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Europe holds nerve as Russia-Ukraine warnings ratchet up LONDON: European markets cautiously set aside warnings that Russia's conflict with Ukraine was sliding out of control on Monday, as investors focused on the European Central Bank's meeting this week and hopes it will strengthen its stimulus plans.Shares on the region's FTSEurofirst 300 index nudged 0.2 percent higher in early trading following a similar performance by Asian stocks despite some mildly disappointing data from China.Euro zone periphery bonds suggested that appetite for risk was alive as the euro also held its ground at $1.3132 as it hovered just above a one-year low against the dollar and a two-year low versus the British pound."Naturally, developments between Russia and the Ukraine will be in the cross sights. However, despite more concerning rhetoric that tensions are nearing a point of no return, we haven't really seen a heavy bias towards defensive trading strategies today," IG chief market strategist Chris Weston said in a ...

European shares edge up on M&A, ECB speculation LONDON: European shares kicked off September a touch higher on Monday, helped by some mergers and acquisitions speculation and expectations of new monetary largesse in Europe. British broadcaster ITV rose 2.5 percent after The Telegraph reported Liberty Global Plc was canvassing support from major ITV shareholders following its acquisition this summer of a 6.4 percent stake, raising speculation of a full takeover bid. The stock was among top gainers on the pan-European FTSEurofirst 300 index, ...
FTSE 100 companies with large board shareholdings underperform: survey LONDON: FTSE 100 companies led by board members who have large holdings in their companies' shares have underperformed both Britain's blue-chip index and businesses with the smallest management shareholdings, a new study shows. Investors are often drawn to companies at which he management own a large portion of the shares, believing that this helps to align the interests of directors with those of the shareholders and provides an added incentive to deliver growth. But the ...
European stocks end week up as Ukraine tension mounts LONDON: European stocks ended the week higher on Friday, shrugging off the impact of simmering Ukraine tensions and a profits warning from supermarket giant Tesco.Frankfurt's main DAX index ended up 0.08 percent to 9,470.17 points.London's benchmark FTSE 100 gained 0.20 percent, ending on 6,819.75 points, while in Paris the CAC 40 rose 0.34 percent to 4,381.04 points by the close of trading.European markets had dipped during the day after an upbeat start as uncertainty surrounding ...
European stocks end week higher LONDON: European stock markets ended the week higher on Friday, with Frankfurt's main DAX index edging up 0.08 percent to 9,470.17 points.London's benchmark FTSE 100 gained 0.20 percent, ending on 6,819.75 points, while in Paris the CAC 40 rose 0.34 percent to 4,381.04 points.Copyright AFP (Agence France-Presse), 2014 ...
FTSE inches higher, Tesco slumps after profit warning LONDON: Britain's top share index ended slightly higher on Friday, with stronger pharmaceutical stocks on renewed merger and acquisition talks outpacing a sharp decline in retail stocks after another profit warning by Tesco. AstraZeneca, which added the most points to the blue-chip FTSE 100 index, rose 2 percent on talk of further takeover interest from Pfizer following an abortive $118 billion takeover attempt in May. Other drugmakers also gained, with Shire rising 0.7 percent and ...
European stocks end week higher LONDON: European stock markets ended the week higher on Friday, with Frankfurt's main DAX index edging up 0.08 percent to 9,470.17 points.London's benchmark FTSE 100 gained 0.20 percent, ending on 6,819.75 points, while in Paris the CAC 40 rose 0.34 percent to 4,381.04 points.Copyright AFP (Agence France-Presse), 2014 ...

 



 
Index Closing Chg%
Arrow DJIA 17,776.91 0.53
Arrow Nasdaq 4,997.46 0.11
Arrow S&P 2,081.34 0.61
Arrow FTSE 6,432.21 1.58
Arrow DAX 10,676.78 1.96
Arrow CAC-40 4,604.64 2.27
Arrow Nikkei 20,376.59 1.31
Arrow H.Seng 24,975.31 1.03
Arrow Sensex 28,171.69 0.13





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMay
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 06, 2015
Reserves $18.201 bln