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Europe stocks stumble, dollar lifted by US rate view LONDON: European shares fell in thin trade on Monday while the dollar powered ahead after U.S. Federal Reserve Chair Janet Yellen indicated that the central bank was poised to raise interest rates this year.Investor concerns about Greece's debt problems and a poor regional and local election result by Spain's ruling People's Party also weighed on the euro and European shares.The pull-back in European stocks mirrored losses on Wall Street on Friday after Yellen suggested the Fed was ready to act if the economy kept improving as expected, though a raft of recent data has suggested it is growing only modestly in the second quarter. She said delaying a policy tightening until employment and inflation hit its targets risked overheating the economy.The benchmark French CAC 40 index shed 0.8 percent. Trading volumes were thin as several markets including Germany, the United Kingdom and the United States were shut for holidays.Spain's IBEX ...

European stock markets fall on Greek and Spanish political concerns LONDON: European equities fell on Monday, with the Spanish and Greek stock markets hit by investors' concerns over Greece's debt problems and a poor local election result for the Madrid government.Athens' main index equity index fell 1.2 percent after Greece's interior minister said on Sunday the country would not be able to make debt repayments to the International Monetary Fund next month unless it makes a deal with creditors.Spain's IBEX equity index also fell 2.1 ...
Greek, French, Italian shares fall in thin trading LONDON: European equities fell on Monday, tracking Friday's losses on Wall Street and as a Greek minister said Athens cannot make debt repayments next month unless Greece reaches a deal with its creditors.Greece's ATG index fell 2.5 percent on the comments by Interior Minister Nikos Voutsis during a weekend TV show. After four months of talks with its euro zone partners and the IMF, the leftist-led government is still scrambling for a deal that could ...
Shares in Monte Paschi fail to trade as cash call kicks off MILAN: Shares in Monte dei Paschi di Siena failed to start trading at open on Monday as the Tuscan bank launched its second cash call in less than a year to repair its balance sheet.Italy's third-largest bank is raising 3-billion euros ($3.3 billion) from investors -- more than its current market value -- selling 2.56 billion new shares at a 38.9 percent discount to the theoretical ex-rights price.By 0711 GMT shares in Monte Paschi were ...
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 ...
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 ...


Index Closing Chg%
Arrow DJIA 18,232.02 0.29
Arrow Nasdaq 5,089.36 0.03
Arrow S&P 2,126.06 0.22
Arrow FTSE 7,031.72 0.05
Arrow DAX 11,815.01 0.42
Arrow CAC-40 5,142.89 0.07
Arrow Nikkei 20,264.41 0.30
Arrow H.Seng 27,992.83 1.70
Arrow Sensex 27,957.50 0.53

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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