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European shares hit again by Chinese manufacturing data LONDON: European stocks fell on Tuesday, extending the losses of recent weeks after weak manufacturing data from China again raised concerns over the health of its economy.The pan-European FTSEurofirst 300 was down 2.1 percent at 1,401.75 points by 1044 GMT, with basic resources stocks down 3.2 percent, making them the top sectoral losers.Asian markets also fell. Activity in Chinese manufacturing contracted at its fastest pace for three years in August, an official survey showed on Tuesday, reinforcing fears of a sharper slowdown in the world's second largest economy despite a flurry of government support measures. China's official manufacturing Purchasing Managers' Index (PMI) fell to 49.7 in August, denoting contraction, after recording 50.0 in July. "The PMI was below 50, which is a psychologically important level and puts into real focus the fact that China is contracting," ETX Capital senior sales trader, Joe Rundle, said. "With the weak data coming out, ...

European stocks slide at open LONDON: Europe's stock markets sank in opening deals on Tuesday as investors fretted once again over the state of the flagging Chinese economy.In initial trade, London's benchmark FTSE 100 index of top companies shed 0.96 percent to 6,187.93 points, as British investors returned after a long holiday weekend.And in the eurozone, Frankfurt's DAX 30 fell by a hefty 1.81 percent to 10,073.74, while the Paris CAC 40 dropped 1.43 percent to 4,586.33 points.Asian equities also ...
European stocks slip as investors ponder China, US rates PARIS: Europe's main stock markets slid Monday as investors still rattled by last week's turmoil pondered China's slowing economy and potential US interest rate moves.The CAC 40 in Paris shed 0.47 percent to 4,652.95 points in mid-afternoon trading, and Frankfurt's DAX 30 gave up 0.38 percent to 10,259.46 points compared with Friday's close.London's stock exchange was closed for a national holiday.Global equities were hammered last week as risk-averse investors dumped shares amid panic that the ...
Emerging from the ashes, stocks end the week higher LONDON: Emerging markets stocks capped a turnaround from a calamitous China-driven start to the week on Friday with a second day of gains, though was not enough to save them from their worst month in three years.Investors were still on the hunt for bargains following the rout in Chinese and other key emerging economies that had sent global markets into panic on Monday.MSCI's benchmark EM stocks index was up just over 0.6 percent as a ...
European stocks rise at open LONDON: Europe's stock markets opened higher Friday following strong gains across Asia inspired by revised second quarter figures in the US indicating better economic growth than previously thought.In initial trade, London's benchmark FTSE 100 index gained 0.24 percent to 6,207.05 points.In the eurozone, Frankfurt's DAX 30 edged up 0.20 percent to 9,687.70 and the CAC 40 in Paris crept 0.12 percent higher to 4,663.98 points.European markets rebounded Thursday on comments from Federal Reserve officials throwing ...
Britain's FTSE rallies, U.S. data eases concerns over China LONDON: Britain's top share index rose on Thursday, recouping all of its losses from this week's bruising sell-off after strong U.S. data calmed global markets rocked by concerns over Chinese growth.Britain's FTSE 100 closed up 212.83 points, or 3.6 percent, at 6,192.03, shadowing gains made on Wall Street and in Chinese stocks. It was broadly in line with the pan-European FTSEurofirst 300 index, up 3.7 percent.The U.S. gross domestic product growth number easily beat expectations, ...
Paris stock market jumps over three percent PARIS: Shares in Paris jumped on Thursday, with the leading CAC 40 index up by more than three percent as markets gained ground following a chaotic week fuelled by fears of economic slowdown in China.At 0900 GMT the CAC was up 3.08 percent at 4,639 points, after losing 1.4 percent on Wednesday.Copyright AFP (Agence France-Presse), 2015 ...


Index Closing Chg%
Arrow DJIA 16,472.37 1.23
Arrow Nasdaq 4,707.77 1.74
Arrow S&P 1,951.36 1.43
Arrow FTSE 6,129.98 0.95
Arrow DAX 9,553.07 0.46
Arrow CAC-40 4,458.88 0.73
Arrow Nikkei 17,725.13 0.02
Arrow H.Seng 21,506.09 3.17
Arrow Sensex 26,220.95 0.25

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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 $-1.998 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklySeptember 21, 2015
Reserves $18.726 bln