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Wall St falls on worries about Spain, profits  NEW YORK: US stocks fell on Tuesday after opening higher as uncertainty surrounded Spain's financial bailout and investors worried about disappointing third-quarter US earnings.   The Dow was pressured by stocks closely tied to the pace of growth, including Caterpillar Inc and Boeing Co. A major headwind for the global economy has been falling demand from Europe, which has been drifting toward recession.   Spain was said to be ready to ask the euro zone for help, but Germany has signaled that Madrid should hold off on making its request, according to European officials on Monday.    "Spain being rescued would be good for risk assets and ultimately global growth, but while the benefits are largely priced in, we're still getting conflicting signals that understandably have investors apprehensive," said Brian Barish, president of Cambiar Investors LLC in Denver.   The S&P rose nearly 6 percent in the third quarter, lifted by accommodative actions by the US Federal Reserve ...

Weak growth outlook drags on European shares  LONDON: European shares fell on Tuesday after concerns over the hit to earnings from weakening global growth weighed on sentiment and set up a test of chart support on a leading regional index.   Those doubts have deterred many investors from extending the recent two-month stock rally in the run-up to the third-quarter earnings season in light of persistently sluggish economic data.   Miners, steelmakers and others in the metals industry are among the most exposed to that weaker ...
Iran makes big South American soy purchases-Oil World  HAMBURG: Iran made major imports of Argentine soyoil and soybeans between July and September as Iranian buyers found methods of making payments in the face of western sanctions, Hamburg-based oilseeds analysts Oil World said on Tuesday.   Iran imported 202,000 tonnes of soyoil in July-Sept. 2012, up from only 160,000 in April-June this year, a figure depressed as sanctions hit shipments, Oil World estimates.   Of the July-Sept. total, 129,000 tonnes is believed to have been imported from Argentina, ...
European shares steady; Spain in focus  PARIS: European stocks pared early losses and steadied on Tuesday, with investors looking for clues on whether Spain will soon request a bailout that would ease fears of contagion from the euro zone debt crisis.   Alstom tumbled 5.8 percent, the biggest loser among European blue chips, after the French transport and power engineering company launched a capital hike of 350 million euros ($451.68 million) to finance an investment in a Russian rail equipment firm.   At 0821 GMT, ...
UK shares slip as euro concerns weigh  LONDON: Britain's benchmark share index edged lower on Tuesday, with sentiment driven by concerns about Europe that traders said could drive the market down further.   Uncertainty about when Spain might apply for financial help weighed, while a weakening performance in Europe likely lay behind declines in building materials group Wolseley, which one of the worst performing blue chips.   The blue-chip FTSE 100 was down 0.2 percent, or 8.27 points lower, at 5,812.18 points.   Wolseley fell by around 1 ...
Spain bailout uncertainty pushes European shares lower  LONDON: European shares and the euro dipped on Tuesday as investors worried about Spain's economic troubles and a gloomy outlook for global growth, cashing in recent gains.   The FTSEurofirst index of top European shares opened 0.4 percent lower as trading resumed, having finished up 1.42 percent at 1104.71 points on Monday. London's FTSE 100, Paris's CAC-40 and Frankfurt's DAX all started in negative territory.   Spain is ready to request a euro zone bailout for its public finances ...
European stocks drop at open; London down 0.49pc  LONDON: Europe's main stock markets fell at the start of trading on Tuesday, with London's benchmark FTSE 100 index of top companies down 0.49 percent to 5,791.75 points.   Frankfurt's DAX 30 shed 0.66 percent to 7,278.13 points and in Paris the CAC 40 dropped 0.95 percent in value to stand at 3,402.41.   Copyright AFP (Agence France-Presse), 2012 ...

 



 
Index Closing Chg%
Arrow DJIA 16,514.37 0.40
Arrow Nasdaq 4,161.46 0.97
Arrow S&P 1,815.69 0.95
Arrow FTSE 6,681.76 0.85
Arrow DAX 9,600.09 2.02
Arrow CAC-40 4,484.21 1.18
Arrow Nikkei 14,388.77 0.85
Arrow H.Seng 23,003.64 0.79
Arrow Sensex 22,758.37 0.03





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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln