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Australia shares rise as US prompts investors to celebrate China stimulus SYDNEY/WELLINGTON: Australian shares rose on Tuesday as investors belatedly cheered China's boost to bank lending, and a rebound iron ore prices, which remained near 10-year lows, spurred resources higher.Newly released notes from an April 7 Reserve Bank of Australia meeting which left open the prospect of further rate cuts also gave investors a reason to buy.On Sunday, China cut the amount of cash banks must hold in reserve, a move expected to pump more money through the economy of Australia's biggest trading partner.Australian investors had initially given a muted response because of concern about the collapsing price of iron ore, needed for steel making.That concern eased on Tuesday after the iron ore price edged back over $50 overnight and as Wall St rallied, said Quay Equities head of trading Tristan K'Nell."Locally we didn't respond as well (to the China stimulus), maybe because the resource sector has seen a lot of ...

Australian shares weighed by miners, banks; NZ stocks steady SYDNEY/WELLINGTON: Australian shares fell 1 percent on Friday as falling iron ore prices encouraged investors to sell mining stocks, putting the index on track for hefty weekly losses.The S&P/ASX 200 index dropped 61.2 points to 5886.2 by 03:54 GMT. The benchmark had risen 0.7 percent on Thursday and was set to end the week 1.4 percent lower. It has been unable to break a key psychological level of 6,000 points.The mining sector led losses, with ...
Australia shares close on positive note as energy stocks rebound SYDNEY: Australian shares ended higher on Friday with utilities and energy sectors making solid contributions as oil prices regained some ground.The S&P/ASX 200 index finished up 0.6 percent at 5,968.4, taking gains this week to 1.2 percent. The benchmark index ended the week not far a seven-year peak of 5,996.9 reached last month.New Zealand's benchmark NZX 50 index closed a touch firmer at 5,847.4. On the week, it was 0.3 percent higher.Copyright Reuters, 2015 ...
Australia shares inch closer to 7-year peak, NZ stocks steady SYDNEY/WELLINGTON: Australian shares rose on Friday, helped by a positive lead from Wall Street, with utilities and energy sectors making solid contributions as oil prices regained some ground. The S&P/ASX 200 index gained 0.4 percent to 5956.5 by 0411 GMT, inching closer to a seven-year peak of just under 6,000.The benchmark dipped 0.3 percent on Thursday, but was on track for a gain of nearly 1 percent for the week.Stan Shamu, a strategist at IG ...
Australia shares end higher as energy and mining stocks advance SYDNEY: Australian shares ended higher on Wednesday thanks to a boost from energy and mining stocks, but a mixed performance by the big banks kept the overall market in check.The S&P/ASX 200 index closed 0.6 percent, or 34.7 points, higher at 5,960.7. The benchmark index is not far from a seven-year peak of 5,996.9 set last month.New Zealand's NZX 50 index finished the session up 0.1 percent, or 4.3 points, at 5,859.7.Copyright Reuters, 2015 ...
Australia shares rise on strong mining, energy sectors; NZ subdued SYDNEY/WELLINGTON: Australian shares rose on Wednesday as higher oil prices helped shore up the energy sector, while steadier iron ore prices prompted some investors to buy recently battered miners.Bank shares, however, were mostly softer with the market still struggling to get over its disappointment that the central bank did not cut interest rates on Tuesday.The S&P/ASX 200 index rose 0.3 percent, or 18.6 points, to 5,944.6 by 0237 GMT. The benchmark index is not far ...
Australian shares rise as investors bet on rate cut SYDNEY: Australian shares rose on Thursday as investors shrugged off a fall on Wall Street and bought bank stocks amid growing expectations of an interest rate cut within days.The Reserve Bank of Australia is expected to announce its second rate cut of 2015 when it meets on Tuesday, the next trading day after markets close for the Easter weekend. A cut would encourage more people to get loans.The S&P/ASX 200 index rose 37.8 points or ...

 



 
Index Closing Chg%
Arrow DJIA 17,730.11 0.16
Arrow Nasdaq 5,009.22 0.08
Arrow S&P 2,076.78 0.03
Arrow FTSE 6,585.78 0.67
Arrow DAX 11,058.39 0.37
Arrow CAC-40 4,808.22 0.57
Arrow Nikkei 20,539.79 0.08
Arrow H.Seng 26,064.11 0.83
Arrow Sensex 28,092.79 0.53





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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
WeeklyJuly 01, 2015
Reserves $18.5 bln