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Asia markets follow US, Europe higher on Greece hopes HONG KONG: Most Asian markets climbed on Tuesday and the euro stood its ground on growing hopes Greece and its creditors will finally hammer out a debt reform deal that will avoid a default and possible eurozone exit.The gains tracked a record close on Wall Street while European markets soared, including a nine percent surge in Athens.Investors were also cheered by preliminary figures suggesting a contraction in Chinese manufacturing activity may be easing.Tokyo jumped 1.43 percent, Sydney rallied 1.13 percent and Seoul was up 1.28 percent while Hong Kong was 0.20 percent higher.Shanghai, which plunged more than six percent Friday before a long weekend, edged up 0.38 percent.Eurozone leaders said they were confident they would bring an end to the five-month crisis over Greece's bailout reform after Athens submitted proposals aimed at freeing up much-needed cash to help it pay its bills.Cash-strapped Greece is at risk of defaulting on a ...

Tokyo stocks up 1.62pc by break TOKYO: Tokyo's benchmark Nikkei index climbed 1.62 percent to a fresh 15-year high Tuesday morning on hopes for a Greek bailout deal.The Nikkei 225 index soared 330.49 points to 20,758.68 by the break, breaching 20,700 for the first time since April 2000. The Topix index of all first-section issues was up 1.53 percent, or 25.23 points, at 1,673.84.The gains followed rallies in European and US markets."Advances in the Greek situation are behind the flow of ...
Hong Kong shares up 0.35pc at break HONG KONG: Hong Kong stocks rose 0.35 percent Tuesday morning on hopes Greece and its creditors will reach a bailout reform deal, but mainland markets plunged again as investors returned from a long weekend.The Hang Seng Index added 93.51 points to 27,174.36 on turnover of HK$72.05 billion (US$9.30 billion).In Shanghai the composite index tumbled 2.44 percent, or 109.20 points, to 4,369.16, extending losses after a major sell-off last week.The Shenzhen Composite Index, which tracks stocks ...
Asia markets mostly up on Greece hopes HONG KONG: Asian markets mostly rose Monday after Greece gave creditors new proposals on reforming its bailout, fuelling hopes of averting a default and possible exit from the eurozone.The euro also advanced after Brussels said it had received the plans a day before a emergency European summit Monday, with the office of Greek Prime Minister Alexis Tsipras calling it a "mutually beneficial deal".Tokyo rallied 1.26 percent, or 253.95 points, to 20,428.19 and Seoul gained 0.40 ...
Hong Kong stocks end up 1.20pc HONG KONG: Hong Kong stocks rose 1.20 percent on Monday as news that Greece had proposed new reforms fanned hopes it can end a five-month standoff with creditors and unlock bailout cash to avert a default.The benchmark Hang Seng Index added 320.32 points to close at 27,080.85 on turnover of HK$90.57 billion (US$11.69 billion).Mainland Chinese markets were closed for a public holiday.Copyright AFP (Agence France-Presse), 2015 ...
Asia markets mostly up on Greece hopes HONG KONG: Asian markets mostly rose Monday after Greece presented to its creditors new proposals on reforming its bailout, fuelling hopes of an end to a five-month deadlock, averting a default and possible exit from the eurozone.The euro also advanced after Brussels said it had received the plans a day before a emergency European summit Monday, with Greek Prime Minister Alexis Tsipras' office calling it a "mutually beneficial deal".Tokyo added 0.83 percent, Hong Kong gained ...
Hong Kong shares up 0.44pc at break HONG KONG: Hong Kong stocks ended the morning session 0.44 percent higher Monday after Greece submitted proposals to reform its bailout, raising hopes it will avoid a default and possible exit from the eurozone.The Hang Seng Index added 117.50 points to 26,878.03 on turnover of HK$45.99 billion (US$5.93 billion).Mainland Chinese markets are closed for a public holiday.Copyright AFP (Agence France-Presse), 2015 ...

 



 
Index Closing Chg%
Arrow DJIA 17,730.11 0.16
Arrow Nasdaq 5,009.22 0.08
Arrow S&P 2,076.78 0.03
Arrow FTSE 6,585.78 0.67
Arrow DAX 11,058.39 0.37
Arrow CAC-40 4,808.22 0.57
Arrow Nikkei 20,539.79 0.08
Arrow H.Seng 26,064.11 0.83
Arrow Sensex 28,092.79 0.53





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMay
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 01, 2015
Reserves $18.5 bln