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Global stock markets experience renewed volatility LONDON: Global stock markets faced renewed volatility Wednesday, as further evidence of slowing growth in China caused investors to question the prospects for continued global economic expansion.Despite revived jitters that sent most markets veering from losses to gains, however, most indices managed to finish up after serious slides on Tuesday.Following hefty early losses, many Asian bourses reversed direction to close in positive territory -- the latest session of roller-coaster activity.At the end of trade in Europe, London, Paris and Frankfurt similarly finished higher after see-sawing earlier in the day.Wall Street was mixed in the middle of the trading session, as investors sought to rebound from nearly three percent losses Tuesday.The Australian dollar -- heavily linked to demand for the country's abundant natural resources -- plumbed six-year lows as figures showed the economy logged a slower-than-expected 0.2 percent quarterly expansion.That came after Canada officially entered recession, hit hard by stubbornly low ...

Markets on edge as policymakers flex muscles LONDON: Fresh government intervention to support China's jittery markets and bets on a more dovish stance from central bankers provided limited respite from a stock market sell-off on Wednesday as oil resumed its fall. European equities gave up early gains, with commodities stocks the hardest hit, as US crude fell more than $1 to $44.39 a barrel. Brent crude was down 89 cents to $48.67. There had been some early relief after Chinese stocks managed ...
Emerging stocks fall for third day on growth fears LONDON: Emerging equities fell for the third day running on Wednesday, approaching six-year lows on deepening concerns about global growth, as oil price weakness fuelled another drop in the Russian rouble. Data this week showed manufacturing and exports contracted in several emerging economies. Chinese output contracted in August at the sharpest pace in three years while European and US growth also eased.That has kept emerging assets close to multi-year or record lows. Chinese mainland shares ...
European shares steady after recent rough ride, China moves help LONDON: European equities steadied on Wednesday after a volatile start to the week, with traders pointing to Chinese brokerages' measures to support China's battered markets and expectations of policy easing by major central banks. European stocks have suffered a bruising end to the summer, falling more than 2 percent in the last two days after dropping about 10 percent since the end of July, but brokers and investors say there is still value in high-yielding ...
European shares hit again by Chinese manufacturing data LONDON: European stocks fell on Tuesday, extending the losses of recent weeks after weak manufacturing data from China again raised concerns over the health of its economy.The pan-European FTSEurofirst 300 was down 2.1 percent at 1,401.75 points by 1044 GMT, with basic resources stocks down 3.2 percent, making them the top sectoral losers.Asian markets also fell. Activity in Chinese manufacturing contracted at its fastest pace for three years in August, an official survey showed on ...
European stocks slide at open LONDON: Europe's stock markets sank in opening deals on Tuesday as investors fretted once again over the state of the flagging Chinese economy.In initial trade, London's benchmark FTSE 100 index of top companies shed 0.96 percent to 6,187.93 points, as British investors returned after a long holiday weekend.And in the eurozone, Frankfurt's DAX 30 fell by a hefty 1.81 percent to 10,073.74, while the Paris CAC 40 dropped 1.43 percent to 4,586.33 points.Asian equities also ...
European stocks slip as investors ponder China, US rates PARIS: Europe's main stock markets slid Monday as investors still rattled by last week's turmoil pondered China's slowing economy and potential US interest rate moves.The CAC 40 in Paris shed 0.47 percent to 4,652.95 points in mid-afternoon trading, and Frankfurt's DAX 30 gave up 0.38 percent to 10,259.46 points compared with Friday's close.London's stock exchange was closed for a national holiday.Global equities were hammered last week as risk-averse investors dumped shares amid panic that the ...

 



 
Index Closing Chg%
Arrow DJIA 16,351.38 1.82
Arrow Nasdaq 4,749.98 2.46
Arrow S&P 1,948.86 1.83
Arrow FTSE 6,083.31 0.41
Arrow DAX 10,048.05 0.32
Arrow CAC-40 4,554.92 0.30
Arrow Nikkei 18,095.40 0.39
Arrow H.Seng 20,934.94 1.18
Arrow Sensex 25,453.56 0.95





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Banking Review 2014


Annual2013/14
Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln