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European shares set for biggest gain since January, led by miners LONDON: Top European stocks hit a one-month high on Friday and were set for their biggest weekly gain since late January on stronger mining shares and renewed hopes of interest rates staying ultra-low for longer.The pan-European FTSEurofirst 300 index is up 4.8 percent so far this week, with investors back buying equities after a sharp sell-off in August and September, reassured by some stabilisation in commodity prices. The index was up 0.8 percent on Friday. The Bank of England on Thursday showed no sign it was close to raising rates, while minutes of the most recent Federal Reserve meeting showed it decided to wait for evidence that a global slowdown would not knock a US recovery off course. "The jury is still out whether the Fed will hike rates in December or early 2016, but this seems to be enough to lift global stocks after a horrible third quarter," Philippe ...

SE Asia Stocks: Rise in strong week after dovish Fed minutes BANGKOK: Southeast Asian stock markets rose on Friday, notching up strong gains on the week, as dovish minutes from the US Federal Reserve's September meeting further pushed up expectations of a delay in rate lift-off by the Fed.The Jakarta composite index jumped 2.2 percent, taking its gain on the week to 9.1 percent, the biggest since April 2009. The overall stock market recorded net inflows through the week worth a combined 2.3 trillion rupiah ($171.51 ...

Stocks eye biggest rally in 4 years on Fed relief LONDON: World stocks rallied on Friday, putting them on course for their biggest weekly rise in four years after minutes of the Federal Reserve's last policy meeting showed the US central bank is in no rush to raise interest rates. Investors' relief that the Fed probably won't move until some time next year saw them take on more risk across the board, with commodities in particular recovering some of their recent heavy losses to chalk ...

Nigerian at centre of Ebola scare did not have the virus: WHO GENEVA: A person who died in a suspected case of Ebola in Nigeria, triggering a scare and the quarantine of 10 others, did not have the deadly virus, World Health Organization spokesman Gregory Hartl said by email on Friday. "(The) dead person tested negative for Ebola. So this person is not going to be the source of an Ebola event," Hartl wrote. A laboratory investigation showed the dead person did not have Ebola or Lassa ...

All ready for by-polls in NA-122 LAHORE: Former Speaker and PML-N leader Sardar Ayaz Sadiq aiming to defend his seat in the constituency NA-122 by-elections will face Pakistan Tehreek-e-Insaf's Abdul Aleem Khan in public court here on Sunday. Another PML-N candidate for PP-147 Mian Mohsin Latif who also lost his seat after election tribunal's decision will face Shoaib Siddiqui, PTI candidate. The polling process will start at 9 am under the strict supervision of Pakistan Army/Rangers alongside hundreds of police personnel ...

ECP issues polling schemes for bye elections in Punjab ISLAMABAD: The Election Commission of Pakistan has issued the polling schemes of bye elections in three constituencies of Punjab including NA-122, NA-144.According to the details issued by the ECP, 284 polling stations will be established in NA-122, while 284 presiding officers and 673 assistant presiding officers will be deputed to hold the by-election.The total number of the registered voters in NA-122 is around 347,000 and out of them the strength of the male voters in ...


Index Closing Chg%
Arrow DJIA 17,084.49 0.20
Arrow Nasdaq 4,830.47 0.41
Arrow S&P 2,014.89 0.07
Arrow FTSE 6,416.16 0.65
Arrow DAX 10,096.60 1.04
Arrow CAC-40 4,701.39 0.54
Arrow Nikkei 18,438.67 1.64
Arrow H.Seng 22,458.80 0.46
Arrow Sensex 27,079.51 0.87

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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-1.988 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklyOctober 08, 2015
Reserves $20.05 bln