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China bounce snaps five-day equity sell-off LONDON/NEW YORK: World equity markets snapped a five-day sell-off and safe-haven assets such as bonds, the Swiss franc and yen fell on Thursday as Beijing regulators halted a rout in Chinese stocks and Europe revived hopes that Greece could be kept in the euro currency union.Shares on Wall Street rebounded about 1 percent, having been dragged into the red for the year on Wednesday by China's market crash, cliff-hanger talks on Greece and a benign yet unsettling glitch on the New York Stock Exchange. On Thursday China's securities regulator stemmed the slide in local shares by forbidding selling by shareholders with large stakes in listed firms."The Chinese market has shown a nice rebound for a day but it is important to note that many of the owners are restricted from selling their shares and half the companies have suspended trading," said Randy Frederick, managing director of trading and derivatives for ...

TSX bounces higher on China moves; Pacific Rubiales plunges TORONTO: Canada's main stock index regained some ground on Thursday after Wednesday's bruising retreat, but it was off session highs as energy and mining stocks gave up early gains, undermining stronger financial stocks.A sharp drop in oil prices and risk aversion sparked by an equities selloff in China had sent the TSX down nearly 1.5 percent on Wednesday, but moves by Beijing to stem the country's stocks rout helped calm markets on Thursday."It's the proverbial ...
Bay St opens higher on tech, consumer stocks OTTAWA: Canada's main stock index rose shortly after the opening bell on Thursday as gains in consumer and tech stocks offset declines in commodity-related companies. At 9:35 a.m. ET (1335 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 14.51 points, or 0.1 percent, to 14,567.84. Copyright Reuters, 2015 ...
US bond prices rise after jobs data disappoint NEW YORK: US Treasuries prices turned higher on Friday, erasing earlier losses, as domestic payrolls data in June fell short of forecast in June, reducing bets the Federal Reserve would increase interest rates this year. The US Labor Department said US employers added 223,000 workers last month, less than the 230,000 increase projected by economists polled by Reuters. It downgraded its readings of April and May job increases, resulting in 60,000 fewer jobs created than ...
US stocks up ahead of likely Greek default NEW YORK: Wall Street stocks rose early Tuesday, recovering some of the losses from Monday's rout even as Greece edged closer to a debt default.About 25 minutes into trade, the Dow Jones Industrial Average was at 17,663.48, up 67.13 points (0.38 percent).The broad-based S&P 500 rose 9.66 (0.47 percent) to 2,067.30, while the tech-rich Nasdaq Composite Index advanced 28.41 (0.57 percent) to 4,986.88.US stocks fell sharply Monday in a global equity sell-off sparked by Greece's ...
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 ...
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 ...


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