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Seoul shares fall on China PMI, won retreats as dollar rallies SEOUL: South Korean shares fell on Thursday morning as concerns of a slowdown in China's manufacturing sector and the U.S Federal Reserve's discussion of an accelerated timetable for a future rate hike kept investors cautious.Minutes from the latest Fed meeting released on Wednesday hinted that a better-than-expected recovery in the U.S labor market could prompt policymakers to raise interest rates sooner rather than later.Investor sentiment took a further hit after a preliminary survey on China's manufacturing sector fell short of expectations and indicated sluggish growth in August.The Korea Composite Stock Price Index (KOSPI) was down 1.18 percent at 2,048.41 points as of 0210 GMT."In the absence of any positive fundamental indicators to lend support, the market is going through a correction phase with institutions and foreign investors leading the selloff," said Kim Yoon-seo, an analyst at KTB Investment & Securities.Institutions and foreigners sold a net 122 billion won ($119 million) ...

China shares flat in morning trade SHANGHAI: Chinese stocks were flat in morning trade Thursday as the market awaited HSBC's preliminary manufacturing data for August later in the day, dealers said.The benchmark Shanghai Composite Index slipped 0.09 percent, or 2.08 points, to 2,238.13.The Shenzhen Composite Index, which tracks stocks on China's second exchange, edged up 0.02 percent, or 0.24 points, to 1,222.36.Copyright AFP (Agence France-Presse), 2014 ...
Asia shares mixed as Fed signals early rate hike HONG KONG: Asian markets were mixed Thursday despite positive cues from Wall Street, where stocks rallied as US Federal Reserve minutes suggested interest rates may be hiked sooner than expected.Hong Kong lost 0.75 percent percent and Shanghai was off 0.40 percent as data from British banking giant HSBC showed China's manufacturing growth slowed in August, indicating a recovery in the world's second-largest economy has yet to take holdSeoul dropped 1.20 percent, but Tokyo gained 0.77 ...
Tokyo stocks up 0.79pc by break TOKYO: Tokyo stocks rose 0.79 percent on Thursday morning after the dollar jumped against the yen on speculation that the US central bank may raise interest rates earlier than expected.The Nikkei 225 index was up 121.37 points at 15,575.82 at the break while the Topix index of all first-section issues added 0.74 percent, or 9.46 points, to 1,289.10.Copyright AFP (Agence France-Presse), 2014 ...
Thai SET index hits 1,550; Indonesia over 14-month high BANGKOK: Southeast Asia stock markets rose on Wednesday, in line with other Asian stock markets, with Thai benchmark topping its psychological mark of 1,550, a day before the nomination of a new Prime Minister, and Indonesia hitting an over 14-month high.Gains in Bangkok were led by tourism stocks including airport operator Airports of Thailand Pcl and home builder Land & Houses Pcl, with brokers citing optimism around improved outlook of local economy and political situation."The ...
India's NSE index retreats from record high on profit-taking MUMBAI: India's NSE index edged lower on Wednesday, unable to sustain a rally after hitting a third consecutive record high earlier in session as investors took profits in blue-chips such as Oil and Natural Gas Corp .The falls ended a six-day rally, the longest winning streak since an eight-session run in mid-July.Falls also tracked lower global stocks ahead of minutes from the US Federal Reserve's July policy meeting and the Jackson Hole gathering of central ...
Sri Lanka bourse edges up on banks; low interest rates COLOMBO: Sri Lankan stocks rose on Wednesday, hovering near three-year highs, led by bank and finance companies as low interest rates and earning hopes helped boost appetite for risky assets despite an overbought market.The main stock index ended up 0.27 percent, or 18.51 points, at 6,999.97, its highest close since Sept. 9, 2011.The index has gained 18.4 percent so far this year."Mostly its retail activity today. There was some interest in banking and finance sectors ...


Index Closing Chg%
Arrow DJIA 17,039.49 0.36
Arrow Nasdaq 4,532.11 0.12
Arrow S&P 1,992.37 0.29
Arrow FTSE 6,777.66 0.33
Arrow DAX 9,401.53 0.93
Arrow CAC-40 4,292.93 1.23
Arrow Nikkei 15,586.20 0.85
Arrow H.Seng 24,994.10 0.66
Arrow Sensex 26,360.11 0.17

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 15, 2014
Reserves $14.264 bln