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Nikkei turns lower as investors take stock of economic challenges TOKYO: Japanese stocks turned lower on Wednesday as investors booked profits as they took stock of Prime Minister Shinzo Abe's decision to delay a sales tax hike, and the challenges policy makers continue to face to re-energise a tottering economy.The Nikkei benchmark closed down 0.3 percent at 17,288.75, reversing slim gains in the morning session.Market participants said a wait-and-see mood ahead of a press conference by Bank of Japan Governor Haruhiko Kuroda encouraged profit taking.Kuroda told reporters that the economy is likely to continue to grow above potential, but added that the BOJ will adjust its economic projections by assessing the growth trends.Earlier on Wednesday the BoJ kept monetary policy unchanged, as expected, saying that although weak points remain, the Japanese economy is recovering moderately. Mobile phone carrier Softbank shed 1.6 percent, and clothes brand Uniqlo owner Fast Retailing closed down 1.2 percent. Sony Corp lost 1.5 percent.The broader Topix ...


Tokyo stocks close 0.32pc lower, Nikkei fell 55.31 points TOKYO: Tokyo's Nikkei 225 stock index closed down 0.32 percent on Wednesday, after the Bank of Japan wrapped up a meeting with policymakers trimming their inflation expectations but holding off fresh easing, despite the economy slipping into recession.The benchmark Nikkei fell 55.31 points to 17,288.75, while the Topix index of all first-section shares closed almost flat, up 0.12 percent, or 1.66 points, to 1,396.54.The Japanese market ticked up at the start as the yen weakened ...

Tokyo stocks close 0.32pc lower TOKYO: Tokyo's Nikkei 225 stock index closed down 0.32 percent on Wednesday, after the Bank of Japan wrapped up a meeting with policymakers trimming their inflation expectations but holding off fresh easing, despite the economy slipping into recession.The benchmark Nikkei fell 55.31 points to 17,288.75, while the Topix index of all first-section shares closed almost flat, up 0.12 percent, or 1.66 points, to 1,396.54.Copyright AFP (Agence France-Presse), 2014

Vietnam index flat at midday in high volume HANOI: Vietnam's benchmark VN Index was unchanged at the break on Wednesday with some blue chips cushioning falls in most equities amid solid volume.Food producer Masan Group and Hanoi-based lender VietinBank led the 64 gainers on the exchange, rising 0.62 percent and 0.7 percent respectively, helping offset the losses of 101 other equities.Volume reached 94 million shares at the end of the morning session, compared to the five-day average of 131 million.Copyright Reuters, 2014

Hong Kong, China shares fall as large caps weaken HONG KONG/SHANGHAI: Hong Kong and mainland Chinese shares eased on Wednesday, pressured by profit-taking in large-cap stocks and further pressure on energy counters as oil prices extended their slide. By midday, the Hang Seng Index was down 0.3 percent at 23,462.1 points. The China Enterprises Index of the top Chinese listings in Hong Kong also dropped 0.3 percent. In the mainland, the CSI300 index was down 0.1 percent at 2,539.9 points, while the Shanghai Composite ...

Markets may consolidate, global backdrop mixed DUBAI: Stock markets in the Middle East may consolidate on Wednesday on thin domestic news flow and a mixed global backdrop of strong equities and weakening oil prices. Most markets in the region rebounded in the last session after Monday's sell-off as oil prices appeared to be stabilising near $80 per barrel ahead of an OPEC meeting next week. But Brent crude held steady below $79 a barrel on Wednesday as data showed Saudi Arabia ...

Hong Kong stocks down 0.29pc by lunch HONG KONG: Hong Kong stocks ended the morning session 0.29 percent lower Wednesday despite fresh record closing highs on Wall Street following solid economic data from Germany and the United States.The benchmark Hang Seng Index fell 67.07 points to 23,462.1 on turnover of HK$32.53 billion ($4.20 billion).Copyright AFP (Agence France-Presse), 2014


 



 
Index Closing Chg%
Arrow DJIA 17,810.06 0.51
Arrow Nasdaq 4,712.97 0.24
Arrow S&P 2,063.50 0.52
Arrow FTSE 6,750.76 1.08
Arrow DAX 9,732.55 2.62
Arrow CAC-40 4,347.23 2.67
Arrow Nikkei 17,357.51 0.33
Arrow H.Seng 23,437.12 0.37
Arrow Sensex 28,334.63 0.95






Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln