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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 and speed of U.S. rate rises next year.The prospect of more gains in the greenback has put emerging markets on the back foot, with MSCI's equity benchmark down 3 percent from three-year highs hit last week. The index fell 0.3 percent, down for the sixth straight day.On currency markets, most Asian currencies inched higher after Chinese data showing cooling inflation suggested scope for more stimulus."We have seen a little bit of pressure on emerging markets ...

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 ...
Weaker FTSE gets support from Lloyds, RBS as poll shows most Scots want union LONDON: Companies with exposure to Scotland including banks RBS and Lloyds outperformed a skittish FTSE 100 index on Thursday after a poll showed a majority of Scottish voters want to stay in the United Kingdom.The globally exposed FTSE 100 lost ground, however, as weak Chinese inflation data showed more signs of cooling growth in the world's top metals user, hitting heavyweight mining stocks.Companies with strong business ties to Scotland gained across the board after a ...
Shares, sterling gain as Scotland poll eases nerves LONDON: European shares edged up and sterling rose from multi-month lows on Thursday after a poll showing most Scots intend to vote against independence next week took the edge off concerns over the United Kingdom's future. The pan-European FTSEurofirst 300 index rose 0.2 percent.Sterling was steady at $1.6220, having recovered on Wednesday from $1.6051, its lowest since Nov. 15, after the Survation survey was released. The euro eased 0.1 percent to 79.605 pence, well below ...
Eni shares hit by report CEO probed over Nigeria deal MILAN: Shares in Italian oil and gas group Eni fell more than 1 percent on Thursday as traders cited a report in the Corriere della Sera newspaper that new CEO Claudio Descalzi was under investigation for alleged corruption in Nigeria. Eni was the worst-performing stock in Italy's FTSE MIB index, which was up 0.2 percent by 0720 GMT. ENI could not give an immediate comment. Corriere della Sera said on Thursday that Milan prosecutors had ...
European shares inch up; Lloyds, RBS rally PARIS: European shares rose early on Thursday, with Scottish-based banks Lloyds and Royal Bank of Scotland rallying after a poll showed a majority of Scots intend to vote against independence in next week's referendum. At 0750 GMT, the FTSEurofirst 300 index of top European shares was up 0.2 percent at 1,387.75 points, bouncing from a recent slide. A survey late on Wednesday showed 53 percent of Scots intend to vote against splitting away from the ...

 



 
Index Closing Chg%
Arrow DJIA 17,279.74 0.08
Arrow Nasdaq 4,579.79 0.30
Arrow S&P 2,010.40 0.05
Arrow FTSE 6,837.92 0.27
Arrow DAX 9,799.26 0.01
Arrow CAC-40 4,461.22 0.08
Arrow Nikkei 16,321.17 1.58
Arrow H.Seng 24,306.16 0.57
Arrow Sensex 27,090.42 0.08





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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