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TSX dives as Greece crisis spurs bank selloff TORONTO: Canada's main stock index fell more than 1.5 percent on Monday as investors fretted about the impact if Greece exits the euro, with banks taking the brunt of the losses and gold miners listed among the few gainers.A breakdown in talks between Greece and its creditors has pushed the country closer to default on its loans and possibly out of the currency bloc.The six most influential weights on the Canadian stock index were all financial, with Royal Bank of Canada falling 2.4 percent to C$76.42 and Toronto-Dominion Bank declining 2.1 percent to C$53.19. The index's financial group dropped 2.3 percent as a whole.The banks' fall, however, was deemed more of a knee-jerk reaction than a retreat that will be sustained."I don't think any Canadian bank has one dollar of assets in Greece anymore. If they do, shame on them because everybody knew about this four years ago," said Barry ...

Stocks fall, bonds up as Greece veers toward default NEW YORK: US stocks added to a global selloff on Monday as markets digested news of capital controls in Greece and the country veered toward a default on its debt, while the euro recouped some of its earlier losses against the dollar.Talks between Athens and its creditors broke down over the weekend after Prime Minister Alexis Tsipras called a surprise referendum on the austerity cuts in the aid package proposed by Greece's creditors. Tsipras late ...
US stocks fall as Greek default looms NEW YORK: US stocks dropped early Monday as Greece neared default on its debts and possibly a turbulent exit from the eurozone.About 45 minutes into trade, the Dow Jones Industrial Average was at 17,819.50, down 127.18 points (0.71 percent). The broad-based S&P 500 fell 14.84 (0.71 percent) to 2,06.65, while the tech-rich Nasdaq Composite Index dropped 40.30 (0.79 percent) to 5,040.21.Equity markets in France and Germany were down more than two percent after weekend talks ...
Stocks edge lower with eyes on Greece; oil dips NEW YORK: A Supreme Court ruling upholding tax subsidies boosted U.S. hospital stocks to record highs on Thursday, while global equity markets edged lower on lingering worries over Greece.Oil prices fell on concerns over the possible impact of Greece's debt crisis on European energy demand and the prospect of Iranian oil adding to a global glut if sanctions are lifted.Greece's international creditors presented a cash-for-reform proposal to euro zone finance ministers in a showdown with ...
Stocks little changed with eyes on Greece; oil off NEW YORK: A Supreme Court ruling upholding tax subsidies boosted some U.S. healthcare stocks to fresh highs on Thursday, while key global equity markets were little changed following a proposal by Greece's creditors to avoid a Greek debt default.Oil prices fell on concerns over the possible impact of Greece's debt crisis on European energy demand and the prospect of Iranian oil adding to a global glut if sanctions are lifted.Greece's international creditors presented a cash-for-reform ...
TSX edges lower, breaks winning streak as energy weighs TORONTO: Canada's main stock index slipped on Thursday, after hitting a 2-1/2-week high this week, but declines were modest, with many investors awaiting some sort of news about and resolution to Greece's debt situation."Clearly the biggest concerns out there include Greece. It's very psychological at this point. It's testing Europe, testing central bankers. People don't know what the effects will be," said Irwin Michael, portfolio manager at ABC Funds.Energy names were among the biggest drags ...
US stocks retreat as Greece talks stall NEW YORK: US stocks followed European equity markets lower Wednesday, dropping sharply on signs of fresh problems in talks between Greece and its international creditors aimed at preventing a Greek debt default.At the closing bell, the Dow Jones Industrial Average was at 17,969.24, down 174.83 points (0.96 percent).The broad-based S&P 500 fell 15.34 (0.72 percent) to 2,108.86, while the tech-rich Nasdaq Composite Index dropped 24.14 (0.53 percent) to 4,524.60.The tone of talks between Greece and ...

 



 
Index Closing Chg%
Arrow DJIA 17,596.35 1.95
Arrow Nasdaq 4,958.47 2.40
Arrow S&P 2,057.64 2.09
Arrow FTSE 6,620.48 1.97
Arrow DAX 11,083.20 3.56
Arrow CAC-40 4,869.82 3.74
Arrow Nikkei 20,109.95 2.88
Arrow H.Seng 25,966.98 2.61
Arrow Sensex 27,645.15 0.60





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMay
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJune 25, 2015
Reserves $17.457 bln