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European stock markets drop on easing Syria concerns LONDON: Europe's main stock markets fell on Friday as investors digested easing concerns about an imminent Western strike on Syria, after lawmakers voted against Britain's involvement.London's FTSE 100 dipped 0.59 percent to stand at 6,445.16 points in late morning deals in the British capital.Frankfurt's DAX 30 reversed 0.66 percent to 8,140.90 points and the CAC 40 in Paris shed 0.65 percent to 3,960.42. Madrid's IBEX 35 lost 0.81 percent in value.In foreign exchange activity, the European single currency firmed to $1.3247 from $1.3241 late on Thursday. The dollar slipped to 98.12 yen from 98.32 yen.Sterling firmed to 85.51 pence for a euro, but slipped against the dollar to $1.5494."Markets do not like wars; the reaction was pretty clear in the past couple of days," said Gekko Markets trader Anita Paluch."Now the strike on Syria is not imminent there is a little bit of relief."US plans to build an international coalition ...


British investors load up on stocks LONDON: British investors boosted their stock holdings to the highest level in more than two and a half years in August and trimmed their exposure to bonds as they became more optimistic about the global economic outlook.In a monthly survey of 14 British-based investment managers, the average allocation to equities in global balanced portfolios rose to 55.8 percent, from 53.9 percent in July.Bond holdings fell to 23 percent from 23.8 percent in July, the lowest ...

Hong Kong stocks end 0.12pc higher, Hang Seng Index added 26.59 points HONG KONG: Hong Kong shares ended 0.12 percent higher Friday following a second straight rally on Wall Street as dealers cheered data showing the US economy growing faster than first thought.The benchmark Hang Seng Index added 26.59 points to 21,731.37 on turnover of HK$50.48 billion ($6.51 billion).However, heavily weighted bank shares dragged on the index, with a possible rise in bad loans this year overriding better-than-expected first-half results this week.Bank of China fell 0.6 percent ...

Tokyo investors watch for US jobless data next week TOKYO: Tokyo investors will look to US unemployment figures next week ahead of a key meeting of the Federal Reserve mid-September, while focusing on threatened military action against Syria.The United States is scheduled to release August payroll data next Friday, with economists expecting the employment picture to brighten, marking another pick-up in the world's largest economy.Some analysts forecast the unemployment rate will remain unchanged at its four-year low of 7.4 percent in August."It's quite likely ...

European stock markets drop on easing Syria concerns LONDON: Europe's main stock markets fell on Friday as investors digested easing concerns about an imminent Western strike on Syria, after lawmakers voted against Britain's involvement.London's FTSE 100 dipped 0.59 percent to stand at 6,445.16 points in late morning deals in the British capital.Frankfurt's DAX 30 reversed 0.66 percent to 8,140.90 points and the CAC 40 in Paris shed 0.65 percent to 3,960.42. Madrid's IBEX 35 lost 0.81 percent in value.In foreign exchange activity, the ...

Asian stocks mostly up after US growth data HONG KONG: Asian markets mostly rose on Friday following upbeat US economic growth data and easing concerns about an imminent strike on Syria although gains were capped by mild profit-taking following the previous day's gains.The quiet trade brought an end to a torrid month for global shares and currencies dominated by fears over the end of the US Federal Reserve's stimulus programme as well as the possibility of military action in the Middle East.Tokyo eased ...

Hong Kong stocks end 0.12pc higher HONG KONG: Hong Kong shares ended 0.12 percent higher Friday following a second straight rally on Wall Street as dealers cheered data showing the US economy growing faster than first thought.The benchmark Hang Seng Index added 26.59 points to 21,731.37 on turnover of HK$50.48 billion ($6.51 billion).Chinese shares closed flat. The benchmark Shanghai Composite Index edged up 1.15 points to 2,098.38 on turnover of 132.1 billion yuan ($21.6 billion).Copyright AFP (Agence France-Presse), 2013


 



 
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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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln