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Hong Kong, China shares up on cross-border trading link, good factory survey HONG KONG: China shares jumped on Thursday, outshining Asian peers and pulling up Hong Kong, as more investors plowed money in on hopes for a coming change expected to make it much easier for foreigners to buy Shanghai stocks. Sentiment was further bolstered by a preliminary HSBC survey that showed China's factory activity expanded at its fastest pace in 18 months in July as new orders surged.At midday, the Hang Seng Index was 0.4 percent at 24,065.29 points. It briefly reached 24,108, only short of 4 points that would have taken it to a 39-month high. The China Enterprises Index of the top Chinese listings in Hong Kong gained 0.8 percent to its highest this year.The CSI300 of the leading Shanghai and Shenzhen A-share listings, which has risen the past four days, surged 1.3 percent, while the Shanghai Composite Index was up 0.8 percent at 2,095.85 points. Both stood at ...

Tokyo stocks close down 0.29pc TOKYO: Tokyo stocks lost modest early gains to finish down 0.29 percent on Thursday, but a slightly stronger yen helped prop up the Japanese market.The benchmark Nikkei 225 index lost 44.14 points to close at 15,284.42, while the Topix index of all first-section issues declined 0.20 percent, or 2.53 points, to 1,269.86.Copyright AFP (Agence France-Presse), 2014

Asia stocks supported as China's factories revive SYDNEY: Asian stocks edged higher on Thursday as US tech earnings impressed and a surprisingly strong reading on Chinese manufacturing bolstered hopes for recovery in the world's second-biggest economy. The HSBC flash PMI for China came in at 52.0 for July, well above forecasts of a small rise to 51 in July and the highest reading in 18 months.There was also good news on the outlook, with a sub-index of new orders reaching 53.7. The ...

Nikkei edges down as market awaits earnings; Gaza concern curbs risk appetites TOKYO: Japan's Nikkei share average edged down on Thursday in choppy trade as investors awaited Japanese quarterly results, while geopolitical worries about Gaza curbed risk appetites, offsetting a strong private survey on Chinese manufacturing.The Nikkei ended 0.3 percent lower at 15,284.42 after trading in positive territory earlier.The broader Topix dropped 0.2 percent to 1,269.86, and the JPX-Nikkei Index 400 shed 0.2 percent to 11,563.00. Copyright Reuters, 2014

Australia shares extend six-year high, bouyed by China PMI SYDNEY: Australian shares closed 0.2 percent higher on Thursday, extending a six-year high as Wall Street climbed and sentiment was boosted by a preliminary Chinese manufacturing index rising at its fastest pace in 18 months. The S&P/ASX 200 index added 11.1 points to 5,587.8 at the close of trade, a fresh 6-year high. The benchmark added 0.6 percent on Wednesday. New Zealand's benchmark NZX 50 index added 0.5 percent to 5,174.7. Copyright Reuters, 2014

Nikkei edges up as weak yen helps mood; China PMI, Japan earnings in focus TOKYO: Japan's Nikkei share average edged up on Thursday morning as the slightly weakening yen supported sentiment, but geopolitical worries over Ukraine and Gaza kept activity in check.Investors stayed on the sidelines as they were also focused on a manufacturing survey from China later in the day as well as quarterly results from Japanese companies after the market close.The Nikkei rose 0.2 percent to 15,351.63 in mid-morning trade after ending 0.1 percent lower on the ...

Australia shares nudge higher on China PMI; banks lead SYDNEY/WELLINGTON: Australian shares added 0.2 percent on Thursday, extending a six-year high, as Wall Street climbed and sentiment was boosted by a preliminary Chinese manufacturing index rising at its fastest pace in 18 months. Banks propped up the local market with Commonwealth Bank of Australia and National Australia Bank adding 0.4 percent and 0.2 percent each. The S&P/ASX 200 index added 8.2 points to 5,584.9 by 0222 GMT, its highest since June 2008. The benchmark ...


Index Closing Chg%
Arrow DJIA 16,982.59 0.13
Arrow Nasdaq 4,444.91 0.10
Arrow S&P 1,978.91 0.03
Arrow FTSE 6,788.07 0.05
Arrow DAX 9,598.17 0.48
Arrow CAC-40 4,344.77 0.33
Arrow Nikkei 15,529.40 0.46
Arrow H.Seng 24,428.63 0.88
Arrow Sensex 25,991.23 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 $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln