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Australia shares set to fall as mixed earnings eclipse Greek bailout relief SYDNEY: Australian shares are expected to fall for a third straight session on Monday as the impact of a commodity price collapse on company profits outweighs any relief that Greece stuck a bailout deal with the eurozone.Greek and euro zone finance ministers agreed last week to extend the heavily indebted country's financial rescue by four months, cutting the risk it will run out of money next month and possibly be forced from the single currency area.But the relief comes during a mixed-bag Australian company reporting season, with several mining and energy companies announcing declining earnings as a result of dramatic falls in iron ore and oil prices in the past year.On Monday, miners Bluescope Steel and Atlas Iron , mining contractor Boart Longyear and energy firm Caltex Australia all announce results.Before the market opened, the local share price index futures was up 14 points at 5859, a 22.5-point discount to ...

MELBOURNE: Oil and gas producer Santos Ltd reported a 6 percent rise in underlying profit for 2014, boosted by liquefied natural gas (LNG) sales from Papua New Guinea, but disappointed with its dividend as it looks to save cash amid an oil price slump.Santos, which has a share in Exxon Mobil's PNG LNG project launched last May and said it was on track to start exports from its flagship $18.5 billion project, Gladstone LNG (GLNG), ...
Australia shares seen opening steady, taking cues from earnings  SYDNEY: Australian shares are set to open cautiously on Friday with weaker oil and nickel prices weighing on resources stocks, while more earnings, including from gas producer Santos and health insurer Medibank, will help set the tone. The local share price index futures rose 0.1 percent to 5,873.0 to sit at a 31.2-point discount to the underlying S&P/ASX 200 index close. The benchmark fell 0.2 percent on Thursday. New Zealand's benchmark NZX 50 index inched ...
Australia's Crown shares up as local recovery eclipses profit fall SYDNEY: Australian casino operator Crown Resorts Ltd's shares jumped to a five-month high on Thursday as its Melbourne casino ended years of stagnant growth, offsetting a slump in its Macau operations as China's anti-graft drive cut into profits.Crown shares were up 8 percent at A$15.58 by 0243 GMT, after reaching as high as A$15.77, their highest intraday level since September. The broader market fell.Net profit for Australia's biggest casino firm came in at A$201.8 million ...
Australia shares slip as ANZ results disappoint, Greece worries persist SYDNEY: Australian shares declined on Tuesday after one of the country's big banks disappointed investors with its earnings result, cooling a red-hot sector that helped drive the market to multi-year highs recently.Worries that Greece has yet to secure a new debt agreement with its European lenders also hurt sentiment. The S&P/ASX 200 index closed 0.5 percent lower at 5,858.2, turning around from a seven-year closing high of 5,888.7.Shares in Australia and New Zealand Banking Group ...
Euro down on Greece fears, equities mixed ahead of break HONG KONG: The euro weakened Tuesday after the showdown debt talks between Greece and its creditors collapsed, raising the prospect the country will be dumped out of the eurozone.However, many equity markets were unfazed by the trouble in Europe as trade begins to wind down in several Asian bourses ahead of the Lunar New Year holiday at the end of the week.Tokyo fell 0.24 percent by lunch and Sydney shed 0.40 percent but Hong Kong ...
Australia shares close near 7-yr peak, NZ stocks dip SYDNEY: Australian shares edged up near seven-year highs on Monday, buoyed by gains in energy and mining sectors, though New Zealand shares went down on weakness in financials and utilities.The S&P/ASX 200 index rose 11.2 points, or 0.2 percent, at 5,888.7, a whisker away from Friday's 7-year peak of 5,893.5.New Zealand's benchmark NZX 50 index eased 0.5 percent or 28.2 points to finish the session at 5,758.24.Copyright Reuters, 2015 ...


Index Closing Chg%
Arrow DJIA 16,285.51 3.995
Arrow Nasdaq 4,697.54 4.24
Arrow S&P 1,940.51 3.90
Arrow FTSE 5,979.20 1.68
Arrow DAX 9,997.43 1.29
Arrow CAC-40 4,501.05 1.40
Arrow Nikkei 18,376.83 3.20
Arrow H.Seng 21,080.39 1.52
Arrow Sensex 25,714.66 1.22

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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 24, 2015
Reserves $18.678 bln