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China shares rise on economic data, expectation of policy support; HK weak SHANGHAI: China shares gained on Thursday after recovering from early morning falls despite weaker markets overseas, with analysts citing better-than-expected money supply and lending data, as well as expectations of more support policies to come. The Shanghai Composite Index rose 0.6 percent to 2,387.02 points by midday.The CSI300 of the leading Shanghai and Shenzhen A-share listings also gained 0.6 percent. Du Changchun, Shanghai-based analyst at Northeast Securities, said China's stock market tended to track the overseas market in the first hour of trading, before adjusting to reflect domestic factors. "The better-than-expected credit data, which could ease the liquidity pressure, thus lifted the index to some extent," Du said.China shares' performance defied the general downward trend seen elsewhere in Asia, as stock markets in Japan and South Korea were hit by worries over slowing global growth following a slew of weak data from the US Analysts said that investors still expect ...


Japan shares lead Asia lower, dollar index droops TOKYO: Asian shares were off session lows but still nursed losses amid a selloff in global equities on Thursday, as heightened concerns about world economic growth sent US Treasury yields down and Japanese stocks tumbling. MSCI's broadest index of Asia-Pacific shares outside Japan was down about 0.2 percent. Shanghai shares bucked the downtrend and added 0.6 percent after Chinese bank lending data provided a regional bright spot.Lending beat expectations last month, a sign that demand ...

Australia shares rebound as investors chase banks, but resources slump SYDNEY: Australian shares rebounded from a steep loss to finish 0.2 percent higher on Thursday as investors bought into recently battered financial stocks, though global growth concerns dented the resources sector and tempered gains. The S&P/ASX 200 index added 9.3 points to 5,254.9 at the close of trade after hitting a session low of 5,162.4. The benchmark rose 0.7 percent on Wednesday.Iron ore producer Fortescue Metals Group Ltd tumbled 6 percent after saying its average ...

Global markets, oil, poor earnings may weigh on stocks DUBAI: Markets in the Middle East may remain under pressure on Thursday after global equities continued to slide along with the price of oil and two large banks in the region reported declines in third-quarter profit, missing analysts' estimates. The US S&P 500 index fell 0.8 percent on Wednesday, while European equities shed 3.2 percent to mark their biggest one-day slide in almost four years on deepening concerns about global economic growth. Asian shares are ...

SE Asia Stocks: Most lower amid bearish global markets; oil shares weak BANGKOK: Southeast Asian stock markets mostly fell on Thursday, with Singapore touching the lowest since March and Malaysia at its weakest in more than eight months, amid heightened concerns about global economic growth after weak US data.Data released on Wednesday showed US retail sales and producer prices both dropped last month, a worrisome economic signal that helped fuel a selloff on Wall Street.Asia extended a selloff in global equities on Thursday, with MSCI's broadest index ...

Bonds rally, stocks fall as global economy fears mount NEW YORK: Stocks took a pounding on Wednesday, although Wall Street managed to pedal back from its steepest lows, and safe-haven government debt prices rose after US and Chinese inflation data fanned worries about a global slowdown. A key gauge of Wall Street anxiety hit its highest level since November 2011 as investors rushed to buy protection against further losses, and options activity surged as investors reevaluated their strategies in light of the latest signs ...

Shares in staffing firm Recruit jump 6.5pc in Tokyo debut TOKYO: Japanese staffing firm Recruit Holdings Co Ltd rose 6.5 percent in its market debut after a $2 billion intial public offering, and looked poised to snap a run of weak high-profile Tokyo listings this year. The shares climbed to 3,300 yen in early trade on Thursday, compared with their IPO price of 3,100 yen. The IPO, the second biggest in Japan this year, had been priced at the top of its bookbuilding range, raising ...


 



 
Index Closing Chg%
Arrow DJIA 16,399.67 0.12
Arrow Nasdaq 4,316.07 1.35
Arrow S&P 1,904.01 0.91
Arrow FTSE 6,267.07 0.68
Arrow DAX 8,717.76 1.50
Arrow CAC-40 3,991.24 1.04
Arrow Nikkei 15,111.23 3.98
Arrow H.Seng 23,070.26 0.20
Arrow Sensex 26,429.85 1.23





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 20, 2014
Reserves $13.436 bln