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US shares edge higher; oil pares gains after Iran ship seizure NEW YORK: US shares rebounded in afternoon trading on Tuesday, boosted by strong earnings from Merck and a dividend hike by IBM, while oil prices pared gains on expectations that U.S. crude stockpiles have reached record highs.Merck shares jumped 5.2 percent after the U.S. drugmaker beat quarterly earnings estimates. IBM shares rose 1.8 percent, the biggest positive influence on the Dow, after the company hiked its quarterly dividend by 18 percent.Data showing U.S. single-family home prices rose more than expected in February contributed to the afternoon rebound, although the data was released earlier in the session when some weak corporate results depressed U.S. shares."So far, the first quarter earnings have surpassed expectations and the housing numbers came in strong," said John Augustine, chief investment officer at Huntington Bank in Columbus, Ohio, which oversees more than $12.6 billion in assets. "So anytime you have any good economic data, the markets react ...

Earnings weigh on shares, oil rises on Iran ship seizure NEW YORK: Disappointing corporate earnings handed European shares their biggest daily decline in over a week on Tuesday and left U.S. stocks little changed, while Iran's seizure of a cargo ship in the Gulf lifted oil prices.In U.S. markets, shares of handbag and accessories maker Coach slumped 6.1 percent, while Ford Motor slipped 1 percent in premarket trading. Results from both companies fell short of estimates."Most of the big corporations are missing on revenue and ...
TSX falls broadly as investors sidelined by Fed meeting TORONTO: Canada's main stock index fell on Tuesday as investors shied away from making big bets as the U.S. Federal Reserve kicks off its two-day meeting on monetary policy.A run of lukewarm U.S. economic data during the first quarter has pushed expectations of the Fed raising interest rates until the second half of 2015."(The market's) just trying to figure a timing on when we might see an uptick in interest rates," said Brian Pow, vice ...
Nasdaq sets new record 15 years after dot-com crash NEW YORK: The Nasdaq exchange smashed its 15-year-old record Thursday, breaking through the old mark set at the peak of the dot-com boom in 2000.The Nasdaq Composite Index added 0.42 percent (20.89 points) to finish at 5,056.06, finally making up all the nearly 4,000 points lost in a stunning crash that followed the previous closing mark of 5,048.62 set on March 10, 2000.A final-hour sell-off prevented the S&P 500 from surpassing its own previous record ...
Shares flat on earnings, oil jumps on Middle East worry NEW YORK: Stocks in major markets shook off soft data in big economies to hold near the unchanged mark on Thursday, while oil prices climbed on Middle East tensions.US stocks were little changed. Some strong earnings from AT&T, up 2.6 percent to $33.73, and eBay, up 3.7 percent to $58.84, and a rise in energy-related shares offset weaker manufacturing data along with lackluster reports on the housing and labor markets."There is a little bit less ...
Shares climb on earnings; US Treasuries fall NEW YORK: Stocks in major markets drifted higher on Wednesday as investors took an optimistic view of the latest batch of U.S. corporate earnings, while U.S. Treasury prices declined after home sales data added to anticipation of a rate hike by the U.S. Federal Reserve later this year.Wall Street struggled to find its footing in morning trading as quarterly earnings continued their early trend of companies topping earnings estimates but falling short of revenue expectations. ...
TSX ends lower as resource stocks drive declines TORONTO: Canada's main stock index finished lower on Wednesday, with mining companies and banks heading up the retreat and energy names tempering some of the losses despite volatile trade in crude.The Toronto Stock Exchange's S&P/TSX composite index ended the session down 41.67 points, or 0.27 percent, at 15,304.77. Seven of the index's 10 main groups recorded a loss.Copyright Reuters, 2015 ...

 



 
Index Closing Chg%
Arrow DJIA 18,162.99 0.67
Arrow Nasdaq 5,106.59 1.47
Arrow S&P 2,123.48 0.92
Arrow FTSE 7,033.33 1.21
Arrow DAX 11,771.13 1.26
Arrow CAC-40 5,182.53 1.95
Arrow Nikkei 20,472.58 0.17
Arrow H.Seng 28,081.21 0.60
Arrow Sensex 27,564.66 0.12





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyApril
Trade Balance $-1.795 bln
Exports $1.995 bln
Imports $3.790 bln
WeeklyMay 26, 2015
Reserves $17.749 bln