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Asia shares skid, bonds benefit on global growth worries SYDNEY: Asian stocks fell on Wednesday as worries about waning global growth lifted safe-haven bonds and the yen, while shoving oil prices to their lowest in more than two years. Government bonds were in big demand as investors wagered global inflation would continue to slow and even put off the day when US interest rates might rise.Minutes of the Federal Reserve's last policy meeting are due later in the session and markets will be acutely sensitive to how the debate between hawks and doves on the committee was playing out. In Asia, Japan's Topix shed 1.5 percent while the Nikkei dropped 1.4 percent. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.8 percent, while Australia's main index lost 0.7 percent. China's markets were relatively steady as they returned from a week-long break, with Shanghai flat, but Hong Kong shed 0.7 percent. A private survey of China's services sector showed ...

Australia shares close at February lows after IMF cuts growth forecasts SYDNEY: Australian shares fell 0.8 percent on Wednesday to close at February lows after the International Monetary Fund cut its global economic growth forecasts, prompting investors to seek shelter in safe-haven assets. The S&P/ASX 200 index lost 42.9 points to 5,241.3 at the close of trade. The benchmark finished 0.2 percent lower on Tuesday. New Zealand's benchmark NZX 50 index added 0.2 percent or 10.2 points to 5,245.9. Copyright Reuters, 2014 ...
Asia shares stumble, oil skids to 27 month lows SYDNEY: Asian share markets were mostly in the red on Wednesday as worries about waning global growth lifted safe-haven bonds, while shoving oil prices to their lowest in more than two years. Extending a three-month-long decline, Brent oil sank $1.18 to $90.93 a barrel while US crude tumbled $1.07 to $87.78. The protracted slide should be a windfall for consumer spending power, but is also a powerful force for disinflation in much of the developed ...
Australia shares reverse losses to end higher on week, banks rally SYDNEY: Australian shares reversed early morning losses to finish higher on Friday as a late-session rally among banks and an uptick in high-yielding stocks helped boost investor sentiment ahead of key US jobs data due later in the global day. The S&P/ASX 200 index rose 0.4 percent or 20.5 points to 5,318.20 at close. The benchmark lost 0.7 percent on Thursday, but edged 0.1 percent higher on the week, snapping five consecutive weeks of losses. ...
Australia shares dip on US Ebola scare, Wotif soars SYDNEY: Australian shares lost 0.7 percent on Thursday, tracking Wall Street's drop after the first Ebola diagnosis in the United States rattled investors, although construction stocks capped losses and travel website Wotif soared.US stocks fell more than 1 percent overnight amid national concern over the possible spread of the deadly virus from West Africa, where 3,338 people have died in the worst Ebola outbreak on record.The resource sector slipped with iron ore miners dipping as ...
Australia shares claw higher on 'Big Four' banks, retail sales disappoint WELLINGTON: Australian shares added 0.2 percent on Wednesday as a claw back among banking stocks helped buoy the market, though sentiment was dampened as Wall Street fell overnight and retail sales data came in weaker than expected. The Australian Bureau of Statistics said retail sales in August edged 0.1 percent higher, below a forecasted rise of 0.4 percent. Stocks in the sector were hit on the news, with department store operator Myer Holdings Ltd dropping ...
Asia stocks unsettled by HK, sluggish China factories SYDNEY: Asian markets were in hesitant mood on Tuesday as investors wondered what China's response would be to civil unrest in Hong Kong, while the US dollar was on track to post its biggest monthly gain in well over a year. Tens of thousands of pro-democracy protesters blocked Hong Kong streets on Tuesday, in one of the biggest political challenges to Beijing since the Tiananmen Square crackdown 25 years ago.The unrest was an added complication ...

 



 
Index Closing Chg%
Arrow DJIA 16,399.67 0.12
Arrow Nasdaq 4,316.07 1.35
Arrow S&P 1,904.01 0.91
Arrow FTSE 6,267.07 0.68
Arrow DAX 8,717.76 1.50
Arrow CAC-40 3,991.24 1.04
Arrow Nikkei 15,111.23 3.98
Arrow H.Seng 23,070.26 0.20
Arrow Sensex 26,429.85 1.23





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 20, 2014
Reserves $13.436 bln