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China, emerging stocks back in red; Iran deal hits Russia, Saudi LONDON: Chinese stocks fell back into the red on Tuesday after three days of gains, dragging broader emerging stocks lower while Iran's nuclear deal with world powers sent oil prices tumbling, taking a toll on Russian stocks and currency. Overall, emerging assets, including in eastern Europe fell as knee-jerk gains fueled by a deal for Greece faded and the focus shifted on a deal between Tehran and six world powers that could see more Iranian crude return to world markets.Chinese mainland stocks fell 3 percent at one stage as regulators stepped up the crackdown on unregulated, grey-market margin financing and many smaller firms resumed trading.The indexes closed around 1 percent lower. MSCI's main emerging equity index was 0.4 percent lower, coming off one-week highs while emerging currencies broadly weakened.In Asia, the Korean won plumbed two-year lows against the dollar and the Singapore dollar at five-week lows after data showed the ...

European equity rally stalls as energy stocks fall on Iran deal LONDON: European stocks edged down on Tuesday after a four-day rally, with weaker oil prices weighing on energy shares after a landmark nuclear deal on Iran which could see sanctions on its oil exports lifted.The STOXX Europe 600 Oil & Gas Index fell 0.7 percent with the broader pan-European STOXX 600 index showing a 0.3 percent decline and the FTSEurofirst 300 index retreating 0.2 percent. Oil prices fell more than $1 a barrel after the ...
European stocks weaken at open LONDON: Europe's stock markets slid at the start of trade on Tuesday, with London's benchmark FTSE 100 index down 0.12 percent to 6,730.13 points.Elsewhere, Frankfurt's DAX 30 shed 0.24 percent to 11,456.54 and the CAC 40 in Paris slipped 0.05 percent to 4,995.36 points compared with Monday's close.European equities had surged Monday on news of a long-awaited Greek bailout agreement, but the euro ran out of steam as traders saw calm on the continent boosting ...
European shares rise on Greek debt deal, led higher by banks LONDON: European shares rose on Monday after euro zone leaders reached agreement on a bailout for Greece after all-night talks in Brussels.Euro zone leaders made Greece agree to strict supervision on Monday in return for agreeing to talks on an 86 billion-euro ($94.95 billion) bailout to keep the country in the single currency.The Athens Stock Exchange has been closed since June 26, but Greek equity assets listed in the United States climbed on the news.While ...
European stocks rise on Greek deal; euro falters LONDON: European equities surged higher Monday on news of a long-awaited Greek bailout agreement, but the euro ran out of steam as traders saw calm on the continent boosting chances of a US interest rate hike.The CAC 40 in Paris jumped 1.94 percent higher to 4,998.10 points and Frankfurt's DAX 30 climbed 1.49 percent to 11,484.38 points.Milan rose 1.00 percent and Madrid gained 1.70 percent.Outside the eurozone, London's FTSE 100 index won 0.97 percent to ...
Greece deal, China share gains lift emerging markets LONDON: A bailout deal for Greece and Chinese shares' bounce to two-week highs helped lift emerging stocks by 1 percent on Monday, with the sharpest gains seen in eastern Europe. Euro zone leaders agreed on a roadmap to a possible third bailout for Greece after night-long haggling, sparking gains on equity and peripheral bond markets, even though the deal hinges on Athens enacting key reforms this week. Earlier, Asian markets firmed too as Shanghai and ...
European shares surge on Greek debt deal, led higher by banks LONDON: European shares surged on Monday after euro zone leaders reached an agreement to move forward with a bailout loan for Greece to avert bankruptcy, following all-night talks in Brussels.European Commission President Jean-Claude Juncker said there would be no Greek exit from the euro currency union, adding that he was convinced that Greek government and the Greek parliament would be able to pass all the decisions agreed at the summit. While the Greek benchmark Athens ...


Index Closing Chg%
Arrow DJIA 17,745.98 0.03
Arrow Nasdaq 5,128.79 0.33
Arrow S&P 2,108.63 0.01
Arrow FTSE 6,668.87 0.57
Arrow DAX 11,257.15 0.40
Arrow CAC-40 5,046.42 0.58
Arrow Nikkei 20,522.83 1.08
Arrow H.Seng 24,497.98 0.49
Arrow Sensex 27,705.35 0.51

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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln