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European stocks end winning streak LONDON: European stocks reversed on Tuesday as volatile commodity prices and company results hit shares, giving up some of the gains won over the previous nine trading days as the Greek debt crisis eased.London's benchmark FTSE 100 index of top companies slid 0.29 percent to close at 6,769.07 points.In the eurozone, the CAC 40 in Paris shed 0.70 percent compared with Monday's close to 5,106.57 points, while Frankfurt's DAX 30 fell 1.12 percent to 11,604.80 points."After a nine-day positive run leading out of the Greek debt crisis, European shares dropped back on Tuesday with poor results from pharmaceutical giant Novartis acting as a drag on Europe's healthcare sector," said market analyst Jasper Lawler at CMC Markets UK.Swiss pharmaceutical giant Novartis reported $4.1 billion (3.8 billion euros) in income for the first half of the year, down 20 percent, due largely to a stronger dollar. Novartis shares lost 2.05 percent to ...

Tokyo's Nikkei index back near 18-year high TOKYO: Tokyo's benchmark stock index bounced back to a near 18-year high on Tuesday, lifted by a weak yen and a rally on Wall Street. The Nikkei 225 at the Tokyo Stock Exchange rose 0.93 percent, or 191.05 points, to close at 20,841.97, just shy of the 20,868.03 reached last month, its highest finish since December 1996. The broader Topix index of all first-section shares advanced 0.66 percent, or 10.94 points, to 1,673.88. Stocks surged ...

Asian shares rise but commodities struggle HONG KONG: Asian markets advanced Tuesday, with Tokyo boosted by a weaker yen and Shanghai's recovery continuing, but falling commodity prices fuelled fears about global growth.With concerns easing about the Greek debt crisis and China's market rout, dealers are now focusing on when the US Federal Reserve will raise interest rates as the US economy gets back on track.Tokyo rose 0.93 percent, or 191.05 points, to 20,841.97 -- close to an 18-year high -- and ...

Sri Lankan stocks fall from near 7-wk closing high; earnings eyed COLOMBO: Sri Lankan stocks fell on Monday from their near seven-week closing high in the previous session as investors stayed on the sidelines ahead of financial results of blue chips like Commercial Bank of Ceylon Plc .The main stock index ended lower 0.2 percent, or 14.10 points, at 7,147.86, snapping a seven-session rally. It had closed at its highest since June 1 on Friday as hopes of political stability after the Aug.17 parliamentary polls lifted ...

European shares hit six-week highs, OCI surges LONDON: European shares rose to six-week highs on Monday as Greece began to return to normality after a deal to agree a new bailout package, with Dutch chemicals firm OCI surging as it confirmed it was in merger talks.The FTSEurofirst 300 index of European blue-chip stocks was up 0.5 percent, hitting its highest level since May 29 at 1,621.31 points, while the broader STOXX Europe 600 rose 0.5 percent to 407.75 points.Volatility has been cut ...

Indian stocks edge down; blue chips fall MUMBAI: Indian shares ended marginally lower on Monday as investors shunned blue chips a day ahead of the monsoon session of parliament, where crucial reforms are expected to be presented.Foreign investors, key to Indian stocks hitting record high in March, have fretted over the fate of several national reforms in the upcoming session of parliament, including a business-friendly land law, a nationwide sales tax and potentially the first labour reform in decades.Market watchers expect the ...

Asia stocks mixed, gold hits five-year low HONG KONG: Asian stocks closed mixed Monday, with Sydney and Shanghai buoyed by optimism over Greece and China's recent market rout while safe-haven gold slumped to a five-year low.Shanghai led the gains, despite fresh volatility, as more firms began trading after being suspended at the height of the latest stock crisis that wiped billions off valuations.The dollar pushed higher on expectations of a US interest rate rise this year after comments from US Federal Reserve ...


Index Closing Chg%
Arrow DJIA 17,6630.27 1.09
Arrow Nasdaq 5,089.21 0.98
Arrow S&P 2,093.25 1.24
Arrow FTSE 6,555.28 0.77
Arrow DAX 11,173.91 1.06
Arrow CAC-40 4,977.32 1.01
Arrow Nikkei 20,328.89 0.10
Arrow H.Seng 24,503.94 0.62
Arrow Sensex 27,459.23 0.37

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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln