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China money rates drop sharply on week as central bank lowers guidance SHANGHAI: Chinese money rates fell sharply for the second week in a row as the central lowered its guidance for the seven-day repurchase agreement (repo) and pressure on yuan liquidity from a rising dollar abated.On Tuesday, the Chinese central bank adjusted its guidance for the seven-day repo down 10 basis points to 3.55 percent, following a similar cut on March 17.At midday on Friday, the volume weighted average yield for the benchmark seven-day repo was trading at 3.90 percent. For the week, the seven-day repo was down 31 basis points, following a 50 point drop the week before.The 14-day repo was also down for the week but less sharply, falling 12 basis points to 4.36 percent.Despite a series of easing measures by the Chinese central bank since last November, short-term interbank rates had remained worrying high until the past 10 days.Analysts cited lower central bank foreign exchange purchases due to ...

Vietnam index dips 0.2pc in mixed trade HANOI: Vietnam's benchmark VN Index fell 0.17 percent at the break on Friday in volatile trade, with rebounds in some banking shares cushioning falls in most equities.PetroVietNam Gas, Vietnam's top firm by market value, was on track for its fourth straight loss, declining 0.75 percent, while Hanoi-based Vietcombank, the biggest listed lender by capitalisation, rose 0.57 percent.Volume hit 36 million shares at midday, compared to the five-day average of 88.6 million, Reuters data showed, as ...
Asian markets up in edgy trade, dealers eye Yemen crisis HONG KONG: Asian markets advanced Friday, clawing back some of the previous day's losses but traders remain on edge as they track the crisis in Yemen, with fears that unrest in the country could turn into a wider Middle East conflict.The gains came despite another sell-off on Wall Street, although the euro struggled to regain its recent strength after tumbling in New York from levels above $1.10 earlier in the day.Oil price also dipped a ...
Tokyo stocks up 0.48pc by break TOKYO: Tokyo stocks rebounded Friday morning to sit 0.48 percent higher at the break, shrugging off a fall on Wall Street stoked by fears that unrest in Yemen could explode into a wider Middle East conflict.The Nikkei 225 index at the Tokyo Stock Exchange was up 93.55 points at 19,564.67, while the Topix index of all first-section shares climbed 0.24 percent, or 3.74 points, to 1,572.56.Traders on Wall Street ran for the sidelines after it ...
Hong Kong shares flat by lunch HONG KONG: Hong Kong stocks were flat in the morning session on Friday as a sell-off on Wall Street offset further gains in mainland Chinese markets.The benchmark Hang Seng Index edged up 4.90 points to 24,501.98 by lunch on turnover of HK$39.73 billion ($5.13 billion).In mainland China the benchmark Shanghai Composite Index gained 0.30 percent, or 10.89 points, to 3,692.99.The Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.34 percent, or 6.57 ...
Sri Lankan shares fall for 4th session on margin calls, political woes COLOMBO: Sri Lankan shares fell for a fourth straight session on Thursday and closed at their lowest in more than seven months as investors sold stakes to settle margin trading ahead of quarter-end, while political uncertainty also weighed on sentiment.The main stock index ended 0.72 percent, or 50.20 points, weaker at 6,922.83, its lowest close since Aug. 8 and further moving away from the key psychological support level of 7,000. It has lost 5.39 percent ...
Indian shares dive over 2pc; mark lowest in over 10-weeks MUMBAI: Indian shares fell over 2 percent on Thursday to their lowest in more than 10 weeks as blue chips slumped on worries foreign investors may trim positions on risk aversion after Saudi Arabia launched air strikes in Yemen.Foreign investors have been heavy buyers of Indian shares since early 2014, making any significant exits a particular risk to Indian markets.The benchmark BSE index fell as much as 2.6 percent while the NSE index lost 2.4 ...


Index Closing Chg%
Arrow DJIA 17,976.31 1.49
Arrow Nasdaq 4,947.44 1.15
Arrow S&P 2,081.24 1.22
Arrow FTSE 6,891.43 0.53
Arrow DAX 12,086.01 1.83
Arrow CAC-40 5,083.52 0.98
Arrow Nikkei 19,411.40 0.65
Arrow H.Seng 24,855.12 1.51
Arrow Sensex 27,975.68 1.88

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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