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Asian stocks mostly lower ahead of Fed meeting HONG KONG: Asian markets mostly fell on Tuesday as a broadly positive lead from Wall Street was offset by caution ahead of the US Federal Reserve's policy meeting.Profit-takers moved in after Monday's gains, which were fuelled by fiscal hawk Larry Summers' decision to drop out of the race to become the next Fed chairman.Tokyo gave up early gains to end 0.65 percent lower, slipping 93.00 points to 14,311.67 and Seoul shed 0.39 percent, or 7.79 points, to 2,005.58, while in the afternoon Hong Kong was 0.34 percent down and Shanghai 1.43 percent off. But Sydney was almost unchanged, edging up 3.2 points to end at 5,251.2.With few catalysts to drive buying, focus is on the two-day Fed meeting that ends Wednesday. While investors expect policymakers to begin winding down the $85 billion-a-month stimulus programme, the key question is the pace of the drawdown.Global shares turned upwards on Monday after Summers ...

Tokyo stocks close down 0.65pc TOKYO: Tokyo stocks lost 0.65 percent in post-holiday trade on Tuesday as dealers await a closely watched meeting of the US Federal Reserve to find out its plans for its huge stimulus programme.The benchmark Nikkei 225 index closed down 93.00 points at 14,311.67, while the Topix index of all first-section shares was 0.31 percent, or 3.64 points, lower at 1,181.64. Markets were closed on Monday for a public holiday.Copyright AFP (Agence France-Presse), 2013

Vietnam index up 0.3pc at midday, trade slim HANOI: Vietnam's benchmark VN Index edged up 0.29 percent at midday on Tuesday in thin volume as most investors stayed on the sidelines.Banking and energy firms led the index, with shares in Hanoi-based Vietcombank gaining 1.98 percent and PetroVietNam Gas, the market's largest listed firm by capitalisation, rising 0.77 percent.Liquidity was low as investors have little appetite for trading, said analyst Nguyen Hoai Nam at Maybank Kim Eng Securities.The index is likely to increase or ...

Taiwan stocks retreat; techs down but HTC bounces back TAIPEI: Taiwan stocks retreated on Tuesday, weighed down by tech shares with heavyweights TSMC and Hon Hai Precision Industry both down over 0.4 percent.The main TAIEX index was lower 0.25 percent, or 20.27 points, at 8,235.07 as of 0213 GMT, after opening down 0.17 percent.Smartphone maker HTC Corp, however, bounced back 1.5 percent after denying a report that one of its plants had reduced production to three days a week. It said in a statement ...

South Korean shares down on profit-taking, focus on Fed meeting SEOUL: South Korean shares fell on Tuesday as investors locked in profits ahead of a three-day market holiday and the US Federal Reserve's rate meeting, with heavyweight Samsung Electronics' weighing on the broader market.The Korea Composite Stock Price Index (KOSPI) was down 0.7 percent at 2,000.09 points at 0201 GMT after touching a low of 1,994.76.Despite a lacklustre August US jobs report, the Federal Reserve is expected to begin curbing its massive stimulus by reducing ...

Samsung Electronics drops 3pc on Q3 profit concerns SEOUL: Shares of Samsung Electronics Co fell more than 3 percent on Tuesday over concerns that tumbling emerging market currencies may weaken the profitability of its home appliances and television business in the current quarter, brokers said.Shares of the South Korean technology firm were down 2.8 percent by 0235 GMT.Copyright Reuters, 2013

Hong Kong stocks open flat HONG KONG: Hong Kong stocks were almost unchanged at the start of trade on Tuesday following the previous day's gains and ahead of a closely watched US Federal Reserve policy meeting.The benchmark Hang Seng Index dipped 5.50 points to 23,246.91. Copyright AFP (Agence France-Presse), 2013


Index Closing Chg%
Arrow DJIA 17,195.42 1.30
Arrow Nasdaq 4,566.14 0.37
Arrow S&P 1,994.65 0.62
Arrow FTSE 6,463.55 0.15
Arrow DAX 9,114.84 0.35
Arrow CAC-40 4,141.24 0.74
Arrow Nikkei 15,658.00 1.67
Arrow H.Seng 23,702.04 1.49
Arrow Sensex 27,346.33 0.92

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln