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US stocks up but Oracle slumps on weak earnings NEW YORK: US stocks opened higher Thursday as data showed modestly higher inflation and fewer jobless claims while shares of technology giant Oracle tanked on disappointing earnings.Five minutes into trade, the Dow Jones Industrial Average stood at 18,049.35, up 113.61 points (0.63 percent).The broad-based S&P 500 rose 9.75 (0.46 percent) to 2,110.19, while the tech-rich Nasdaq Composite Index gained 29.02 (0.57 percent) to 5,093.90.The gains followed a Wednesday Federal Reserve policy announcement and news conference widely seen as dovish on the plan to lift interest rates from near-zero levels.Higher gasoline prices lifted the consumer price index by 0.4 percent in May, while US jobless claims dropped 12,000 to 267,000 in the week ending June 13, data showed.Software and networking giant Oracle fell 7.2 percent as it reported net income for the quarter ending May 31 of 78 cents per share, nine cents below analyst expectations. The company said results were ...

Dollar falls, Wall St up in volatile post-Fed trading NEW YORK: The dollar extended losses against the euro and yen, while U.S. stocks gained in volatile afternoon trading, after the Federal Reserve indicated there would be a rate hike by the end of the year.The U.S. central bank said the economy was likely strong enough to support an interest rate increase by the end of the year, though it also lowered its expectations for 2015 economic growth because of a weak start to the ...
TSX little changed as markets await Fed TORONTO: Canada's main stock index gyrated between positive and negative territory late morning on Wednesday, as many key sectors reversed or pared earlier gains ahead of the Federal Reserve's latest monetary policy statement.Market participants were awaiting the Fed statement and press conference starting at 2:00 p.m. ET (1800 GMT), for clues on the central bank's view of the U.S. economy and when it would be ready to hike interest rates. Many are expecting a move ...
US stocks rise ahead of Fed announcement NEW YORK: US stocks snapped a two-day losing streak Tuesday, finishing solidly higher ahead of a Federal Reserve policy announcement expected to shed light on the timing of interest rate hikes.The Dow Jones Industrial Average gained 113.31 points (0.64 percent) to 17,904.48.The broad-based S&P 500 rose 11.86 (0.57 percent) to 2,096.29, while the tech-rich Nasdaq Composite Index advanced 25.58 (0.51 percent) to 5,055.55.Michael James, managing director of equity trading at Wedbush Securities, said US stocks ...
TSX pauses ahead of Fed, frets about Greece TORONTO: Canada's main stock index treaded water on Tuesday as a bump in crude oil prices boosted energy stocks while investors fretted about the Greek debt crisis and awaited the Federal Reserve's looming interest rate decision.Some miners and industrial stocks in the Toronto Stock Exchange's S&P/TSX composite index, which has been grinding slowly lower since April, dropped sharply as gold, iron ore and copper markets fell."Greece will continue to be a dark cloud for the ...
Euro falls amid Greek standoff, but shares rebound NEW YORK: The euro fell on Tuesday as it appeared more likely that debt-stricken Greece would default or have to leave the single currency, while the U.S. dollar rose at the start of a two-day meeting by the Federal Reserve.Stocks mostly rose on the day, with shares in both Europe and the United States rebounding after a two-day decline, though investors continued to closely monitor the situation with Greece. Wall Street stocks were also supported ...
TSX dips at open as most sectors slide TORONTO: Canada's main index opened lower on Tuesday, as market sentiment remained subdued on Greek debt worries and most sectors retreated. The Toronto Stock Exchange's S&P/TSX composite index was down 32.33 points, or 0.22 percent, at 14,723.72 shortly after the open. Eight of the index's 10 main groups were in the red. Copyright Reuters, 2015 ...

 



 
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