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Euro weakens in Asia after Draghi comments TOKYO: The euro extended its losses in Asia on Friday after the head of the European Central Bank (ECB) signalled he was ready to aggressively loosen monetary policy as the eurozone faces the threat of deflation.The single currency dipped to 142.46 yen in Tokyo from 142.61 yen in New York Thursday, while it weakened to $1.3711 from $1.3717. It is also well down from the 143.02 yen and $1.3763 seen earlier Thursday in Asia.The dollar was nearly flat at 103.90 yen from 103.94 yen in US trade.In a news conference after the ECB held rates at a record low and stood pat on other easing measures, its president Mario Draghi vowed to "act swiftly" if needed to keep falling prices at bay."We do not exclude further monetary easing," he said. "We will monitor developments very closely and will consider all instruments available to us."We are resolute in our determination to ...

Euro mixed in Asia ahead of ECB meet TOKYO: The euro was mixed in Asia Thursday as investors turn their attention to a European Central Bank (ECB) policy meeting later in the day, after worrying inflation data had sparked speculation of a rate cut.The single currency edged up to 143.01 yen from 142.96 yen in New York Wednesday, while it weakened to $1.3757 from $1.3765.The dollar gained on the Japanese unit to 103.94 yen, from 103.85 yen in US trade.There was speculation a ...
Dollar up in Asia on manufacturing data TOKYO: The dollar extended its gains against the yen in Asia Wednesday after upbeat manufacturing data from the United States and Europe boosted sentiment ahead of key US jobs figures this week.In Tokyo afternoon trading, the greenback fetched 103.76 yen, up from 103.66 yen in New York Tuesday."If the (jobs data on Friday) beat the market forecast, the dollar may start rising toward 105 yen," said Masafumi Yamamoto, chief strategist at Praevidentia Strategy.The euro rose ...
Risk appetite supports Asia FX; stock inflows lift won, Taiwan dollar SINGAPORE: Most emerging Asian currencies extended gains on Wednesday as risk sentiment improved with strong US economic data and sustained hopes of stimulus steps from China, while the yuan rose after the central bank fixed its daily midpoint stronger.The South Korean won hit a near three-month high as foreign investors continued to buy local shares. The Taiwan dollar gained on stock inflows.Asian stocks advanced to a fresh four-month high after US manufacturing activity expanded in ...
Yen extends slide as equities rally, euro firms before ECB SYDNEY/TOKYO: The yen found little reprieve on Wednesday and hit a 10-week low against the dollar, as risk appetite stayed buoyant and investors continued to bet on more stimulus from China. The dollar bought 103.84 yen, after hitting a peak of 103.935 yen as improving appetite for risk sent US stocks to a record closing high and fuelled a 1.4 percent surge in Tokyo's Nikkei. A rise in US Treasury yields prompted by the Wall ...
China's central bank guides yuan up again, may be sending stability signal SHANGHAI: China's yuan edged up against the dollar on Wednesday for the second day after the central bank again fixed a slightly higher official midpoint, a move that traders said may be sending the first signal that Beijing wants to keep the yuan stable for now.The People's Bank of China (PBOC) engineered a steep yuan depreciation in February and March, making use of the country's traditionally weak foreign trade in the first quarter of the ...
Dollar steady in Asia ahead of jobs data TOKYO: The dollar held steady in Asia Tuesday as investors await the release of US jobs data later in the week, while they largely ignored a Bank of Japan survey that showed business confidence at a more than six-year high.In afternoon Tokyo trade, the dollar crept up to 103.26 yen from 103.22 yen in New York on Monday.The euro bought $1.3776 and 142.25 yen, compared with $1.3772 and 142.15 yen.The BoJ Tankan survey for January-March ...

 



 
Index Closing Chg%
Arrow DJIA 16,262.56 0.55
Arrow Nasdaq 4,034.16 0.29
Arrow S&P 1,842.98 0.68
Arrow FTSE 6,541.61 0.64
Arrow DAX 9,173.71 1.77
Arrow CAC-40 4,345.35 0.83
Arrow Nikkei 13,996.81 0.62
Arrow H.Seng 22,671.26 1.60
Arrow Sensex 22,484.93 0.64





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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln