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European shares propped up by progress in Paris LONDON: A rise in the Paris market, after strong French economic data, pushed European shares higher on Wednesday and enabled the region's equity indexes to stabilise from the effects of a bond market sell-off this week. France posted its fastest economic growth rate in two years in the first three months of 2015, although Germany slowed from its robust pace late last year, official data showed on Wednesday. The benchmark Paris CAC-40 index rose 1.1 percent, outperforming Germany's DAX and the pan-European FTSEurofirst 300 index, which both advanced by 0.3 percent. The euro zone's blue-chip Euro STOXX 50 index rose 0.7 percent. European stock markets slumped on Tuesday as a global bond market sell-off unnerved investors. However, the situation in the bond markets was more steady on Wednesday and the solid economic data from France also reassured equity investors. "It did not feel like a full-scale panic earlier this week, ...

European stocks advance at open LONDON: European stock markets climbed at the start of trading on Wednesday, with London's benchmark FTSE 100 index up 0.29 percent at 6,953.85 points.Elsewhere in initial trade, Frankfurt's DAX 30 added 0.53 percent to 11,532.97 points, and the CAC 40 in Paris won 0.43 percent to 4,996.19 compared with Tuesday's close.Copyright AFP (Agence France-Presse), 2015 ...
European stocks fall on Greece euro exit fears LONDON: Europe's main stock markets slumped on Tuesday, as Greece warned that it could run out of cash in two weeks with debt repayments looming, raising fears about its eurozone future.London's benchmark FTSE 100 index slumped 1.37 percent to 6,933.80 points, while the CAC 40 in Paris fell 1.06 percent to 4,974.65 points.The DAX 30 in Frankfurt meanwhile slid 1.72 percent to 11,472.41 points compared with Monday's close."European equities are trading sharply lower... extending yesterday's ...
European shares fall as bond market sell-off rattles investors LONDON: European shares fell sharply on Tuesday as a sell-off in global bond markets led investors to trim their exposure to risk.The pan-European FTSEurofirst 300 index closed down 1.3 percent at 1,574.61 points and Germany's DAX ended the day down 1.7 percent."Bond-like equities, or high-yielding bond proxies such as consumer staples, are already looking quite expensive, and this sort of bond-market reaction is not helpful for them," said Victoria Leggett, portfolio manager at Union Bancaire ...
EasyJet slumps as bond market sell-off hits Britain's FTSE LONDON: Britain's top share index slid lower on Tuesday, weighed down by airline easyJet as a global bond sell-off hit markets and ensured that optimism after a decisive British election was short-lived.The blue-chip FTSE 100 index fell 1.4 percent to 6,933.80 points. The FTSE hit a record high of 7,122.74 points last month and remains up around 6 percent since the start of 2015, having risen sharply at the end of last week after the ...
EasyJet shares dive on profit-warning LONDON: EasyJet shares slumped on Tuesday as the budget carrier said a strike by French air traffic controllers last month would slash profits.It comes after the British airline said it had managed an unlikely profit during its first half, a period when carriers normally report losses, thanks to lower fuel costs and a stronger pound.But EasyJet shares tumbled almost 8.0 percent in morning deals in London after it said that April's strike action by French ...
European stocks sink as Greece weighs on sentiment LONDON: Europe's stock markets lost ground on Monday as Greece failed to make progress in talks with its eurozone partners and concerns mounted about the potential for a default.Nevertheless shortly before markets closed news that Greece had transferred a payment of 750 million euros ($836 million) due to the IMF by Tuesday helped reassure investors.London's benchmark FTSE 100 index slid 0.24 percent to end the day at 7,029,85 points.The CAC 40 in Paris fell 1.23 ...


Index Closing Chg%
Arrow DJIA 18,010.68 0.64
Arrow Nasdaq 5,070.03 0.55
Arrow S&P 2,107.39 0.63
Arrow FTSE 6,984.43 0.80
Arrow DAX 11,413.82 2.26
Arrow CAC-40 5,007.89 2.53
Arrow Nikkei 20,563.15 0.06
Arrow H.Seng 27,424.19 0.11
Arrow Sensex 27,828.44 1.17

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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.795 bln
Exports $1.995 bln
Imports $3.790 bln
WeeklyMay 28, 2015
Reserves $17.494 bln