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US stocks firm on Yellen, euro falls before Greek vote NEW YORK: US stock prices held steady on Wednesday as Federal Reserve chair Janet Yellen affirmed a likely interest rate increase by year-end, while the euro fell ahead of a Greek government vote on whether to accept tough terms for a vital third bailout.Oil prices fell on worries of growing supply from Iran following a landmark deal that would lift sanctions that have curbed its oil sales for several years."If the economy evolves as we expect, economic conditions likely would make it appropriate at some point this year to raise the federal funds rate," Yellen said in a testimony prepared for a U.S. House panel.While a Fed "lift-off" raises domestic borrowing costs, the expected slow pace of rate normalization shouldn't cut much into economic growth and corporate profits, analysts said."Stocks are taking to heart that it's a going to be a kinder and gentler Fed," said Charles Retzky, director of ...

US stocks mixed as Yellen sees 2015 rate hike NEW YORK: US stocks were mixed early Wednesday following solid Bank of America earnings and Federal Reserve Chair Janet Yellen indicating an interest rate hike was still seen in 2015.About 35 minutes into trade, the Dow Jones Industrial Average stood at 18,045.19, down 8.39 points (0.05 percent).The broad-based S&P 500 rose a scant 0.21 (0.01 percent) to 2,109.16, while the tech-rich Nasdaq Composite Index gained 13.86 (0.27 percent) at 5,118.75.Bank of America jumped 2.7 percent ...
Greek agreement lifts equities, but doubts remain NEW YORK: World equity prices climbed on Monday as investors welcomed a conditional agreement to open talks aimed at keeping Greece afloat with a bailout and within the euro zone.European equities jumped almost 2 percent while Wall Street gained about 1 percent after euro zone leaders made Greece surrender much of its sovereignty to outside supervision in return for agreeing to talks on an 86-billion-euro bailout.Investors remained anxious that a deal was not entirely in ...
US stocks rise on Greek deal to stay in eurozone NEW YORK: US stocks rose early Monday, joining a global rally after Greece reached a deal with eurozone leaders on the third bailout and avoided crashing out of the eurozone.About 35 minutes into trade, the Dow Jones Industrial Average was at 17,943.91, up 183.50 points (1.03 percent). The broad-based S&P 500 rose 19.03 (0.92 percent) to 2,095.65, while the tech-rich Nasdaq Composite Index gained 58.80 (1.18 percent) at 5,056.50.Under the deal, Greek Prime Minister Alexis ...
Stocks, euro jump on Greek bid to set debt deal NEW YORK: Global stock markets jumped while the euro rose broadly on Friday on optimism that last-minute concessions by Greek Prime Minister Alexis Tsipras would clinch a deal with the country's international creditors and save it from financial meltdown. US stocks were up about 1 percent in early trading, following gains in both European and Asian equities.The euro jumped more than 2 percent against the yen, while gold prices edged higher. The gains follow a ...
Outage shows NYSE's shrinking impact on stocks NEW YORK: When the New York Stock Exchange halted trade Wednesday morning, broadcasters showed images of brokers on the legendary exchange floor suddenly stopping orders.Yet screens used by investors everywhere continued to flash new trade prices in red and green for ExxonMobil, JPMorgan Chase and other NYSE blue chip stocks, as fresh transactions were executed on other platforms, including the Nasdaq, the NYSE's cross-town rival.The nearly four-hour outage underscored just how diminished the once world-leading ...
US stocks finish higher NEW YORK: US stocks finished higher Thursday, bouncing back from deep losses in the prior session following strong gains in Asian and European equity markets. At the closing bell, the Dow Jones Industrial Average was at 17,547.49, up 32.07 points (0.18 percent).The broad-based S&P 500 rose 4.57 (0.22 percent) to 2,051.25, while the tech-rich Nasdaq Composite Index gained 12.64 (0.26 percent) at 4,922.40.US stocks were in positive territory all day, but the gains eroded in ...


Index Closing Chg%
Arrow DJIA 16,643.01 0.07
Arrow Nasdaq 4,828.32 0.32
Arrow S&P 1,988.87 0.06
Arrow FTSE 6,247.94 0.90
Arrow DAX 10,298.53 0.17
Arrow CAC-40 4,675.13 0.36
Arrow Nikkei 19,136.32 3.03
Arrow H.Seng 21,612.39 1.04
Arrow Sensex 26,392.38 0.61

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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