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Acer shares tumble by daily limit after CEO resigns, job cuts TAIPEI: Shares of Acer Inc fell by their daily limit on Wednesday after the company announced a restructuring plan with a new chief executive and a 7 percent reduction of its workforce after a worse-than-expected quarterly loss. Acer shares opened down 6.9 percent, the maximum allowed in a session, at T$16.9, in a broader market that was up 0.2 percent. Citi cut Acer's target price to T$13 after the announcement, saying the restructuring efforts could not change the PC company's outlook structurally, but reducing operating expenses through headcount reduction could buy time for management to reposition its business model. Copyright Reuters, 2013 ...

Seoul shares flat on Fed uncertainty; autos, shipbuilders rise SEOUL: Seoul shares relinquished early gains on Wednesday, as continuing concern about the future of US Federal Reserve stimulus offset rallies for automakers and shipbuilders. The Korea Composite Stock Price Index (KOSPI) was flat at 2,013.87 points by 0205 GMT after hitting an intraday high of 2,023.52. "The clouded global liquidity outlook has stirred fluctuation in the market, and that's expected to continue until US data is released," said Lim Dong-rak, an analyst at Hanyang ...
Toyota shares turn higher after NHK says to lift earnings guidance TOKYO: Shares of Toyota Motor Corp turned higher, up 0.8 percent at 6,370 yen on Wednesday afternoon after public broadcast NHK said the carmaker would raise its annual operating profit forecast by 13 percent. NHK said Toyota would lift its operating profit forecast for the year ending March 2014 to 2.2 trillion yen ($22.3 billion) from its previous estimate of 1.94 trillion yen. The stock ended the morning session down 0.3 percent at 6,300 yen. ...
China shares down 0.43pc in morning trade SHANGHAI: Chinese shares were down 0.43 percent in morning trading Wednesday, tracking losses in US and European stocks, dealers said.The benchmark Shanghai Composite Index slid 9.34 points to 2,147.90.Copyright AFP (Agence France-Presse), 2013 ...
Tokyo stocks slip in early trade TOKYO: Tokyo shares slipped in opening trade Wednesday, tracking a fall on Wall Street as fresh US data added to speculation the Federal Reserve will soon cut back on its stimulus.The benchmark Nikkei 225 index was down 0.37 percent, or 52.26 points, to 14,173.11 in the first few minutes of trading. By 0115 GMT, the headline index was 0.08 percent lower.The dip came as US stocks edged lower after hitting record levels in recent weeks.Dealers ...
Hong Kong stocks end 0.65pc lower, Hang Seng Index gave up 150.67 points HONG KONG: Hong Kong stocks closed 0.65 percent lower on Tuesday as traders await the release of US jobs and growth data later in the week.The benchmark Hang Seng Index gave up 150.67 points to end at 23,038.95 on turnover of HK$50.16 billion ($6.47 billion).Declines were broad-based, with just four of the HSI's 50 constituents closing higher.Edward Fung, investment head at brokerage Kim Eng Securities, told Dow Jones Newswires he suspected some investors shifted out ...
Hong Kong stocks end 0.65pc lower HONG KONG: Hong Kong stocks fell 0.65 percent on Tuesday as traders await the release of US jobs and growth data later in the week.The benchmark Hang Seng Index gave up 150.67 points to 23,038.95 on turnover of HK$50.16 billion ($6.47 billion).Chinese shares ended up 0.35 percent. The benchmark Shanghai Composite Index rose 7.61 points to 2,157.24 on turnover of 78.0 billion yuan ($12.8 billion).Copyright AFP (Agence France-Presse), 2013 ...


Index Closing Chg%
Arrow DJIA 17,390.52 1.13
Arrow Nasdaq 4,630.74 1.41
Arrow S&P 2,018.05 1.17
Arrow FTSE 6,546.47 1.28
Arrow DAX 9,326.87 2.33
Arrow CAC-40 4,233.09 2.22
Arrow Nikkei 16,413.76 4.83
Arrow H.Seng 23,998.06 1.25
Arrow Sensex 27,865.83 1.90

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln