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Tokyo stocks reverse early losses to rise 0.79pc by break TOKYO: Tokyo stocks ended on Wednesday morning higher as a weaker yen boosted exporters, reversing initial losses fuelled by ongoing worries about China's economic woes that caused volatility in global markets.The benchmark Nikkei 225 index at the Tokyo Stock Exchange, which fell 1.67 percent at the start, rose 0.79 percent, or 143.74 points, to 18,309.43 by the break, while the Topix index of all first section shares was up 0.21 percent, or 3.13 points, at 1,481.24."I can't see the signs of the sell-off being over. But after big drops, some investors are going to be looking to buy, and others will be covering their short positions," Chihiro Ohta, general manager at SMBC Nikko Securities, told Bloomberg News.Traders took heart from a rise in the greenback, which hit 120.01 yen in Tokyo, up from 119.51 yen in New York late Tuesday. A weaker yen is a plus for the profitability of ...

Asia stocks extend losses after weak China data, Tokyo slumps HONG KONG: Asian stocks sank Tuesday after more data showed weakness in China's economy, while gold and the yen advanced amid a search for safer assets, sending Tokyo tumbling almost four percent.Traders are also watching the release Friday of a US jobs report, which could play a key role in the Federal Reserve's decision whether to raise interest rates this month, adding to market uncertainty.There are fears a rate rise would further jolt confidence in ...
Asia stocks extend losses as Shanghai hit by more weak data HONG KONG: Asian stocks sank Tuesday, with Shanghai tumbling more than three percent, following another batch of data showing weakness in China's economy, while gold and the yen advanced as fears over the world economy sent investors into safer assets.Traders are also keeping an eye on the release Friday of a crucial US jobs report, which could play a key role in the Federal Reserve's decision on whether to raise interest rates next month, adding ...
Shanghai, Hong Kong stocks hit by more weak China data HONG KONG: Shares in Shanghai and Hong Kong ended the morning session lower again Tuesday as data indicating Chinese manufacturing activity had contracted in August compounded concerns about the country's slowing economy.The benchmark Shanghai Composite Index dropped 1.06 percent, or 33.96 points, to 3,172.03 by lunch. However, it recovered after plunging as much as 4.75 percent at one point.The Shenzhen Composite Index, which tracks stocks on China's second exchange, slid 2.85 percent, or 50.97 points, ...
Sri Lankan shares slip ahead of central bank policy move COLOMBO: Sri Lankan shares snapped three straight sessions of gains to end lower on Monday as investors booked profits and waited for cues from the central bank's August monetary policy meeting later in the day. The Central Bank of Sri Lanka is expected to keep its policy rates unchanged at record lows at the policy meeting, a Reuters poll showed. The country's main stock index ended 0.59 percent lower, or down 43.58 points, at 7,306.94, ...
Shanghai, Hong Kong stocks lower by break HONG KONG: Chinese stocks turned negative again Monday after a two-day rally while Hong Kong also retreated as fresh volatility gripped markets while the vice chairman of the Federal Reserve hinted a September US rate hike was still on the table.In Shanghai the composite index lost 2.61 percent, or 84.27 points, to 3,148.08. It fell as much as 3.43 percent intraday.The Shenzhen Composite Index, which tracks stocks on China's second exchange, gave up 2.25 percent, ...
Shanghai leads Asia stocks down, further volatility tipped HONG KONG: Chinese stocks tumbled again Monday, leading Asian bourses lower as uncertainty over US interest rates revived fears of a broader global economic slowdown that has rocked financial markets.Analysts warned of further gyrations following a rollercoaster ride last week, with investors shifting into safe-haven assets such as the yen and gold, while oil sagged.Shanghai sank 2.61 percent in the morning. The index plunged more than 16 percent from Monday to Wednesday before bouncing 10 ...


Index Closing Chg%
Arrow DJIA 16,102.38 1.66
Arrow Nasdaq 4,683.92 1.05
Arrow S&P 1,921.22 1.53
Arrow FTSE 6,042.92 2.44
Arrow DAX 10,038.04 2.71
Arrow CAC-40 4,523.08 2.81
Arrow Nikkei 17,792.16 2.15
Arrow H.Seng 20,840.61 0.45
Arrow Sensex 25,201.90 2.18

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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln