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US equities fall on Chinese sell-off NEW YORK: Wall Street stocks began a busy week of earnings and economic reports sharply lower in early trade Monday following a plunge in Chinese equity markets.About 35 minutes into trade, the Dow Jones Industrial Average stood at 17,414.97, down 153.56 points (0.87 percent).The broad-based S&P 500 fell 13.79 (0.66 percent) to 2,065.86, while the tech-rich Nasdaq Composite Index dropped 41.11 (0.81 percent) to 5,047.52.US and European equity markets retreated after the Shanghai exchange plummeted 8.48 percent on fears the Chinese government will pull back on support measures that have stabilized the market the last three weeks.The US calendar includes a Federal Reserve policy meeting and earnings reports from Facebook, Pfizer and Procter & Gamble.Allergan rose 5.4 percent after reaching a deal to sell its generic drug business to Israeli pharmaceutical giant Teva for $40.5 billion. Teva jumped 10.0 percent.Teva said it was abandoning an effort to buy rival Mylan, ...

TSX extends losses, dragged by Valeant, banks, resources TORONTO: Canada's main stock index extended its losses for the week on Friday, hurt by profit taking on Canadian drugmaker Valeant Pharmaceuticals International Inc and continued declines in the key financials, materials and energy groups. The Toronto Stock Exchange's S&P/TSX composite index fell 40.95 points, or 0.29 percent, to 14,224.42 shortly after the open. Half of the index's 10 main sectors lost ground.Copyright Reuters, 2015 ...
TSX extends slide on commodities rout, earnings TORONTO: Canada's main stock index fell on Friday as a rout in commodity prices pushed mining and energy stocks toward deeper losses, while disappointing earnings and some profit taking also added to the declines. "What we're into here is a bit of a malaise as concerns build about the economy in Canada and the state of the global commodities," said Michael Sprung, president at Sprung Investment Management Inc. "Toronto's just having a very tough time.Given ...
US stocks open mixed; Amazon soars on surprise profit NEW YORK: US stocks were mixed in opening trade Friday, with Amazon soaring after its surprise profit report and pulling the Nasdaq higher, but concerns about poor Chinese manufacturing data dented market sentiment.Five minutes into trade, the tech-rich Nasdaq Composite Index was up 7.89 points (0.15 percent) at 5,154.30, lifted by Amazon's 16.8 percent jump after the online retail giant reported an unexpected swing into profit in the second quarter.The Dow Jones Industrial Average edged ...
US stocks mixed as GM rises, Caterpillar falls NEW YORK: US stocks were mixed in opening trade Thursday following a torrent of mostly solid earnings reports from General Motors, United Airlines and others.Five minutes into trade, the Dow Jones Industrial Average was at 17,844.33, down 6.71 points (0.04 percent).The broad-based S&P 500 added 1.76 (0.08 percent) at 2,115.91, while the tech-rich Nasdaq Composite Index gained 7.05 (0.15 percent) at 4,630.29.Strong earnings results pushed up United Continental, parent of United Airlines, by 4.5 percent, ...
US stocks fall; Apple down 4.9pc as earnings disappoint NEW YORK: A 4.9 percent plunge by Apple following a disappointing earnings report led US stocks lower in early trade Wednesday.About 40 minutes into trade, the tech-rich Nasdaq Composite Index was at 5,174.75, down 33.37 points (0.64 percent).The Dow Jones Industrial Average shed 21.62 (0.12 percent) to 17,897.67, while the broad-based S&P 500 fell lost 3.04 (0.14 percent) at 2,116.17.Apple tumbled despite reporting that net income for the quarter ending June 27 jumped 38 percent ...
TSX rises as natural resource shares rebound TORONTO: Canada's main stock index rose on Tuesday as a rebound in commodity prices helped drive up shares of energy and mining companies. Shares of gold miners tumbled in the previous session, with the price of gold dropping to a five-year low, sparked by Chinese selling.Shares of Barrick Gold Corp, the world's biggest gold producer, dropped nearly 16 percent on Monday. But on Tuesday the benchmark TSX index's gold-mining group jumped 4.5 percent, with the ...


Index Closing Chg%
Arrow DJIA 16,528.03 0.69
Arrow Nasdaq 4,776.51 1.07
Arrow S&P 1,927.18 0.84
Arrow FTSE 6,247.94 0.90
Arrow DAX 10,259.46 0.38
Arrow CAC-40 4,652.95 0.47
Arrow Nikkei 18,890.48 1.28
Arrow H.Seng 21,670.58 0.27
Arrow Sensex 26,283.09 0.41

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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln