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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 proposal to euro zone finance ministers in a showdown with Athens, after negotiations failed to yield a plan to avert a default."There is still a bit of optimism left that a deal can be done ... A failure to reach a deal is certainly not priced into the market just yet," Peregrine & Black senior analyst Markus Huber said.Market participants had assumed this week that a deal would eventually be reached after European officials said ...

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 ...
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 ...
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 ...

 



 
Index Closing Chg%
Arrow DJIA 17,730.11 0.16
Arrow Nasdaq 5,009.22 0.08
Arrow S&P 2,076.78 0.03
Arrow FTSE 6,585.78 0.67
Arrow DAX 11,058.39 0.37
Arrow CAC-40 4,808.22 0.57
Arrow Nikkei 20,539.79 0.08
Arrow H.Seng 26,064.11 0.83
Arrow Sensex 28,092.79 0.53





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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%
MonthlyMay
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 01, 2015
Reserves $18.5 bln