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Hong Kong leader indicates possible concession as student-govt talks start HONG KONG: The panel chosen to pick candidates for Hong Kong's 2017 election could be made "more democratic", the territory's leader said on Tuesday, the first indication of a possible concession to pro-democracy protesters who have blocked city streets for weeks.Leung Chun-ying was talking just hours before formal talks got under way between student protest leaders and city officials aimed at defusing the crisis in the former British colony that returned to Chinese rule in 1997."There's room for discussion there," he told reporters. "There's room to make the nominating committee more democratic."In August, Communist Party rulers in Beijing offered Hong Kong people the chance to vote for their own leader in 2017, but said only two to three candidates could run after getting majority backing from a 1,200-person nominating committee, which is widely expected to be stacked with Beijing loyalists.The protesters decry this as "fake" Chinese-style democracy and say they ...

RECORDER REPORT: KSE close of day KARACHI: Karachi Stock Exchange (KSE) 100 index closed lower on Tuesday having 29694.27 shares with a negative change of 16.85 and volume of 71,040,950 shares.High and Low were 29928.22 and 29640.34 respectively. Total volume traded in the market was 143,817,270 shares with 378 total traded companies out of which 163 were up, 199 were down and 16 were unchanged.Construction and Materials (Cement) were the top traded sector with total traded volume of 24,475,500 shares. It ...
Total says ready to deal with 'tragic event' after CEO death PARIS: Total said Tuesday the French oil giant was ready to deal with the sudden death of its CEO Christophe de Margerie, whose private jet struck a snowplough on takeoff at Moscow airport."The group is set up to ensure the proper continuity of its governance and its activities, to deal with this tragic event," Total secretary general Jean-Jacques Guilbaud told reporters at the group's headquarters in Paris.Copyright AFP (Agence France-Presse), 2014 ...
Hong Kong shares end slightly higher HONG KONG: Hong Kong shares ended marginally higher Tuesday after China released data showing its economy grew at the slowest rate since the global financial crisis.The Hang Seng Index edged up 18.32 points to 23,088.58 on turnover of HK$52.51 billion ($6.78 billion).In mainland China the benchmark Shanghai Composite Index fell 0.72 percent, or 17.07 points, to 2,339.66 on turnover of 146.8 billion yuan ($24.0 billion). The Shenzhen Composite Index, which tracks stocks on China's second ...
Lufthansa pilots extend strike to long-haul services FRANKFURT: Lufthansa pilots, on strike since Monday, extended their industrial action to include long-haul flights on Tuesday, grounding almost all inbound and outbound services at Germany's usually busy Frankfurt airport.In the ninth walkout by its pilots since April, the German airline said it has cancelled 1,511 flights over the two days of the stoppage, with some 166,000 passengers affected.Nevertheless, the situation in Frankfurt, Germany's busiest airport, was relatively calm because around 90,000 passengers had been ...
European shares dip early; Total falls after CEO dies PARIS: European shares fell in early trading on Tuesday, adding to the previous session's losses as data showing a slowdown in Chinese economic growth kept investors on edge, offsetting better-than-expected quarterly sales from Apple. Shares in oil giant Total fell 1.2 percent after its chief executive Christophe de Margerie was killed when a business jet collided with a snow plough during takeoff at Moscow's Vnukovo International Airport. At 0703 GMT, the FTSEurofirst 300 index of ...


Index Closing Chg%
Arrow DJIA 16,399.67 0.12
Arrow Nasdaq 4,316.07 1.35
Arrow S&P 1,904.01 0.91
Arrow FTSE 6,267.07 0.68
Arrow DAX 8,717.76 1.50
Arrow CAC-40 3,991.24 1.04
Arrow Nikkei 15,111.23 3.98
Arrow H.Seng 23,070.26 0.20
Arrow Sensex 26,429.85 1.23

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 20, 2014
Reserves $13.436 bln