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Taiwan stocks fall; Nasdaq drop drags tech lower TAIPEI: Taiwan stocks declined 0.44 percent on Monday morning as tech shares reacted to a steep fall in the Nasdaq index on Friday.As of 0151 GMT, the main TAIEX index fell 39 points to 8869.05, following the previous session's 0.45 percent drop.Electronics fell 0.52 percent, on the heels of a 1.34 percent slump in the US tech holdings.Computers and peripheral equipment shed 0.74 percent, while semiconductors contracted 0.3 percent.Among major tech names, mobile device camera lens maker Largan Precision Co Ltd dropped 3.36 percent, while AU Optronics Corp, the world's fourth-largest manufacturer of LCD panels, slipped 1.68 percent.Taiwan Semiconductor Manufacturing Co Ltd, the world's largest contract chip maker, was flat. On Friday the company said it would sell 5 percent of its ownership in fellow chip firm Vanguard International Semiconductor Corp for T$3.5 billion ($1.17 billion).Vanguard plunged 6.36 percent, almost by the 7 percent down limit, on the news.The Taiwan ...


Australia shares slip on Wall St woes, safe-haven buying in gold caps SYDNEY: Australian shares slipped 0.5 percent on Monday as investors remained wary of last week's sharp tech-driven selloff on Wall Street, though a safety-bid for gold miners helped to contain broad market losses. Banking and mining stocks tugged the market lower. National Australia Bank slipped 0.5 percent, and Australia and New Zealand Banking Group shed 0.4 percent. Miners BHP Billiton Ltd and Rio Tinto Ltd lost 0.3 percent and 0.8 percent, respectively, after Shanghai rebar ...

Shanghai copper to rise to 47,420 yuan SINGAPORE: Shanghai copper is expected to rise to 47,420 yuan per tonne, as it has cleared resistance at 46,790 yuan.Resistance was provided by the 76.4 percent Fibonacci projection level of an upward wave C, the third wave of a three-wave cycle that developed from the March 20 low of 43,580 yuan. The next resistance will be at 47,420 yuan, the 100 percent projection level.Support will be at 46,390 yuan, a break below which will signal ...

South Korea stocks little-changed despite Wall St doom, won eases SEOUL: Seoul shares were nearly flat on Monday, shrugging off Wall Street weakness as local technology stocks rallied on hopes of upbeat earnings, while the won eased on dollar short-covering and caution over strong remittance outflows.The Korea Composite Stock Price Index (KOSPI) was up 0.1 percent at 1,999.63 points as of 0232 GMT after briefly touching an intraday high of 2,001.00."The market is defending its level fairly well against the low-valuation merit of local stocks ...

Stocks slip on Wall St gloom, Ukraine tensions TOKYO: Asian share markets gave up more ground on Monday after a dismal week on Wall Street and tensions in Ukraine sapped investors' appetite for risk, which helped underpin the safe-haven yen. Ukraine gave pro-Russian separatists a Monday morning deadline to disarm or face a "full-scale anti-terrorist operation" by its armed forces, raising the risk of a military confrontation with Moscow.European Union foreign ministers will hold talks later on Monday about tougher sanctions against Russia. ...

Vietnam index edges down at midday on cautious sentiment HANOI: Vietnam's benchmark VN Index was down 0.21 percent at the mid-day break on Monday as investors turned cautious following recent declines, an analyst said.Real-estate led the fall with Vingroup losing 0.72 percent and HAGL Co dipping 0.35 percent.Bank shares also dropped with Eximbank down 0.71 percent and Vietcombank, Vietnam's largest listed bank, falling 0.65 percent."The trading volume, which was at a low level during past two weeks, pushed investor sentiment down," said analyst Nguyen ...

Tokyo stocks open down 0.52pc TOKYO: Tokyo stocks opened 0.52 percent lower on Monday, weighed by losses on Wall Street last week and escalating tensions in Ukraine.The Nikkei 225 index fell 72.82 points to 13,887.23 at the start.On Friday the tech-rich Nasdaq Composite Index led Wall Street sharply lower again, closing out a dreary week at its lowest level in more than two months.The Nasdaq sank 1.34 percent to 3,999.73, its lowest close since February 3, while the Dow Jones ...


 



 
Index Closing Chg%
Arrow DJIA 16,408.54 0.10
Arrow Nasdaq 4,095.52 0.23
Arrow S&P 1,864.85 0.14
Arrow FTSE 6,625.25 0.62
Arrow DAX 9,409.71 0.99
Arrow CAC-40 4,431.81 0.59
Arrow Nikkei 14,516.27 0.68
Arrow H.Seng 22,760.24 0.28
Arrow Sensex 22,628.84 1.58





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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln