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World stocks rise as oil plumbs 13-month low LONDON: World stock markets ticked higher on Wednesday, lifted by brighter corporate results and as oil prices plumbed 13-month lows with ample supply offseting output disruption risks posed by tensions in Iraq and Libya.European shares gained ground, helped in part by forecast-beating results from bellwethers such as Swiss Life .The FTSEurofirst 300 index of top European shares was up 0.3 percent, with MSCI's world stock index up 0.2 percent.The biggest mover in currency markets was sterling, which fell 0.6 percent against the dollar to a 10-week low after the Bank of England slashed its forecast for wage growth, prompting investors to push back expectations of when interest rates would rise.U.S. stocks index futures indicated Wall Street, which eked out slight gains on Tuesday, would open higher.Recent market anxiety over the standoff between Russia and Ukraine ebbed slightly after Polish Foreign Minister Radoslaw Sikorski said late on Tuesday that the possibility ...

Britain's FTSE flat as weak US data offsets dovish BoE comments LONDON: Britain's top share index was flat on Wednesday, paring earlier gains, as a boost from a dovish message from the Bank of England was offset by some weak U.S. retail sales data.Financial markets pushed back expectations for a UK interest rate rise until the first quarter of next year at the earliest after the Bank of England, in its quarterly Inflation Report, slashed its wage growth forecasts and said this metric would be key ...
European stock markets rebound LONDON: European stock markets rebounded on Wednesday as traders brushed off poorly-received Asian economic data and focused on events closer to home.London's benchmark FTSE 100 index rose 0.15 percent to stand at 6,642.25 points in late morning deals.Investors reacted to news of a drop in British unemployment amid weak wages growth, which pushed back expectations that Bank of England interest rates would rise as earlier as this year.That in turn led to sharp falls for ...
Russian shares higher as fears of Russia invading Ukraine recede MOSCOW: Russian shares rose early on Wednesday amid reports an aid convoy Moscow is sending to eastern Ukraine would cross the border under the aegis of the Red Cross.At 0745 GMT, the dollar-denominated RTS index was up 0.4 percent at 1,203 points. Its rouble-based peer MICEX was 0.8 percent higher at 1,385 points."Market participants expect that the market can be slightly higher: there are the first signs of some demand, just because the market is ...
Stocks firmer as oil prices plumb 13-month low LONDON: World stock markets ticked higher on Wednesday as brighter corporate results offset gloomy economic news from Asia and as oil prices plumbed 13-month lows as ample supply offset disruption risks posed by tensions in Iraq and Libya.European shares gained ground, helped in part by forecast-beating results from bellwethers such as Swiss Life - whose stock jumped 3.5 percent after the open.The FTSEurofirst 300 index of top European shares was up 0.4 percent, with MSCI's ...
European shares rise early, helped by Swiss Life PARIS: European stocks gained ground in early trade on Wednesday, helped by forecast-beating results from bellwethers such as Swiss Life and Salzgitter .However, worries over the Ukrainian crisis and weak economic data from Asia limited the market's rebound from a recent sharp slide.Shares in Swiss Life rose 3.5 percent after Switzerland's largest dedicated life insurer beat expectations with a slight rise in first-half net income, buoyed by a strong performance in its home market.E.ON rose ...
G4S gains as FTSE inches higher; ex-divs, miners fall LONDON: Security group G4S was among the top risers on a slightly firmer FTSE 100 on Wednesday although progress overall was limited by miners and stocks trading without the attraction of their latest dividend.G4S advanced 1.5 percent after posting a better-than-expected rise in first-half operating profit, led by strong demand in emerging markets.G4S also said it was in detailed talks with a potential buyer for its U.S. government solutions business.Trading volume in the stock was ...

 



 
Index Closing Chg%
Arrow DJIA 16,979.13 0.35
Arrow Nasdaq 4,526.48 0.02
Arrow S&P 1,986.51 0.25
Arrow FTSE 6,755.48 0.35
Arrow DAX 9,314.57 0.21
Arrow CAC-40 4,240.79 0.32
Arrow Nikkei 15,454.45 0.03
Arrow H.Seng 25,159.76 0.15
Arrow Sensex 26,314.29 0.40





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 15, 2014
Reserves $14.264 bln