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Britain's FTSE edges lower, miners hit 6-year low LONDON: Britain's top share index fell on Monday, extending the previous week's losses, hit by weak US data and a drop in mining companies which hit multi-year lows. Britain's FTSE 100 was down 19.46 points, 0.3 percent lower, at 6,531.28 by 1410 GMT. This followed the release of a survey which showed manufacturing activity in New York state reach its weakest level since April 2009. "The drop in new orders means that the economy is struggling on a forward looking basis, when expectations were looking for some improvement," said Atif Latif, director of trading at Guardian Stockbrokers. "(We're) seeing some dollar weakness on the headline but overall the equity weakness on this should be short-lived." The FTSE 100 fell 2.5 percent last week, following a drop in commodity prices after resource-hungry China devalued its currency, leaving the index 8 percent away from an all-time high hit in April. Shares in ...

European stocks rise at open LONDON: European stock markets rose at the start of trading on Monday, with London's benchmark FTSE 100 index gaining 0.43 percent to 6,579.08 points. Frankfurt's DAX 30 won 0.54 percent to 11,044.75 points and the CAC 40 in Paris climbed 0.81 percent to open at 4,996.76 compared with Friday's close.Europe's main stock markets had closed slightly lower on Friday at the end of a turbulent week for equities and other financial markets, triggered by concerns ...
European shares set for weekly drop after China devalues yuan LONDON: European stocks slipped lower on Friday, with utility RWE underperforming after broker downgrades, and remained on course for their worst week in more than a month following China's currency devaluation. RWE fell 1.7 percent after Natixis and UBS cut their price targets on RWE shares, but payment services company Ingenico rose 5.5 percent after gaining entry to the MSCI World Index, a key benchmark for many investors. The euro zone's blue-chip Euro STOXX 50 ...
Britain's FTSE rebounds, Coca-Cola HBC leads gainers LONDON: Britain's top equity index rebounded on Thursday from losses earlier in the week as concerns over China's economy eased, with Coca-Cola HBC leading the gains after posting stronger-than-expected net profit. The FTSE 100 index, which had fallen by more than 2 percent in the previous two sessions, was up 0.8 percent at 6,622.04 points by 1051 GMT. Beijing's devaluation of the yuan on Tuesday had hit world financial markets, but China's central bank said ...
European shares rally after China calms yuan fall LONDON: European shares bounced on Thursday after a 4 percent fall this week, tracking a late rally on Wall Street and gains in Asia on efforts by China's central bank to slow the sharp descent of the yuan that has rocked markets worldwide. The pan-European FTSEurofirst 300 index was up 1.9 percent at 1,545.14, with national benchmark euro zone indexes broadly in line with that rise at 1112 GMT. Automakers and luxury goods stocks, among ...
European stocks rebound LONDON: European stock markets rebounded on Thursday from recent heavy losses linked to China's weakening of its currency.London's benchmark FTSE 100 index climbed 0.24 percent to stand at 6,586.81 points in mid-afternoon deals. Frankfurt's DAX 30 gained 1.32 percent to 11,069.06 points, and the CAC 40 in Paris advanced 1.57 percent to 5,002.67 compared with Wednesday's close.The euro fell to $1.1102 from $1.1159 late in New York on Wednesday."So fears of Chinese economic meltdown appear ...
European stocks rally at open LONDON: European stock markets rallied at the start of trading on Thursday, rebounding slightly from heavy recent losses linked to China's weakening of its currency.London's benchmark FTSE 100 index climbed 0.82 percent to 6,624.86 points compared with Wednesday's close. Frankfurt's DAX 30 jumped 1.59 percent to 11,098.17 points and the CAC 40 in Paris advanced 1.64 percent to open at 5,006.01.Europe's main indices had slumped over the past two days, with Frankfurt and Paris both ...


Index Closing Chg%
Arrow DJIA 16,654.77 2.27
Arrow Nasdaq 4,812.71 2.45
Arrow S&P 1,987.66 2.43
Arrow FTSE 6,192.03 3.56
Arrow DAX 10,315.62 3.18
Arrow CAC-40 4,658.18 3.49
Arrow Nikkei 18,574.44 1.08
Arrow H.Seng 21,838.54 3.60
Arrow Sensex 26,231.19 2.01

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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln