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Australia shares rise to 5 year closing high after weak job data SYDNEY: Australian shares rose 0.2 percent on Thursday, extending their rally to a fifth straight session on post-election optimism and growing signs of China's economic strength, with some investors pricing in another rate cut after worse-than-expected job data.Australia's statistics office reported employment fell by a surprising 10,800 jobs in August, pushing the jobless rate to a four-year high of 5.8 percent -- which could add weight to the case for a cut in interest rates by the central bank.The S&P/ASX 200 index added 8.1 points to 5,242.5, its highest close since June 26, 2008. The benchmark advanced 0.6 percent on Wednesday.New Zealand's benchmark NZX 50 index inched up 0.1 percent to 4,641.5.New Zealand's central bank held its benchmark cash rate steady at 2.5 percent on Thursday, as markets had expected. It said it expected to hold rates steady for the rest of the year although it warned higher rates will ...

Australia shares hover at 4 month high SYDNEY: Australian shares edged up 0.1 percent in choppy trade on Thursday morning, slightly extending their gains after the recent rally on post-election optimism and growing signs of China's economic strength, with some cautious investors preparing for a correction ahead.Australia's statistics office reported employment falling by a surprising 10,800 jobs in August, pushing the jobless rate to a four-year high of 5.8 percent -- which could add weight to the case for a cut in ...
Australia shares close at highest level in more than 5 years SYDNEY: Australian shares rose 0.6 percent to their highest close in more than five years after Wall Street rose overnight on hopes that US military action against Syria can be avoided, but a modest fall in gold capped gains.The S&P/ASX 200 index added 33.2 points to finish at 5,234.4, its highest since late June 2008. The benchmark rose 0.4 percent on Tuesday.New Zealand's benchmark NZX 50 index rose 0.2 percent to 4,634.9. Copyright Reuters, 2013 ...
Australia shares rise on Coalition election victory, solid Chinese data SYDNEY: Australian shares rose 0.4 percent on Monday after a conservative coalition won a landslide victory in the federal election, while strong data released from Australia's top export market China also boosted investor sentiment.The local bourse posted a modest gain as the incoming government led by Prime Minister-elect Tony Abbott promised to reboot a stalled mining boom and revive an appetite for investment.Miners rose, underpinned by a lift in copper prices as investors bet a ...
Australia shares reverse early gains, caution ahead of election SYDNEY: Australian shares reversed early gains to fall 0.4 percent on Friday with investors cautious ahead of national elections on Saturday, but a rise on Wall Street helped curb losses.Miners lost ground after copper prices slipped and gold sank to almost 2 percent to two-week lows. BHP Billiton Ltd fell 0.7 percent while Rio Tinto Ltd lost 0.6 percent. Gold miner Newcrest Mining Ltd dropped 3 percent.The S&P/ASX 200 index fell 19 points to 5,123.5 ...
Australia shares slip on looming election, trade deficit SYDNEY: Australian shares fell 0.4 percent on Thursday, as investors locked-in profits in banks and miners ahead of Saturday's national elections, while surprisingly large trade deficit further dampened sentiment.Australia posted a trade deficit of A$765 million in July, compared with an expected balanced position. Investors were cautious ahead of the US nonfarm payrolls on Friday, which could provide an important clue on whether the Federal Reserve will start to reduce its stimulus this month.The S&P/ASX ...
Australia shares close lower on Syria, gold sector pares losses SYDNEY: Australian shares fell 0.7 percent on Wednesday, retreating from 3-1/2 month highs, as the United States edged closer to military action against Syria, but a rally in gold prices helped temper losses.The S&P/ASX 200 index lost 35 points to finish at 5,161.6.The benchmark rose 0.2 percent on Tuesday to its highest close since May 20.New Zealand's benchmark NZX 50 index rose 0.1 percent or 3.6 points to finish the session at 4,610.3. Copyright Reuters, ...


Index Closing Chg%
Arrow DJIA 16,102.38 1.66
Arrow Nasdaq 4,683.92 1.05
Arrow S&P 1,921.22 1.53
Arrow FTSE 6,042.92 2.44
Arrow DAX 10,038.04 2.71
Arrow CAC-40 4,523.08 2.81
Arrow Nikkei 17,792.16 2.15
Arrow H.Seng 20,840.61 0.45
Arrow Sensex 25,201.90 2.18

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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln