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SE Asia stocks weak amid outflows, Singapore worst drop in almost two weeks BANGKOK: Singapore shares suffered the worst drop in almost two weeks on Friday amid a rise in the Singapore dollar and volatility in the foreign exchange market while late bargain hunting helped other markets in Southeast Asia trim some early losses.The benchmark Straits Times Index fell 1.14 percent to 3,300.68, the lowest close since Jan. 7, ending the week 1.1 percent lower.The Singapore dollar edged higher in a reflection of what analysts said were traders being forced to shift their positions and strategies, after Switzerland's unexpected move to abandon its cap on the franc jolted financial markets.Shares of DBS Group Holdings Ltd, United Overseas Bank Ltd and Noble Group Ltd were among actively traded in terms of turnover.Analysts said the Swiss Bank's move appeared to foretell that next week the European Central Bank's meeting could announce some big quantitative easing measures, broker NRA Capital said in a report.Fund flows were ...

Euro slips against franc, equities fall after shock Swiss move HONG KONG: The euro sank almost two percent against the Swiss franc Friday and Asian markets tumbled as traders were left stunned by Switzerland's shock decision to remove its currency cap against the euro.Oil edged up slightly, meanwhile, after plunging Thursday in reaction to OPEC's announcement that it produced more than its limit of the black gold in December, despite weak demand, low prices and a supply glut.Global markets were stunned Thursday when the Swiss ...
Hong Kong stocks end 1.02pc lower HONG KONG: Hong Kong shares fell 1.02 percent Friday, in line with a regional sell-off that came as investors were spooked by the Swiss central bank's surprise decision to remove its cap against the euro.The benchmark Hang Seng Index shed 247.39 points to end at 24,103.52 on turnover of HK$94.92 billion (US$12.25 billion).Markets were given a jolt by the Swiss National Bank's announcement that it had scrapped its 1.20 franc cap to the single currency, ...
South Korea shares fall as Swiss scraps euro peg; won firmer tracking yen SEOUL: South Korean shares were nursing hefty losses at the end of Friday's session as a whirlwind of volatility swept across the global financial markets after Switzerland unexpectedly dropped its exchange rate ceiling against the euro on Thursday.The Korea Composite Stock Price Index (KOSPI) slumped 1.36 percent to close at 1,888.13.The South Korean won firmed against the dollar, tracking sharp gains in the yen as risk-averse investors took shelter in the safe-haven Japanese currency.The won ...
Tokyo stocks close down 1.43 after Swiss drop franc cap TOKYO: Tokyo stocks fell 1.43 percent on Friday as investors moved into the yen following Switzerland's shock decision to remove its currency peg to the euro.The Nikkei 225 index at the Tokyo Stock Exchange, which was down nearly 3.0 percent at one stage, lost 244.54 points to end at 16,864.16.The Topix index of all first-section shares was down 0.93 percent, or 12.87 points, at 1,363.73.Copyright AFP (Agence France-Presse), 2015 ...
China shares up in morning trade SHANGHAI: Chinese shares were higher in morning trade on Friday, as resources firms led the gains on bargain hunting, dealers said.The benchmark Shanghai Composite Index gained 0.84 percent, or 28.02 points, to 3,364.48.The Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 0.43 percent, or 6.33 points, to 1,466.02.Copyright AFP (Agence France-Presse), 2015 ...
Tokyo stocks drop 2.81pc by break after Swiss drop franc cap TOKYO: Tokyo stocks tumbled 2.81 percent on Friday morning as investors moved into the yen following Switzerland's shock decision to remove its currency peg to the euro.The Nikkei 225 index at the Tokyo Stock Exchange dropped 480.64 points to 16,628.06 by the break, while the Topix index of all first-section shares was down 2.30 percent, or 31.64 points, at 1,344.96.The Japanese market -- which added 1.86 percent Thursday -- plunged at the open as a ...


Index Closing Chg%
Arrow DJIA 17,652.60 0.79
Arrow Nasdaq 4,757.88 0.16
Arrow S&P 2,051.82 0.55
Arrow FTSE 6,832.83 0.53
Arrow DAX 10,649.58 2.05
Arrow CAC-40 4,640.69 1.93
Arrow Nikkei 17,511.75 1.05
Arrow H.Seng 24,850.45 1.34
Arrow Sensex 29,278.84 0.94

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 22, 2015
Reserves $10.331 bln