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China stocks hit 7-year high, weak factory activity fans stimulus optimism SHANGHAI: China stocks rose to fresh seven-year highs on Thursday, with weaker-than-expected factory activity data reinforcing expectations of fresh government stimulus.The flash HSBC/Markit Purchasing Managers' Index (PMI) showed that China's factory activity in April contracted at its fastest pace in a year, suggesting that economic conditions are still deteriorating.Barclays said in a research note that it expects "stepped-up policy easing measures to stabilise the property market, boost infrastructure investment, and lower the cost of financing in the economy."The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose slightly and ended at 4,740.89, while the Shanghai Composite Index gained 0.4 percent, to 4,414.51 points.Shenzhen's start-up board ChiNext jumped nearly 2 percent to a fresh record high.Analysts said that with the stock market having gained nearly 80 percent since November, more volatility is expected, but any correction could be shallow, given signs that fresh money keeps flooding into the ...

Hong Kong stocks close 0.38pc lower HONG KONG: Hong Kong shares fell 0.38 percent Thursday following a recent rally and a report indicating Chinese manufacturing activity contracted in April.The benchmark Hang Seng Index slipped 106.15 points to 27,827.70. Turnover was HK$191.77 billion ($24.74 billion).However, in mainland China the benchmark Shanghai Composite Index added 0.36 percent, or 16.02 points, to 4,414.51 on turnover of 963.0 billion yuan ($157.1 billion).The Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 1.01 percent, ...
Asian stocks higher as China PMI lifts Hong Kong, Shanghai HONG KONG: Asian markets mostly rose Thursday, with another weak reading on Chinese manufacturing lifting Hong Kong and Shanghai on hopes for further stimulus while a weaker yen provided a boost to Japanese exporters.Wall Street pushed higher on the back of strong house sales data, which also supported the dollar, while the euro struggled under worries about Greece's future in the eurozone. Tokyo climbed 0.34 percent by lunch, Hong Kong added 0.90 percent, Shanghai rose ...
Tokyo stocks up 0.34pc by break TOKYO: Tokyo stocks rose 0.34 percent Thursday morning following a Wall Street rally, and extending gains a day after closing above 20,000 for the first time in 15 years.The Nikkei 225 rose 68.18 points to 20,202.08 by the break, while the broader Topix index of all first-section shares climbed 0.45 percent, or 7.33 points, to 1,629.12.Tokyo's rise tracked gains in New York where generally upbeat corporate earnings and a big jump in existing-home sales pushed ...
Hong Kong stocks up 0.56pc by break HONG KONG: Hong Kong shares ended the morning session 0.56 percent higher Thursday following a positive lead from Wall Street, while another weak Chinese manufacturing report increased hopes of more stimulus from Beijing.Hong Kong's benchmark Hang Seng Index added 157.78 points to 28,091.63 by lunch on turnover of HK$107.95 billion ($13.93 billion).In mainland China the benchmark Shanghai Composite Index rose 0.21 percent, or 9.23 points, to 4,407.72.The Shenzhen Composite Index, which tracks stocks on China's ...
Euro sinks in Asia as Tokyo ends at 15-year high HONG KONG: Japanese shares ended above 20,000 Wednesday for the first time in 15 years as the country recorded its first trade surplus for almost three years, while the euro weakened on pessimism about a Greek bailout deal.With few catalysts to spur business in Asia, several other markets fell following a broadly negative lead from Wall Street.Tokyo jumped 1.13 percent, or 224.81 points, to finish at 20,133.90 -- ending above 20,000 for the first time ...
Indian shares rebound from four-week low on value-buying MUMBAI: Indian shares bounced back from a four-week low on Wednesday, snapping a five-session losing streak as blue-chips such as Sun Pharmaceutical Industries rose on value buying.The benchmark BSE index closed up 0.77 percent at 27,890.13, while the broader NSE index rose 0.62 percent to 8,429.70.Sun Pharmaceutical Industries closed up 1.64 percent. The stock fell 8.8 percent on Tuesday, its worst daily fall in six years.Copyright Reuters, 2015 ...


Index Closing Chg%
Arrow DJIA 18,080.14 0.12
Arrow Nasdaq 5,092.09 0.71
Arrow S&P 2,117.69 0.23
Arrow FTSE 7,070.70 0.24
Arrow DAX 11,810.85 0.74
Arrow CAC-40 5,201.45 0.44
Arrow Nikkei 20,020.04 0.83
Arrow H.Seng 28,060.98 0.84
Arrow Sensex 27,437.94 1.07

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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