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Kazakhstan can export up to 8mn tonnes grain this season NOVOCHERKASSKOYE: Kazakhstan, Central Asia's largest producer of rain, can export between 6 million and 8 million tonnes in the 2014/15 marketing year despite forecasts of a smaller grain harvest, a senior Agriculture Ministry official said on Wednesday. "We see our export potential at between 6 million and 8 million tonnes," Saktash Khasenov, the ministry's chief inspector, told reporters during a visit to the Akmola region, part of Kazakhstan's northern "grain belt". "We have a carryover of around 2.8 million tonnes of grain, and we have already threshed 1.2 million tonnes of a new harvest. So there is grain in the country," he said. Kazakhstan's grain exports rose to 8.709 million tonnes in the 2013/14 marketing year from 7.023 million tonnes in the previous season. Copyright Reuters, 2014 ...

High South African inflation edges lower: official data JOHANNESBURG: South African inflation ticked down to 6.3 percent in July, government data showed on Wednesday, easing pressure slightly on consumers.The consumer price index was 0.3 points lower than June, thanks in part to a drop in the price of food staples such as bread, cereals and meat, according to Statistics South Africa.The indicator was also good news for the South African Reserve Bank, which is trying to get inflation under control through a series ...
Mexico's Pena Nieto eyes annual growth of 5pc around 2018 MEXICO CITY: Mexico's annual economic growth rate could rise to around 5 percent by around 2018 in the wake of a series of economic reforms spanning energy to telecoms, President Enrique Pena Nieto said on Wednesday. "We forecast that in the coming years, with the reforms, in 2015, 2016, 2017, 2018, the growth of our economy will increase," Pena Nieto said. "To 3, 4 percent and around 2018 we could see annual growth of around ...
Thai 2014 economic growth may be lower than forecast BANGKOK: Thailand's economic growth may be slightly lower than previously expected this year due to delays in government spending, minutes from the central bank's last meeting showed on Wednesday. But the minutes also noted that "private investment and exports should lend greater support to growth in the following year." The monetary policy committee (MPC) voted unanimously on Aug. 6 to keep the one-day repurchase rate unchanged at 2.0 percent for a third straight meeting, saying ...
Malaysia's August 1-20 palm oil exports down 5.4pc KUALA LUMPUR: Exports of Malaysian palm oil products during August 1-20 fell 5.39 percent to 822,026 tonnes from the 868,843 tonnes shipped during July 1-20, cargo surveyor Intertek Testing Services said on Wednesday. Copyright Reuters, 2014 ...
Buenos Aires moves to pay bondholders in Argentina: Kirchner BUENOS AIRES: Buenos Aires on Tuesday moved to pay bondholders domestically after a US bank left it unable to do so, President Cristina Kirchner said."To protect the payments to bondholders who took part in the 2005 and 2010 debt swaps, we are designating the (state) Banco Nacion Trust as a replacement for Bank of New York Mellon, however the bondholders decide (to take payment), voluntarily," Kirchner said in a televised address.In July, US Judge Thomas ...
Japan trade deficit narrows on export pick-up TOKYO: Japan's trade deficit for July narrowed 6.6 percent from a year earlier, data showed Wednesday, with exports picking up on rising demand for cars and machinery.But the shortfall was still worse than market expectations, and analysts said domestic consumption -- rather than export demand -- was likely to be the key economic driver in the second half of the year.The trade figures come about a week after fresh data showed the world's number-three economy ...


Index Closing Chg%
Arrow DJIA 17,106.70 0.17
Arrow Nasdaq 4,570.64 0.29
Arrow S&P 2,000.02 0.11
Arrow FTSE 6,822.76 0.70
Arrow DAX 9,588.15 0.82
Arrow CAC-40 4,393.41 1.18
Arrow Nikkei 15,521.22 0.59
Arrow H.Seng 25,074.50 0.37
Arrow Sensex 26,442.81 0.02

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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 25, 2014
Reserves $13.925 bln