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Australia shares seen with strong start, NZ stocks open higher  SYDNEY: Australian shares are likely to have a strong start on Friday following Wall Street's record high finish after investors shifted their focus to possible upbeat sales for US multinationals.The local share price index futures rose 0.6 percent to 5,723.0, a 26.5-point premium to the close of the underlying S&P/ASX 200 index on Thursday. The benchmark index eased 0.3 percent in the previous session but was still up 1 percent for the week.New Zealand's benchmark NZX 50 index rose 0.1 percent, or 4.8 points, to 5,743.2 in early trade.Copyright Reuters, 2015


S&P 500 closes at new record high NEW YORK: The S&P 500 bolted to a fresh record high close Thursday, led by strong gains in Apple, Facebook and other technology stocks.The broad-market S&P 500 rose 22.62 points (1.08 percent) to 2,121.10, more than three points above the prior record of 2,117.69 set on April 24. The Dow Jones Industrial Average jumped 191.75 (1.06 percent) to 18,252.24, while the tech-rich Nasdaq Composite Index gained 69.10 (1.39 percent) at 5,050.80.Analysts said the equities surge ...

Weak dollar, tame US inflation boost stocks; gold up NEW YORK: Increasing expectations the U.S. Federal Reserve will hold off raising interest rates until September at the earliest helped push the S&P 500 to a record high close on Thursday and drove the dollar to near its lowest level since January.Gold hit a three-month high as the dollar came under pressure.U.S. data showed recent dollar strength and lower oil prices suppressed producer price inflation in April, supporting the view the Fed will probably not ...

TSX halts 3-day slide, but energy stocks weigh TORONTO: Canada's main stock index broke a three-day slide on Thursday in a broad rally in which gold miners gained on higher bullion prices as the U.S. dollar weakened, but the heavyweight oil and gas sector fell along with crude prices.The Toronto Stock Exchange's S&P/TSX composite index ended up 47.40 points, or 0.32 percent, at 15,028.12. Nine of the index's 10 main sectors gained.That followed a 1.2 percent drop over the previous three days, in ...

European stocks rise in light holiday trade LONDON: Europe's stock markets rose Thursday in light holiday trade, after US stocks climbed higher following a mixed batch of US economic data and corporate earnings.Trading was subdued in Europe owing to a public holiday in Germany and France, but the markets remained open.London's benchmark FTSE 100 index of leading companies closed up 0.34 percent to 6,973.04 points.In Paris, the CAC 40 rose 1.36 percent to 5,029.31 points, while the DAX 30 in Frankfurt climbed ...

Weak dollar, tame US inflation boost stocks; yields dip NEW YORK: Increasing expectations the U.S. Federal Reserve will hold off raising interest rates until September at the earliest boosted Wall Street on Thursday and drove the dollar to near its lowest level since January.U.S. data showed recent strength in the dollar and lower oil prices suppressed producer price inflation in April, supporting the view the Federal Reserve will probably not raise rates until later in the year."People are pretty focused on the weak numbers ...

FTSE ends higher; 3i Group leads after strong earnings LONDON: Britain's FTSE 100 index ended higher on Thursday, with encouraging updates from companies such as 3i Group supporting the broader stock market.Private-equity group 3i rose 3 percent, the biggest gain in the FTSE 100, after it reached the end of a three-year restructuring with strong earnings growth at its portfolio companies."The group remains cautious about the current environment given high financial market valuations and increased currency volatility. However it looks forward with confidence, with ...


 



 
Index Closing Chg%
Arrow DJIA 18,232.02 0.29
Arrow Nasdaq 5,089.36 0.03
Arrow S&P 2,126.06 0.22
Arrow FTSE 7,031.72 0.05
Arrow DAX 11,815.01 0.42
Arrow CAC-40 5,142.89 0.07
Arrow Nikkei 20,264.41 0.30
Arrow H.Seng 27,992.83 1.70
Arrow Sensex 27,957.50 0.53





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMarch
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyMay 21, 2015
Reserves $17.75 bln