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Asian stocks mostly up after US data HONG KONG: Asian markets were mostly higher Wednesday following better-than-expected US economic growth data and news that Germany had narrowly averted recession.The dollar struggled to resume its uptrend against the yen, with analysts forecasting the pairing were close to finding their plateau.Tokyo fell 0.27 percent owing to the stronger yen, but Hong Kong added 0.13 percent, Sydney rose 0.87 percent and Shanghai gained 0.46 percent. Seoul was flat.The gains came despite a weak lead from Wall Street, where the Dow and S&P 500 retreated slightly from record highs.The US Commerce Department said third-quarter growth came in at to 3.9 percent, up from a previous estimate of 3.5 percent and easily beating expectations for 3.2 percent expansion.The figures are the latest showing the world's number one economy is on a healthy recovery track, while those in the eurozone and Japan struggle.However, there was some negative news, with the Conference Board saying ...

Tokyo stocks flat by break TOKYO: Tokyo stocks were flat Wednesday morning after a lacklustre session on Wall Street, while the yen picked up against the dollar.The Nikkei 225 index at the Tokyo Stock Exchange edged down 0.07 percent, or 12.91 points, to 17,394.71 by the break, while the Topix index of all first-section issues was down 0.01 percent, or 0.11 points, to 1,409.04.The yen's fall against the dollar, a positive for Japanese exporters, has helped boost share prices in ...
Sri Lankan stocks recover after budget vote, but investors cautious COLOMBO: Sri Lankan stocks recovered on Tuesday from the previous session's near-four-week closing low, a day after President Mahinda Rajapaksa won the final 2015 budget vote, contrary to speculation that he might lose it.Analysts expect the market to be volatile due to political uncertainty before a snap presidential poll on Jan. 8. Rajapaksa, who is facing a split in his ruling coalition ahead of the poll, won the final vote on the 2015 budget with ...
Vietnam index rises from 1-month low, caution extends HANOI: Vietnam's benchmark VN Index bounced back 0.58 percent from its lowest close in almost a month to end on Tuesday on bargain hunting, but a low volume showed cautious sentiment dragging following a limit on stock investment loans.Food producer Masan Group Corp led the gainers to climb 3.77 percent, followed by property firm Vingroup with a 2.71-percent advance."It's a technical rebound today from the 580-point support level," said a trader with Ho Chi Minh ...
Sri Lankan stocks recover from near 4-week low; rupee down COLOMBO: Sri Lankan stocks recovered on Tuesday from a near-four-week closing low after falling in the two previous sessions, a day after President Mahinda Rajapaksa won the final 2015 budget vote, contrary to speculation that he might lose it. Rajapaksa, who is facing a split in his ruling coalition ahead of a snap presidential poll on Jan. 8, won the final vote on the 2015 budget with a strong majority. At 0856 GMT, the main ...
India's NSE index retreats from record high; ITC slumps MUMBAI: India's NSE index fell on Tuesday, retreating from a record high hit earlier in the session as financial firms slumped on worries parliament would delay an insurance bill, while new rules for offshore derivatives raised worries over foreign flows. ITC Ltd provisionally slumped 5 percent, contributing the most to the index's fall after India's health ministry accepted the recommendation of an internal panel to ban the sale of single cigarettes. The benchmark BSE index ...
Hong Kong shares end 0.21pc down HONG KONG: Hong Kong stocks slipped 0.21 percent Tuesday as profit-takers moved in after the previous day's rally that came in response to China's shock decision to cut interest rates.The Hang Seng Index lost 49.23 points to 23,843.91 on turnover of HK$89.04 billion ($11.49 billion).But in mainland China the benchmark Shanghai Composite Index rose 1.37 percent, or 34.72 points, to 2,567.60 -- its highest since August 2011 -- on turnover of 282.2 billion yuan ($46.0 ...


Index Closing Chg%
Arrow DJIA 17,814.94 0.02
Arrow Nasdaq 4,758.25 0.07
Arrow S&P 2,067.03 0.12
Arrow FTSE 6,731.14 0.02
Arrow DAX 9,861.21 0.77
Arrow CAC-40 4,382.31 0.32
Arrow Nikkei 17,407.62 0.29
Arrow H.Seng 23,843.91 0.21
Arrow Sensex 28,338.05 0.57

Banking Review 2013

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln