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China shares rise sharply on signs of fresh government support SHANGHAI: China stocks jumped more than 4 percent for a second straight day on Friday as signs of fresh support from Beijing prompted more bargain hunting following the earlier plunge that panicked global markets. The mainland's blue-chip CSI300 index rose 4.3 percent, to 3,342.29 points, reducing the week's loss to 6.9 percent. The Shanghai Composite Index gained 4.8 percent to 3,232.35 points, though for the week, it lost 7.9 percent. But a rally in Hong Kong petered out, with the flagship Hang Seng Index changing course before the closing bell and losing 1 percent. "Investor confidence remains shaky," said Dominic Chan, analyst at GF Securities in Hong Kong. He said many investors believed the recent rally in Hong Kong is not sustainable, and they felt that way about mainland markets too. China's surprise currency devaluation on Aug. 11 and a survey showing deteriorating factory activity had help trigger a savage ...

Sri Lankan shares rise for third day; investors snap up battered stocks COLOMBO: Sri Lankan shares rose more than 1 percent on Friday, rising for a third straight session, as investors bought into select battered stocks like conglomerate John Keells Holdings Plc after recent falls. The main stock index ended 1.06 percent, or 77.38 points, higher at 7,350.52, moving further away from its lowest close since July 23 hit on Tuesday. The index had lost 3.2 percent in the two sessions through Tuesday as foreign investors sold ...
Hong Kong stocks close 1.04pc lower HONG KONG: Hong Kong stocks closed 1.04 percent lower on Friday, losing early gains that were driven by advances on Wall Street following stronger-than-expected US economic growth estimates.The benchmark Hang Seng Index lost 226.15 points to finish at 21,612.39 on turnover of HK$112.88 billion ($14.55 billion).Copyright AFP (Agence France-Presse), 2015 ...
Tokyo stocks surge more than 3pc in afternoon trade TOKYO: Tokyo shares soared over 3.0 percent Friday afternoon, extending gains from a day earlier after strong US data sent Wall Street flying and fuelled a global rally that saw a surge in Chinese equities.The Nikkei-225 index at the Tokyo Stock Exchange rose 3.33 percent, or 618.24 points, to 19,192.68 with about an hour to go before the market closes.The Topix index of all first section shares jumped 3.65 percent, or 54.77 points, to 1,555.18.Tokyo's ...
Tokyo stocks jump 2.77pc by break after Wall St. surge TOKYO: Tokyo stocks jumped 2.77 percent Friday morning, extending gains from a day earlier after strong US economic data sent Wall Street flying and set off a global rally that saw a surge in Chinese equities.The benchmark Nikkei 225 index at the Tokyo Stock Exchange was up 513.66 points to 19,088.10 by the break, while the Topix index of all first section shares rose 3.13 percent, or 46.99 points, to 1,547.40.Tokyo's rise came after the ...
Shanghai shares up 1.93pc by the break SHANGHAI: Shanghai stocks were up 1.93 percent at midday on Friday, extending gains after China cut interest rates earlier in the week and amid rises in global markets following days of turmoil.The benchmark Shanghai Composite Index jumped 59.43 points to 3,143.02. The Shanghai market surged 5.34 percent on Thursday, cheered by a rally on Wall Street after the Chinese rate cut.The Shenzhen Composite Index, which tracks stocks on China's second exchange, added 1.87 percent, or ...
Asia markets rally after strong US growth figures SHANGHAI: Asia stocks staged another rally in early trade on Friday, taking heart from strong US growth figures to cement a recovery after a torrid week when global markets took fright over China's gloomy economic outlook.Tokyo led the gains, with Hong Kong and Shanghai in tow, and oil prices zoomed higher after the US reported a surprisingly strong new estimate of economic growth in the second quarter.The latest data, which showed the world's biggest economy ...

 



 
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