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Euro, bond yields tumble as ECB hints at faster pre-summer buying LONDON: The euro tumbled on Tuesday and the region's stocks and bonds jumped after the European Central Bank signalled it would speed up its 1 trillion euro bond-buying programme for the next two months ahead of an expected summer lull.World stocks were already testing all-time highs after another jump in Chinese stocks and a record close on Wall Street, and European markets shot up after top ECB policymaker Benoit Coeure talked of adjusting the bank's buying programme.He said that the speed of the recent spike in bond yields, which has effectively wiped out the benefits of QE, was worrisome and that the ECB could "moderately" increase its buying in May and June, and possibly in September, to ensure it doesn't fall behind on its target over summer.That pushed the euro back below $1.12 for the first time in a week and the FTSEurofirst 300 jumped 1.2 percent as gains of ...

Britain's FTSE gains, Land Securities up after dividend hike LONDON: Britain's top share index rose on Tuesday, with Land Securities leading the market higher after raising its dividend payout, despite a drop in heavily weighted miners and telecoms firm Vodafone.The blue-chip FTSE 100 index was up 26.20 points, or 0.4 percent at 6,995.07 points by 1034 GMT. The index has gained nearly 7 percent so far this year.Shares in Land Securities rose 2.4 percent, one of the biggest FTSE 100 gains, after Britain's largest ...
European shares return near multi-year highs LONDON: European shares rose back to near multi-year highs on Tuesday after a European Central Bank (ECB) policymaker said the ECB would front-load an asset purchase scheme, aimed at boosting growth in the region.The comments led the euro to trade below $1.12 for the first time in a week, juicing investor appetite for stocks - especially in the exporter-heavy German DAX index. Euro weakness in the first three months of the year added 17 billion ...
European stocks advance at open LONDON: European stock markets rose at the start of trading on Tuesday, with London's benchmark FTSE 100 index up 0.24 percent at 6,985.27 points.Elsewhere, the CAC 40 in Paris gained 0.56 percent to 5,040.45 points and Frankfurt's DAX 30 won 0.99 percent to 11,709.87 compared with Monday's close.Copyright AFP (Agence France-Presse), 2015 ...
European shares steady on Greek rebound; DAX jumps LONDON: European shares rose on Monday as investors grew more optimistic over a deal over Greek debt, although energy earnings and looming share sales in the banking sector weighed on investor appetite. The pan-European FTSEurofirst 300 index closed up 0.4 percent at 1,579.92 points, with the German DAX index up 1.3 percent. A recent rollercoaster sell-off in the bond market has taken some of the wind out of European stock-market sails, with top shares down ...
European stocks slide on Greek debt fears LONDON: Europe's main stock markets mostly slid Monday as the banking sector took a hit from concerns over Greece's unresolved crisis, dealers said.London's benchmark FTSE 100 index of top companies shed 0.15 percent to 6,950.12 points in afternoon deals while in Paris, the CAC 40 index fell 0.32 percent to 4,978.04 points.Frankfurt's DAX 30 bucked the trend, rising 0.57 percent to 11,512.33 points compared with the close on Friday.Athens stocks shed 1.84 percent, while Milan ...
Europe shares steady on Greek rebound, Germany outperforms LONDON: European shares steadied on Monday as investors grew more optmistic over a deal over Greek debt, although energy earnings and looming share sales in the banking sector weighed on investor appetite.The pan-European FTSEurofirst 300 index was up 0.2 percent at 1,575.95 points by 1435 GMT, although most national benchmark indexes were in negative territory.A recent rollercoaster sell-off in the bond market has taken some of the wind out of European stock-market sails, with top ...

 



 
Index Closing Chg%
Arrow DJIA 18,126.12 0.20
Arrow Nasdaq 5,097.98 0.17
Arrow S&P 2,120.79 0.13
Arrow FTSE 7,040.92 1.11
Arrow DAX 11,677.57 0.79
Arrow CAC-40 5,137.83 0.86
Arrow Nikkei 20,551.46 0.39
Arrow H.Seng 27,454.31 2.23
Arrow Sensex 27,506.71 0.21





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyApril
Trade Balance $-1.795 bln
Exports $1.995 bln
Imports $3.790 bln
WeeklyMay 28, 2015
Reserves $17.494 bln