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6.9-magnitude quake hits eastern Indonesia, no tsunami alert JAKARTA: A 6.9-magnitude earthquake struck eastern Indonesian islands on Friday, according to the US Geological Survey (USGS), but no tsunami alert was issued.The undersea quake, at 48 kilometres deep, struck in the Molucca Sea between Sulawesi and the Maluku chain of islands.Copyright AFP (Agence France-Presse), 2014 ...

Hong Kong democracy activists protest outside British consulate HONG KONG: A small group of protesters gathered outside Hong Kong's British consulate on Friday to accuse the former colonial power of failing to stop China from wielding undue influence over elections and threatening freedoms guaranteed in a joint treaty.About 30 people assembled outside the building in the city's Admiralty district, some waving the yellow umbrellas that are the symbol of pro-democracy occupations that have blocked roads in key districts for nearly two months."The UK ...
Germans face caning for vandalism in Singapore SINGAPORE: Two German men were arrested in Singapore on Friday for spray-painting graffiti on a metro train in the city-state, an offence punishable by flogging with a wooden cane. Police said the unnamed pair, both 21, were extradited by neighbouring Malaysia and will be charged on Saturday for committing vandalism in a train depot and trespassing into a protected place.The graffiti was reported on November 8, the Singapore Police Force said on its Facebook page.Singapore ...
Iran refuses to give ground on key Arak reactor TEHRAN: Iran sees "no more room" for negotiations on the design of its Arak reactor, Tehran's nuclear chief said, refusing to give ground on a key issue in international negotiations."On Arak, we have said we were ready to design it so that the concerns are lifted. This matter is settled to some extent on the technical aspect and there is no more room for further negotiations," Ali Akbar Salehi was quoted Thursday by media as ...
Tokyo looks to slash $1.7bn off 2020 bill TOKYO: Tokyo is looking to slash the price tag for the 2020 Summer Olympics by $1.7 billion through scrapping or scaling back plans to build new facilities amid fears over spiralling costs.Recent estimates put the bill for the venues, including the construction of 10 new facilities, at 450 billion yen ($3.8 billion) -- three times the initial estimate -- triggering renewed belt-tightening measures and even calls to use existing venues as far away as Osaka."We ...
Thai police detain three students as 'Hunger Games' screenings axed BANGKOK: Thai police detained three university students at Bangkok cinemas on Thursday while at least two theatres in the junta-ruled nation cancelled opening screenings of "The Hunger Games".A female student was escorted out of a cinema in a high-end mall in the capital after flashing the three-finger salute from the films -- an unofficial symbol of resistance against the army's May coup -- while police detained two other students, who did not appear to be ...
Six nurses killed in latest attack on Chinese medical workers BEIJING: A man with a history of mental illness stabbed and killed seven people, six of them nurses, at a sanitorium dormitory in northern China on Thursday, state media reported.An administrator was among those killed and another nurse was seriously injured in the attack in the early hours of the morning, the official Xinhua news agency said.The sanitorium is in Beidaihe, a seaside resort close to Beijing.Copyright Reuters, 2014 ...

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Banking Review 2013

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln