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Honda executive says will keep doing business with Takata TOKYO: Honda Motor Co will continue to do business with Takata Corp, a senior executive at Japan's third largest automaker said on Friday, even as defective Takata airbags threaten to expand a recall already affecting 5 million Honda cars in the United States.Senior Managing Officer Yoshiharu Yamamoto, also head of Honda's research and development unit, said various decisions would be made after gauging the results of the regional vehicle recalls in the United States.Yamamoto was speaking to reporters at a safety technology briefing in Tokyo.Copyright Reuters, 2014


Japan warns of increased activity at volcano near nuclear plant TOKYO: Japan warned on Friday that a volcano in southern Japan located roughly 64 km (40 miles) from a nuclear plant was showing signs of increased activity that could possibly lead to a small-scale eruption and warned people to stay away from the summit.The warning comes nearly a month after another volcano, Mt Ontake, erupted suddenly when crowded with hikers, killing 57 people in Japan's worst volcanic disaster in nearly 90 years.Ioyama, a mountain on ...

Protesters in Hong Kong to vote on government proposals HONG KONG: Pro-democracy protesters in Hong Kong say they will hold a straw poll on government proposals they had rejected earlier in the week as the campaign in the Chinese-controlled city entered the fifth week on Friday.With crowds likely to swell at the weekend, student leaders late on Thursday announced a plan for an electronic poll of protesters on reform proposals tabled by senior city government officials in talks on Tuesday that failed to break ...

Euronext chief says repositioning to finance SMEs too PARIS: The chief of Euronext said Thursday the European stock market operator is seeking to reposition its exchanges to provide financing for smaller companies as well as big firms."Creating jobs in Europe is the top priority and 80 percent of employment is created by SMEs which obtain up to 95 percent of their funding through banks," said Dominique Cerutti.In Europe, small and medium-sized enterprises or SMEs, have traditionally financed their operations and investments via bank ...

Botswana readies for crunch vote GABORONE: Botswana's political parties made their final pitches Thursday in a fiercely fought election that will test the strength of the ruling party against an invigorated opposition driven by a growing calls for change.Dubbed "Judgement Day" by local media, Friday's general election will see President Ian Khama attempt to secure a second term, following a lavish campaign anchored on the successes of his party's long history in office.Khama's Botswana Democratic Party (BDP) has governed the ...

Ebola-hit Liberia unveils strict border checks MONROVIA: President Ellen Johnson Sirleaf on Thursday announced strict checks on Liberia's borders with neighbouring Guinea and Sierra Leone, the two other countries at the epicentre of the Ebola epidemic.Liberia has been worst hit by the outbreak, with 4,665 recorded cases and 2,705 deaths, according to the World Health Organization. "We will make sure that the immigration officers protect the borders, you know we have porous borders, in so many places where you can cross ...


 



 
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Banking Review 2013


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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln