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Australian shares rise on Wall St records, financials lead SYDNEY: Australian shares rose 0.7 percent on Thursday, underpinned by the financial sector as record overnight highs for the Dow Jones Industrial Average and the S&P 500 boosted risk appetites.Among banks, Westpac Banking Corp rallied 1.7 percent while biggest lender the Commonwealth Bank of Australia climbed 1.1 percent.The S&P/ASX 200 index added 31.4 points to 4,999.4 by 0201 GMT, after reaching an intraday high of 5,013.2. The index fell 0.2 percent on Wednesday.Miguel Audencial, sales trader at CMC Markets, said it's hard to say if the market can stay above 5,000."If there is an indication that there will be a prolonged quantitative easing in the US further than the end of the year, the market is likely to have a sustained rally," he said.US stocks climbed 1 percent on Wednesday with both the Dow and S&P 500 ending at historic highs as cyclical shares led the way higher for a ...

Yen holds gains as euro suffers on Italy uncertainty   SYDNEY: The yen held near one-month highs on Wednesday, remaining susceptible to bursts of short-covering as political uncertainty in Italy kept the euro under the gun.   Comments from Federal Reserve Chairman Ben Bernanke that eased market concerns of an early end to the Fed's bond buying programme, also somewhat cooled demand for the greenback.   The dollar was at 91.99 yen, up from a one-month low of 90.85 touched on Monday. The euro stood at 120.18, having skidded ...
NZ WELLINGTON: The local government authority for New Zealand city's biggest city Auckland said on Thursday it was putting a planned issue on hold as it looked at the implications of a court case.   Earlier this week, the Auckland Council had announced plans for the issue of up to NZ$175 million of six year, fixed rate secured bonds for infrastructure and other spending.   However, it said a court decision involving possible council liability for poorly constructed buildings raised ...
NZ WELLINGTON: New Zealand's Auckland Council said on Monday it would look to raise up to NZ$175 million ($143 million) through a bond issue to fund infrastructure.   It said it would offer six year, fixed rate secured bond, with the offer closing on Oct 12, when the interest rate would be finalised.   The rate would be the aggregate of the applicable 6-year swap rate at that time plus a margin of 1.08 per cent per annum on that ...
Soybeans firm as investors look for bargains, hover below $16 a bushel  SYDNEY: US soybeans rose on Thursday to hover below $16 a bushel, as investors looked for bargains following declines in the previous session when renewed concerns over the euro zone debt crisis and the record pace of the US harvest dragged on prices.   Corn, which hit a near three-month low on Wednesday, and wheat both climbed as well.   FUNDAMENTALS   Chicago Board Of Trade November soybeans gained 0.48 percent to $15.80-1/2 a bushel, after closing down 2.39 percent on ...
Aussie & kiwi dollars hold ground on USD, nurse losses vs yen  WELLINGTON/SYDNEY: The Australian and New Zealand dollars were holding ground on the US dollar on Tuesday, but nursed losses against the yen due to Japanese fund repatriation ahead of their half-year book-closing.   The Aussie edges up to $1.0438, from $1.0412 in early trade, having bounced from $1.0387 offshore. Key support at $1.0340, the 200-day MA and 61.8 pct of the $1.0165/$1.0625 move with resistance at $1.0564, last week's high.   The NZ dollar firm around $0.8237 after an ...
South Korea SEOUL: South Korea's Major Feedmill Group (MFG) has purchased 55,000 tonnes of soybean meal via a tender closed late on Wednesday, traders said on Thursday.   The group bought US origin soybean meal from Archer Daniels Midland for arrival by Jan. 5, 2013, at the ports of Kunsan and Pyongtaek, they said, while declining to give price information.   Copyright Reuters, 2012 ...

 



 
Index Closing Chg%
Arrow DJIA 17,042.90 0.17
Arrow Nasdaq 4,493.39 0.28
Arrow S&P 1,972.29 0.28
Arrow FTSE 6,622.72 0.36
Arrow DAX 9,474.30 0.55
Arrow CAC-40 4,416.24 1.33
Arrow Nikkei 16,173.52 0.84
Arrow H.Seng 22,932.98 1.28
Arrow Sensex 26,630.51 0.13





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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 $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklySeptember 25, 2014
Reserves $13.305 bln