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China September industrial output up 8.0pc on-year: govt BEIJING: China's industrial production, which measures output at factories, workshops and mines in the world's second-largest economy, rose 8.0 percent year-on-year in September, the government announced Tuesday.Retail sales, a key indicator of consumer spending, expanded 11.6 percent in the same month, the National Bureau of Statistics said, while fixed asset investment, a measure of government spending on infrastructure, rose 16.1 percent on-year in the first nine months of the year.Copyright AFP (Agence France-Presse), 2014 ...

Portugal Jan-Aug current account surplus shrinks LISBON: Portugal posted a current account surplus of 344 million euros ($439 million) in the first eight months of 2014, a 29 percent drop from a year ago, but back from a deficit accumulated this year through July, the Bank of Portugal said on Monday.Portugal, which exited an international bailout in May, also turned out a surplus of 1.88 billion euros in the combined balance of trade in goods and services in the period, down ...
Germany risks recession, in Bundesbank's bleak outlook FRANKFURT: Germany risks coming dangerously close to recession, the central bank said on Monday in a forecast that predicted little or no economic growth in the second half of the year.In the Bundesbank's gloomy assessment, the euro zone's biggest economy will stay weak, compounding the problems of the 18-country bloc, where the economy is already slowing to a virtual halt.In its monthly bulletin, the Bundesbank predicted little improvement to Germany's recent weak performance, cautioning that ...
India's finance ministry wants to reimpose curbs on gold imports NEW DELHI: India's Finance Ministry has written to the central bank to consider reimposing some restrictions on gold imports after inbound shipments surged in the last few months, widening the trade deficit, the Economic Times reported on Monday.The central bank eased some gold import rules in May by allowing seven more private agencies to ship in the precious metal, driving a sharp jump in overseas buying despite a record import duty of 10 percent.A 450 ...
Singapore Sept core inflation rate seen unchanged vs August SINGAPORE: Singapore's annual core consumer inflation probably held steady at 2.1 percent in September, a Reuters poll showed, while all-items inflation was likely to pick up from a six-month low.The all-items consumer price index (CPI) probably rose 1.0 percent in September from a year earlier, according to a Reuters survey of 12 economists. In August, headline CPI had risen 0.9 percent from a year earlier, the lowest increase since February.Some economists said that a recent ...
China September cotton imports down 39pc on year to 122,900 tonnes BEIJING: China imported 122,900 tonnes of cotton in September, down 39 percent on the same month of last year, said the China Cotton Association, citing customs.For the first nine months of the year, Chinese imports of the fibre have dropped by 38 percent to 2 million tonnes. The world's top cotton consumer has imported less of the fibre this year as higher global prices and limited import quotas forced mills to import yarn instead.Copyright Reuters, ...
Vietnam sees faster 2015 GDP growth, 2014 targets in sight HANOI: Vietnam expects faster economic growth next year of 6.2 percent, picking up from a targeted 5.8 percent this year, Prime Minister Nguyen Tan Dung said on Monday. The Southeast Asian nation plans to keep inflation next year at 5 percent, compared with a government projection of "below 5 percent this year", Dung told the National Assembly in its opening session broadcast nationwide. After growing 5.42 percent in 2013, Vietnam's economy has been expanding faster ...


Index Closing Chg%
Arrow DJIA 16,677.90 1.32
Arrow Nasdaq 4,452.79 1.60
Arrow S&P 1,950.82 1.23
Arrow FTSE 6,419.15 0.30
Arrow DAX 9,047.31 1.20
Arrow CAC-40 4,157.68 1.28
Arrow Nikkei 15,138.96 0.37
Arrow H.Seng 23,333.18 0.30
Arrow Sensex 26,851.05 0.24

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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 23, 2014
Reserves $13.465 bln