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European stocks rebound to end higher LONDON: European stock markets rallied on Wednesday despite high tension over the Ukraine crisis, heartened by strong company earnings, Chinese growth data and a positive start on Wall Street.Shares had ended sharply lower on Tuesday as the escalating military crisis in Ukraine spooked investors, traders said.But news that China, the world's second-largest economy, is growing faster than expected set a hopeful tone in Europe, which was bolstered by upbeat earnings reports. "The return of risk appetite comes in spite of the persistent worries about the escalating situation in the Ukraine," said Ishaq Siddiqi, a market analyst at ETX Capital."The situation in Ukraine, although worrying as its fluid, is being put aside by financial markets who are now focused on the better China data for inspiration to snap up assets at lower levels."London's FTSE 100 ended up 0.65 percent compared to Tuesday's closing level, at 6,584.17 points after official data showed ...

Pop Milano cash call won't be delayed by governance rejection MILAN: Banca Popolare di Milano said on Wednesday the recent rejection by shareholders of corporate governance reforms would not delay its plans for a capital increase of 500 million euros ($690.32 million).On Saturday the bank's shareholders unexpectedly voted down reforms designed to attract new investors three weeks before the Italian cooperative bank launches a cash call.In a statement the bank said the improved liquidity position at the bank would allow it to proceed with a ...
European shares bounce back as Chinese data reassures LONDON/PARIS: European shares rose on Wednesday, reversing the previous session's slide after economic growth data from China came in a touch above forecasts.At 1508 GMT, the pan-European FTSEurofirst 300 index was up 0.9 percent at 1,318.19 points, in a rebound most traders saw as a technical reaction to a 1 percent fall in the previous session.Earlier this month, the index hit a near six-year high, but the rally has been halted by worries over the ...
FTSE advances on Chinese data, Sports Direct sprints ahead LONDON: Britain's benchmark stock index rose on Wednesday after Chinese economic data came in a touch above forecasts, with Tesco rising on aggressive strategy plans and Sports Direct surging on a bullish note about the company.The sportswear retailer surged 5.6 percent to the lead FTSE 100 gainers. Traders cited a note from Bank of America Merrill Lynch as saying it could grow its top line at a compound annual growth rate (CAGR) of 7 percent ...
European stocks rebound LONDON: European stock markets rallied on Wednesday, rebounding from the previous day's losses on better-than-expected company earnings and Chinese growth data that also lifted Asian indices and Wall Street.Shares had ended sharply lower on Tuesday as the escalating military crisis in Ukraine spooked investors, traders said.In midday deals on Wednesday, London's FTSE 100 climbed 0.30 percent to stand at 6,561.15 points compared with Tuesday's closing level, as the benchmark shares index benefited also from official ...
European stocks rally at open LONDON: Europe's main stock markets opened with strong gains on Wednesday following rallies across Asia and on Wall Street, with indices lifted by better-than-expected company earnings and Chinese growth data.London's benchmark FTSE 100 index grew 0.78 percent to stand at 6,592.45 points compared with Tuesday's close.Frankfurt's DAX 30 advanced 0.85 percent to 9,252.30 points and in Paris the CAC 40 jumped 1.02 percent to 4,389.75.Copyright AFP (Agence France-Presse), 2014 ...
Russian markets, ruble fall over Ukraine crisis MOSCOW: The Russian stock markets and the ruble fell in early trading on Monday after clashes between pro-Russian forces and the Kiev authorities in eastern Ukraine.Western powers blame Russia for stirring up the trouble.At about 0730 GMT, Moscow's benchmark MICEX, which is denominated in rubles, had fallen 1.08 percent and the RTS, which is denominated in dollars, had fallen 2.03 percent.Shares in Gazprom energy giant had fallen 1.69 percent.The Russian ruble fell both against the ...


Index Closing Chg%
Arrow DJIA 16,424.85 1.00
Arrow Nasdaq 4,086.23 1.29
Arrow S&P 1,862.31 1.05
Arrow FTSE 6,584.17 0.65
Arrow DAX 9,317.82 1.57
Arrow CAC-40 4,405.66 1.39
Arrow Nikkei 14,417.68 3.01
Arrow H.Seng 22,696.01 0.11
Arrow Sensex 22,277.23 0.92

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln