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Euro edges up from nine-year low against dollar TOKYO: The euro recovered some losses against the dollar in Asia Friday after slipping below $1.800 for the first time in more than nine years, while traders await the release of US jobs figures later in the day.In Tokyo, the single currency rose to $1.1808 from $1.1754 in New York. The last time it was below $1.800 was December 2005. It weakened to 140.89 yen Friday from 141.15 yen in US trade.The unit has taken a hammering in recent sessions as investors bet the European Central Bank will unveil a bond-buying scheme -- known as quantitative easing (QE) -- just as the US Federal Reserve considers raising interest rates."Poor economic data out of Europe continues to fuel speculation that (ECB chief Mario) Draghi will introduce some form of policy easing at the January 22 meeting," National Australia Bank said. This week saw the release of data showing consumer prices fell ...

Euro edges up from nine-year low against dollar TOKYO: The euro recovered some losses against the dollar in Asian trade after slipping below $1.800 for the first time in more than nine years, while traders await the release of US jobs figures later in the day.In Tokyo, the single currency rose to $1.1809 from $1.1795 in New York. The last time it was below $1.800 was December 2005. It also weakened to 140.97 yen Friday from 141.15 yen on Thursday.The unit has taken ...
Surprise jump in Hong Kong yuan deposits unlikely to be repeated HONG KONG: After yuan deposits in Hong Kong saw lacklustre growth for most of 2014, November brought a surprising jump.During November - the last month for which data is available - the Hong Kong-Shanghai stock connector programme got under way, and China's central bank surprised markets with the country's first interest rate hike in more than two years.Even with those developments, deposits in the world's largest offshore yuan center had their biggest rise since January, ...
Malaysian ringgit recovers a bit, rest steady as oil slide pauses  SINGAPORE: The Malaysian ringgit pulled off 5-1/2-year lows against the dollar while other Asian currencies steadied on Thursday, as a pause in sliding global oil prices and better US jobs data put a floor under emerging markets and other riskier assets.The ringgit rallied 0.4 percent, moving further away from lows of 3.585 hit on Wednesday.Under intense selling pressure over the past few weeks from concerns about the impact of tumbling oil prices on Malaysia's trade ...
Euro gets deflation jitters, dollar climbs SYDNEY/TOKYO: The euro wobbled near a nine-year low on Thursday as investors wagered the European Central Bank would have to take bolder stimulus steps to combat growing deflationary pressures in the zone.The euro fell as far as $1.1802 the previous day, putting the 2005 trough of $1.1640 in reach of speculative sellers. It has since edged back to $1.1826 in Asia.The common currency initially dipped against the yen to a fresh two-month low of 140.58. ...
China's yuan slips after central bank fixes midpoint at 1-month low  HONG KONG: China's yuan weakened on Thursday after the central bank set the daily midpoint against the US dollar at its weakest level in more than a month.The People's Bank of China set the midpoint rate at 6.1302 per dollar prior to market open, weaker than the previous fix 6.1269 and at its weakest level since Dec. 8.The spot market opened at 6.2170 per dollar and was changing hands at 6.2190 in early morning trade, ...
Euro weakens in Asia on ECB stimulus expectations TOKYO: The euro slid in Asia Thursday as falling prices in the eurozone boosted the prospect of European Central Bank (ECB) stimulus, while the Fed appears on track to hike interest rates by mid-year.The single currency slipped to $1.1825 and 141.51 yen in Tokyo against $1.1842 and 141.70 yen in New York. The euro dropped to 1.1802 at one point on Wednesday, its lowest since January 2006. "The inflation data is taking a toll on ...

 



 
Index Closing Chg%
Arrow DJIA 17,387.21 1.65
Arrow Nasdaq 4,681.50 1.89
Arrow S&P 2,029.55 1.34
Arrow FTSE 6,811.61 0.60
Arrow DAX 10,628.58 1.57
Arrow CAC-40 4,624.21 1.09
Arrow Nikkei 17,768.30 1.72
Arrow H.Seng 24,807.28 0.41
Arrow Sensex 29,571.04 1.00






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyNovember
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln