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European shares rebound on corporate results and takeover activity LONDON: European shares rebounded on Tuesday, lifted by strong company results and corporate takeover activity after falling in the previous five sessions due to concerns over China's growth. The pan-European FTSEurofirst 300 index closed up 1.1 percent at 1,545.79 points. The index had tumbled in the last five sessions and touched a two-week low on Monday. The euro zone's blue-chip Euro STOXX 50 index rose 1.2 percent. Both the FTSEurofirst and the Euro STOXX are up around 13 percent so far in 2015. The STOXX Europe 600 Insurance Index advanced 1.2 percent, buoyed by Zurich Insurance's possible bid for rival RSA, which caused RSA to surge 18 percent in its biggest one-day percentage gain since 1992. Other deals saw Melrose Industries jump 9.6 percent after agreeing to sell its Elster business to Honeywell, while engineering group GKN gained 7.3 percent after moving to buy Fokker Technologies. Kering climbed 5.6 percent ...


South African stocks in 3-session losing streak, gold shares dive JOHANNESBURG: South African stocks fell for a third straight session on Tuesday with gold mining shares among the biggest decliners as the price of bullion remained near its lowest level in more than five years. AngloGold Ashanti was the biggest loser on the blue-chip Top-40 index, dropping 5.8 percent to 79.15 rand. Smaller rival Gold Fields, which is not in the Top-40 stocks, plunged 7.9 percent to 34.27 rand. Gold remained near 5-1/5-year lows on ...

TSX scratches higher after seven-day skid TORONTO: Canada's main stock index edged higher on Tuesday after a seven-day streak of losses as investors picked through earnings reports and several resource stocks got a bounce from recent lows. BlackBerry Ltd gained 4.8 percent to C$9.96 after Morgan Stanley upgraded the stock of the smartphone pioneer. Shares in oil company Husky Energy Inc jumped 3.4 percent to C$23.34 after its quarterly report. At 11:03 a.m. EDT (1503 GMT), the Toronto Stock Exchange's S&P/TSX ...

Hong Kong stocks close 0.62pc higher, HSI added 151.98 points HONG KONG: Hong Kong stocks ended 0.62 percent higher Tuesday, clawing back some of the previous day's losses that came in line with a sharp plunge in Shanghai. The benchmark Hang Seng index (HSI)added 151.98 points to 24,503.94 on turnover of HK$115.27 billion (US$14.87 billion).Mainland markets collapsed Monday, with Shanghai diving 8.48 percent -- its heaviest loss in eight years -- on fears that government measures put in place after a recent rout will not ...

Hong Kong stocks close 0.62pc higher HONG KONG: Hong Kong stocks ended 0.62 percent higher Tuesday, clawing back some of the previous day's losses that came in line with a sharp plunge in Shanghai. The benchmark Hang Seng index added 151.98 points to 24,503.94 on turnover of HK$115.27 billion (US$14.87 billion).Copyright AFP (Agence France-Presse), 2015

Australia shares close slightly lower, NZ stocks dip on China woes SYDNEY: Australian shares closed marginally lower on Tuesday as strength in the energy and healthcare sectors largely offset worries about China's economy.The S&P/ASX 200 index ended down 0.1 percent at 5,584.7 points, after falling nearly 1 percent in early trade. The benchmark was on track for a 2.4 percent gain for the month.New Zealand's benchmark NZX 50 index dipped 0.4 percent or 23.67 points to finish at 5,848.39.Chinese shares whip-sawed between gains and losses on ...

Gulf markets slip as oil extends losses DUBAI: Gulf stock markets slipped in early trade on Tuesday after oil prices slid again on concern about global oversupply.Crude prices fell towards four-month lows, dropping for a fifth straight session. Brent futures traded just above $53 per barrel.Dubai's bourse edged down 0.6 percent with most stocks in the red. Builder Arabtec fell 1.3 percent and was the most traded stock.Bourse operator Dubai Financial Market fell 1.5 percent, having posted a 48 percent fall in ...


 



 
Index Closing Chg%
Arrow DJIA 17,550.69 0.27
Arrow Nasdaq 5,105.55 0.19
Arrow S&P 2,093.32 0.22
Arrow FTSE 6,686.57 0.03
Arrow DAX 11,456.07 0.11
Arrow CAC-40 5,112.14 0.16
Arrow Nikkei 20,520.36 0.14
Arrow H.Seng 24,406.12 0.02
Arrow Sensex 28,071.93 0.41





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Banking Review 2014


Annual2013/14
Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
MonthlyJune-July
Trade Balance $-22.095 bln
Exports $23.885 bln
Imports $45.980 bln
WeeklyAugust 03, 2015
Reserves $18.536 bln