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Australia shares edge higher on earnings, ex-dividend stocks cap SYDNEY/WELLINGTON: Australian shares nudged up on Wednesday thanks to strong earnings and firmer Wall Street stocks, though gains were capped by a handful of top-tier firms trading ex-dividend. The market has been underpinned in recent weeks by a batch of healthy corporate results, which have helped take some of the sting out of geopolitical tensions. Boral Ltd jumped 4.5 percent to its highest since early May of A$5.63 after it said it swung to an annual net profit, led by a recovery in construction activity and lower losses at its US business. Lend Lease Corp Ltd climbed 1.5 percent after its annual net profit jumped 50 percent, in line with recently upgraded company forecasts. "There still seems to be this trend where we're not seeing a lot of revenue growth in a lot of businesses, but we are seeing reasonable earnings growth and that's because there's still a lot of ...

Tokyo stocks close flat TOKYO: Tokyo stocks closed flat on Wednesday after sluggish trading as market participants remained cautious about the future of the Japanese economy.The Nikkei 225 index edged up 0.09 percent, or 13.60 points, to 15,534.82 while the Topix index of all first-section shares rose 0.07 percent, or 0.91 points, to 1,285.92.Copyright AFP (Agence France-Presse), 2014

Brokerages star as Seoul shares gain, won firms SEOUL: Shares in leading South Korean brokerages shot higher on Wednesday after the finance ministry announced a plan to allow riskier private investment in retirement pension funds, while the broader market edged up on external factors.Woori Investment & Securities jumped nearly 6 percent while Hyundai Securities soared more than 5 percent.Shares in Hanjin Shipping Holdings gained 2.3 percent after announcing second quarter profits of 140.6 billion won ($138.65 million), a return to positive territory after ...

Asia stocks highest since 2008, ECB talk pressures euro SYDNEY: The euro came close to cracking on Wednesday as feverish speculation of further policy stimulus in the euro zone drove bond yields to all-time lows and lifted Asian stocks to peaks not seen in almost seven years. The groundbreaking call by European Central Bank President Mario Draghi for more action on both the monetary and fiscal fronts has markets wagering that fresh steps could come as soon as next week when the central bank's ...

China shares lifted by aviation firms, Hong Kong benchmark flat HONG KONG: China shares eked out slim gains on Wednesday morning, thanks to stronger aviation and aerospace sectors that gained on strides made in manufacturing the country's first large aircraft. Hong Kong's main share index barely changed, but the gauge for H-shares outperformed underpinned by strength in the shares of China Oilfield Services due to strong earnings.By midday, the Hang Seng Index was flat at 25,067.18 points. The China Enterprises Index of the top Chinese ...

China shares up 0.15pc at open SHANGHAI: Chinese stocks rose 0.15 percent during early trade Wednesday as bargain hunters moved in after steep losses the previous session.The benchmark Shanghai Composite Index added 3.35 points to 2,210.46.The Shenzhen Composite Index, which tracks stocks on China's second exchange, was up 0.12 percent, or 1.44 points, at 1,203.90. Copyright AFP (Agence France-Presse), 2014

S&P 500 closes above 2,000 for first time NEW YORK: The S&P 500 finished above 2,000 for the first time on Tuesday, capping a steep climb from 676 in March 2009, when the market hit bottom during the Great Recession.But the narrower Dow Jones Industrial Average of blue chips missed its record, set in July, by a small gap at the close after having surged past it during trade.Wall Street sustained its climb Tuesday helped by more encouraging data on the US economy, ...


Index Closing Chg%
Arrow DJIA 17,122.01 0.09
Arrow Nasdaq 4,569.62 0.02
Arrow S&P 2,000.12 0.01
Arrow FTSE 6,830.66 0.12
Arrow DAX 9,569.71 0.19
Arrow CAC-40 4,395.26 0.04
Arrow Nikkei 15,534.82 0.09
Arrow H.Seng 24,918.75 0.62
Arrow Sensex 26,560.15 0.44

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 25, 2014
Reserves $13.925 bln