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European stocks gain as US data disappoints LONDON: European stocks climbed Tuesday as downbeat US data on the eve of a Federal Reserve meeting was seen by investors as dimming the likelihood of an interest rate hike.Speculation is divided over whether the Federal Reserve's monetary policy committee, which meets Wednesday and Thursday, will deem the US economy strong enough to withstand the first rate hike since 2006.The policymakers' decision has been further complicated by concerns about Chinese growth and other weaknesses across the global economy. London's benchmark FTSE 100 index rose 0.87 percent to close at 6,137.60 points, putting aside official data showing British inflation fell back to zero in August.In the eurozone, Frankfurt's DAX 30 added 0.56 percent compared with Monday's close to 10,188.13 points and the CAC 40 in Paris climbed 1.13 percent to 4,569.37.Milan jumped 1.62 percent and Madrid gained 0.89 percent. In foreign exchange activity, the euro slid to $1.1267 from $1.1317 late ...

European stocks shrug off drop in German investor confidence LONDON: European stocks rose Tuesday as traders shrugged off a drop in German investor confidence, focusing instead on the week's key event -- the outlook for US interest rates.London's benchmark FTSE 100 index added 0.18 percent to stand at 6,095.66 points in afternoon deals, putting aside official data showing British inflation fell back to zero in August.In the eurozone, Frankfurt's DAX 30 rose 0.37 percent to 10,168.94 points and the CAC 40 in Paris climbed ...
European stock markets rise at open LONDON: Europe's main stock markets rose slightly at the start of trading on Tuesday following a rebound for Tokyo's main index.London's benchmark FTSE 100 index edged up 0.07 percent to 6,089.47 points compared with Monday's close.In the eurozone, Frankfurt's DAX 30 climbed 0.23 percent to 10,154.76 points and the CAC 40 in Paris grew 0.26 percent to 4,529.96.Tokyo won 0.34 percent Tuesday, closing higher for the first time in four sessions after the Bank of ...
Stocks down, currencies hold up as Fed in focus PRAGUE: Central European stocks fell on Friday after a small rally while currencies edged up or held onto recent gains as investors pulled back before the US Federal Reserve meets next week.In Serbia, the dinar was a tad stronger after falling on Thursday when the central bank cut rates for the sixth time this year to spur credit activity and growth.Some analysts said the rate cut made the dinar more volatile to external pressures, potentially ...
European stocks rebound at open LONDON: European stock markets rebounded at the open Friday after calm returned to indices in Tokyo and on Wall Street, with all eyes on next week's US interest rate decision.London's benchmark FTSE 100 index gained 0.26 percent to 6,171.85 points compared with Thursday's close.In the eurozone, Frankfurt's DAX 30 climbed 0.32 percent to 10,243.40 points and the CAC 40 in Paris won 0.48 percent to 4,618.59."Risk appetite has certainly improved this week although we're still ...
Weak growth, credit rating cuts dog emerging assets; lira at record low LONDON: Turkey's lira hit a new low on Thursday, hurt by fresh violence in the east of the country as well as a weak emerging market outlook underscored by lacklustre Chinese data and Brazil's ratings cut to junk. Emerging stocks fell almost 1 percent, snapping a two-day run of gains after data showed Chinese producer inflation declining for the 42nd month in a row, signalling deflation risks in the world's No. 2 economy. Chinese mainland ...
European stocks jump at open LONDON: European equities climbed in opening deals on Wednesday in a global rally spurred by bumper gains in Tokyo.London's benchmark FTSE 100 index leapt 1.68 percent to 6,249.02 points in initial trade.In the eurozone, Frankfurt's DAX 30 soared 2.12 percent to 10,489.29 and the Paris CAC 40 shot 2.37 percent higher to 4,707.41 points.In recent weeks, fears of Chinese economic slowdown have sent panic through world stock exchanges, as the country is a key driver ...


Index Closing Chg%
Arrow DJIA 16,472.37 1.23
Arrow Nasdaq 4,707.77 1.74
Arrow S&P 1,951.36 1.43
Arrow FTSE 6,129.98 0.95
Arrow DAX 9,553.07 0.46
Arrow CAC-40 4,458.88 0.73
Arrow Nikkei 17,725.13 0.02
Arrow H.Seng 21,506.09 3.17
Arrow Sensex 26,220.95 0.25

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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 $-1.998 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklySeptember 21, 2015
Reserves $18.726 bln