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Shares up, yen slips after G20 accepts Japan stimulus: GLOBAL MARKETS LONDON: The Japanese yen weakened toward 100 to the dollar on Monday and shares rose after the G20 accepted Japan's bold stimulus policies, helping to counter the gloom over the global growth outlook.US stock index futures also pointed to a higher open on Wall Street, where the focus is on quarterly corporate results and whether these suggest further weakness ahead.In its communique after a two-day meeting, the G20 avoided any direct criticism of Japan's policies and appeared to accept the need to reflate the world's third largest economy as part of efforts to invigorate a shaky global economic recovery.Major world central banks have been holding interest rates at rock-bottom levels since 2008 while pumping over $6 trillion into their banking systems through loans and asset-purchase operations with only modest success so far."The real issue of deflation in Japan has to be tackled before we can have a genuine global recovery," ...

European stocks rise at open; London up 0.24pc LONDON: European equities advanced in opening trade on Monday, with London's benchmark FTSE 100 index of top companies up 0.24 percent at 6,301.99 points.Elsewhere, Frankfurt's DAX 30 climbed 0.75 percent to 7,516.06 points and in Paris the CAC 40 gained 0.65 percent to 3,675.54.Copyright AFP (Agence France-Presse), 2013 ...
Norway ruling party backs oil drilling OSLO: Norway stood a key steps toward environmentally sensitive Arctic area to oil and gas exploration when the ruling Labour Party signal the advancement on Sunday to an impact study. Exploration around the Lofoten islands just above the Arctic circle is becoming the most contentious issues for parliamentary elections in September. The picturesque area had been off limits because it is home to the world's richest cod stocks, with environmental groups and the tourism industry ...
EADS CFO signals higher dividends in years to come: paper FRANKFURT: Airbus parent EADS has signaled that shareholders can expect higher dividends in coming years as Europe's largest aerospace group moves out of a phase of high investments and leaves behind some problems of the past. "Formerly, EADS was more cautious in its payout policy and at the time that was appropriate due to uncertainties, for instance those concerning the A380 programme," Chief Financial Officer Harald Wilhelm told German daily Boersen-Zeitung. "The risk profile of ...
Shares, oil rebound after week's big selloff NEW YORK: World equity markets and oil prices rebounded on Friday in a relief rally after a selloff this week that was triggered by signs of sluggish global growth.A lockdown and citywide search for a suspect in the Boston Marathon bombing after another suspect was killed may have contributed to reduced trading volumes but did not appear to have an impact on prices.Brent crude oil stabilized above $99 a barrel in a second day of ...
European stocks close higher PARIS: Europe's main stock markets closed mostly higher on Friday, with London's FTSE 100 index of leading companies rising 0.69 percent to 6,286.59 points.In Frankfurt, the DAX 30 slid 0.18 percent to 7,459.96 points, while in Paris the CAC 40 added 1.46 percent to 3,651.96 points. Copyright AFP (Agence France-Presse), 2013 ...
FTSE 100 recovers, led by miners LONDON: Britain's top share index edged higher on Friday, with some investors looking for bargains among mining stocks after the recent steep sell off on global growth concerns. A decent production update from Anglo American also helped sentiment on the mining sector, as did a pick up in gold and copper prices. The FTSE 350 mining index rose 2.2 percent. The industrial metals index added 4.1 percent, although it is still down 21 percent since ...

 



 
Index Closing Chg%
Arrow DJIA 16,982.59 0.13
Arrow Nasdaq 4,444.91 0.10
Arrow S&P 1,978.91 0.03
Arrow FTSE 6,788.07 0.05
Arrow DAX 9,598.17 0.48
Arrow CAC-40 4,344.77 0.33
Arrow Nikkei 15,529.40 0.46
Arrow H.Seng 24,428.63 0.88
Arrow Sensex 25,991.23 0.52





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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyMay
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln