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European shares inch higher; Sanofi drops again PARIS: European stocks inched higher early on Wednesday, tracking sharp gains on Wall Street ahead of a US Federal Reserve policy announcement.At 0900 GMT, the FTSEurofirst 300 index of top European shares was up 0.3 percent at 1,321.07 points, led by miners including Rio Tinto and BHP Billiton, up 0.9-1.1 percent and climbing along with metals prices.France's Schneider Electric rose 3.1 percent after reporting a 7 percent rise in third-quarter sales and saying Western Europe showed long-awaited but fragile signs of stabilisation.French pharma group Sanofi dropped 3.7 percent, adding to the previous session's slump after its board said on Wednesday it had decided to oust chief executive Chris Viehbacher."This creates more uncertainty just after the group published results and outlook figures which were not reassuring," a Paris-based trader said.Dutch marine services group Fugro sank 20 percent after it warned that it will not pay a dividend over 2014 due to ...

European shares rise ahead of Fed; Sanofi drops again PARIS: European shares rose early on Wednesday, tracking sharp gains on Wall Street ahead of the US Federal Reserve's latest policy announcement.Shares in French pharma group Sanofi bucked the trend, dropping 5.3 percent and adding to the previous session's slump, after its board said on Wednesday it had decided to oust chief executive Chris Viehbacher.At 0807 GMT, the FTSEurofirst 300 index of top European shares was up 0.4 percent at 1,321.69 points, led by mining ...
Shares push higher, bonds steady before Fed LONDON: World stocks and U.S bond yields extended almost three weeks of steady gains on Tuesday, as markets prepared for the Federal Reserve to formally end six years of aggressive, crisis-driven monetary stimulus.The Fed kicks off a two-day meeting later with analysts wagering that it will try to soothe the recent market volatility by reinforcing that, while stimulus is being wound up, it could wait quite a while before raising interest rates.With the euro zone ...
Britain's FTSE gains as mining shares rise; banks underperform LONDON: Britain's top equity index rebounded on Tuesday, helped by stronger mining stocks, although its advance was curbed by a drop in banking shares such as Standard Chartered and Lloyds.The blue-chip FTSE 100 index was up by 0.5 percent at 6,397.44 points going into the close of the trading session, bouncing back from a 0.4 percent decline on Monday.Mining companies such as Glencore, BHP Billiton and Rio Tinto added the most points to the FTSE. ...
Robust earnings spur European stocks higher EDINBURGH: European shares rose in early trade on Tuesday, reversing the previous session's dip as better-than-expected results from a number of blue-chips including pharma group Novartis and bank UBS helped lift sentiment.Gains in Europe were spurred by the German DAX, up 1.7 percent, and peripheral euro zone markets, with Spain's IBEX up 1.8 percent and Italy's FTSE MIB 1.7 percent higher.The French CAC and Britain's FTSE gained only 0.5 percent, hit by steep falls in ...
Robust earnings help Europe stocks resume rally PARIS: European shares rose in early trade on Tuesday, reversing the previous session's dip as better-than-expected results from a number of blue-chips including pharma group Novartis and bank UBS helped lift sentiment.Bucking the trend, shares in pharma group Sanofi sank 7.1 percent after posting weaker-than-expected quarterly sales, blaming pricing pressures on its lucrative diabetes business."This is disappointing for one of the company's most important growth engines," Berenberg analysts wrote in a note.The sharp drop in ...
Shares push higher, bonds steady ahead of Fed LONDON: World stocks inched up and US bond yields steadied after almost three weeks of gains on Tuesday with Federal Reserve policy setters expected to end six years of aggressive monetary stimulus.The Fed kicks off a two-day meeting later with markets betting on an announcement that it will stop its post-financial crisis high-intensity asset buying and reinforce that a softly-softly approach will be taken to raising rates.With the euro zone running into turbulence again and ...

 



 
Index Closing Chg%
Arrow DJIA 17,390.52 1.13
Arrow Nasdaq 4,630.74 1.41
Arrow S&P 2,018.05 1.17
Arrow FTSE 6,546.47 1.28
Arrow DAX 9,326.87 2.33
Arrow CAC-40 4,233.09 2.22
Arrow Nikkei 16,413.76 4.83
Arrow H.Seng 23,998.06 1.25
Arrow Sensex 27,865.83 1.90





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJuly-June
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln