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Australia shares slip to near 2-week low, miners falter SYDNEY/WELLINGTON: Australian shares slipped to a near two-week low on Wednesday, with miners and banking stocks losing ground as a deepening crisis in Iraq checked risk appetite. The Mining sector was the biggest drag with BHP Billiton , Arium and Fortescue Metals Group falling more than 1 percent after Australia revised down its 2015 iron ore and metallurgical coal price forecasts.Losses on Wall Street overnight put a dampener on trading, as concerns about the violence in Iraq eclipsed better US economic data. That pushed the S&P/ASX 200 index down 0.55 percent or 29.28 points to 5,403.9 by 0240 GMT, after earlier slipping to 5,378.8 points - its lowest since June 13.The market closed 0.4 percent lower on Tuesday. The benchmark hit a near 6-year high of 5,536.1 on April 29, but has since drifted lower as a rout in iron ore prices, geopolitical tension in Ukraine and unrest in Iraq ...

Australia shares edge lower in Wall Street's wake; David Jones jumps SYDNEY/WELLINGTON: Australian shares slipped 0.4 percent on Tuesday, tracking Wall Street lower as investors sold local equities across the board, outweighing a jump in department store operator David Jones Ltd, a takeover target. The S&P/ASX 200 index slid 22.8 points to 5,430.5 by 0237 GMT, having closed 0.6 percent higher on Monday. The benchmark has drifted 1.1 percent lower so far in June and has fallen for 7 out of the past 10 sessions, as ...
Asian shares creep higher, encouraged by global data SYDNEY: Asian shares clinched slender gains on Tuesday as improved manufacturing data from China, Japan and the United States augured well for global growth, despite a disappointing result from the euro zone. Though moves were modest as markets slipped into something of a summer lull, MSCI's broadest index of Asia-Pacific shares outside Japan managed to gain 0.3 percent. Japan's Nikkei lagged by losing 0.36 percent, but South Korea outperformed with a rise of almost 1 ...
Australia shares shed 0.9pc, gold price supports miners SYDNEY: Australian shares fell 0.9 percent on Friday, with the crisis in Iraq encouraging investors to book profits from the previous session's steep gains while a surge in gold propped up producers such as Newcrest Mining. The S&P/ASX 200 index fell 48 points to 5,419.5 at the close of trade. The benchmark jumped 1.6 percent on Thursday, its biggest one-day percentage gain since December 19. For the week, the market added 0.3 percent to snap ...
Australian and NZ dollars fly after Fed stands pat WELLINGTON: The New Zealand dollar hit a lifetime high against a basket of currencies on Thursday, and along with the neighbouring Australian dollar notched hefty gains against the US dollar after the Federal Reserve hit a dovish tone and cut its growth forecast. The US central bank affirmed its "lower for longer" policy direction, reduced its asset purchases, but confounded expectations it would upgrade its economic view by cutting growth forecasts to between 2.1 percent ...
Australia shares rise 1.6pc, biggest one-day gain since Dec on Fed cheer SYDNEY: Australian shares jumped 1.6 percent on Thursday, its biggest one-day percentage gain since December 19 as investors piled into stocks after the US Federal Reserve said the economic recovery was on track. The S&P/ASX 200 index climbed 85.5 points to 5,468.2 at the close of trade. The benchmark slipped 0.3 percent to hover at 4-week lows on Wednesday. New Zealand's benchmark NZX 50 index added 0.1 percent or 7.7 points to finish the session ...
Australia shares slip to lowest close since March 28 SYDNEY: Australian shares slipped 0.3 percent to hover at 4-week lows on Wednesday as investors remained cautious over turmoil in Iraq and ahead of a statement from the US Federal Reserve at the end of its two-day policy meeting. The S&P/ASX 200 index dropped 18 points to 5,382.7 at the close of trade, its lowest close since March 28. The benchmark fell 0.2 percent on Tuesday. New Zealand's benchmark NZX 50 index slipped 0.2 percent, ...


Index Closing Chg%
Arrow DJIA 17,098.45 0.11
Arrow Nasdaq 4,580.27 0.50
Arrow S&P 2,003.37 0.33
Arrow FTSE 6,825.31 0.08
Arrow DAX 9,479.03 0.09
Arrow CAC-40 4,379.73 0.03
Arrow Nikkei 15,476.60 0.34
Arrow H.Seng 24,752.09 0.04
Arrow Sensex 26,867.55 0.86

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln