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Asia shares slip on profit-taking HONG KONG: Asian markets slipped on profit-taking Thursday following the previous day's hefty gains but losses were limited after a closely watched indicator showed a slight pick-up in Chinese manufacturing activity.The dollar edged up following a surprising rise in US inflation while the euro faced fresh selling pressure owing to speculation that the European Central Bank will widen its bond-buying programme to boost the eurozone economy.Tokyo fell 0.39 percent, Hong Kong slipped 0.29 percent, Shanghai eased 0.24 percent, Seoul shed 0.22 percent and Sydney was flat.Regional markets have enjoyed a mostly positive run since Monday as concerns eased over the global economy that fuelled a sell-off last week.Shares opened in negative territory as traders cashed in recent gains. However, buying sentiment was lifted by a rise in HSBC's preliminary purchasing managers index of manufacturing activity.The bank said its PMI hit 50.4 in October, up from 50.2 in September, indicating activity ...

Takata shares drop on report of US air bag probe TOKYO: Shares in Japanese auto parts maker Takata sank 5.57 percent Thursday morning following on a report that US justice officials are investigating the firm over an air bag defect that may have killed several drivers.The firm fell to 1,592 yen ($15) by the break in Tokyo, after plunging 22 percent on Tuesday following an earlier air bag safety warning.The Wall Street Journal reported Wednesday that federal prosecutors in New York are probing whether Takata ...

European markets rise on talk of central bank action LONDON: Europe's main stock markets pushed upwards, supported by further speculation on central bank action, or delay in rate hikes, to support global economic growth.London's benchmark FTSE 100 index rose 0.25 percent to 6,388.57 points in afternoon trading, but sterling under pressure, after minutes from the latest Bank of England meeting showed no rush to raise interest rates.The CAC 40 in Paris climbed 0.48 percent to 4,100.88 points and Frankfurt's DAX 30 rose 0.50 percent ...

US stocks flat after good Yahoo, Boeing earnings NEW YORK: Wall Street stocks Wednesday opened little changed following solid earnings from Boeing and Yahoo as US equity markets paused after three days of gains. Five minutes into trade, the Dow Jones Industrial Average stood at 16,602,45, down 12.36 points (0.07 percent).The broad-based S&P 500 added 1.24 (0.06 percent) at 1,942.52, while the tech-rich Nasdaq Composite Index rose 1.94 (0.04 percent) to 4,421.42.Dow member Boeing advanced 0.1 percent after it raised its 2014 full-year ...

Tokyo shares jump 2.64pc by the close TOKYO: Tokyo stocks jumped 2.64 percent on Wednesday, reversing a sharp drop the previous day, as investors took their lead from another Wall Street rally.The Nikkei 225 index at the Tokyo Stock Exchange added 391.49 points to finish at 15,195.77 and the broader Topix index of all first-section shares rose 2.58 percent, or 31.05 points, to 1,236.41.The Nikkei suffered heavy selling last week and the start of this week saw it enjoy a four percent ...

European stocks open higher LONDON: Europe's main stock markets opened higher on Wednesday, extending slightly their recovery from last week's heavy falls.London's benchmark FTSE 100 index edged up 0.05 percent to 6,375.35 points and Frankfurt's DAX 30 won a solid 0.53 percent to 8,934.54.The Paris CAC 40 rose 0.24 percent to stand at 4,090.24 points compared with Tuesday's closing level."European markets will look to follow on from yesterday's gains and take the momentum of this mini recovery into today's ...

Asia shares boosted by Wall St rally HONG KONG: Asian markets mostly pushed higher Wednesday, taking a lead from fresh gains in New York and Europe in response to reports that the European Central Bank would widen its stimulus programme.Speculation about further monetary easing in the eurozone pushed the euro lower, while the dollar gave up some of its US gains in early Japanese trade.Tokyo -- which surged almost four percent Monday before losing 2 percent Tuesday -- jumped 2.64 percent, or ...


Index Closing Chg%
Arrow DJIA 16,677.90 1.32
Arrow Nasdaq 4,452.79 1.60
Arrow S&P 1,950.82 1.23
Arrow FTSE 6,419.15 0.30
Arrow DAX 9,047.31 1.20
Arrow CAC-40 4,157.68 1.28
Arrow Nikkei 15,138.96 0.37
Arrow H.Seng 23,333.18 0.30
Arrow Sensex 26,851.05 0.24

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln