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Singapore shares inch down; ComfortDelGro leads losses SINGAPORE: Singapore stocks fell on Wednesday, with the index weighed down by heavy losses in shares of transport company ComfortDelgro Ltd, as the broader Asian market stalled on Wall Street gloom. The benchmark Straits Times Index was down 0.3 percent at 3,256.64 by 0446 GMT, while MSCI's broadest index of Asia-Pacific shares outside Japan shed 0.2 percent. Shares of ComfortDelGro retreated from 7-year highs reached on Tuesday, dropping 3.9 percent to S$2.29 and pulling down an already subdued market. The stock surged 3.9 percent on Tuesday on talk of a rail financing review to be discussed in the Singapore parliament. Rival transport operator SMRT Ltd dropped 3.7 percent to an intra-day low of S$1.42, after soaring as much as 12.4 percent on Tuesday. Among other stocks, Sembcorp Marine Ltd rose 1 percent to S$3.99, after the offshore drilling rig builder secured a $236 million contract to build a jack-up rig ...

Nikkei falls as BoJ awaited; construction equipment makers hit TOKYO: Japan's Nikkei share average edged down on Wednesday morning as a stronger yen soured sentiment, and construction equipment makers underperformed after Caterpillar reported lower demand in heavy machines.Investors are watching out for comments by the Bank of Japan after it ends its two-day policy setting meeting on Wednesday.The BOJ is set to keep monetary policy steady, and Governor Haruhiko Kuroda is also expected to reiterate his optimism that Japan is on course to meet ...
Taiwan stocks little changed, financials down TAIPEI: Taiwan stocks were little changed on Wednesday as slides on Wall Street dented investor confidence in the island's tech export-driven economy.The main TAIEX index has traded in a narrow range since the opening bell, down 0.01 percent at 8,887.11 about an hour and a half into trade.That was roughly in line with most regional bourses and extended a 0.14 percent dip in the previous session.Financials fell 0.35 percent, while techs rose 0.1 percent.The Taiwan ...
Asia spooked by Wall Street loss, dollar dips TOKYO: Asian shares caught Wall Street's gloom on Wednesday, while the dollar was on track for a sixth losing session against the yen after the Bank of Japan upgraded its view on capital expenditures. The BoJ held policy steady as expected at the conclusion of a two-day meeting and maintained its overall upbeat economic assessment. MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.1 percent, after US stocks fell in a broad selloff. Asian ...
Palm oil to fall more to 2,472 ringgit SINGAPORE: Palm oil is expected to fall more to 2,472 ringgit per tonne, as a support at 2,513 ringgit may not hold. The support is provided by the 50 percent Fibonacci projection level of a downward wave C, which started at the April 28 high of 2,685 ringgit. This wave has been disrupted by a support at 2,554 ringgit, the 38.2 percent level, and will unlikely be stopped by the current support. A trendline descending ...
Thai stocks steadier after drop on martial law BANGKOK: Thai stocks edged slightly higher in early trade on Wednesday after weakness at the opening bell that followed falls the previous day following the imposition of martial law.The SET index opened down 0.1 percent after a 1.1 percent drop on Tuesday, when foreign investors offloaded a net 8.3 billion baht ($255 million) of stock, their biggest sales in almost six months. At 0318 GMT it was up 0.14 percent. Domestic institutions and retail investors ...
AirAsia shares rise over 5pc after earnings announcement KUALA LUMPUR: Shares of AirAsia Bhd rose as much as 5.2 percent on Wednesday on anticipation of improving yields as well as better prospects for a potential share buyback programme by Asia's biggest budget airline by passenger numbers. The group on Tuesday reported first-quarter profit rose 33 percent due to improved passenger numbers, foreign exchange gains and deferred taxes. Group Chief Operating Officer Tony Fernandes said that AirAsia will defer deliveries of a number of ...


Index Closing Chg%
Arrow DJIA 18,034.93 1.17
Arrow Nasdaq 4,994.60 1.27
Arrow S&P 2,100.40 0.92
Arrow FTSE 7,052.13 0.82
Arrow DAX 11,891.59 1.74
Arrow CAC-40 5,187.59 0.86
Arrow Nikkei 19,634.49 0.09
Arrow H.Seng 27,094.93 2.02
Arrow Sensex 27,886.21 1.95

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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyApril 16, 2015
Reserves $16.818 bln