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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 fell after high-level talks in Berlin between German Chancellor Angela Merkel, French President Francois Hollande, ECB chief Mario Draghi, European Commission President Jean-Claude Juncker and IMF chief Christine Lagarde late Monday on the Greek crisis apparently failed to result in a compromise between Athens and its creditors.According to German daily Die Welt the aim was to come up with "a final proposal" to present to Athens, but Merkel's office said after the meeting only that ...

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 ...
Britain's FTSE falls, with oil and gas stocks a drag LONDON: Britain's top equity index stalled on Monday after disappointing domestic economic data pointed to a weak manufacturing outlook, with oil and gas stocks among the biggest fallers.Energy stocks shaved more than 10 points off the blue-chip FTSE 100 index, with crude oil prices weak on expectations that OPEC production would remain high, pointing to the potential for oversupply despite declining US rig operations."OPEC is unlikely to cut production in our view. Lack of cohesion ...
China recovery helps shares; eyes on Greece LONDON: European shares rose on Monday, helped by an almost five percent rally in Chinese stock markets and rumours of progress in Greece's debt talks that halted sales of the euro.U.S. stocks, which have stalled since hitting highs in mid-May, were set to open 0.3-0.5 percent higher.An at times dramatic sell-off over the past week in Shanghai, where stocks are still up almost 50 percent this year, has again focused global attention on financial risks ...
European shares steady, weaker commodity stocks offset pharma rally LONDON: European shares held steady at the start of the month on Monday, with a rally in some drug stocks on the back of positive company updates offset by lingering concerns over Greece's debt situation and weaker commodity stocks.Drugmakers Roche and AstraZeneca, up 2.2 percent and 1 percent respectively, supported the healthcare sector after each published a positive update on one of their anti-cancer drugs.But Greece missed a self-imposed Sunday deadline for reaching an agreement ...
Britain's FTSE edges lower, hinder by manufacturing surveys LONDON: Britain's top equity index stalled after disappointing domestic and international economic data pointed to a weak manufacturing outlook.Britain's FTSE 100 turned negative following a positive open, after the closely watched PMI manufacturing survey missed expectations, even as activity in Britain edged off of a seven-year low.While there was strong domestic demand, the survey found that it was largely offset by weak exports.Concerns over global growth were heightened by data from China which showed that ...


Index Closing Chg%
Arrow DJIA 17,683.58 0.26
Arrow Nasdaq 4,991.94 0.34
Arrow S&P 2,068.76 0.39
Arrow FTSE 6,535.68 0.76
Arrow DAX 10,890.63 1.52
Arrow CAC-40 4,711.54 2.01
Arrow Nikkei 20,112.12 2.08
Arrow H.Seng 25,236.28 3.18
Arrow Sensex 28,208.76 0.41

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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 $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 06, 2015
Reserves $18.201 bln