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South Africa's trade deficit narrows to 2.91bn in September JOHANNESBURG: The shortfall on South Africa's trade account narrowed sharply to 2.91 billion rand in September from a revised 16.75 billion rand in August, as the import bill nearly matched that of exports, data from the revenue service showed on Friday. Exports in September rose by 18.2 percent to 90.79 billion rand and imports by 0.2 percent to 93.71 billion. The September data brings the cumulative deficit for the year to 73.74 billion rand, compared with a 63.07 billion rand gap over the same period in 2013.Copyright Reuters, 2014 ...

Eurozone inflation up, unemployment steady BRUSSELS: Eurozone inflation edged up to 0.4 percent from multi-year lows while unemployment was little changed, official data showed Friday, providing only limited reassurance that a modest economic recovery remains on track.Analysts said the figures were far from encouraging, with the European Central Bank likely to come under additional pressure from anxious governments to do more to get the economy moving again.Inflation in the 18-nation eurozone rose to 0.4 percent in October from 0.3 percent ...
Eurozone inflation up, unemployment steady: Eurostat BRUSSELS: Eurozone inflation has come off multi-year lows while the jobless figures are little changed, official data showed on Friday, providing only limited reassurance that a modest economic recovery remains on track.Inflation in the 18-nation eurozone rose to 0.4 percent in October from 0.3 percent in September, which was the lowest in five years, the Eurostat statistics agency said. The unemployment rate in September was 11.5 percent, unchanged compared with August.Copyright AFP (Agence France-Presse), 2014 ...
German retail sales post biggest drop for 7 years: official data BERLIN: German shoppers cut back their spending sharply in September, official data showed on Friday, adding to concern over whether consumers will help bolster growth in Europe's top economy.Retail sales posted the biggest monthly drop in September for more than seven years, the data showed.German retailers' sales, which tend to be volatile and frequently revised, slumped 3.2 percent in September compared to the figure of August, the federal statistics office Destatis said in a statement.The ...
Taiwan's economy expands 3.78pc in third quarter TAIPEI: Taiwan's economy grew a better-than-expected 3.78 percent in third quarter, boosted by corporate investment, preliminary data showed Friday.The increase in July-September beat forecasts of 3.62 percent and represents the best performance since the final three months of 2012, as demand for electronics, machinery and metals continued to grow, the Directorate General of Budget, Accounting and Statistics said.The figure shows a gradual improvement in the economy, which expanded 3.24 percent in the first three months ...
Bank of Japan expands monetary easing plan as economy slows TOKYO: The Bank of Japan ramped up its vast monetary easing programme Friday -- sending the yen plunging and stocks soaring -- in a surprise move aimed at reviving growth just as the Federal Reserve winds down its own stimulus spree.After a one-day meeting, policymakers said they would add up to 20 trillion yen ($182 billion) to the central bank's current asset-buying scheme, bringing it to 80 trillion yen annually.The decision sent the yen sinking ...
Diving in the dark for treasured coal in Myanmar YANGON: Gripping a rubber hose between his teeth that will be his lifeline, Than Hlaing takes a last gulp of relatively untainted air before plunging into the murky gloom of the fast-flowing Yangon river in Myanmar's main city.Lashed with weights to help him dive straight down, the 40-year-old peers through the heavily silted waters as he descends to the riverbed.There, he will grope in the darkness several metres (feet) below the surface for the treasure ...


Index Closing Chg%
Arrow DJIA 17,195.42 1.30
Arrow Nasdaq 4,566.14 0.37
Arrow S&P 1,994.65 0.62
Arrow FTSE 6,463.55 0.15
Arrow DAX 9,114.84 0.35
Arrow CAC-40 4,141.24 0.74
Arrow Nikkei 15,658.00 1.67
Arrow H.Seng 23,702.04 1.49
Arrow Sensex 27,346.33 0.92

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln