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Greek uncertainty hits Europe shares, inflation lifts euro LONDON: European shares dipped on Tuesday while German bond yields rose, with investors scrabbling for clarity over whether a high-level meeting on Greece's debt crisis might herald a significant breakthrough.The euro rose nearly 1 percent against the dollar, which earlier hit a 12 1/2-year high against the yen, but traders said this was related to an above-forecast rise in euro zone inflation rather than to the Greek drama.U.S. stocks looked set to open lower, according to index futures.The leaders of Germany and France and Greece's international creditors agreed late on Monday to work with "real intensity" as they try to reach a deal that would prevent Athens from defaulting and potentially leaving the euro zone.Greek Prime Minister Tsipras said Athens had sent creditors a "comprehensive" and "realistic" package of reforms and urged Europe's leaders to accept it."The fact that five such political and financial heavyweights met about Greece means they ...

Tobacco stocks drag Britain's FTSE to three-week lows LONDON: Britain's top share index touched its lowest in more than three weeks on Tuesday, kept under pressure by a drop in tobacco stocks following a Canadian court ruling and lingering uncertainty about a Greek debt deal.British American Tobacco fell 2.2 percent, the biggest declining FTSE 100 stock, after a Canadian court awarded more than C$15 billion ($12 billion) in damages to smokers in class action cases. A BAT subsidiary was among three companies that ...
European shares decline on lingering Greek uncertainty LONDON: European shares slipped on Tuesday, as lingering uncertainty over the outcome of Greece's negotiations with creditors weighed on the region's stock markets.Greece's leftist government has put forward first proposals for pension reform, the European Union's economics chief said on Tuesday, as debt talks with international creditors reach a crunch point.Greece must repay four loans totalling 1.6 billion euros ($1.8 billion) to the International Monetary Fund this month, starting with a 300 million euro payment ...
Strong UK data boosts sterling after poor run LONDON: Sterling rose against the dollar on Tuesday after data showed British mortgage approvals jumped by the most in over six years in April, while optimism among British construction firms hit a nine-year high in May.The pound has fallen against the dollar for seven trading days in a row, its worst run in nine months, amid a flurry of weaker-than-expected data and worries about a planned referendum on Britain's EU membership.Sterling had rallied after the ...
European markets slide on Greece concerns PARIS: European markets pulled back on Tuesday as investors remained wary about progress on a deal to prevent Greece from defaulting, analysts said.In late morning trading the CAC 40 in Paris dropped 0.53 percent to 4,998.46 points and in Frankfurt the DAX 30 fell 1.06 percent to 11,436.31 points.Outside the eurozone, London's benchmark FTSE 100 index shed 1.00 percent to 6,884.05 points.The euro rose to 1.0973 from 1.0924 late in New York on Monday.European equities ...
Wolseley help European shares inch up; eyes on Greece, inflation LONDON: European shares inched higher at the open on Tuesday, keeping within their recent range as investors awaited euro zone inflation data due later in the day and developments out of Greece's negotiations with it creditors.British plumbing supplies group Wolseley led gains, rising 1.9 percent at 0704 GMT after it posted a 12.4 percent rise in quarterly revenue, helped by strong performances in all of its key regions.The leaders of Germany, France and Greece's international ...
European stocks close mixed as Greek deadline nears LONDON: European equities closed mixed on Monday as the markets wait while Greek debt crisis talks plod on, with the country facing a key debt repayment deadline this week.London's benchmark FTSE 100 index of top companies finished down 0.44 percent at 6,953.58 points.In the eurozone, the CAC 40 in Paris rose 0.35 percent to end the day at 5,025.30 points, and Frankfurt's DAX 30 gained 0.19 percent to close at 11,436.05 points."European equity markets traded ...

 



 
Index Closing Chg%
Arrow DJIA 17,730.11 0.16
Arrow Nasdaq 5,009.22 0.08
Arrow S&P 2,076.78 0.03
Arrow FTSE 6,585.78 0.67
Arrow DAX 11,058.39 0.37
Arrow CAC-40 4,808.22 0.57
Arrow Nikkei 20,539.79 0.08
Arrow H.Seng 26,064.11 0.83
Arrow Sensex 28,092.79 0.53





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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%
MonthlyMay
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 01, 2015
Reserves $18.5 bln