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Asian stocks higher as China PMI lifts Hong Kong, Shanghai HONG KONG: Asian markets mostly rose Thursday, with another weak reading on Chinese manufacturing lifting Hong Kong and Shanghai on hopes for further stimulus while a weaker yen provided a boost to Japanese exporters.Wall Street pushed higher on the back of strong house sales data, which also supported the dollar, while the euro struggled under worries about Greece's future in the eurozone. Tokyo climbed 0.34 percent by lunch, Hong Kong added 0.90 percent, Shanghai rose 0.32 percent and Seoul gained 0.55 percent while Sydney was flat.HSBC said its preliminary purchasing managers index (PMI) of manufacturing activity in China had slipped to a 12-month low in April, the latest data to show the world's number two economy slowing.The reading of 49.2 is well down from the 49.6 seen in March and well below the 50 break-even point that separates growth from expansion in the sector.However, the result led Hong Kong and ...

Tokyo stocks up 0.34pc by break TOKYO: Tokyo stocks rose 0.34 percent Thursday morning following a Wall Street rally, and extending gains a day after closing above 20,000 for the first time in 15 years.The Nikkei 225 rose 68.18 points to 20,202.08 by the break, while the broader Topix index of all first-section shares climbed 0.45 percent, or 7.33 points, to 1,629.12.Tokyo's rise tracked gains in New York where generally upbeat corporate earnings and a big jump in existing-home sales pushed ...
Hong Kong stocks up 0.56pc by break HONG KONG: Hong Kong shares ended the morning session 0.56 percent higher Thursday following a positive lead from Wall Street, while another weak Chinese manufacturing report increased hopes of more stimulus from Beijing.Hong Kong's benchmark Hang Seng Index added 157.78 points to 28,091.63 by lunch on turnover of HK$107.95 billion ($13.93 billion).In mainland China the benchmark Shanghai Composite Index rose 0.21 percent, or 9.23 points, to 4,407.72.The Shenzhen Composite Index, which tracks stocks on China's ...
Euro sinks in Asia as Tokyo ends at 15-year high HONG KONG: Japanese shares ended above 20,000 Wednesday for the first time in 15 years as the country recorded its first trade surplus for almost three years, while the euro weakened on pessimism about a Greek bailout deal.With few catalysts to spur business in Asia, several other markets fell following a broadly negative lead from Wall Street.Tokyo jumped 1.13 percent, or 224.81 points, to finish at 20,133.90 -- ending above 20,000 for the first time ...
Indian shares rebound from four-week low on value-buying MUMBAI: Indian shares bounced back from a four-week low on Wednesday, snapping a five-session losing streak as blue-chips such as Sun Pharmaceutical Industries rose on value buying.The benchmark BSE index closed up 0.77 percent at 27,890.13, while the broader NSE index rose 0.62 percent to 8,429.70.Sun Pharmaceutical Industries closed up 1.64 percent. The stock fell 8.8 percent on Tuesday, its worst daily fall in six years.Copyright Reuters, 2015 ...
Hong Kong stocks close up 0.30pc HONG KONG: Hong Kong shares closed 0.30 percent higher on Wednesday, tracking a surge in Shanghai and extending its recent rally on hopes for further economy-boosting measures by China.The benchmark Hang Seng Index added 83.36 points to 27,933.85. Turnover was HK$187.85 billion ($24.24 billion).In mainland China the benchmark Shanghai Composite Index jumped 2.44 percent, or 104.87 points, to 4,398.49.The Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 2.74 percent, or 59.53 points, ...
Tokyo's Nikkei closes above 20,000 for first time in 15 years TOKYO: Tokyo's benchmark index closed above 20,000 on Wednesday for the first time in 15 years as hopes for strong Japanese corporate earnings drove the market higher, despite a weak lead from Wall Street.The Nikkei 225 index at the Tokyo Stock Exchange added 1.13 percent, or 224.81 points, to finish at 20,133.90. It last closed above the psychologically important level in April 2000.That puts the Nikkei at a mark last seen when Sony's groundbreaking PlayStation ...


Index Closing Chg%
Arrow DJIA 18,037.97 0.23
Arrow Nasdaq 5,060.25 0.63
Arrow S&P 2,108.92 0.41
Arrow FTSE 7,103.98 0.47
Arrow DAX 12,039.16 1.93
Arrow CAC-40 5,268.91 1.30
Arrow Nikkei 19,983.32 0.18
Arrow H.Seng 28,433.59 1.33
Arrow Sensex 27,176.99 0.95

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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyApril 16, 2015
Reserves $16.818 bln