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Miners dent Britain's FTSE on China demand fears; Next weakens LONDON: Britain's top shares dropped on Thursday as concerns over demand from China took their toll on miners, while clothing retailer Next fell after its results underwhelmed the market.But companies with exposure to Scotland, including banks RBS and Lloyds Banking Group, advanced after a new poll showed a majority of Scottish voters want to stay in the United Kingdom.Next fell 3 percent. Traders blamed profit-taking following a strong run after the company's failed to lift its full-year guidance despite reporting a 19.3 percent rise in first-half profit.Its shares have gained some 30 percent this year, in contrast with the near 1 percent advance of the FTSE as a whole.Weak Chinese inflation data, which showed more signs of cooling growth in the world's top metals user, sent heavyweight mining stocks down 0.7 percentThe FTSE 100 index closed down 30.49 points, or 0.5 percent, at 6,799.62 points.Companies with strong business ties to ...

Shares sag but sterling gains as Scotland poll eases nerves LONDON: Sterling rose off multi-month lows on Thursday as a poll showing that most Scots intend to vote against independence next week alleviated concerns over the future of the UK, but equities slipped on an unexpected rise in U.S. jobless claims.UK financial stocks with strong business ties to Scotland such as insurer Standard Life and Royal Bank of Scotland outperformed. But broader European stock markets were pegged back due to the continuing uncertainty over the ...
European shares hit session low, US data weighs LONDON: European shares hit a session low in afternoon trading on Thursday after data showed the number of Americans filing new claims for unemployment benefits unexpectedly rose last week.Initial claims for state unemployment benefits increased 11,000 to a seasonally adjusted 315,000 for the week ended Sept. 6, the highest level since late June.The FTSEurofirst 300 index of top European shared was down 0.5 percent at 1,379.30 points after falling as much as 1,389.18, the day's ...
European stocks drop as Scotland vote talk dominates LONDON: Europe's main stock markets fell on Thursday and the euro and British pound rebounded against the dollar, with the focus on the upcoming referendum on Scottish independence.In London midday deals, the FTSE 100 index of top companies dropped 0.38 percent to 6,804.25 points.Frankfurt's DAX 30 lost 0.13 percent to 9,687.53 points and in Paris the CAC 40 declined 0.30 percent to stand at 4,437.25 compared with Wednesday's close.The ruble fell to a record low ...
Assets steady from big fall; sanction threat weighs on Russia LONDON: Emerging stocks eased slightly to touch new three-week lows on Thursday and most currencies steadied from large losses earlier in the week but the prospect of new EU sanctions kept Russian markets under pressure.The dollar traded just off 14-month highs against a basket of major currencies and U.S. 10-year yields stood just off one-month peaks, following robust gains fuelled by a San Francisco Fed research paper that showed markets could be underestimating the magnitude ...
Russian share indexes shed gains as Gazprom results disappoint MOSCOW: Russian shares shed opening gains on Thursday as European Union countries continued to discuss a new sanctions package, and after gas giant Gazprom posted disappointing financial results.At 0900 GMT, the dollar-denominated RTS index was down 0.06 percent at 1,238 points, while its rouble-based peer MICEX was 0.15 percent higher at 1,471 points.The indexes had risen 0.5-0.6 percent on opening, tracking more bullish global markets, but then drifted back towards their opening levels.The EU has ...
European shares edge higher as Scotland-exposed firms gain LONDON: European shares edged higher on Thursday, with Scottish-exposed companies such as Standard Life, SSE and Royal Bank of Scotland rallying after a poll suggested voters in Scotland would reject independence in next week's referendum.The survey late on Wednesday by Survation for the Daily Record newspaper showed 53 percent support for retaining the three-centuries-old union with England, with 47 percent favouring a breakaway from the United Kingdom. The results excluded the 10 percent of respondents ...

 



 
Index Closing Chg%
Arrow DJIA 17,265.99 0.64
Arrow Nasdaq 4,593.43 0.68
Arrow S&P 2,011.36 0.49
Arrow FTSE 6,819.29 0.57
Arrow DAX 9,798.13 1.41
Arrow CAC-40 4,464.70 0.75
Arrow Nikkei 16,067.57 1.13
Arrow H.Seng 24,168.72 0.85
Arrow Sensex 27,112.21 1.81





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 18, 2014
Reserves $13.525 bln