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European stocks dip but euro soars on ECB, Italy LONDON: European stock markets fell but the euro soared against the dollar on Wednesday as Italy averted a political crisis and the ECB central bank signalled more efforts to boost recovery in the eurozone.With a US government shutdown pushed into a second day, dealers moved to the euro as European Central Bank chief Mario Draghi warned the political deadlock in Washington could pose a danger to the world economy.London's benchmark FTSE 100 index slid 0.35 percent to 6,437.50 points. Supermarket group Tesco topped the fallers board after Britain's biggest retailer revealed that first-half profits slumped by a third.Frankfurt's DAX 30 shed 0.69 percent to 8,629.42 points, while the CAC 40 in Paris fell 0.92 percent to 4,158.16 points.Dealers remained cautious despite new assurances by the ECB that it was prepared to use all means at its disposal to curb any rise in money market interest rates.The ECB was "particularly attentive" ...

European stocks close down LONDON: Europe's main stock markets closed down on Wednesday, with London's benchmark FTSE 100 index sliding 0.35 percent to 6,437.50 points.Frankfurt's DAX 30 shed 0.69 percent to 8,629.42 points, while the CAC 40 in Paris fell 0.92 percent to 4,158.16 points.Copyright AFP (Agence France-Presse), 2013 ...
KPN shareholders clear German unit sale to Telefonica THE HAGUE: Shareholders in Dutch telecoms group KPN have approved the 8.55 billion euro ($11.6 billion) sale of its German unit E-Plus to Spanish rival Telefonica, paving the way for KPN to step up investment and resume dividend payments.Combining the German units of KPN and Telefonica will create the country's largest mobile operator by customers, giving Telefonica more clout to compete with Vodafone and T-Mobile.The deal brings together two long-standing rivals in Latin America. Carlos ...
European stocks drop amid US shutdown, before ECB LONDON: European stock markets mostly fell and the euro dipped against the dollar on Wednesday with sentiment hit by the US government shutdown, as dealers awaited the ECB's latest rate decision.London's FTSE 100 index fell 0.76 percent to stand at 6,448.95 points in midday deals, as supermarket group Tesco topped the fallers board after Britain's biggest retailer revealed that first-half profits slumped by a third.The CAC 40 in Paris reversed 0.70 percent to 4,167.38 points ...
European stocks slip at open LONDON: Europe's main stock markets retreated in opening deals on Wednesday, amid concerns over the US government shutdown, dealers said.London's benchmark FTSE 100 index dipped 0.29 percent to 6,441.01 points, the CAC 40 in Paris slid 0.46 percent to 4,177.18 points and Frankfurt's DAX 30 fell 0.44 percent to 8,650.71.However, Asian equities mostly rose on Wednesday after a positive lead from Wall Street, with some investors betting that US lawmakers will quickly reach a deal ...
European stocks rise as Italy outshines US shutdown LONDON: European stock markets rose strongly on Tuesday despite a dramatic US government shutdown threatening the normal run of business in the world's biggest economy on hopes of a settlement to Italy's political crisis.Milan's FTSE-Mib jumped 3.11 percent to close at 17,977 points on hopes Prime Minister Enrico Letta will survive a confidence vote as support for former premier Silvio Berlusconi fragmented.Frankfurt's DAX 30 rose 1.10 to 8,689.14 points and the CAC 40 in Paris ...
European stocks close mostly higher LONDON: Europe's main stock markets closed mostly higher on Tuesday despite uncertainty generated by a US government shutdown, with London's benchmark FTSE 100 index ending nearly flat at 6,460 points.Frankfurt's DAX 30 rose 1.10 to 8,689.14 points and the CAC 40 in Paris climbed 1.28 percent to 4,196.6 points, while Milan's FTSE-Mib jumped 3.11 percent to 17,977 points on hopes of a resolution of Italy's political crisis.Copyright AFP (Agence France-Presse), 2013 ...

 



 
Index Closing Chg%
Arrow DJIA 16,461.32 0.92
Arrow Nasdaq 4,382.85 0.83
Arrow S&P 1,927.11 0.73
Arrow FTSE 6,399.73 0.43
Arrow DAX 8,940.14 0.60
Arrow CAC-40 4,105.09 0.58
Arrow Nikkei 15,195.77 2.64
Arrow H.Seng 23,403.97 1.37
Arrow Sensex 26,787.23 0.80





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 20, 2014
Reserves $13.436 bln