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Asia markets mostly up on Greece hopes HONG KONG: Asian markets mostly rose Monday after Greece presented to its creditors new proposals on reforming its bailout, fuelling hopes of an end to a five-month deadlock, averting a default and possible exit from the eurozone.The euro also advanced after Brussels said it had received the plans a day before a emergency European summit Monday, with Greek Prime Minister Alexis Tsipras' office calling it a "mutually beneficial deal".Tokyo added 0.83 percent, Hong Kong gained 0.54 percent, Seoul was 0.40 percent higher, Singapore put on 0.63 percent and Taipei rallied 1.28 percent. Sydney fell 0.40 percent, however.Shanghai was closed for a public holiday.While it is not clear what concessions have been offered by either side, Martin Selmayr, the head of European Commission President Jean-Claude Juncker's cabinet, said the Athens proposal offered "a good basis for progress".However, he underscored the tumult surrounding the deal by describing the negotiations as a "forceps ...

Hong Kong shares up 0.44pc at break HONG KONG: Hong Kong stocks ended the morning session 0.44 percent higher Monday after Greece submitted proposals to reform its bailout, raising hopes it will avoid a default and possible exit from the eurozone.The Hang Seng Index added 117.50 points to 26,878.03 on turnover of HK$45.99 billion (US$5.93 billion).Mainland Chinese markets are closed for a public holiday.Copyright AFP (Agence France-Presse), 2015

Tokyo stocks close up 1.26pc TOKYO: Tokyo stocks rose 1.26 percent Monday as Greece presented its creditors with new proposals to reform its bailout, fuelling hopes it will avert a default and a possible exit from the eurozone.The Nikkei 225 index at the Tokyo Stock Exchange added 253.95 points to 20,428.19 while the Topix index of all first-section issues was up 1.08 percent, or 17.60 points, at 1,648.61. Copyright AFP (Agence France-Presse), 2015

Saudi slides below chart support on oil; UAE and Qatar firm DUBAI: Saudi Arabia's main stock index fell below technical support on Sunday because of weak oil prices and disappointment that inflows of foreign funds had been slow. Markets in the United Arab Emirates and Qatar rose.The Saudi index fell 1.7 percent to 9,344 points in thin trade, dropping below its 200-day average, now at 9,433.Two straight daily closes below that support would be technically negative, implying a fresh wave of profit-taking after the index rose ...

European stocks hesitate awaiting Greece meetings LONDON: Europe's main stock markets hesitated Friday with all eyes on Greece heading into more key meetings on its bailout to break the deadlock between Athens and its EU-IMF creditors.London's benchmark FTSE 100 index edged up 0.08 percent to stand at 6,713.01 points in afternoon deals.In Frankfurt, the DAX 30 slid 0.10 percent to 11,089.55 points and the CAC 40 in Paris rose 0.60 percent to 4,832.26 compared with Thursday's close."As we head into what ...

Emerging stocks set for fifth week of losses on dollar, Greece LONDON: Emerging market stocks were on track for their fifth straight week in the red on Friday as China shares tumbled to their steepest weekly losses since 2008, their eight-month bull run losing steam fast on tighter regulation and a wave of IPOs. MSCI's broadest emerging markets stock index fell 0.2 percent on the day and was down 0.4 percent for the week, with investors fretting over the dollar bouncing off Thursday's one-month low, China ...

Hong Kong stocks end up 0.25pc HONG KONG: Hong Kong closed 0.25 percent higher Friday, in line with a broad advance across Asia and following a record finish on Wall Street.The benchmark Hang Seng Index added 65.87 points to 26,760.53 on turnover of HK$140.61 billion (US$18.14 billion).Copyright AFP (Agence France-Presse), 2015


Index Closing Chg%
Arrow DJIA 17,730.11 0.16
Arrow Nasdaq 5,009.22 0.08
Arrow S&P 2,076.78 0.03
Arrow FTSE 6,630.47 0.33
Arrow DAX 11,099.35 0.73
Arrow CAC-40 4,835.56 0.98
Arrow Nikkei 20,522.50 0.95
Arrow H.Seng 26,282.32 0.12
Arrow Sensex 27,945.80 0.27

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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 $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 01, 2015
Reserves $18.5 bln