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Scottish referendum fears slam pound; stocks fall: global markets NEW YORK: Scotland's threat to secede from the United Kingdom knocked the British pound to a 10-month low against the US dollar on Monday and sparked weakness in major stock markets already uncertain as to whether a cease-fire in Ukraine would hold.For the first time this year, an opinion poll showed that Scots may vote for independence next week in a referendum that could herald the break-up of Great Britain.The pound slumped and Britain's top shares dropped further from a recent 14-1/2-year high as companies with strong business ties to Scotland fell across the board.One of Scotland's leaders advocating independence said Scotland would share the pound with Britain, but the U.K. government has ruled this out, leading to uncertainty about valuations, debt and the sharing of North Sea oil revenues."If Scotland decides to go down the road of a new currency, what effect does that have on (these companies') Scottish ...

TSX down as oil, gold weigh on resource stocks TORONTO: Canada's main stock index fell on Monday as weaker commodities prices, including oil's drop below $100 a barrel, weighed on shares of energy and mining companies.Brent crude fell below the psychologically important $100 a barrel level before ending in three-digit territory, while gold also fell more than 1 percent to a three-month low.The Toronto index is dominated by resource stocks, and the heavyweight energy and materials sectors were the biggest drags, losing 1.5 percent ...
US stocks mostly lower on data, Scotland vote NEW YORK: US stocks Monday finished mostly lower following disappointing economic data from China and Japan and the growing specter of Scotland breaking away from the United Kingdom.At the closing bell, the Dow Jones Industrial Average stood at 17,109.72, down 27.64 points (0.16 percent).The broad-based S&P 500 fell 6.28 (0.31 percent) to 2,001.43, while the tech-rich Nasdaq Composite Index rose 9.39 (0.20 percent) to 4,592.29."US equities are taking a breather following a five-week rally," Wells ...
US stocks near flat; energy weighs on Dow, S&P 500 NEW YORK: Dow and S&P 500 are down at midday following a drop in energy shares, while the Nasdaq is up slightly.Shares of Exxon Mobil are down 1.2 percent, while shares of Chevron are down 0.7 percent, both among the biggest drags on the Dow and S&P 500. The S&P energy index is down 1.4 percent, the day's worst-performing sector as oil prices decline.Tech shares are rising, including Yahoo, which is up 2.6 percent and ...
Scotland vote fears slam pound; stocks falter: global markets NEW YORK: The threat of Scotland splitting from Britain knocked the pound to a 10-month low against the dollar on Monday and sparked caution across equity markets already uncertain about whether a cease-fire in Ukraine would hold.An opinion poll showed for the first time this year that Scots may vote for independence next week in a referendum that could herald the break-up of the United Kingdom.The pound slumped and Britain's top shares dropped further from ...
Vimicro shares up 14pc amid spike in bullish call buying NEW YORK: Shares of China-based Vimicro International Corp are up more than 14 percent amid a spike in bullish call buying on Monday. Brokerage firm Needham raised its target price on the technology stock. Options volume on Vimicro is up to nearly 42 times the normal level, with 2,551 calls and 37 puts traded, according to data from options analytics firm Trade Alert. The April $5 strike calls, which expire at the close on April ...
TSX weakens modestly as commodity prices drop TORONTO: Canada's main stock index edged lower on Monday as weaker commodities prices, including oil's drop below $100 a barrel, weighed on shares of energy and mining companies.Gains in Canadian National Railway and Canadian Pacific Railway after Goldman Sachs raised its share-price targets for the two companies helped mitigate the market's losses.The railway shares were among the index's biggest gainers. CN Rail was up 0.9 percent at C$80.63, and CP Rail rose 0.5 percent to ...

 



 
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