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Hong Kong, Shanghai up as Fed holds rates HONG KONG: Hong Kong and Shanghai stocks ended the morning session higher Friday, in line with a rally in most Asian markets, after the Federal Reserve held off an interest rate hike.The Hang Seng Index added 0.42 percent, or 92.10 points, to 21,946.73 by the break.And Shanghai's composite index added 0.40 percent, or 12.22 points, to 3,098.28.The Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 0.51 percent, or 8.54 points, to 1,666.96.Copyright AFP (Agence France-Presse), 2015

US stocks fall, bonds rally as Fed stands pat NEW YORK: US blue-chip stocks fell in volatile trading on Thursday while bond prices jumped after the Federal Reserve decided to hold US interest rates near zero on concerns about global weakness but left the door open for a rate increase later this year.The dollar posted its biggest one-day loss in a month against a basket of currencies as the US central bank refrained after a two-day policy meeting from further spooking investors already fretting ...

South African stocks at 4-week high, rand weakens before Fed JOHANNESBURG: South African stocks rose on Thursday, lifting the benchmark index to its highest level in more than a month as traders bet against an interest rate increase in the United States. Investors have dumped emerging market assets in anticipation that US rates could start rising in September, but those expectations have now largely been pushed back to December. "We don't think the Fed is going to hike, but tomorrow's market moves will all be ...

US stocks flat ahead of crucial Fed rate decision NEW YORK: US stocks drifted sideways early Thursday as markets awaited the Federal Reserve's decision on whether to increase interest rates for the first time in more than nine years.Most analysts were betting against a hike, but traders remained fairly cautious ahead of the landmark move that would signal the beginning of the end of the Fed's easy money stance.About 35 minutes into trade, the Dow Jones Industrial Average was at 16,737.44, down 2.51 points ...

Volatile Shanghai stocks fall, Hong Kong slips ahead of Fed HONG KONG: Stocks in Shanghai retreated in another day of turmoil Thursday as investors fret over the government's support for markets, while Hong Kong also slipped ahead of a closely watched US interest rate decision later in the day.The benchmark Shanghai Composite Index lost 2.10 percent, or 66.20 points, to 3,086.06. Trading was volatile with the index rising as much as 1.67 percent before late selling sent it lower.The Shenzhen Composite Index, which tracks stocks ...

Japan stocks close higher ahead of Fed decision TOKYO: Tokyo stocks closed 1.43 percent higher on Thursday, swept up in a global rally hours ahead of the US Federal Reserve's hotly anticipated interest decision.The benchmark Nikkei 225 index at the Tokyo Stock Exchange gained 260.67 points to 18,432.27.The broader Topix index of all first-section shares closed up 1.31 percent, or 19.31 points, at 1,491.91.Nikkei's rally gained steam in the afternoon ahead of a meeting where the US central bank is considering whether or ...

European stock markets open higher before Fed LONDON: Europe's main stock markets rose in opening deals on Thursday as investors awaited the latest interest rate decision from the US Federal Reserve.In initial deals, London's benchmark FTSE 100 index climbed 0.14 percent to 6,237.66 points compared with Wednesday's close.In the eurozone, Frankfurt's DAX 30 won 0.41 percent to 10,269.32 points and the CAC 40 in Paris added 0.31 percent to 4,660.17.Asian equities also piled on fresh gains Thursday in a global rally as ...


Index Closing Chg%
Arrow DJIA 16,472.37 1.23
Arrow Nasdaq 4,707.77 1.74
Arrow S&P 1,951.36 1.43
Arrow FTSE 6,129.98 0.95
Arrow DAX 9,553.07 0.46
Arrow CAC-40 4,458.88 0.73
Arrow Nikkei 17,725.13 0.02
Arrow H.Seng 21,506.09 3.17
Arrow Sensex 26,220.95 0.25

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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-1.998 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklySeptember 21, 2015
Reserves $18.726 bln