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Shares stung by world growth worries; yen sags NEW YORK: World stock markets slipped on Thursday on signs the Chinese and European economies were slowing, while Japan's yen slid to a seven-year low against the dollar on expectations of more Japanese stimulus.The worries about global demand weighed on Wall Street, which opened lower, and fueled price gains in US government debt. The MSCI index of world stocks was flat, while a gauge of European stocks slipped 0.3 percent."Slowing (purchasing managers indices) growth in China and the euro zone helped put risk appetite on the back foot," said strategist Gennadiy Goldberg at TD Securities in New York.The China flash HSBC/Markit manufacturing purchasing managers' index showed factory output contracted in the world's second-biggest economy for the first time in six months. .In Europe, signs were just as gloomy as the private sector in Germany grew at its slowest pace in 16 months, and in France a slight pick-up was overshadowed ...

Wall St dips after record with eyes on Fed minutes NEW YORK: US stocks fell on Wednesday, following record closing highs on the S&P 500 and Dow in the previous session, ahead of minutes from the most recent Federal Reserve policy meeting.The Fed is set to publish minutes from the Federal Open Market Committee's October policy meeting at 2:00 p.m. EST (1900 GMT). They are expected to show the Fed's path is diverging from other major central banks that are increasing their stimulus programs. This ...
TSX falls as energy, bank shares lead decline TORONTO: Canada's main stock index slipped on Wednesday, weighed down by declines in the energy and financial sectors, as investors awaited the release of minutes from the latest Federal Reserve policy meeting.The US central bank is expected to shed light on its interest-rate outlook, seen as a major catalyst for the markets.The benchmark TSX has recovered after a recent selloff, gaining about 10 percent from an eight-month low hit in October."We've seen a nice little ...
S&P 500, Dow end at record highs, boosted by healthcare NEW YORK: The Dow and S&P 500 closed at record highs on Tuesday, lifted by further gains in healthcare shares and hopes for a stronger global economy. The S&P 500 scored its fourth straight day of gains. Actavis Plc, Gilead Sciences and other biotechs were among the biggest drivers, a day after Allergan agreed to be bought by Actavis. The Nasdaq biotech index rose 2.1 percent. The S&P health care index added 1.6 percent. Shares ...
Japan recession weighs on Wall St but M&A supports NEW YORK: US stocks dipped on Monday, following four consecutive weeks of gains on Wall Street, as energy shares fell alongside crude futures after Japan slipped into recession.Merger and acquisition news offset the declines as Halliburton said it would buy Baker Hughes and Allergan agreed to be bought by Actavis.Japan's economy unexpectedly slipped into recession in the third quarter, setting the stage for Prime Minister Shinzo Abe to delay an unpopular sales tax hike and ...
Financial shares drive TSX to near seven-week high TORONTO: Canada's main stock index jumped to its highest in nearly seven weeks on Monday with declines in resource stocks offset by stronger financial shares as investors shrugged off data showing Japan fell into a recession in the third quarter.Japan's gross domestic product shrank by an annualized 1.6 percent in the July-September quarter, after diving 7.3 percent in the second quarter following a rise in the national sales tax.The Toronto stock market's benchmark TSX index ...
Stocks, oil decline as Japan slips into recession NEW YORK: Global equity markets and oil prices fell on Monday after news that Japan unexpectedly slipped into recession in the third quarter renewed concerns about the global economy.The Japanese yen steadied against the U.S. dollar, pulling back from a fresh seven-year low, as the news set the stage for Prime Minister Shinzo Abe to delay an unpopular sales tax hike and call an election two years before he has to.Japan's economy shrank an annualized ...


Index Closing Chg%
Arrow DJIA 17,810.06 0.51
Arrow Nasdaq 4,712.97 0.24
Arrow S&P 2,063.50 0.52
Arrow FTSE 6,750.76 1.08
Arrow DAX 9,732.55 2.62
Arrow CAC-40 4,347.23 2.67
Arrow Nikkei 17,357.51 0.33
Arrow H.Seng 23,437.12 0.37
Arrow Sensex 28,334.63 0.95

Banking Review 2013

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln