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Australian dollar hits 4-1/2-year low on China growth worries LONDON: The Australian dollar hit a 4-1/2-year trough against its U.S. counterpart on Tuesday as prices of iron for construction fell in China amid weak demand from the property sector and after Australia's premier warned of heightened "terrorist chatter".Following the siege in a Sydney cafe a week ago, Australian Prime Minister Tony Abbott said the public must remain alert as the country headed into Christmas and New Year celebrations, helping to prod lower an Aussie dollar already weakened by the data from China.The Australian dollar fell to as low as $0.8087, its weakest since June 2010, before recovering a little to trade at $0.8118, down 0.2 percent on the day."It's been a weak year for the Australian dollar, reflecting the slowing growth outlook for China, which has resulted in a further deterioration of Australia's terms of trade," said Lee Hardman, an economist at Bank of Tokyo-Mitsubishi UFJ in London."We still ...

Australia shares seen flat after 4-day rally SYDNEY: Australian shares will likely tread water on Tuesday as investors pause after a 4-day rally while falling commodities and oil prices will further weigh on sentiment.Stock index futures fell 0.3 percent overnight to 5,393 points, a 49-points discount to the underlying S&P/ASX 200 index. The benchmark closed up 2 percent on Monday.New Zealand's benchmark NZX 50 index rose 0.3 percent in early trade.Telstra will be in focus after Australia's largest telecom services provider said ...
Asia heartened by Wall St high, dollar in demand SYDNEY: Asian markets should be well underpinned on Tuesday after Wall Street closed at historic highs while oil prices suffered a vicious setback after Saudi Arabia quashed all thought of cutting supply. The revival in risk appetites undermined the safe haven yen and kept the US dollar elevated across the board, while sovereign bonds were content to consolidate recent gains. Equity investors chose to focus on the benefits that falling fuel prices would have for ...
Australia shares snap 4-day gains; energy stocks, gold miners weigh SYDNEY/WELLINGTON: Australian shares fell 0.6 percent on Tuesday as investors booked profits after a 4-day rally, and resources- and energy-related companies were hit by a slide in oil and metals prices.The S&P/ASX 200 index fell 34.06 points to 5,407.90 by 0115 GMT amid low volumes. The benchmark closed up 2 percent on Monday, helping erase this year's losses. "There's been a positive bias in the last four sessions but if energy stocks continue to slide ...
Australia shares jump 2pc in 4th straight session of gains SYDNEY: Australian shares rose for the fourth consecutive session on Monday in a holiday-shortened week, led energy and resources companies in a broad-based rally that reflected a rebound in oil prices and risk appetite. The S&P/ASX 200 index jumped 2 percent, or 103.35 points, to 5,442 at the close of trade. The benchmark advanced 2.5 percent on Friday, the biggest one-day gain since July 2013. New Zealand's benchmark NZX 50 index rose 0.25 percent or ...
Australia shares set for breather after last week's rally SYDNEY: Australian stocks could take a bit of a breather on Monday following a strong rebound late last week, with trading likely to be thin in a holiday-shortened week.Stock index futures edged up 0.3 percent to 5,329, a small discount to the underlying S&P/ASX 200 index The benchmark surged 2.5 percent on Friday, the biggest one-day gain since July 2013.Transfield shares will be in focus after Spanish infrastructure group Ferrovial raised its full takeover offer ...
Australia shares gain 1pc as positive Fed talk sparks relief SYDNEY: Australian shares rose 1 percent on Thursday as an upbeat economic assessment from the Federal Reserve triggered a relief-rally in global markets that had been unnerved by Russian financial turmoil and tumbling oil prices. The S&P/ASX 200 index added 0.95 percent or 48.94 points to 5210.80, its biggest one-day rally since Dec. 19, 2013, their biggest one-day gain since Dec. 2. New Zealand's benchmark NZX 50 index rose 0.4 percent or 21.89 points to ...

 



 
Index Closing Chg%
Arrow DJIA 17,619.51 0.13
Arrow Nasdaq 4,986.87 0.57
Arrow S&P 2,063.11 0.27
Arrow FTSE 6,520.98 1.50
Arrow DAX 10,944.97 1.25
Arrow CAC-40 4,790.20 1.63
Arrow Nikkei 20,235.73 0.63
Arrow H.Seng 26,250.03 1.09
Arrow Sensex 27,780.83 0.49





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMay
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJune 25, 2015
Reserves $17.457 bln