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US stocks fall as Greek default looms NEW YORK: US stocks dropped early Monday as Greece neared default on its debts and possibly a turbulent exit from the eurozone.About 45 minutes into trade, the Dow Jones Industrial Average was at 17,819.50, down 127.18 points (0.71 percent). The broad-based S&P 500 fell 14.84 (0.71 percent) to 2,06.65, while the tech-rich Nasdaq Composite Index dropped 40.30 (0.79 percent) to 5,040.21.Equity markets in France and Germany were down more than two percent after weekend talks yielded no breakthroughs between creditors and Greece on a deal to release bailout funds in time for Greece to meet a 1.5 billion euro ($1.7 billion) debt payment to the International Monetary Fund due Tuesday.Greece shut its banks and imposed capital controls to halt panic cash withdrawals. Adding to market turbulence, Puerto Rico Governor Alejandro Garcia Padilla told The New York Times the US commonwealth is unable to pay its approximately $72 billion in debt.Dow ...

Stocks edge lower with eyes on Greece; oil dips NEW YORK: A Supreme Court ruling upholding tax subsidies boosted U.S. hospital stocks to record highs on Thursday, while global equity markets edged lower on lingering worries over Greece.Oil prices fell on concerns over the possible impact of Greece's debt crisis on European energy demand and the prospect of Iranian oil adding to a global glut if sanctions are lifted.Greece's international creditors presented a cash-for-reform proposal to euro zone finance ministers in a showdown with ...
Stocks little changed with eyes on Greece; oil off NEW YORK: A Supreme Court ruling upholding tax subsidies boosted some U.S. healthcare stocks to fresh highs on Thursday, while key global equity markets were little changed following a proposal by Greece's creditors to avoid a Greek debt default.Oil prices fell on concerns over the possible impact of Greece's debt crisis on European energy demand and the prospect of Iranian oil adding to a global glut if sanctions are lifted.Greece's international creditors presented a cash-for-reform ...
TSX edges lower, breaks winning streak as energy weighs TORONTO: Canada's main stock index slipped on Thursday, after hitting a 2-1/2-week high this week, but declines were modest, with many investors awaiting some sort of news about and resolution to Greece's debt situation."Clearly the biggest concerns out there include Greece. It's very psychological at this point. It's testing Europe, testing central bankers. People don't know what the effects will be," said Irwin Michael, portfolio manager at ABC Funds.Energy names were among the biggest drags ...
US stocks retreat as Greece talks stall NEW YORK: US stocks followed European equity markets lower Wednesday, dropping sharply on signs of fresh problems in talks between Greece and its international creditors aimed at preventing a Greek debt default.At the closing bell, the Dow Jones Industrial Average was at 17,969.24, down 174.83 points (0.96 percent).The broad-based S&P 500 fell 15.34 (0.72 percent) to 2,108.86, while the tech-rich Nasdaq Composite Index dropped 24.14 (0.53 percent) to 4,524.60.The tone of talks between Greece and ...
Stocks, dollar slip over Greece default jitters NEW YORK: Global equity markets and the dollar slipped on Wednesday as skittish investors sought the safety of less risky assets as the possibility of a Greek debt default loomed a little bit larger.The dollar slid after hitting its highest in more than a week on Tuesday, while yields on U.S. 10-year Treasuries dipped as investors weighed the prospect of higher U.S. interest rates.But the outlook for the dollar remained upbeat despite its decline on ...
Stocks climb on hopes over Greek deal, gold falls NEW YORK: A new offer by Greece on a reform package to avoid a default on its debts raised hopes that a tangible deal with international creditors was still possible, lifting world stock indexes and pushing down gold prices on Monday.Gold prices fell more than 1 percent, while crude oil futures also eased.Euro zone finance ministers left a meeting with Greek officials optimistic over Athens' offer, with talk of more work ahead to achieve a ...

 



 
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


Annual2013/14
Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln