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Yen weakens in Asia as BoJ meet starts TOKYO: The yen weakened in Asia on Tuesday with a Bank of Japan (BoJ) two-day meeting in focus as investors wait to see if policymakers unveil fresh measures as part of its stimulus programme.In Tokyo afternoon trade, the dollar rose to 104.65 yen, from 104.10 yen in London late Monday. US markets were closed Monday for a public holiday. The euro also firmed to 141.74 yen from 141.19 yen, while the single currency weakened to to $1.3546 from $1.3563 ahead of a German investor sentiment survey later in the day.Investors are waiting to see if the BoJ adds to its vast asset-buying scheme launched in April and which is a cornerstone of Prime Minister Shinzo Abe's campaign to kickstart the world's third-largest economy.However, most analysts expect the bank to hold steady on new measures until it can gauge the effect of an April sales tax rise.The rate hike, seen as ...


South Korea won nearly flat on lack of events, US holiday SEOUL: The South Korean won was virtually flat on Tuesday as a lack of events gave investors few reasons to make big bids, while a market holiday in the United States on Monday added to the session's sluggish trade.The local currency was quoted at 1,063.4 against the dollar as of 0230 GMT, barely changed from Monday's closing level at 1,063.7."There are no big momentum-yielding factors in the market right now but the won is blocked ...

Dollar rises vs yen on Fed tapering view; kiwi shines SYDNEY/SINGAPORE: The dollar rose versus the yen on Tuesday, helped by renewed talk that the US Federal Reserve may announce a further reduction of its bond-buying stimulus next week, while the New Zealand dollar surged after a surprise pick-up in inflation. The US dollar advanced 0.5 percent to 104.65 yen, bringing it closer to possible resistance near 104.92 yen, an intraday high hit on Jan. 16. Traders said a story in the Wall Street Journal's ...

Yen weakens in Asia as BoJ meet starts TOKYO: The yen weakened in Asia on Tuesday with a Bank of Japan (BoJ) two-day meeting in focus as investors wait to see if policymakers unveil fresh measures as part of its stimulus programme.In Tokyo morning trade, the dollar rose to 104.58 yen, from 104.10 yen in London late Monday. US markets were closed Monday for a public holiday. The euro also firmed to 141.69 yen from 141.19 yen, while the single currency weakened to ...

British pound extends gains, supported by robust recovery LONDON: Sterling rose on Monday, underpinned by favourable interest rate differentials with investors betting that interest rates may rise sooner than previously thought on the back of a sustained British economic recovery.The pound, which has lost some ground since the start of the year, was up 0.2 percent to $1.6450, building on Friday's gains of 0.4 percent after bumper retail sales data saw it rally and pull away from a one-month low.The euro was slightly ...

Euro edges off two-month low vs dollar, ECB talk weighs LONDON: The euro recovered slightly from a two-month low against the dollar on Monday, helped by higher short-term market interest rates, although speculation the European Central Bank may step in limited its gains.After breaking through support at $1.3550 on Friday, the euro fell in Asian trading on Monday, touching its lowest since Nov. 25 at $1.35080. It later recovered some ground, and was 0.1 percent higher at $1.3550 early in London.The single currency has weakened ...

Euro edges off two-month low vs dollar, ECB talk weighs LONDON: The euro recovered slightly from a two-month low against the dollar on Monday, helped by higher short-term market interest rates, although speculation the European Central Bank may step in limited its gains.After breaking through support at $1.3550 on Friday, the euro fell in Asian trading on Monday, touching its lowest since Nov. 25 at $1.35080. It later recovered some ground, and was 0.1 percent higher at $1.3550 early in London.The single currency has weakened ...


 



 
Index Closing Chg%
Arrow DJIA 18,132.70 0.45
Arrow Nasdaq 4,963.53 0.49
Arrow S&P 2,104.50 0.30
Arrow FTSE 6,946.66 0.04
Arrow DAX 11,401.66 0.66
Arrow CAC-40 4,951.48 0.83
Arrow Nikkei 18,797.94 0.06
Arrow H.Seng 24,823.29 0.32
Arrow Sensex 29,220.12 1.65







ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyDecember
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln