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Chinese auto maker BYD's shares rebound sharply in HK after record fall SHANGHAI: Shares in Chinese electric vehicle maker BYD Co Ltd , backed by investor Warren Buffett, rebounded over 15 percent on Friday, reversing some of the previous day's steep losses after the firm said its business fundamentals were sound.BYD's Hong Kong-listed shares fell 29 percent on Thursday in record trading, their biggest one-day drop, in an unexplained slide that wiped out around $1.2 billion of its market capitalisation.On Friday BYD shares in Hong Kong were trading up 15 percent at HK$28.80 as of 0658 GMT. Its Shenzhen-listed shares were up 2.8 percent.The company, which is 9.1 percent owned by Buffett's Berkshire Hathaway Energy Holdings Co, said in a statement late on Thursday that it sees no sign of Buffett reducing his stake in the foreseeable future.It also said its orders and output of electric cars remain good, and its exposure to economic problems unfolding in Russia was insignificant."With the company ...

Tokyo shares end 2.39pc higher TOKYO: Tokyo stocks jumped 2.39 percent Friday following sharp gains on Wall Street while the dollar's strength also provided support.The Nikkei 225 index at the Tokyo Stock Exchange climbed 411.35 points to 17,621.40, while the Topix index of all first-section shares rose 2.42 percent, or 33.29 points, to 1,409.61.Tokyo tracked a positive lead from Wall Street where the Dow soared 2.43 percent and the S&P 500 shot up 2.40 percent."Worries certainly remain -- including those ...
Tokyo shares end 2.39pc higher TOKYO: Tokyo stocks jumped 2.39 percent Friday following sharp gains on Wall Street while the dollar's strength also provided support.The Nikkei 225 index at the Tokyo Stock Exchange climbed 411.35 points to 17,621.40, while the Topix index of all first-section shares rose 2.42 percent, or 33.29 points, to 1,409.61.Copyright AFP (Agence France-Presse), 2014 ...
Hong Kong stocks open 1.43pc higher HONG KONG: Hong Kong shares rose 1.43 percent at the open of trade Friday, adding to the previous day's advance, following another strong lead from Wall Street.The benchmark Hang Seng Index added 326.06 points to 23,158.27 in the first few minutes of trade.Copyright AFP (Agence France-Presse), 2014 ...
China shares lower in morning trade SHANGHAI: Chinese shares were slightly lower on Friday morning due to continued profit-taking after a recent rally, despite strong gains in US stocks overnight, dealers said.The benchmark Shanghai Composite Index edged down 0.15 percent, or 4.44 points, to 3,053.08.The Shenzhen Composite Index, which tracks stocks on China's second exchange, eased 0.22 percent, or 3.29 points, to 1,480.97.Copyright AFP (Agence France-Presse), 2014 ...
Asian markets extend gains after Fed statement HONG KONG: Asian markets rallied for a second straight session Friday, boosted by another strong performance on Wall Street while renewed confidence helped push the dollar back towards the 100 yen markTokyo jumped 1.59 percent thanks to the weaker yen, while Sydney climbed 1.66 percent, Seoul rose 1.29 percent and Hong Kong added 1.43 percent. Shanghai eased 0.20 percent.Global markets tanked at the start of the week on fears about the global economy as oil ...
Tokyo stocks up 1.92pc by break TOKYO: Tokyo stocks jumped 1.92 percent Friday morning following sharp gains on Wall Street, while the dollar rose against the yen ahead of the conclusion of a Bank of Japan (BoJ) policy meeting.The Nikkei 225 index at the Tokyo Stock Exchange climbed 330.07 points to 17,540.12 by the break, while the Topix index of all first-section shares rose 1.85 percent, or 25.41 points, to 1,401.73.Tokyo tracked a positive lead from Wall Street where the Dow ...

 



 
Index Closing Chg%
Arrow DJIA 17,804.80 0.15
Arrow Nasdaq 4,765.38 0.36
Arrow S&P 2,070.65 0.46
Arrow FTSE 6,545.27 1.23
Arrow DAX 9,786.96 0.25
Arrow CAC-40 4,241.65 0.18
Arrow Nikkei 17,621.40 2.39
Arrow H.Seng 23,116.63 1.25
Arrow Sensex 27,371.84 0.90






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyOctober
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln