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US, European shares up after China stimulus but Greece weighs NEW YORK: European and US stocks rose on Monday after China announced economic stimulus measures while the euro fell against the dollar on worries Greece may default.Wall Street reversed course after falling steeply on Friday, as companies reported good quarterly earnings although without enough strength to push stocks to record highs. A hefty cut announced on Sunday in the amount of cash Chinese banks must keep in reserves aimed at boosting lending initially lifted shares in China and Japan but both gave up their gains to end lower as investors focused on new Chinese stock trading regulations unveiled last week. "What's helped the market today is the story about more stimulus in China," said Rick Meckler, President of LibertyView Capital Management in Jersey City, New Jersey. But the downside, he said, is that the stimulus is a response to a stubborn lack of growth and concerns remain about currency effects ...

TSX falls as oil slip takes down energy stocks TORONTO: Canada's main stock index opened lower on Friday, with heavyweight banks and energy companies weighing as crude prices slipped on signs of rising supply. The Toronto Stock Exchange's S&P/TSX composite index was down 101.65 points, or 0.66 percent, at 15,285.12 shortly after the open. That was its lowest level all week.Copyright Reuters, 2015 ...
Wall St holds steady, oil rises and dollar declines NEW YORK: Wall Street equities finished modestly lower on Thursday as investors worried about coming corporate results, while European stocks fell nearly 1 percent under the weight of Greece's worsening financial predicament.Euro zone government borrowing costs hit new lows, the dollar dropped, and oil prices climbed to fresh 2015 highs on fighting in Yemen.Wall Street was down most of Thursday despite another flurry of better-than-expected profit reports, including Netflix and Goldman Sachs, and eye-catching initial ...
European stocks fall on Greek crisis; Wall St turns higher NEW YORK: European stocks declined nearly 1 percent on Thursday, pressured by Greece's worsening financial predicament, and euro zone government borrowing costs hit new lows.U.S. stocks edged higher on another flurry of better-than-expected profit reports, including ones from Netflix and Goldman Sachs.German government bond yields fell to record lows after the Financial Times reported that the International Monetary Fund rebuffed an informal request by Greek officials to delay loan repayments.Greek Prime Minister Alexis Tsipras told ...
Energy drop leads TSX into red TORONTO: Canada's main stock index fell on Thursday as energy bears won a scuffle in the ongoing battle against bulls who expect a recovery in crude oil prices to limit long-term damage to the country's major oil and gas industry.A day earlier the index hit a seven-month high, helped by a surge in the price of oil, but investors failed to muster much enthusiasm for a fresh 2015 crude price peak hit after militants took ...
US stocks edge lower on mixed earnings, Greece worries NEW YORK: US stocks finished barely lower Thursday following mixed earnings and lackluster economic data as worries about Greece's finances returned to the forefront.At the closing bell, the Dow Jones Industrial Average was at 18,108.20, down 4.41 points (0.02 percent).The broad-based S&P 500 dipped 1.53 (0.07 percent) to 2,105.10, while the tech-rich Nasdaq Composite Index shed 3.23 (0.06 percent) at 5,007.79.New construction of homes in the United States rose 2.0 percent to an annual rate ...
Oil price jump pushes resource-rich TSX higher TORONTO: A surge in the price of oil helped Canada's main stock index gain on Wednesday, as its weighty oil and gas companies rose.During the session, the Toronto Stock Exchange's S&P/TSX composite index hit a fresh seven-month high, although it later pared those advances to finish up 0.4 percent. "The TSX is taking its cue from what's going on in crude oil," said Shailesh Kshatriya, an associate director for client strategies for Russell Investments Canada. ...


Index Closing Chg%
Arrow DJIA 18,070.40 1.26
Arrow Nasdaq 5,016.93 0.23
Arrow S&P 2,114.49 0.29
Arrow FTSE 6,985.95 0.36
Arrow DAX 11,619.85 1.44
Arrow CAC-40 5,081.97 0.70
Arrow Nikkei 19,531.63 0.06
Arrow H.Seng 28,133.82 0.03
Arrow Sensex 27,490.59 1.77

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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 $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyMay 04, 2015
Reserves $17.491 bln