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Australia shares fall after disappointing China import data  SYDNEY: Australian shares fell marginally on Tuesday after fresh data showed China's import growth slumped in June, raising concerns about the slowdown in the world's second largest economy. The benchmark S&P/ASX 200 index was 0.37 percent lower at 4,102.9 by 0306 GMT, reversing gains earlier in the session. New Zealand's benchmark NZX 50 index fell 0.34 percent to 3,468.2 in early trade. China's imports in June grew at half the expected pace, entrenching concerns that its economy and domestic demand are cooling quickly even though export growth was slightly better than expected. Imports grew at 6.3 percent year on year, versus a forecast 12.7 percent and the 12.7 percent recorded in May. The trade surplus was $31.7 billion, compared with a forecast $21.0 billion and $18.7 billion in May. Andrew Taylor, market strategist at GFT Markets, said the data reinforced a theme of slowing global growth. "It isn't changing the overall picture of global growth, which ...

Australia shares lose 0.8pc; Iluka plummets  MELBOURNE: Australian shares eased 0.8 percent on Monday, dragged down by heavyweight miners after a sluggish US employment report fanned fears about slowing global growth and knocked commodity prices lower. Among the big miners, BHP Billiton fell 1.5 percent and Rio Tinto declined 1.8 percent. Shares edged up from lows after some benign inflation data from China, which cooled to an annual rate of 2.2 percent in June, giving Beijing more scope to ease monetary policy to ...
Australia shares drop, await ECB meeting  SYDNEY: Australian shares edged lower in morning trade on Thursday, with activity subdued ahead of key monetary policy announcements from the European Central Bank and the Bank of England. The benchmark S&P/ASX 200 index dipped 9.5 points, or 0.23 percent, to 4,162 points at 0209 GMT, lacking early direction from the United States where markets were closed Wednesday for Independence Day. "The market's really just treading water today and seeing what comes from the European Central Bank ...
Australia shares flat on growth fears, Flinders drops  MELBOURNE: Australian shares were steady on Tuesday morning, after four days of gains, as weak US manufacturing data, coming on top of a manufacturing slump in China and Japan, stoked worries about global growth. "Maybe those manufacturing data dented confidence a little as far as global growth goes. It sort of demonstrates the US economy might be weakening a bit more quickly than some had anticipated," said David Spry, research manager at broker FW Holst. The benchmark ...
Australia shares up 1 percent; David Jones slumps  SYDNEY: Australian shares rose 1.3 percent in late morning trade on Monday, extending a rally sparked by an agreement by European leaders to allow their rescue fund to help ailing banks and to intervene in bond markets. Shares in No.2 department store David Jones slumped as much as 8.5 percent on doubts that a $1.7 billion takeover approach from an unknown British private equity firm will amount to a bid..  The S&P/ASX 200 index was up 51.5 ...
Australia shares snap 4-day losing streak, banks lead  SYDNEY: Australian shares rose 0.7 percent on Wednesday to claw back all of the previous day's losses, underpinned by banks, although investors remained nervous ahead of a summit of European Union leaders later this week. The benchmark S&P/ASX 200 index gained 29.9 points to finish at 4,043.2, according to the latest data, following four straight days of losses. Shares of the big four banks all rose between 0.9 percent and 1.2 percent, outpacing the broader market. New Zealand's ...
Australia shares eases 0.3pc as Europe weighs; Fairfax falls  SYDNEY: Australian shares slipped 0.3 percent on Tuesday as doubts persisted that a European summit this week would move any closer to solving the region's festering debt crisis. Fairfax Media fell 6.1 percent to A$0.535 after Australia's richest woman, mining magnate Gina Rinehart, threatened to dump her shareholding in the newspaper publisher, if she was unable to win the editorial influence she is seeking on the board. The benchmark S&P/ASX 200 index dropped 11.4 points to 4,016.4, ...


Index Closing Chg%
Arrow DJIA 16,982.59 0.13
Arrow Nasdaq 4,444.91 0.10
Arrow S&P 1,978.91 0.03
Arrow FTSE 6,788.07 0.05
Arrow DAX 9,598.17 0.48
Arrow CAC-40 4,344.77 0.33
Arrow Nikkei 15,529.40 0.46
Arrow H.Seng 24,428.63 0.88
Arrow Sensex 25,991.23 0.52

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln