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Japanese stocks lead sharp Asia rebound as US data reassures TOKYO: Japanese stocks led a rally in Asia on Monday, after solid US data and earnings calmed tumult in global financial markets and reassured investors worried about the health of the world economy. The Thomson Reuters/University of Michigan index of consumer sentiment was surprisingly strong in early October, rising to more than a seven-year high. Other data also showed new housing starts rose more than expected last month, suggesting US economic growth was solid. The upbeat US data has brought some calm to markets after a week of turbulence as signs of softening global growth roiled investors and sent volatility spiking. MSCI's broadest index of Asia-Pacific shares outside Japan surged 1.3 percent, while Japan's Nikkei stock average jumped about 3.4 percent, on track to post the biggest daily rise in more than a year and retaking some of the 5 percent it shed in the previous week. Shares in Shanghai ...


Hong Kong stocks up 0.41pc by lunch HONG KONG: Hong Kong shares climbed 0.41 percent in the morning session Monday, in line with a regional rally, following hefty gains on Wall Street at the end of last week.The benchmark Hang Seng Index added 93.48 points to 23,116.69 by the break on turnover of HK$29.82 billion ($3.85 billion).Copyright AFP (Agence France-Presse), 2014

Hong Kong shares jump 0.94pc at open HONG KONG: Hong Kong shares climbed almost one percent in the opening minutes of trade Monday following a rally on Wall Street at the end of the week.The benchmark Hang Seng Index surged 0.94 percent, or 216.57 points, to 23,239.78.Copyright AFP (Agence France-Presse), 2014

India's shares surge on government energy reforms, state elections MUMBAI: Indian shares rose more than 1 percent on Monday after the government's energy reforms led to a rally in energy firms, while wins by Prime Minister Narendra Modi's party in two state elections raised expectations for additional reforms. The government on Saturday removed diesel price controls and raised the cost of natural gas. Analysts said markets will now expect more measures after results on Sunday showed the Bharatiya Janata Party won elections in Maharashtra ...

Tokyo stocks up more than 3pc on weaker yen, Wall St gains TOKYO: Tokyo stocks jumped more than three percent in early trade Monday, following sharp gains on Wall Street, while a weaker yen boosted exporters.The Nikkei 225 index at the Tokyo Stock Exchange, which closed at a five-month low last week, rose 3.32 percent, or 482.09 points, to 15,013.60.The broader Topix index of all first-section shares was up 3.35 percent, or 39.47 points, at 1,216.71."After four tough weeks, there should be at least some bargain-buying today, ...

China shares higher in morning trade SHANGHAI: Chinese stocks were higher in morning trade Monday after media reports the central bank would inject funds into commercial banks to help support the economy, dealers said.The benchmark Shanghai Composite Index rose 0.33 percent, or 7.78 points, to 2,348.96.The Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 0.41 percent, or 5.43 points, to 1,328.95.China's central bank is planning to inject 200 billion yuan ($32.5 billion) into 20 banks to channel credit ...

Dubai stock jumps after global markets rebound; Arabtec surges DUBAI: Dubai stock index jumped in opening minutes on Sunday after global markets rebounded on Friday and shares in builder Arabtec Holding surged as it moved closer towards starting work on a huge project in Egypt.The benchmark rose 4.1 percent while Arabtec was up 9.2 percent. Heavyweight Emaar Properties added 3.5 percent.Arabtec said on Sunday it expected soon to conclude the final agreement with Egyptian authorities to begin work on a $40 billion project to ...


 



 
Index Closing Chg%
Arrow DJIA 16,461.32 0.92
Arrow Nasdaq 4,382.85 0.83
Arrow S&P 1,927.11 0.73
Arrow FTSE 6,399.73 0.43
Arrow DAX 8,940.14 0.60
Arrow CAC-40 4,105.09 0.58
Arrow Nikkei 15,195.77 2.64
Arrow H.Seng 23,403.97 1.37
Arrow Sensex 26,787.23 0.80





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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