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FTSE edges lower as Burberry and energy stocks slip LONDON: Britain's top equity index edged lower on Wednesday as luxury goods maker Burberry fell after reporting a sales drop, while energy stocks tracked a fall in oil prices.The blue-chip FTSE 100 index, which had risen for the last five days and touched its highest level since late June earlier in the session, was down 0.1 percent at 6,750.26 points by 1517 GMT.The UK Oil and Gas index fell 0.6 percent, tracking weaker crude oil prices, which dropped 1.5 percent on the prospect of a rise in Iranian fuel exports following an international deal on Tehran's nuclear programme.Luxury goods company Burberry fell 2.7 percent after a slowdown in its underlying first quarter retail revenue growth."We like Burberry for its good return on capital and strong like-for-like growth relative to peers but believe the near term will be challenging due to currency volatility and weakness in the important luxury markets of ...

European stocks rise before Greece vote LONDON: European stock markets and the euro rose Wednesday as Greece's parliament prepared for a key vote on its new bailout deal.London's benchmark FTSE 100 index climbed 0.11 percent to 6,761.51 points in mid-afternoon deals, as traders also reacted to Chinese economic data and news from the US about a probable interest rate hike in 2015.Frankfurt's DAX 30 gained 0.26 percent to 11,547.23 points and the CAC 40 in Paris won 0.24 percent to stand ...
Britain's FTSE 100 steady with focus on Greek bailout vote LONDON: Britain's top share index edged slightly lower on Tuesday as doubts nagged over whether the Greek parliament would approve a bailout deal. Prime Minister Alexis Tsipras faces a showdown with rebels in his own party furious at his capitulation to German demands for one of the most sweeping austerity packages ever demanded of a euro zone government. "Grexit" - a Greek exit from the euro zone - could prove costly to the overall European ...
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 ...
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 ...


Index Closing Chg%
Arrow DJIA 17,598.20 0.52
Arrow Nasdaq 5,115.38 0.25
Arrow S&P 2,098.04 0.25
Arrow FTSE 6,688.62 0.11
Arrow DAX 11,443.72 1.19
Arrow CAC-40 5,120.52 0.75
Arrow Nikkei 20,548.11 0.11
Arrow H.Seng 24,411.42 0.91
Arrow Sensex 28,187.06 0.26

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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 $-22.095 bln
Exports $23.885 bln
Imports $45.980 bln
WeeklyAugust 03, 2015
Reserves $18.536 bln