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Shares in TI Media rise 5pc after broadcasting deal MILAN: Shares in Telecom Italia Media rose more than 5 percent at the market open in Milan on Thursday, after the company said on Wednesday it had signed a deal with L'Espresso to merge their respective digital broadcasting activities. Telecom Italia Media was quoted 5.4 percent higher at 0810 GMT at 0.88 euros, against a 0.4 percent rise in Italy's all-share index. L'Espresso was down 1 percent. The tie-up deal will create a company with annual revenue of 100 million euros, the companies said on Wednesday. Copyright Reuters, 2014

China shares end near 2-month high on cross-border investment rule SHANGHAI: China shares hit their highest level in nearly two months after Beijing's securities regulator said it would allow cross-border stock investment between Hong Kong and Shanghai.The Shanghai Composite Index ended up 1.4 percent at 2,134.3 points. The CSI300 of the leading Shanghai and Shenzhen A-share listings rose 1.6 percent. Both indexes closed at their highest since Feb. 20. Shares in securities firms surged on the announcement, with the CSI300 financial sub-index climbing to heights ...

Tokyo shares end flat on stronger yen TOKYO: Tokyo shares ended flat Thursday, losing early gains driven by Wall Street's rally as exporters took a hit from the yen's rise.The benchmark Nikkei 225 index inched up 0.43 points to finish at 14,300.12, after rising 1.11 percent at the open. The Topix index of all first-section shares edged 0.08 percent lower, or 0.95 points, to 1,149.49.Copyright AFP (Agence France-Presse), 2014

Australia shares near 6-year high after Wall St rally, jobs data SYDNEY: Australian shares rose to a near six-year high on Thursday as a rally on Wall Street and an upbeat local jobs report buoyed investor optimism. Australian employment rose by a solid 18,100 in March to handily beat expectations for a second month, while the jobless rate took a surprise dive to 5.8 percent.The Big Four banks underpinned the market for a second session.Westpac Banking Corp added 0.8 percent, Australia and New Zealand Banking Group ...

Singapore shares ease; Keppel hits 2-1/2-month high SINGAPORE: Singapore shares weakened slightly on Thursday, trailing behind other markets in Asia that were boosted by the latest Federal Reserve note of caution on raising interest rates. The benchmark Straits Times Index was down 0.4 percent to 3,196.03 points by 0435 GMT, led by heavy losses in the inter-linked Jardine Cycle & Carriage Ltd, Jardine Strategic Holdings Ltd and Jardine Matheson Holdings Ltd.Shares in conglomerate Keppel Corporation Ltd edged up 0.4 percent to an ...

Taiwan stocks retreat, T$ jumps; TSMC steady before sales result TAIPEI: Taiwan stocks edged down 0.1 percent on Thursday as investors paused after a nearly three-year closing high in the prior session.As of 0215 GMT, the main TAIEX index slipped to 8,922.71, easing from a more than 34-month closing high on Wednesday and roughly in line with other regional bourses.The Taiwan dollar rose 0.68 percent to stand at T$29.957 to the US dollar, its highest level in more than two months, joining other regional currencies ...

China shares flat ahead of trade data SHANGHAI: Chinese shares were flat at the open on Thursday, as the market awaited trade data for March due later in the day, dealers said.The benchmark Shanghai Composite Index was down 0.87 points to 2,104.37.The Shenzhen Composite Index, which tracks stocks on China's second exchange, was up 0.15 percent, or 1.59 points, to 1,089.48. Copyright AFP (Agence France-Presse), 2014


Index Closing Chg%
Arrow DJIA 16,408.54 0.10
Arrow Nasdaq 4,095.52 0.23
Arrow S&P 1,864.85 0.14
Arrow FTSE 6,625.25 0.62
Arrow DAX 9,409.71 0.99
Arrow CAC-40 4,431.81 0.59
Arrow Nikkei 14,516.27 0.68
Arrow H.Seng 22,760.24 0.28
Arrow Sensex 22,628.84 1.58

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln