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Eurozone stocks slip as EU leaders meet LONDON: Eurozone stock markets slid on Friday as investors' attention shifted to an EU summit over relations with the ex-Soviet states and the Greek crisis as well as US inflation data.In the euro area, Frankfurt's DAX 30 lost 0.16 percent to stand at 11,846.18 points in afternoon deals and the CAC 40 in Paris dipped 0.03 percent to 5,144.97 points compared with Thursday's close.But in London the benchmark FTSE 100 index rose 0.65 percent to 7,059.00 points, boosted by gains to share prices of heavyweight miners that rallied on Chinese stimulus hopes.In foreign exchange trading on Friday, the euro dropped to $1.1035 from $1.1112 late in New York on Thursday, after US core inflation came in higher than expected and thus raised chances of a rise to interest rates.Connor Campbell, analyst at Spreadex trading group. said the EU summit was "drawing most of the attention in Europe" while investors were ...

FTSE holds firm near record highs, commodity shares up LONDON: Britain's top share index hovered just below last month's record highs on Thursday, with expectations China will launch further stimulus to support its economy helping miners and energy stocks tracking gains in oil prices.The UK Oil and Gas index rose 0.9 percent as crude rose for a second day, supported by expectations that a global supply glut is starting to ease and by fighting in oil-producing Iraq. Oil majors Royal Dutch Shell and BP ...
European stocks fall, pound boosted LONDON: European stocks fell Thursday after a largely downbeat session in Asia and losses on Wall Street, with dealers uncertain over the exact timing of a hike in US interest rates.But on the currency market, the British pound hit two-month highs against the euro on upbeat retail sales data.In midday stock deals, London's benchmark FTSE 100 index dipped 0.08 percent to 7,001.93 points, with the British retail numbers trimming losses.In the euro area, Frankfurt's DAX ...
Major euro zone share indexes fall after mixed PMI data LONDON: European shares fell on Thursday after data pointed to a mixed picture for the euro zone's economic recovery, with German private-sector growth slowing again in May even as France extended its timid recovery.The pan-European FTSEurofirst 300 index was down 0.1 percent at 1107 GMT at 1612.55, with Germany's DAX down 0.5 percent.Blue-chip German stocks underperformed other indexes after Markit's flash composite Purchasing Managers' Index (PMI) for Europe's largest economy showed a drop in May, ...
FTSE holds firm to hover near record highs, miners up LONDON: Britain's top share index hovered just below last month's record highs on Thursday as miners gained ground on expectations that China, the world's largest metals consumer, will launch more stimulus measures to support its economy.The UK mining index rose 0.6 percent, the top sectoral gainer, after a survey showing Chinese factory activity contracted for a third month in May indicated a persistent weakness in the world's second-largest economy."Investors are viewing 'bad news as good ...
Shares subdued by mixed China, euro zone PMI data LONDON: World shares hovered near record highs on Thursday after downbeat Chinese manufacturing data put pressure on Beijing for more stimulus and the Federal Reserve signalled an increase in US interest rates is still some way off.European markets opened largely subdued, however, as disappointing German purchasing manager data (PMI) offset an improvement in France. That left the region's main bourses down as much as 0.6 percent and investors preferring bonds.The euro gained to $1.1150. Top ...
European stocks mostly up as traders seek US rate hike clues LONDON: Europe's main stock markets closed mostly up Wednesday, with traders awaiting clues on the timing of US rate rises, yet oddly reassured by penalties levied on leading banks for foreign exchange fraud, analysts said.London's benchmark FTSE 100 index ended the day up 0.17 percent at 7,007.260 points compared to Tuesday's close.The CAC 40 in Paris rose 0.31 percent to 5,133.30 points, while the DAX 30 in Frankfurt ended 0.04 percent down, at 11,848.47 points.The ...


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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyMay 21, 2015
Reserves $17.75 bln