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Shanghai shares close down more than 3pc SHANGHAI: Chinese shares plunged again Thursday, with Shanghai ending more than three percent lower after another volatile day despite regulators relaxing margin trading rules.The benchmark Shanghai Composite Index dropped 3.48 percent, or 140.93 points, to 3,912.77 on turnover of 736.0 billion yuan ($120.3 billion). It slumped as much as 6.38 percent in late afternoon trade before recovering slightly.The Shenzhen Composite Index, which tracks stocks on China's second exchange, plummeted 5.55 percent, or 130.32 points, to 2,215.81 on turnover of 552.3 billion yuan.Chinese markets were among the world's best performers earlier this year, with Shanghai rising more than 150 percent over 12 months in a spectacular borrowing-fuelled bull run until it peaked on June 12.But it has since lost a quarter of its value, putting it in bear market territory, with the losses largely attributed to fears stocks were overvalued, profit-taking and margin traders unwinding their positions."High volatility is a typical ...

Tokyo stocks close 0.95pc higher after upbeat US jobs data TOKYO: Tokyo shares closed 0.95 percent higher Thursday thanks to a weaker yen, a jump on Wall Street driven by upbeat US jobs data and hopes for a resolution to Greece's debt crisis.The Nikkei 225 index at the Tokyo Stock Exchange gained 193.18 points to 20,522.50 by the close, while the Topix index of all first-section shares rose 0.72 percent, or 11.83 points, to 1,648.24Copyright AFP (Agence France-Presse), 2015 ...
Chinese stocks fall 5pc in Shanghai afternoon trading SHANGHAI: China's leading stock index was down more than five percent in Thursday afternoon trade, despite the market regulator's move to relax margin trading rules following heavy losses the previous day.The benchmark Shanghai Composite Index slumped 5.02 percent, or 203.62 points, to 3,850.08. The Shenzhen Composite Index, which tracks stocks on China's second exchange, dived 5.63 percent, or 132.01 points, to 2,214.12.Copyright AFP (Agence France-Presse), 2015 ...
Asia markets climb on Greece hopes, Shanghai sinks again HONG KONG: Asian markets tracked global stocks higher Thursday on hopes for a deal to keep Greece in the eurozone as the country prepares for a crucial weekend referendum, but Shanghai tumbled again despite authorities relaxing trading rules to temper recent volatility.Regional traders were broadly upbeat on the prospects for Greece despite Tuesday's default as the government offered fresh concessions to reach a compromise.Buying was also supported by a healthy pick-up on Wall Street that ...
China relaxes margin rules as share prices fall SHANGHAI: China's securities regulator has relaxed rules on margin trading -- borrowed funds that fuelled a spectacular stock market rally -- after measures including an interest rate cut failed to stop equities falling.The China Securities Regulatory Commission (CSRC) removed some limits on investors' minimum deposit requirements, it said on its website late Wednesday.Margin investors only need to deposit a small proportion of the value of their trade, generating bigger profits for a given amount of ...
Tokyo stocks rise 1.16pc by break TOKYO: Tokyo shares climbed 1.16 percent Thursday morning thanks to a weaker yen, a jump on Wall Street driven by upbeat US jobs data and hopes for a deal to keep Greece in the eurozone.The benchmark Nikkei 225 index at the Tokyo Stock Exchange climbed 235.27 points to 20,564.59 by the break, while the Topix index of all first-section shares was up 0.91 percent, or 14.87 points, to 1,651.28.US shares rallied after a gauge of ...
Hong Kong stocks up 0.56pc by lunch HONG KONG: Hong Kong shares climbed 0.56 percent in Thursday's morning session, in line with regional and global gains, on hopes a solution to the Greek crisis will eventually be found while US data showed the economy strengthening.The Hang Seng Index added 147.06 points to 26,397.09 by the break on turnover of HK$79.37 billion (US$10.24 billion).But in mainland China the benchmark Shanghai Composite Index fell 1.24 percent, or 50.16 points, to 4,003.54.The Shenzhen Composite Index, ...

 



 
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