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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 on Thursday that strong economic fundamentals meant there was no reason for the currency to weaken further. Stock markets in Asia and Europe rose. "They're taking the Chinese central bank at its word, but I'm still taking those comments with a pinch of salt," said Richard Perry, an analyst at Hantec Markets. "Selling short-term rallies on the FTSE would still seem to be a sensible strategy to play." Soft drink bottler Coca-Cola HBC enjoyed its ...

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 ...
German blue-chip DAX index down more than 3pc in late afternoon FRANKFURT: German shares plunged sharply in late afternoon trading on the Frankfurt stock exchange Wednesday, after China further devalued its currency and reported more poor economic data.The German blue-chip DAX 30 index was showing a loss of 3.18 percent at 10,934.18 points at 1405 GMT after already shedding 2.68 percent on Tuesday.Copyright AFP (Agence France-Presse), 2015 ...
European stocks fall at open LONDON: European stock markets fell at the start of trading on Wednesday, largely mirroring the performance across Asia after China further devalued its currency and reported more poor data.London's benchmark FTSE 100 index dropped 0.76 percent to 6,613.86 points compared with Tuesday's close. Frankfurt's DAX 30 slid 1.26 percent to 11,151.72 points and the CAC 40 in Paris shed 0.93 percent to open at 5,051.49.Asian shares fell on Wednesday after China cut the yuan's value ...
European stocks close down on China worries, despite Greek deal LONDON: European stocks ended lower Tuesday after a surprise devaluation of the yuan battered key exporters to China such as auto and luxury goods groups, offsetting news of a technical agreement in Greece's bailout deal.A survey indicating investor sentiment in Germany fell sharply in August also darkened investor outlook.London's benchmark FTSE 100 index ended the day 1.06 percent lower at 6,664.54 points compared with Monday's close.Frankfurt's DAX 30 finished 2.68 percent down at 11,293.65 points ...


Index Closing Chg%
Arrow DJIA 16,528.03 0.69
Arrow Nasdaq 4,776.51 1.07
Arrow S&P 1,927.18 0.84
Arrow FTSE 6,247.94 0.90
Arrow DAX 10,259.46 0.38
Arrow CAC-40 4,652.95 0.47
Arrow Nikkei 18,890.48 1.28
Arrow H.Seng 21,670.58 0.27
Arrow Sensex 26,283.09 0.41

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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