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Japan bomb threat ends school early for 44,000 TOKYO: About 44,000 young children were sent home early in one Japanese city Tuesday when 101 elementary schools were closed because of a bomb threat, police and reports said.Authorities in the central city of Hamamatsu acted after a man telephoned to claim he had planted an explosive device at an elementary school in the city, a local police spokeswoman said.Pupils were sent home and police officers were dispatched to check every school in the city.Copyright AFP (Agence France-Presse), 2014

Turkish August trade deficit $8.04bn, wider than forecast ISTANBUL: Turkey's trade deficit widened to $8.04 billion in August from $7.08 billion a year earlier, official data showed on Tuesday, above a Reuters forecast of $6.75 billion. Exports rose 2.9 percent to $11.44 billion and imports rose 7 percent to $19.48 billion, the data from the Turkish Statistics Institute said. The trade deficit reached $54.17 million between January and August, it also said. Copyright Reuters, 2014

Swiss leading indicator points to lacklustre economic outlook ZURICH: Switzerland's economy should remain stable over the next few months as a sluggish global economy and weak consumption blight positive impulses from manufacturing and construction, a survey of the country's economic mood showed on Tuesday. The KOF economic barometer, which points to the performance of the Swiss economy in about six months' time, dipped to 99.1 points in September from a revised 99.6 points in the previous month. The indicator was slightly ahead of ...

Analyst raises Ukraine 2014/15 wheat export forecast by 5.3pc KIEV: Agriculture consultancy UkrAgroConsult on Tuesday increased its forecast for Ukraine's 2014/15 wheat exports to 10.0 million tonnes from a previous outlook of 9.5 million. UkrAgroConsult said in a statement that Ukraine had exported 4.4 million tonnes of wheat in the first three months of this season which runs from July to June, or around 40 percent of the volume of wheat available for exports in 2014/15. It also increase its forecast for Ukraine's wheat ...

China clears way for Apple iPhone 6 sales: regulator SHANGHAI: China has cleared the way for Apple to sell its latest iPhones in the key market by granting it a licence, the industry regulator said Tuesday, after the US giant agreed to improve the security of users' personal details.Apple launched the large-screen iPhone 6 and iPhone 6 Plus in 10 countries and regions on September 19, though not in mainland China, with state media saying problems with licensing were the main obstacle.But on Tuesday ...

China backs Hong Kong leaders against 'illegal' acts: govt BEIJING: China on Tuesday described major pro-democracy demonstrations in Hong Kong as illegal, adding that it supports the Hong Kong government's handling of the protests. "We fully believe in and support the Hong Kong SAR government to deal with this issue," foreign ministry spokeswoman Hua Chunying said at a regular briefing. Hua said that beginning Sunday "an illegal assembly" was held in Hong Kong followed by "a series of illegal activities damaging the rule of ...

German unemployment rate steady in September: official data FRANKFURT: Unemployment in Germany stagnated in September, as clouds continue to build over Europe's biggest economy, official data showed on Tuesday. The unemployment rate stood at 6.7 percent in seasonally adjusted terms in September, unchanged from August.But the number of people registered as unemployed increased by 12,000, the Federal Labour Office said in a statement.That took analysts by surprise. They had projected a decline of around 2,000. "The German economy contracted by 0.2 percent in ...


Index Closing Chg%
Arrow DJIA 17,071.22 0.25
Arrow Nasdaq 4,505.85 0.14
Arrow S&P 1,977.80 0.25
Arrow FTSE 6,646.60 0.04
Arrow DAX 9,422.91 0.71
Arrow CAC-40 4,358.07 0.83
Arrow Nikkei 16,310.64 0.50
Arrow H.Seng 23,229.21 1.90
Arrow Sensex 26,597.11 0.11

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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
WeeklySeptember 25, 2014
Reserves $13.305 bln