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Asia stocks highest since 2008, ECB talk pressures euro SYDNEY: The euro came close to cracking on Wednesday as feverish speculation of further policy stimulus in the euro zone drove bond yields to all-time lows and lifted Asian stocks to peaks not seen in almost seven years. The groundbreaking call by European Central Bank President Mario Draghi for more action on both the monetary and fiscal fronts has markets wagering that fresh steps could come as soon as next week when the central bank's governing council meets. "The comments have raised expectations that the ECB could announce even more monetary policy stimulus over coming months," said Peter Dragicevich, a senior currency and rates strategist at Commonwealth Bank of Australia. "The next programme could include broad-based asset purchases." He added that euro zone inflation data due on Friday was likely to show a new low for this cycle of just 0.3 percent and add to the sense of urgency on ...

Australia shares dip on miners, snap seven sessions of gains SYDNEY: Australian shares dipped 0.2 percent on Monday, slipping from six-year highs after miners dragged the index lower as iron ore prices dropped, but an uptick in earnings of oil company Caltex helped temper losses among energy stocks. Caltex soared 7.4 percent to A$27.45, its highest since June 2007. The S&P/ASX 200 index lost 10.7 points to 5,634.9 at the close of trade, snapping seven consecutive sessions of gains, its longest streak since mid-July. The ...
Australia shares dip on miners, Caltex helps pare losses SYDNEY/WELLINGTON: Australian shares lost 0.3 percent on Monday, slipping from six-year highs as Wall Street lost ground and iron ore hit a two-month low dragging miners lower. An uptick in the earnings of oil company Caltex Ltd , however, helped temper losses among energy stocks. The S&P/ASX 200 index lost 15.1 points to 5,630.5 by 0223 GMT. The benchmark edged 0.1 percent higher on Friday, its seventh consecutive session of gains and its longest streak ...
Australia shares close higher for a 7th day, up 1.4pc for week SYDNEY: Australian shares edged 0.1 percent higher on Friday, boosted by solid earnings from Santos Ltd which supported the energy sector, though gains were tempered as some stocks traded ex-dividend. Santos jumped 3.9 percent to A$15.16, its highest since November 2013. The S&P/ASX 200 index added 6.7 points to 5,645.6 at the close of trade, and gained 1.4 percent for the week, climbing for a second week. The benchmark posted its seventh consecutive session of ...
Asia shares slip as China disappoints, Japan bucks trend SYDNEY: Asian shares came under pressure on Thursday as a disappointing survey on Chinese manufacturing stoked concerns about the regional giant and overshadowed better news from Japan. The HSBC/Markit Flash China Manufacturing Purchasing Managers' Index (PMI) fell to 50.3 in August from July's 18-month high of 51.7, badly missing a Reuters forecast of 51.5. Investors reacted by selling the Australian dollar, often a used as a liquid proxy for bets on China, while shares in ...
Australia shares pare gains after soft China PMI, earnings support SYDNEY/WELLINGTON: Australian shares pared their gains on Thursday after a disappointing survey on Chinese manufacturing took much of the shine off a handful of strong earnings reports and Wall Street's upbeat performance.The soft China economic report quickly ate into early gains that were spurred by minutes of the Federal Reserve's July meeting, which lifted US stocks as investors were reassured that the central bank will retain its ultra-low interest rates for some time. Miners pulled ...
Australia shares reverse early losses to end higher, BHP slumps SYDNEY: Australian shares reversed early losses on Wednesday to edge higher as investors dumped shares of BHP Billiton after the global miner missed earnings expectations, though an upbeat finish on Wall Street helped boost the market. BHP Billiton Ltd lost 3.9 percent, its biggest one-day percentage drop since March 10, as investors remained wary of the company's plans to spin off businesses worth an estimated $16 billion. The S&P/ASX 200 index rose 10.8 points to ...

 



 
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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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln