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Shares in Chinese carmaker BYD fall over 45pc in Hong Kong SHANGHAI: Shares in Warren Buffett-backed Chinese carmaker BYD Co Ltd fell more than 45 percent in afternoon trade in Hong Kong on Thursday. BYD and other Chinese car makers have been losing market share to foreign rivals in an increasingly competitive auto market in China. BYD's shares in Shenzhen fell the maximum 10 percent.Copyright Reuters, 2014 ...

South Korean won falls after Fed comments; Cheil Ind makes strong market debut SEOUL: The South Korean won fell against the dollar on Thursday, after the Federal Reserve expressed confidence in the US economy and said it would take a "patient" approach in deciding when to raise interest rates next year.The won was quoted at 1,101.5 to the dollar at the conclusion of onshore trade, compared to 1,094.9 at Wednesday's close.South Korean shares edged lower in chopping trading. Selling by foreigners pulled down the bourse, which underperformed regional ...
Asian markets up after Fed meeting HONG KONG: Asian markets rallied Thursday with investors rushing back after a recent sell-off, spurred by a Wall Street recovery and an indication from the US Federal Reserve that interest rates will not likely rise until mid-2015.While bank policymakers were reticent to give a firm date, their language indicated a change in tack, which analysts said suggested a rise in the first six months of the year. That lit a fire under the dollar.Easing concerns ...
Tokyo stocks close 2.32pc higher TOKYO: Tokyo stocks jumped 2.32 percent on Thursday, boosted by a rally on Wall Street and a weaker yen after the US Federal Reserve indicated it would hike interest rates by mid-2015.The Nikkei 225 index at the Tokyo Stock Exchange ended up 390.32 points at 17,210.05, while the Topix index of all first-section shares climbed 1.80 percent, or 24.31 points, to 1,376.32.Copyright AFP (Agence France-Presse), 2014 ...
Asia comforted by strong Wall St, confident Fed SYDNEY: Asian shares rallied on Thursday after US stocks enjoyed their strongest session this year when the Federal Reserve sounded upbeat on the economy and promised to be patient in removing policy stimulus. The jitters of recent days also calmed a touch as Russia managed to stabilise its rouble, if only for now, and oil prices eked out a rare bounce. As risk aversion ebbed, US bond yields rose and the dollar regained some lost ...
Hong Kong stocks up 1.34pc by break HONG KONG: Hong Kong stocks climbed 1.34 percent Thursday morning, following a surge on Wall Street after the US Federal Reserve indicated that interest rates would not go up until mid-2015.The benchmark Hang Seng Index added 301.86 points to 22,887.70 by lunch, on turnover of HK$49.89 billion (US$6.44 billion).Copyright AFP (Agence France-Presse), 2014 ...
Taiwan stocks up, following gains in overseas markets TAIPEI: Taiwan stocks rose on Thursday, tracking gains in overseas markets as buying emerged after a three-day losing streak.As of 0150 GMT, the main TAIEX index rose 0.96 percent to 8,913.37, after closing down 1.37 percent on Wednesday, ending in the red for the third straight session.Optimism emerged following an upbeat assessment by the US Federal Reserve about the US economy.Taiwan's central bank is due to meet later Thursday where it is expected to keep ...


Index Closing Chg%
Arrow DJIA 17,804.80 0.15
Arrow Nasdaq 4,765.38 0.36
Arrow S&P 2,070.65 0.46
Arrow FTSE 6,545.27 1.23
Arrow DAX 9,786.96 0.25
Arrow CAC-40 4,241.65 0.18
Arrow Nikkei 17,621.40 2.39
Arrow H.Seng 23,116.63 1.25
Arrow Sensex 27,371.84 0.90

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln