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SE Asia Stocks: Mostly down on Ukraine crisis, weaker US equities HANOI: Regional market struggled on Monday morning in thin trade after a dismal week on Wall Street and tension in Ukraine spreading across Asia.Asian shares wavered in choppy trade after an uninspiring performance on Wall Street and amid increasing tension in Ukraine.Most Southeast Asian shares fell, with Jakarta SE Composite Index dropping 1.03 percent to a two-week low.Auto and truck manufacturer Astra International Tbk PT led the losses, with shares falling 2.86 percent, followed by telecom firm Perusahaan Perseroan Telekomunikasi Indonesia Tbk PT with a 1.06 percent decrease.Thai shares bucked the trend to edge up 0.56 percent, bouncing back from their biggest drop in six weeks hit in the previous session due to concerns political violence. .Construction material company Siam Cement Pcl advanced 1.85 percent, and Kasikornbank Pcl climbed 2.14 percent.Foreign investors returned to net buying position on Friday, but analysts said it was short-term speculative trading and expected Thai ...

Obama lands in Philippines as defence pact signed MANILA: President Barack Obama landed in the Philippines Monday to cement new defence ties on the last leg of an Asian tour conducted against a backdrop of territorial tensions between US allies and China.Obama flew into Manila from Malaysia, hours after the allies signed a new defence agreement allowing more US troops and defence hardware to rotate through the Philippines, part of a US rebalancing of military power towards rising Asia. Obama was also preoccupied ...

Won leads Asia FX gains as yuan rebounds; Fed in focus SINGAPORE: The South Korean won led gains among emerging Asian currencies on Monday, helped by a rebound in the yuan and while investors were cautious ahead of major events including a Federal Reserve policy meeting.The won and the Taiwan dollar rose on exporters' month-end demands and some foreign investor bids.Thailand's baht gained along with firmer stocks, but some traders booked profits as factory output in March fell more than expected amid ongoing political tension.That came ...

RECORDER REPORT: KSE morning update KARACHI: On Monday morning KSE-100 Index was at 28856.60 with a positive change of 6.52 and volume of 38,621,600 shares.High and Low were 28926.95 and 28773.78 respectively. Total volume traded in the market was 55,945,100 shares with 214 total traded companies out of which 119 were up, 85 were down and 10 were unchanged.Construction and Materials (Cement) was the top traded sector with total traded volume of 15,976,100 shares. It was followed by Financial Services ...

At least 10 killed in US tornadoes WASHINGTON: Powerful tornadoes tearing across the southern and south-western United States have killed at least 10 people, emergency officials in the states of Arkansas and Oklahoma reported late Sunday.The Arkansas Department of Emergency Management reported eight storm-related fatalities, while an official with the Oklahoma Emergency Management Agency said there were at least two tornado victims in their state.Copyright AFP (Agence France-Presse), 2014

'Highly unlikely' surface wreckage of MH370 will be found: Australia PM SYDNEY: Australian Prime Minister Tony Abbott on Monday admitted it was "highly unlikely" that any surface wreckage will be found from Flight MH370 as he announced a more intensive underwater search."I am now required to say to you that it is highly unlikely at this stage that we will find any aircraft debris on the ocean surface," he said following the disappearance of the Malaysian Airlines plane on March 8.Copyright AFP (Agence France-Presse), 2014


Index Closing Chg%
Arrow DJIA 18,232.02 0.29
Arrow Nasdaq 5,089.36 0.03
Arrow S&P 2,126.06 0.22
Arrow FTSE 7,031.72 0.05
Arrow DAX 11,815.01 0.42
Arrow CAC-40 5,142.89 0.07
Arrow Nikkei 20,264.41 0.30
Arrow H.Seng 27,992.83 1.70
Arrow Sensex 27,957.50 0.53

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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyMay 21, 2015
Reserves $17.75 bln