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Australia shares up 0.5pc on Wall St, trade subdued before Easter break SYDNEY: Australian shares rose 0.5 percent on Thursday morning as investors took heart from a modicum of stability on Wall Street after the recent heavy tech-driven selloff, though activity was subdued ahead of the long Easter and Anzac Day holiday break. The index-heavy finance sector underpinned the market. Westpac Banking Corp gained 0.9 percent and National Australia Bank added 0.6 percent. NAB said it has appointed Anthony Healy as managing director and chiefexecutive officer of Bank of New Zealand, replacing Andrew Thorburn.US stocks rose 1 percent overnight, advancing for a third straight session as Federal Reserve Chair Janet Yellen reaffirmed the central bank's commitment to keeping interest rates low.A major selloff in US tech shares in recent sessions had raised worries of a deeper pullback and valuation concerns, hitting sentiment across the globe The S&P/ASX 200 index tacked on 26 points to 5,445.9 by 0212 GMT.Trading was relatively thin, with ...

Asian stocks struggle higher, lack conviction SYDNEY: Asian share markets eked out gains on Thursday as dovish comments from the head of the US Federal Reserve combined with an upbeat economic assessment from the central bank to lift Wall Street for a third straight session. However, disappointing results from Google and IBM knocked their shares lower after the bell and could crimp technology stocks in the region. Indeed, the tech and telecoms sectors in Japan's Nikkei were in the red on ...

Vietnam index jumps 1.6pc at midday on bargain hunts HANOI: Vietnam's benchmark VN Index bounced back 1.56 percent by midday on Thursday from a six-week low close in the previous session as investors picked up cheap stocks after recent falls.The index tumbled 2.01 percent to end at its lowest level since March 4 on Wednesday in wide-ranging offloading of stocks, after having fallen for five straight trading days, Reuters data showed."Bargain hunting are seen for most shares, and the market is expected to extend ...

Hong Kong stocks up 0.24pc by lunch HONG KONG: Shares in Hong Kong rose 0.24 percent Thursday morning, following another rally on Wall Street in response to an upbeat report on the US economy and a Federal Reserve pledge to keep interest rates low.The benchmark Hang Seng Index added 53.86 points to 22,749.87 by the break on turnover of HK$21.04 billion ($2.71 billion). Copyright AFP (Agence France-Presse), 2014

Alibaba steals Yahoo's thunder ahead of IPO NEW YORK: If Yahoo appears back in favor, it can thank Alibaba, the Chinese Web giant in which it holds a big stake and that is set for a public stock offering.Yahoo shares soared 6.26 percent to close at $36.35 Wednesday on the heels of a better-than-expected quarterly report, but some were more focused on the Alibaba financial results buried in the document."The salient point of Yahoo's first quarter results was the very strong December ...

Tokyo stocks open down 0.15pc TOKYO: Tokyo stocks opened 0.15 percent lower on Thursday after posting their sharpest rise in two months the previous day.The Nikkei 225 index, which soared 3.01 percent on Wednesday on a weaker yen and bargain hunting on recent drops, slipped 21.73 points to 14,395.95 at the start."The Nikkei remains somewhat oversold, but could still see profit-taking if it rises to the 14,500 level," said SMBC Nikko Securities general manager of equities Hiroichi Nishi.Wall Street stocks ...

China shares up slightly in morning trade SHANGHAI: Chinese shares were slightly higher in morning trading Thursday but persistent economic worries might cap gains, dealers said.The benchmark Shanghai Composite Index edged up 0.12 percent, or 2.56 points, to 2,107.68.The Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 0.22 percent, or 2.39 points, to 1,087.45. Copyright AFP (Agence France-Presse), 2014


Index Closing Chg%
Arrow DJIA 16,408.54 0.10
Arrow Nasdaq 4,095.52 0.23
Arrow S&P 1,864.85 0.14
Arrow FTSE 6,625.25 0.62
Arrow DAX 9,409.71 0.99
Arrow CAC-40 4,431.81 0.59
Arrow Nikkei 14,417.53 0.01
Arrow H.Seng 22,760.24 0.28
Arrow Sensex 22,628.84 1.58

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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