...


Index Closing Chg%
Arrow DJIA 16,960.57 0.72
Arrow Nasdaq 4,449.56 0.50
Arrow S&P 1,978.34 0.48
Arrow FTSE 6,791.55 0.44
Arrow DAX 9,644.01 1.53
Arrow CAC-40 4,330.55 1.82
Arrow Nikkei 15,457.87 1.13
Arrow H.Seng 24,216.01 0.31
Arrow Sensex 26,126.75 0.55

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln