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Asian markets rise on US fiscal deal hopes HONG KONG: Asian markets mostly tracked Wall Street higher on Thursday as investors following US talks aimed at avoiding a fiscal cliff welcomed positive comments from both sides of the political divide.   Higher-yielding "riskier" currencies also rose on hopes of progress on a resolution over the package of tax hikes and spending cuts due on January 1 that will likely tip the US economy back into recession.   Tokyo added 0.99 percent, or 92.53 points, to 9,400.88, Sydney was 0.68 percent, or 30.4 points, higher at 4,477.7 and Seoul climbed 1.15 percent, or 22.07 points, to 1,934.85.   Hong Kong also rose 0.99 percent, picking up 213.91 points to 21,922.89 but Shanghai fell 0.51 percent, or 10.04 points, to 1,963.49, a near four-year low.   With the focus now almost entirely on Washington, House of Representatives speaker John Boehner said Wednesday he was optimistic of a deal between his Republicans and their bitter Democratic rivals.   Later in the ...

China shares post 4th daily loss, brokerages lead intra-day reversal  HONG KONG: Mainland Chinese shares posted their fourth-straight daily loss on Thursday with brokerages leading a reversal of midday gains after local media reported that the sector could be hit by cuts in fees.   The CSI300 Index of the top Shanghai and Shenzhen listings closed down 0.6 percent at 2,115.7 points, while the Shanghai Composite Index fell 0.5 percent to 1,963.5, lingering at its lowest closing levels since January 2009.   The 21st Century Business Herald newspaper reported ...
South Korea won ends up on US fiscal hopes; bonds flat  SEOUL: The South Korean won ended up in domestic trade Thursday, moving in line with local stock market gains on renewed optimism that the US will be able to reach a compromise to avert the so-called fiscal cliff.   The local currency was quoted at 1,084.1 against the dollar at the end of onshore trade, compared with 1,086.5 at the end of the Seoul session on Wednesday.   US House of Representatives Speaker John Boehner voiced optimism that the ...
Tokyo shares finish 0.99pc higher TOKYO: Tokyo stocks added 0.99 percent Thursday as investors eye signs of progress in the United States on avoiding the fiscal cliff, while a weaker yen also provided support.   The benchmark Nikkei 225 index at the Tokyo Stock Exchange rose 92.53 points to 9,400.88, while the broader Topix index of all first-section shares added 1.04 percent, or 8.05 points, to 779.44.   Investors kept a close eye on progress in a Washington budgetary impasse which has seen a ...
Seoul shares close at 3-week high on US fiscal hopes  SEOUL: South Korean shares climbed on Thursday, hitting a three-week high as hints of a possible compromise in US fiscal talks spurred investor appetite.   Auto shares and shipbuilders rose, with Kia Motors Corp up 4.7 while STX Offshore & Shipbuilding Co Ltd rallied 10.5 percent.   The Korea Composite Stock Price Index (KOSPI) rose 1.15 percent to close at 1,934.85 points, its highest closing since November 7. Copyright Reuters, 2012 ...
Asian shares up on hopes of US budget deal  TOKYO: Asian shares touched their highest levels in more than three weeks and commodities rose on Thursday as sentiment improved after a senior US lawmaker said he was "optimistic" on reaching a budget deal before the end of the year to avoid a fiscal crisis.   European shares will likely extend gains seen in the previous session, with financial spreadbetters predicting London's FTSE 100, Paris's CAC-40 and Frankfurt's DAX will open up as much as 0.4 percent.   A ...
Japanese shares finish 0.99pc higher TOKYO: Tokyo stocks added 0.99 percent Thursday as investors eye signs of progress in the United States on avoiding the fiscal cliff, while a weaker yen also provided support.   The benchmark Nikkei 225 index at the Tokyo Stock Exchange rose 92.53 points to 9,400.88, while the broader Topix index of all first-section shares added 1.04 percent, or 8.05 points, to 779.44.   Copyright AFP (Agence France-Presse), 2012 ...

 



 
Index Closing Chg%
Arrow DJIA 16,408.54 0.10
Arrow Nasdaq 4,095.52 0.23
Arrow S&P 1,864.85 0.14
Arrow FTSE 6,625.25 0.62
Arrow DAX 9,409.71 0.99
Arrow CAC-40 4,431.81 0.59
Arrow Nikkei 14,516.27 0.68
Arrow H.Seng 22,760.24 0.28
Arrow Sensex 22,628.84 1.58





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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln