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Hong Kong shares end down 0.38pc HONG KONG: Hong Kong shares fell 0.38 percent Tuesday, a third straight drop, with developers and Chinese banks the main losers as the index continued to correct after a 10-day winning streak.   The benchmark Hang Seng Index eased 82.47 points to 21,428.58 on turnover of HK$46.08 billion ($5.95 billion).   "The market may take a breather in November and then resume the uptrend in December for a traditional year-end rally," Ben Kwong, chief operating officer at KGI Asia, told Dow Jones Newswires.   China banks were hurt after China Citic Bank reported its third-quarter net profit fell 15 percent year-on-year.   ICBC fell 1.8 percent to HK$5.03, China Construction Bank slipped 1.4 percent to HK$5.71 and Bank of China closed down 1.6 percent at HK$3.12.   Hong Kong property firms fell for a second straight session, with New World Development off 2.8 percent at HK$11.74 on top of its 6.4 percent fall Monday in reaction to government measures to ...

TSX steady after encouraging US GDP data  TORONTO: Canadian stocks were little changed in choppy trade on Friday after US economic growth data for the third quarter came in higher than expected and offset uninspiring corporate earnings reports.   US gross domestic product expanded at a 2 percent annual rate in the quarter as a late burst of consumer spending outweighed the first business cutbacks in investment in more than a year. GDP growth in the second quarter was 1.3 percent.   Among heavyweight gainers, Enbridge ...

Wall Street steady as data offsets earnings  NEW YORK: US stocks were little changed on Friday, after data showed the economy grew at a faster pace than expected, overshadowing recent concerns about a disappointing earnings season so far.   Investor sentiment got a boost after the Commerce Department said US gross domestic product expanded at a 2.0 percent annual rate.   That follows 1.3 percent growth in the second quarter, and was just a tick above the 1.9 percent estimate of analysts polled by Reuters.   Still, the ...

Latam stocks mixed as US GDP offsets profit taking  SAO PAULO: Latin American stocks were mixed on Friday as a slight improvement in US economic growth failed to offset profit-taking in Brazilian shares.   The MSCI Latin American stock index fell 0.18 percent to 3,682.10 and was on track to close the session with a 1 percent weekly loss, its worst in a month.   Profit taking in mining firm Vale after its biggest jump in six months on Thursday drove Brazil's benchmark Bovespa index to its fourth ...

European shares eke out small gains after US GDP  LONDON: European shares eked out small gains on Friday after better-than-expected US economic growth figures helped outweigh the impact on investor sentiment of yet more gloomy corporate outlooks.   The FTSEurofirst 300 provisionally closed up 0.2 percent at 1,097.94, after a choppy session that had initially been weighed by fresh concerns over the outlook for regional corporates.   Ericsson, Renault, Saint Gobain and Publicis among those reporting weak numbers or cutting outlooks in Europe.   These numbers came in the aftermath ...

US stocks lower in early trade  NEW YORK: US stocks were lower in early trade Friday under the shadow of earnings disappointments from tech giants Apple and Amazon but tempered by a slightly better-than-expected estimate of GDP growth in the third quarter.   At 11:30 am (1530 GMT) the Dow Jones Industrial Average was down 8.34 points (0.06 percent) at 13,095.34.   The broad-based S&P 500 lost 2.88 (0.20 percent) at 1,410.09, while the Nasdaq Composite slipped 6.08 (0.20 percent) to 2,980.04.   The first government estimate ...

Hong Kong shares snap 10-day winning streak, China hits 3-week low  HONG KONG: Hong Kong shares snapped a ten-day winning streak on Friday, as the Hang Seng Index retreated from 2012 highs, dragged down by China Unicom's 7.6 percent slump after posting disappointing third quarter corporate earnings.   The Hang Seng Index lost 1.2 percent on the day, closing flat on the week, snapping seven weeks of gains.   The China Enterprises Index of the top Chinese listings in Hong Kong shed 1.6 percent on the day and dropped 2.2 ...


Index Closing Chg%
Arrow DJIA 16,501.65 0.08
Arrow Nasdaq 4,126.97 0.83
Arrow S&P 1,875.39 0.22
Arrow FTSE 6,674.74 0.11
Arrow DAX 9,544.19 0.58
Arrow CAC-40 4,451.08 0.74
Arrow Nikkei 14,546.27 1.09
Arrow H.Seng 22,509.64 0.97
Arrow Sensex 22,876.54 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 $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln