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Asian shares rebound, eyes on US debt showdown HONG KONG: Asian stocks rose on bargain hunting Tuesday after two days of losses, but dealers remain nervous that the US budget stand-off shows no signs of being solved, fuelling fears Washington will suffer a catastrophic default.Despite Republicans and Democrats digging in their heels and raising the stakes in the Capitol Hill deadlock the dollar rebounded against the yen, lifting Japanese exporters.Tokyo added 0.30 percent, or 41.29 points to end at 13,894.61 and Seoul was up 0.42 percent, or 8.34 points, at 2,002.76 but Sydney slipped 0.23 percent, or 11.7 points, to 5,149.4.Hong Kong was 0.90 percent higher in the afternoon and Shanghai climbed 1.08 percent, or 23.53 points, to 2,198.20 in the first session after a week-long Chinese holiday.However, Katsuhiro Kondo, a broker with Tokai Tokyo Securities, said: "Considering the recent decline, I can say it's natural to see buying on dips."But today's rebound does not guarantee a firm ...

Tokyo stocks close up 0.30pc TOKYO: Tokyo stocks ended 0.30 percent higher Tuesday on late bargain-hunting, despite nervousness at a lack of movement in solving a US budget stand-off that could lead to a national default.The Nikkei 225 stock index, which closed at its lowest level in more than a month on Monday, gained 41.29 points to 13,894.61, while the Topix index of all first-section issues increased 0.22 percent, or 2.55 points, to 1,150.13."Considering the recent decline, I can say ...
Taiwan stocks flat; chips up, rubber drags TAIPEI: Taiwan stocks traded flat on Tuesday as gains in technology shares offset the declines in defensive counters.The main TAIEX index edged up 10.71 points to 8,344.37 at 0238 GMT. Rubber was among the biggest losers, down 1.02 percent.The semiconductor sub-index climbed 0.7 percent, with heavyweight TSMC advancing 1 percent, and chip designer Mediatek inching up 1.6 percent.Financial shares were flat. Taiwan's top financial regulator and the chief of China's Insurance Regulatory Commission are to ...
Chinese shares down slightly after holiday SHANGHAI: Chinese shares were slightly lower in early trading on Tuesday, the first day markets were open after a week-long holiday.The benchmark Shanghai Composite Index was down 5.92 points, or 0.27 percent, at 2168.74. Copyright AFP (Agence France-Presse), 2013 ...
Hong Kong stocks begin flat HONG KONG: Hong Kong shares opened flat on Tuesday following losses on Wall Street with the US budget stand-off showing no signs of ending, raising fears of a devastating default.The benchmark Hang Seng Index edged up 14.27 points to 22,988.22. Copyright AFP (Agence France-Presse), 2013 ...
Tokyo stocks open 0.42pc lower TOKYO: Tokyo stocks opened 0.42 percent lower on Tuesday as the US budget fight continues to plague global markets.The Nikkei 225 stock index, which closed at its lowest level in more than a month the previous day, lost another 58.58 points to 13,794.74 at the start.US stocks Monday fell, as did the dollar, boding more ill for Japanese shares, traders said.The Dow Jones Industrial Average closed down 0.90 percent at 14,936.24 as a partial US ...
Hong Kong stocks close down 0.71pc HONG KONG: Hong Kong stocks closed 0.71 percent lower on Monday owing to a budget gridlock in Washington that has shut down the US government and threatens to trigger a devastating debt default.The benchmark Hang Seng Index fell 164.59 points to 22,973.95 on turnover of HK$50.34 billion ($6.49 billion). The Shanghai market was closed for a public holiday.Copyright AFP (Agence France-Presse), 2013 ...


Index Closing Chg%
Arrow DJIA 17,810.06 0.51
Arrow Nasdaq 4,712.97 0.24
Arrow S&P 2,063.50 0.52
Arrow FTSE 6,750.76 1.08
Arrow DAX 9,732.55 2.62
Arrow CAC-40 4,347.23 2.67
Arrow Nikkei 17,357.51 0.33
Arrow H.Seng 23,437.12 0.37
Arrow Sensex 28,334.63 0.95

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