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Asia shares rise on Fed, China policy speculation SYDNEY: Asian shares were tentatively higher on Wednesday after Wall Street rebounded on speculation the Federal Reserve would maintain a pledge on low rates when a two-day policy meeting ends later in the session. The Dow hit a fresh record while the US dollar took a knock after the Wall Street Journal's Fed watcher Jon Hilsenrath said the central bank would keep the words "considerable time" in its policy statement, though it might qualify them. The phrase has become a touchstone in markets for when the Fed might start raising interest rates and dropping it would be taken as a hawkish step. Dealers said commodities were also boosted by reports that China's central bank would provide 500 billion yuan in short-term funding to the country's top five banks.China's money rates opened sharply lower on the reports, which fuelled market hopes Beijing was ready to add more stimulus given recent weakness ...

Australia shares dip on weak Wall Street, resources climb SYDNEY/WELLINGTON: Australian shares slipped 0.1 percent on Tuesday, following a weaker lead from Wall Street that dampened local sentiment, though mining stocks climbed after battered iron ore prices jumped overnight, paring further losses. Spot iron ore posted its biggest one-day rise since March overnight as firmer spot steel prices in China spurred a rebound from recent 5-year lows, although the recovery is seen as fragile amid growing signs of weakness in the economy. The resources ...
Australia shares post biggest loss in 5 weeks on China worries SYDNEY: Sydney shares suffered their biggest loss in five weeks on Monday, as investors were rattled by weak economic data from China - Australia's largest export market. The S&P/ASX 200 index slumped 1.0 percent, or 57.64 points, to 5,473.5 points at the close of trade, its biggest one-day percentage loss since August 8. The benchmark fell 0.3 percent on Friday and lost 1.2 percent for the week, its biggest weekly drop in five weeks. New ...
Australia shares lose ground on China data, miners recover modestly SYDNEY/WELLINGTON: Australian shares dipped 0.7 percent on Monday led by a confluence of negative factors including weak economic data from China and investor concerns that the US Federal Reserve may raise interest rates sooner than expected. China, Australia's largest export market, posted the weakest pace of expansion in factory output in nearly six years over the weekend while growth in other key sectors also cooled, raising fears it may be at risk of a sharp ...
Australia shares dip on miners, Myer, but US exposed stocks buoyant SYDNEY: Australian shares shed 0.51 percent on Thursday with miners slipping after iron ore prices continued to decline, while investors dumped retailer Myer Holdings Ltd after a disappointing earnings report. Elsewhere, startlingly strong Australian jobs data helped the Aussie currency bounce, though it was still hovering near five-month lows, which helped stocks with large revenues in US dollars buoy the market. The S&P/ASX 200 index fell 28.18 points to 5,546.1 at the close of trade, ...
Australia shares dragged lower by iron ore, retailer Myer slumps SYDNEY/WELLINGTON: Australian shares reversed early gains to slip 0.2 percent on Thursday as weakness among miners, while investors dumped retailer Myer Holdings Ltd after a disappointing earnings report. But, with the Aussie dollar weakening, stocks in companies who receive a large portion of their revenues in US dollars helped shore up the market. Myer dropped 8.5 pecent to trade at six-week lows after the department store operator posted a 22.6 percent fall in annual profit. ...
Australia shares post biggest 1-day loss in a month, consumer confidence slumps SYDNEY: Australian shares had their worst day in a month on Wednesday as most sectors fell after Wall Street declined on fears of earlier-than-expected Fed rate hikes, plus a measure of Australian consumer confidence slumped. The S&P/ASX 200 index tumbled 0.6 percent, its biggest loss since Aug. 8. It lost 33.6 points to 5,574.3 at the close of trade. The benchmark rose 0.5 percent on Tuesday. New Zealand's benchmark NZX 50 index slipped 0.1 percent, ...

 



 
Index Closing Chg%
Arrow DJIA 17,195.42 1.30
Arrow Nasdaq 4,566.14 0.37
Arrow S&P 1,994.65 0.62
Arrow FTSE 6,463.55 0.15
Arrow DAX 9,114.84 0.35
Arrow CAC-40 4,141.24 0.74
Arrow Nikkei 15,658.00 1.67
Arrow H.Seng 23,702.04 1.49
Arrow Sensex 27,346.33 0.92





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJuly-June
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln