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Asian shares wither as Wall Street pulls back TOKYO: Asian shares fell on Wednesday, echoing losses on Wall Street as concerns about escalating violence in Iraq eclipsed stronger economic data. US Secretary of State John Kerry urged leaders of Iraq's autonomous Kurdish region on Tuesday to stand with Baghdad in the face of a Sunni insurgency, as security forces fought the rebels for control of the country's biggest oil refinery. A senior US intelligence official said that the insurgents were "well positioned" to hold a broad swathe of territory captured in northern and western Iraq unless the Baghdad government can muster a counter-offensive. MSCI's broadest index of Asia-Pacific shares outside Japan fell about 0.4 percent, while Japan's Nikkei stock average lost 0.5 percent. S&P futures eased on Wednesday, pointing to a weak start on Wall Street. In volatile US trading on Tuesday, the S&P 500 closed down more than half a percent in its sharpest loss since June ...

China shares fall on weaker banks, Hong Kong lacklustre HONG KONG: China shares fell in early trade on Wednesday, weighed down by underperforming financial institutions, while the benchmark index in Hong Kong eked out slim gains. By midday, the Hang Seng Index inched 0.1 percent higher to 22,905.11 points. The China Enterprises Index of the top Chinese listings in Hong Kong fell 0.4 percent. The CSI300 of the leading Shanghai and Shenzhen A-share listings slipped 0.6 percent. The Shanghai Composite Index was down 0.5 ...

Vietnam index up 0.8pc at midday HANOI: Vietnam's benchmark VN index was up 0.83 percent at midday on Wednesday, heading for a third straight day of gains with support from property and financial firms.Property firm Tan Tao Investment and Industry Corp rose 2.5 percent, HAGL gained 1.7 percent, and Saigon Securities Incorp advanced 2 percent.Vietnam shares advanced on Monday and Tuesday thanks to buying demand, having gained a combined 1.6 percent from a two-week low hit last Friday.On Tuesday volume jumped ...

South Korea stocks retreat, won down on Iraq crisis SEOUL: South Korean shares slipped on Wednesday as a deepening crisis in Iraq prompted some investors to book profits, while the won eased on stock outflows and importers' demand for dollars. The Korea Composite Stock Price Index (KOSPI) closed down 0.6 percent at 1,981.77 points, giving up more than half of Tuesday's 1 percent rise. Offshore investors positioned as net sellers by offloading 35 billion won ($34.39 million) worth of KOSPI shares, dragging Samsung Electronics ...

China shares down in morning trade SHANGHAI: Chinese stocks were lower in morning trade Wednesday, hurt by concerns over first-half corporate earnings and overnight losses in US stocks, dealers said.The benchmark Shanghai Composite Index fell 0.32 percent, or 6.51 points, to 2,027.42.The Shenzhen Composite Index, which tracks stocks on China's second exchange, shed 0.29 percent, or 3.11 points, to 1,065.39.Copyright AFP (Agence France-Presse), 2014

Asia shares slip on profit-taking as Wall St retreats HONG KONG: Asian markets slipped Wednesday following the previous day's gains, while investors took their lead from losses on Wall Street as the dollar edged down against the yen.US oil prices moved higher on worries following a report that Washington had decided to start exporting crude for the first time in four decades.Tokyo slipped 0.51 percent, Hong Kong added 0.21 percent, Sydney slipped 0.68 percent, Shanghai eased 0.47 percent and Seoul was 0.15 percent lower.With ...

Tokyo stocks down 0.42pc by break TOKYO: Tokyo stocks fell 0.42 percent Wednesday morning, tracking losses on Wall Street where profit-taking emerged in the wake of recent record-breaking rises.The Nikkei 225 index lost 64.95 points to 15,311.29 by the break, while the Topix index of all first-section issues slipped 0.28 percent, or 3.54 points, to 1,264.96."Stocks are long overdue for consolidation," said CSLA equity strategist Nicholas Smith.He downplayed any link between the day's drop and Prime Minister Abe's speech late Tuesday ...


Index Closing Chg%
Arrow DJIA 18,080.14 0.12
Arrow Nasdaq 5,092.09 0.71
Arrow S&P 2,117.69 0.23
Arrow FTSE 7,070.70 0.24
Arrow DAX 11,810.85 0.74
Arrow CAC-40 5,201.45 0.44
Arrow Nikkei 20,020.04 0.83
Arrow H.Seng 28,060.98 0.84
Arrow Sensex 27,437.94 1.07

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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyApril 16, 2015
Reserves $16.818 bln