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European stocks rebound at open on Turkey rate hike LONDON: European stocks rose at the open on Wednesday, as concerns over emerging markets eased after a big rate rise in Turkey and before a decision on Federal Reserve stimulus.But in morning trading, an initial rally for the Turkish lira showed signs of running out of steam.In opening deals, London's benchmark FTSE 100 index gained 0.42 percent to 6,599.91 points, Frankfurt's DAX 30 rallied 1.07 percent to 9,507.35 points and the CAC 40 in Paris won 0.84 percent to 4,220.54.Asian equities also advanced on Wednesday following Wall Street's lead, as market tensions subsided before a Federal Reserve decision on its stimulus programme.Tokyo shares jumped 2.70 percent as confidence rose after Turkey ramped up interest rates in a bid to stop a tumble in its currency.Turkey's central bank, in a crisis meeting, hiked its overnight lending rate to 12 percent from 7.75 percent, sparking a rally in the lira."Turkey's attempt to ...


Asian shares rise, emerging market fears ease HONG KONG: Asian markets rose on Wednesday following Wall Street's lead, as tensions over emerging markets eased and ahead of a Federal Reserve decision on its stimulus programme.Tokyo stocks jumped 2.70 percent, or 403.75 points, to 15,383.91 as the dollar climbed and confidence rose after the central banks of India and Turkey increased interest rates, countering a sell-off in their currencies.Seoul rose 1.26 percent, or 24.22 points, to 1,941.15 and Sydney finished 1.04 percent, or ...

Hong Kong stocks end 0.82pc higher HONG KONG: Hong Kong shares climbed 0.82 percent on Wednesday, in line with a regional rebound after a Wall Street bounce and an easing of fears about emerging economies.The benchmark Hang Seng Index added 180.97 points to end at 22,141.61 on turnover of HK$68.37 billion ($8.82 billion).Chinese shares closed up 0.56 percent. The benchmark Shanghai Composite Index rose 11.40 points to 2,049.91 on turnover of 67.7 billion yuan ($11.2 billion).Copyright AFP (Agence France-Presse), 2014

Tokyo shares close 2.70pc higher TOKYO: Tokyo stocks ended 2.70 percent higher Wednesday, ending a four-session losing streak as the dollar climbed on speculation the Federal Reserve will reduce its stimulus programme later in the day.The benchmark Nikkei-225 index ended 403.75 points higher at 15,383.91, while the Topix index of all first-section shares rose 2.60 percent, or 31.87 points, to 1,256.18."Today's move in the Nikkei is largely a result of a more accommodative dollar level," said Daisuke Uno, strategist at ...

Tokyo shares close 2.70pc higher TOKYO: Tokyo stocks jumped 2.70 percent by the close Wednesday, snapping a four-session losing streak as the dollar climbed on growing speculation the Federal Reserve will further reduce its stimulus.The benchmark Nikkei-225 index ended 403.75 points higher at 15,383.91, while the Topix index of all first-section shares rose 2.60 percent, or 31.87 points, to 1,256.18.Copyright AFP (Agence France-Presse), 2014

China shares up slightly in morning trade SHANGHAI: Chinese shares were up slightly in morning trade Wednesday, tracking gains in US stocks and European markets, dealers said.The benchmark Shanghai Composite Index rose 0.15 percent, or 2.98 points, to 2,041.49.Copyright AFP (Agence France-Presse), 2014

Tokyo stocks up 1.74pc by break TOKYO: Tokyo stocks rose 1.74 percent Wednesday morning, tracking a rise on Wall Street and as the dollar climbed on speculation that the Federal Reserve will further reduce its stimulus.The benchmark Nikkei-225 index added 260.68 points to 15,240.84 by the break, while the Topix index of all first-section shares rose 1.95 percent, or 23.91 points, to 1,248.22."Today's move in the Nikkei is largely a result of a more accommodative dollar level," said Daisuke Uno, strategist ...


 



 
Index Closing Chg%
Arrow DJIA 17,164.95 1.45
Arrow Nasdaq 4,635.24 1.03
Arrow S&P 1,994.99 1.30
Arrow FTSE 6,749.40 0.90
Arrow DAX 10,694.32 0.41
Arrow CAC-40 4,604.25 0.59
Arrow Nikkei 17,674.39 0.39
Arrow H.Seng 24,507.05 0.36
Arrow Sensex 29,182.95 1.68






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyNovember
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln