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Miners and retailers help FTSE to climb to 2-week high LONDON: Britain's top share index turned lower after touching a three-week high on Wednesday, still outperforming euro zone shares as strength in the mining sector insulated the index from the latest concerns over the Greek debt crisis. The blue-chip FTSE 100 index hit 6,873.43 in morning trade, its highest level since June 4. It had turned lower to trade up just 14.50 points, or 0.3 percent at 6,849.37 points by 1024 GMT, after Greece said that international lenders had rejected its latest proposals to end a stand-off over debt and avoid default. The index outperformed euro zone indexes, which traded in negative territory, supported by mining and energy stocks on the back of firmer commodity prices and a rally in retailers supporting the market. Miners were in demand, with the UK sector index rising 0.7 percent, tracking rises in major industrial metals such as copper and aluminium. "A rise in ...


European shares retreat as Greek and telecoms stocks drop LONDON: European stock markets gave back some of the gains made earlier in the week as doubts returned on Wednesday over Greece's debt crisis and French telecoms shares slumped after Bouygues rejected a bid.The pan-European FTSEurofirst 300 index fell 0.4 percent, while the euro zone's blue-chip Euro STOXX 50 index dropped 0.8 percent. Athens' benchmark ATG equity index, which had risen 15 percent in the last two days, fell 3.6 percent and the Greek bank ...

Asia markets up on Greece hopes, euro down on ECB easing HONG KONG: Asian markets rose for a third straight day Wednesday, with Tokyo hitting an 18-year high, on confidence Greece will finally hammer out a bailout reform deal with creditors and avert a default.With expectations high that a last-minute agreement will be reached, the euro resumed its downward spiral against the dollar as traders turned their attention to a possible US rate rise and European monetary easing.Tokyo climbed 0.28 percent, or 58.61 points, to 20,868.03, ...

Most European stocks push higher at open LONDON: Most European stock markets pushed higher at the start of trading on Wednesday, building on two days of gains on hopes of there finally being a deal over Greece's bailout.Frankfurt's DAX 30 index gained 0.36 percent to 11,584.40 points and London's benchmark FTSE 100 index rose 0.16 percent to 6,852.50 compared with Tuesday's close.But the CAC 40 in Paris slipped 0.01 percent to 5,057.24 points as telecoms stocks took a hammering when a buyout ...

European stocks push higher at open LONDON: European stock markets pushed higher at the start of trading on Wednesday, building on two days of gains on hopes of there finally being a deal over Greece's bailout.Frankfurt's DAX 30 index gained 0.21 percent to 11,566.35 points and the CAC 40 in Paris edged up 0.06 percent to 5,060.58 points.Outside the eurozone, London's benchmark FTSE 100 index rose 0.20 percent to 6,848.36 compared with Tuesday's close.Copyright AFP (Agence France-Presse), 2015

Asia markets up on Greece hope, euro down on ECB easing HONG KONG: Asian markets rose for a third straight day Wednesday, with Tokyo hitting a more than 18-year high, on confidence Greece will finally hammer out a bailout reform deal with its creditors, averting a default.With expectations high that a last-minute agreement will be reached, the euro resumed its downward spiral against the dollar as traders turned their attention to a possible US rate hike and European monetary easing.Tokyo climbed 0.56 percent to its highest ...

Tokyo stocks end morning near 18-year highs TOKYO: Japanese stocks hit a more than 18-year high Wednesday morning on confidence Greece will reach a last-minute debt reform deal with its creditors this week.The benchmark Nikkei 225 index at the Tokyo Stock Exchange gained 112.58 points to 20,922.00 by the break, sitting around levels not seen since late 1996.The Topix index of all first-section issues was up 0.43 percent, or 7.13 points, at 1,683.53.The government of Prime Minister Shinzo Abe was quick to ...


 



 
Index Closing Chg%
Arrow DJIA 17,757.91 0.79
Arrow Nasdaq 5,013.13 0.53
Arrow S&P 2,077.42 0.69
Arrow FTSE 6,608.59 1.34
Arrow DAX 11,180.50 2.15
Arrow CAC-40 4,883.19 1.94
Arrow Nikkei 20,329.32 0.46
Arrow H.Seng 26,250.03 1.09
Arrow Sensex 28,020.87 0.86





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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%
MonthlyMay
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 01, 2015
Reserves $18.5 bln