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Stocks rise on Fed; report of Chinese stimulus NEW YORK: Stock markets around the world rose on Wednesday, boosted by speculation that the U.S. Federal Reserve would maintain a pledge to keep rates low for a "considerable time."A report that China's central bank would provide the country's big lenders with fresh funds also contributed to the bullish tone, overshadowing the uncertainty surrounding Thursday's Scottish independence referendum, which most polls suggest is too close to predict.Markets rallied on Tuesday as investors bet that the Fed would keep the "considerable time" language in its statement, which will be released in the afternoon. While the phrase may be qualified, dropping it entirely may be taken as a hawkish step that could pressure equities and strengthen the dollar further."There is no overwhelming need to come across all hawkish yet and, a return to some kind of normality is expected at some stage, the Fed is unlikely to take any chances which could ...

TSX declines as investors brace for Fed TORONTO: Canada's main stock index fell on Wednesday as investors anxiously awaited release of a US Federal Reserve policy statement at the conclusion of a two-day Fed meeting later in the day.Investors will search the statement for changes in the US central bank's outlook on interest rates, with market expectations swinging back and forth on how fast the Fed will move to raise rates.The volatility of global markets has increased in recent weeks as the ...
Wall St edges up ahead of Fed statement NEW YORK: US stocks were rising slightly late on Wednesday morning ahead of a key statement by the Federal Reserve which is expected to provide clues on the next monetary policy move by the U.S. central bank.Materials sector shares were leading the advance, with DuPont up 4.3 percent at $68.64 after activist investor Nelson Peltz's Trian Fund Management, among the biggest shareholders in the company, urged it to separate its high-growth businesses from those with ...
Wall St ends up as views shift on Fed's next move NEW YORK: US stocks ended higher on Tuesday, with the S&P 500 notching its best performance in a month after a news report shifted investor expectations for the Federal Reserve's policy statement Wednesday. Based on the latest available data, the Dow Jones industrial average rose 100.96 points, or 0.59 percent, to 17,132.1, the S&P 500 gained 14.87 points, or 0.75 percent, to 1,999 and the Nasdaq Composite added 33.86 points, or 0.75 percent, to 4,552.76.Copyright ...
Microsoft boosts dividend 11pc, adds new directors SEATTLE: Microsoft Corp on Tuesday announced the smallest percentage increase in its quarterly dividend since 2009 and appointed new directors to replace two board members who decided not to seek re-election. The increase, 11 percent to 31 cents per share, is in line with the software company's revenue growth last fiscal year but half of last year's 22 percent hike.Microsoft, like rival Apple Inc, has been under pressure from activist shareholders to hand back more ...
Wall St higher on uncertainty over Fed's next move NEW YORK: US stocks were rising on Tuesday with markets reacting to wavering expectations over the language the Federal Reserve will use Wednesday to describe its future interest rate policy.Major indexes hit session highs in early afternoon, with participants citing a report in the Wall Street Journal as an indication the Fed would be if not dovish, at least less hawkish than some expect."Investors are getting squirrelly going into tomorrow's meeting, which we believe is ...
Stocks turn higher ahead of Fed meeting, oil up NEW YORK: Stock markets around the world rose on Tuesday, adding to earlier gains as investors bet that the U.S. Federal Reserve wouldn't adjust guidance about how soon the central bank would raise interest rates.There had been speculation that the Federal Reserve could raise interest rates sooner and faster than previously predicted, a theory that has supported the U.S. dollar and pressured equities of late, though U.S. indexes remain near record levels. However, those concerns ...

 



 
Index Closing Chg%
Arrow DJIA 17,279.74 0.08
Arrow Nasdaq 4,579.79 0.30
Arrow S&P 2,010.40 0.05
Arrow FTSE 6,837.92 0.27
Arrow DAX 9,799.26 0.01
Arrow CAC-40 4,461.22 0.08
Arrow Nikkei 16,321.17 1.58
Arrow H.Seng 24,306.16 0.57
Arrow Sensex 27,090.42 0.08





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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 $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 18, 2014
Reserves $13.525 bln