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Europe edges up on earnings, risk aversion remains LONDON: European equities edged higher in early trade on Wednesday, extending gains from Tuesday after a batch of positive earnings and U.S. economic data briefly calmed worries over stretched valuations and the pace of economic recovery.However, the prospect of more sanctions against Russia over the Ukraine crisis and a downed Malaysian airliner kept risk aversion on the table in the bond market, where German 10-year yields nudged down to 1.16 percent, just shy of record lows.The euro also hit an eight-month low against the dollar on concerns that tougher Russian penalties might hit fragile euro zone growth.The pan-European FTSEurofirst 300 share index was 0.3 percent higher at 0742 GMT, buoyed by better-than-expected earnings from German automaker Daimler and Dutch paint-and-chemicals firm AkzoNobel.Gains were more muted in Europe - where the pace of economic recovery and the impact of a Russia slowdown have worried investors - than in much of Asia ...

Britain's FTSE flat, Capita gains on strong results LONDON: Britain's top share index steadied on Wednesday, as tensions between the West and Russia and the conflict in Gaza made investors cautious, although Capita and BHP Billiton saw strong gains.Outsourcing group Capita, which runs services from the Ministry of Defence pension scheme to police radio systems, rose 3 percent after posting an 11 percent rise in first-half organic revenue.Global miner BHP Billiton gained 1 percent after beating its own guidance for full-year iron ore ...
Turkish shares at highest since May 2013, lira stronger ISTANBUL: Turkish shares rose to their highest since May 2013 on Wednesday and the lira hit its strongest since mid-June as risk aversion eased and after the economy minister forecast Turkey's current deficit would fall by more than expected this year.At 0848 GMT, the lira stood at 2.0942 against the U.S. currency, just off a high for the morning of 2.0933, its strongest since June 11. It stood at 2.1055 late on Tuesday."Global risk sentiment ...
Indonesia, Russia gains push emerging stocks to new 17-month high LONDON: Emerging equities hit new 17-month highs on Wednesday, buoyed by strong post-election gains in Indonesia and a rise in Russian stocks after a conciliatory tone from the Kremlin over the downed Malaysian Airlines jet.A batch of positive earnings in Europe and the United States along with robust U.S. economic data have lifted sentiment and somewhat offset potential geopolitical repercussions from last week's shooting down of a Malaysian Airlines plane over eastern Ukraine.Political developments within ...
European stock markets fall at open LONDON: Europe's main stock markets fell at the start of trading on Wednesday, with London's benchmark FTSE 100 index losing 0.26 percent to 6,777.45 points.Frankfurt's DAX 30 eased 0.07 percent to 9,727.43 points and the CAC 40 in Paris dropped 0.21 percent to 4,360.20 compared with Tuesday's close.Copyright AFP (Agence France-Presse), 2014 ...
Russian shares open slightly up on Wednesday MOSCOW: Moscow shares opened slightly up on Wednesday after President Vladimir Putin said the previous day Russia would try to ensure that Ukrainian separatists cooperate with an investigation into the downing of a Malaysian airliner. The rouble-traded MICEX was up 0.4 percent in the first minutes of trade. The dollar-denominated RTS was up 0.8 percent.Copyright Reuters, 2014 ...
European markets fly on Ukraine plane crash probe deal LONDON: Europe main stock markets jumped on Tuesday as investors welcomed news that pro-Russian rebels had handed over the black boxes from downed flight MH17, easing concerns over the disaster.Frankfurt's main DAX index gained 1.27 percent to end at 9,734.33 points, compared to Monday's close. London's benchmark FTSE 100 index closed 0.99 percent higher at 6,795.34 points, while in Paris the CAC 40 ended the day up 1.50 percent at 4,369.52."Markets in Europe were recuperating ...

 



 
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