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Poland's PKO Q2 net profit rises 14pc WARSAW: Poland's largest lender PKO BP reported a 14-percent rise in second-quarter net profit, broadly in line with market forecasts, thanks to an acquisition of its rival, it said on Monday. PKO said its net profit stood at 1.658 billion zlotys ($517.48 million) in the first half of the year. According to Reuters calculations, bank's net profit in the second quarter amounted to 856 million zlotys compared to 847 million seen in Reuters poll. Copyright Reuters, 2014 ...

Indonesia trade picture brightens after Ramadan slump JAKARTA: Indonesia posted a slim trade surplus in July, bouncing back from a deficit the previous month caused by increased imports before the Islamic holy month of Ramadan and the Eid holiday, data showed Monday.Meanwhile inflation eased further to 3.99 percent year-on-year in August from 4.53 percent in July, continuing a downward trend after a big rise in fuel prices sparked a surge last year.The trade surplus came in at $125 million, compared to a ...
Australia inflation gauge at 7 month low in August SYDNEY: A private gauge of Australian price pressures showed consumer price inflation at its lowest in seven months in August, a welcome sign of moderation after higher readings in the second quarter.The TD Securities-Melbourne Institute's monthly measure of consumer prices was unchanged in August, following a 0.2 percent rise in July. As a result the annual pace of inflation slowed to 2.5 percent, compared to 2.6 percent in July and a top of 3.0 percent ...
South Korea exports fall 0.1pc in August SEOUL: South Korea's exports fell 0.1 percent in August from a year ago due to strikes at major auto plants, state data showed Monday. Exports for August amounted to $46.3 billion while imports rose 3.1 percent to $42.9 billion, leaving a trade surplus of $3.4 billion, the trade ministry said.It marks the 31st consecutive month that South Korea -- Asia's fourth-largest economy -- has posted a trade surplus. Overseas shipments of most key export items ...
China house price falls slow in August BEIJING: China's home prices fell at a slower rate in August than the previous month, an independent survey showed Monday, as more local governments loosened purchasing restrictions to prop up sales.The average price of a new home in 100 major cities was 10,771 yuan ($1,752) per square metre last month, down 0.59 percent from July, the China Index Academy (CIA) said in a statement.It was the fourth month-on-month decline in a row, but the rate ...
Mugabe says 'friendly' China vows to help Zimbabwe economy HARARE: Zimbabwean President Robert Mugabe, returning from a state visit to China, said Sunday Beijing had pledged to assist his southern African country's ailing economy "to the best of its ability".China will "continue to be as friendly to us as it was before. The support we have asked for in the various areas, China will provide to the best of its ability," Mugabe said in comments carried on Zimbabwe Broadcasting Corporation (ZBC) television after his ...
Dubai's Emaar to launch long-awaited malls unit IPO in Sept DUBAI: Emaar Properties will launch its highly anticipated initial public offer of at least 15 percent of its shopping malls and retailing unit on Dubai's main stock market in September, and plans to list the shares in October.The offer would be one of the largest equity sales in the Middle East since 2008, underlining Dubai's recovery from a credit crisis that forced many state-linked developers to stall projects, and some - though not Emaar - ...


Index Closing Chg%
Arrow DJIA 17,098.45 0.11
Arrow Nasdaq 4,580.27 0.50
Arrow S&P 2,003.37 0.33
Arrow FTSE 6,825.31 0.08
Arrow DAX 9,479.03 0.09
Arrow CAC-40 4,379.73 0.03
Arrow Nikkei 15,476.60 0.34
Arrow H.Seng 24,752.09 0.04
Arrow Sensex 26,867.55 0.86

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln