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European stocks climb awaiting Greek debt call LONDON: European stock markets rose Monday amid ongoing Greek worries, but traders remained hopeful of a positive outcome in Greek debt talks.London's benchmark FTSE 100 advanced 0.69 percent to 7,119.62 points in mid-afternoon trading, while Frankfurt's DAX 30 index added 1.75 percent to 12,017.62 points and in Paris the CAC 40 was up 1.36 percent at 5,272.14.Athens' main market rose 3.50 percent, Madrid gained 1.04 percent and Milan won 1.07 percent.In foreign exchange activity, the euro slipped to $1.0857 from $1.0873 late in New York on Friday."The markets have started the week on nervous footing as Greece's looming deadline and the reality that it is not in a position to meet its commitments dawns on the investment community," said IG analyst Alistair McCaig.Greece was set to resume negotiations Monday on a deal needed to unlock 7.2 billion euros ($7.8 billion) in remaining EU-International Monetary Fund bailout money.Athens will recommence talks ...


IS says two men stoned to death for adultery in Iraq BAGHDAD: The Islamic State militant group said it has stoned two men to death for adultery in the northern Iraqi province of Nineveh, according to a series of photos posted online.One man is shown kneeling blindfolded in front of a group of men who hurl large stones at him until he is lying face down on the ground, blood running from his head.A second man is then killed in the same way, as a crowd ...

US stocks extend record-setting rally NEW YORK: US stocks rose in early trade Monday, extending last week's record-setting rally at the start of a busy week that features Apple earnings and a Federal Reserve policy meeting.Half an hour into trade, the tech-rich Nasdaq Composite Index rose 26.03 points (0.51 percent) to 5,118.12, after setting a fresh record for a second day Friday.The Standard & Poor's 500 index advanced 7.64 (0.36 percent) to 2,125.33. The broad-market index squeaked into record territory ...

KP rain detah toll rises to 45 as relief activities continue PESHAWAR: Relief activities Monday continued in affected areas of Khyber Pakthunkhwa as Provincial Minister for Information and Higher Education Mustaq Ahmed Ghani confirmed death toll in rain related incidents as 45 with about 200 injured. Addressing a press conference here, the minister said heavy torrential rain along with storm hit Peshawar, Charsadda and Nowshera districts of the Peshawar valley Sunday where thirtyone, nine and five people were killed respectively. He said 36 injured were still ...

President urges diplomats to master contemporary skills of diplomacy ISLAMABAD: President Mamnoon Hussain on Monday said the field of diplomacy had become more complex with changing times and called upon the country's diplomats to abreast themselves with contemporary skills to effectively deal with challenges.Addressing the graduation ceremony of 34th Special Diplomatic Course here at the Foreign Service Academy, the President said the nation expected from the foreign service officers to do their best for the country's progress and development.President Mamnoon congratulated the young graduates ...

10 percent schools be dedicated for vocational education: Baligh QUETTA: Federal Minister of State for Federal Education, Eng. Muhammad Baligh-ur-Rehman has underlined the need to dedicate 10 percent secondary schools for vocational education across the country. He said this while speaking at 5th Inter-Provincial Education Ministers Conference, here on Monday. He said, "During my visit to Germany, I was informed that about 30 percent German students were getting vocational and technical education in comparison with Pakistan where only one percent students are enrolled for ...


 



 
Index Closing Chg%
Arrow DJIA 18,037.97 0.23
Arrow Nasdaq 5,060.25 0.63
Arrow S&P 2,108.92 0.41
Arrow FTSE 7,103.98 0.47
Arrow DAX 12,039.16 1.93
Arrow CAC-40 5,268.91 1.30
Arrow Nikkei 19,983.32 0.18
Arrow H.Seng 28,433.59 1.33
Arrow Sensex 27,176.99 0.95





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMarch
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyApril 16, 2015
Reserves $16.818 bln