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Shanghai slips after 10-day rally, US data revives rate talk HONG KONG: Shanghai stocks retreated for the first time in 11 sessions on profit-taking Wednesday but other Asian equity markets were mixed after a healthy batch of US data revived the prospect of an early interest rate hike.The euro edged up marginally as investors were cheered by warmer relations between Greece and Germany as eurozone leaders try to hammer out a reformed bailout deal for Athens.Shanghai, which surged to a near seven-year high over the past 10 sessions, fell 0.83 percent, or 30.68 points, to 3,660.73.Hong Kong gained 0.53 percent, or 128.63 points, to 24,528.23. The index was boosted by a rally in Hutchison Whampoa after it said it had agreed to buy British telecom giant O2 for more than US$15 billion.Tokyo reversed morning losses to end up 0.17 percent, or 32.75 points, at 19,746.20 but Sydney was marginally higher, nudging up 4.23 points to 5,973.32 and Seoul was also ...

China tells banks to lend more to farm sector BEIJING: China's central bank said on Wednesday that banks should step up financing support for the farm sector, in the latest bid to support the vulnerable sector and the overall economy.The banking industry should "enhance the availability of financing for the agricultural sector at an affordable cost", the central bank said in a statement.Chinese policymakers face an uphill battle to channel bank loans into the cash-starved farming sector, which employs almost a third of its ...
Indian shares edge down in cautious trade; Sun Pharma rises MUMBAI: Indian shares edged down on Wednesday to their near six-week lows and were heading for a sixth straight session of falls, as caution ahead of the expiry of monthly derivatives and the end of the fiscal year hit blue-chips such as Larsen & Toubro.Shares have retreated since hitting record highs early this month, as analysts warned about waning momentum and low trading volumes ahead of the end of the fiscal year at the end ...
Weak banks break China stocks' 10-day winning streak SHANGHAI: China stocks snapped a 10-day winning streak on Wednesday as banks dragged major indexes lower after Agricultural Bank of China (AgBank) reported a drop in profit and a spike in bad loans as the economy slows.Profit-taking also contributed to the fall, while analysts warned of rising volatility ahead as more people piled into the market betting on a further rally.The banking index declined 2.8 percent after AgBank late on Tuesday kicked off earnings reports ...
Vietnam index hits 7-week low; energy blue chips lead HANOI: Vietnam's benchmark VN Index retreated 1.15 percent to close at its lowest since Feb. 4 on Wednesday, led by a tumble in PetroVietNam Gas, the country's biggest listed firm by market value.GAS shares plummeted 6.67 percent to 70,000 dong ($3.26), its lowest close since Jan. 8, as investors took advantage of a buy-back programme to offload shares amid a gloomy outlook on the global oil market.Petrovietnam Drilling & Well Services Corp, another subsidiary of ...
Nikkei edges up as investors seek dividends TOKYO: Japan's Nikkei share average edged up on Wednesday as investors loaded up on stocks before they go ex-dividend later this week, but gains were limited by concerns that the market was looking technically overbought after a long rally.The Nikkei benchmark rose 0.2 percent to 19,746.20 points after traversing positive and negative territory. It was an inch away from its 15-year high closing level of 19,754.36 hit on Monday.The broader Topix gained 0.3 percent to ...
Vietnam index down 1pc; PetroVietNam Gas leads fall HANOI: Vietnam's benchmark VN Index was down 0.96 percent at the break on Wednesday, on track for a third straight session of losses, led by PetroVietNam Gas , the country's top firm by market value.GAS shares fell 5.33 percent to 71,000 dong ($3.3). Analysts said funds offloaded the blue-chip on the first day of its 10-million share buy-back programme.The company's shares have fallen as much as 40 percent since November 2014 due to the global ...


Index Closing Chg%
Arrow DJIA 17,678.23 0.23
Arrow Nasdaq 4,863.36 0.27
Arrow S&P 2,056.15 0.24
Arrow FTSE 6,895.33 1.37
Arrow DAX 11,843.66 0.18
Arrow CAC-40 5,006.35 0.29
Arrow Nikkei 19,471.12 1.39
Arrow H.Seng 24,497.08 0.13
Arrow Sensex 27,457.58 2.33

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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln