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Australia to send extra 300 troops to Iraq SYDNEY: Australia announced on Tuesday it will send another 300 troops to Iraq in a joint mission with New Zealand to help train local forces fighting the Islamic State group. The decision follows Wellington last week deciding to deploy some 140 soldiers on a non-combat mission to boost the Iraqi military's ability to fight the militants.Prime Minister Tony Abbott said the decision followed a formal request from the Iraqi and US governments."I want to stress that we haven't taken this decision lightly. Ultimately, it is Iraq that must defeat the death cult (Islamic State) but we do not want to leave the Iraqis on their own," he told reporters in Canberra. "We are naturally reluctant as a peace-loving people to reach out to far-away conflicts but, as we know, this conflict has been reaching out to us for months now."Some 170 Australian special forces are already in Iraq helping to ...

Tokyo stocks fall 0.21pc by break TOKYO: Tokyo stocks slipped 0.21 percent on profit-taking Tuesday morning as Sharp tumbled in response to a report that the embattled electronics maker is seeking aid from its lenders and may close some money-losing units.The Nikkei 225 index at the Tokyo Stock Exchange fell 40.20 points to 18,786.68 by the break, while the Topix index of all first-section issues also dropped 0.21 percent, or 3.13 points, to 1,521.84.The benchmark index opened 0.44 percent higher on ...

Obama says Netanyahu wrong before on Iran WASHINGTON: US President Barack Obama faced down criticism from Israel's prime minister over talks with Tehran on Monday, insisting a minimum ten-year deal offers the best hope of avoiding a nuclear-armed Iran.With Netanyahu in Washington to lobby against an agreement and crunch US-Iran talks underway in Switzerland, Obama said Netanyahu had been wrong about talks in the past.Obama told Reuters if "Iran is willing to agree to double-digit years of keeping their program where it ...

Facebook fends off telecom firms' complaints    BARCELONA: Facebook founder Mark Zuckerberg on Monday fended off complaints that the hugely popular social network was getting a free ride out of telecom operators who host its service on smartphones.Zuckerberg, 30, confronted tensions between Internet giants such as Facebook and Google and telecom firms present at the Mobile World Congress, the world's biggest wireless phone fair, in Barcelona.Executives have complained that some Internet services' smartphone applications generate revenue while it is the telephone companies ...

Yahoo marks 20 years with yodels, reminiscences SAN FRANCISCO: Yahoo celebrated its 20th anniversary Monday with a look back at its history and an eye to the future of the Internet pioneer in the midst of a transformation effort.On its home page, Yahoo displayed an animated birthday cake as part of its logo, and the company launched a series of events marking its trademark "Yahoo yodel."On the Nasdaq stock exchange in New York, the opening bell was transformed into a yodel and ...

Kerry presses Russia's Lavrov on Ukraine ceasefire deal GENEVA: US Secretary of State John Kerry told Russian Foreign Minister Sergei Lavrov on Monday that Moscow and pro-Russian separatists in Ukraine must implement a ceasefire or face "consequences" that could further hit Russia's faltering economy.Kerry said the ceasefire must be respected in all "key strategic areas" including the town of Debaltseve and outside the Sea of Azov port of Mariupol."If that does not happen, if there continue to be these broad swathes of non-compliance ...


Index Closing Chg%
Arrow DJIA 18,288.63 0.86
Arrow Nasdaq 5,008.10 0.90
Arrow S&P 2,117.39 0.61
Arrow FTSE 6,940.64 0.09
Arrow DAX 11,410.36 0.08
Arrow CAC-40 4,917.32 0.69
Arrow Nikkei 18,826.88 0.15
Arrow H.Seng 24,887.44 0.15
Arrow Sensex 29,459.14 0.33

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln