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Hong Kong shares close up 0.47%

Hong Kong shares finished 0.47 percent up Friday, in line with a rise on the Shanghai stock market and after impressive gains on the Tokyo bourse fuelled by the dollar's surge past the 100-yen mark. The benchmark Hang Seng Index added 109.74 points to end at 23,321.22 on turnover of HK$55.55 billion ($7.26 billion). Earlier in the day, Tokyo stocks jumped 2.03 percent to their highest level in over five years after the dollar surged above the 100 yen mark for the first time since April 2009.

Hong Kong shares end 0.98% higher

Hong Kong shares rose 0.98 percent Thursday, a second straight healthy advance on receding fears that China will introduce fresh measures to tighten monetary policy. The benchmark Hang Seng Index added 218.19 points to end at 22,401.24 on turnover of HK$62.80 billion ($8.10 billion). Dealers have been spooked by recent data showing gross domestic product had grown slower than expected while manufacturing activity was softening.

Hong Kong shares rebound 1.73%

Hong Kong shares rose 1.73 percent Wednesday on bargain buying after a sell-off in the previous session and following a strong rally on Wall Street. The benchmark Hang Seng Index added 376.44 points to end at 22,183.05 on turnover of HK$61.51 billion ($7.94 billion). Traders moved in to pick up cheap plays after Tuesday's 1.08 percent loss that was fuelled by weak manufacturing activity data from China that added to recent concerns about the economy.

The new index will reveal how the financial condition of Lithuania is evaluated

The Bank of Lithuania began to announce a new government securities index, denominated in litas, which will reveal Lithuania's borrowing price and risk assessment changes in the domestic market, the national bank of Lithuania said in a statement.The announcement of the government securities index becomes relevant when the state begins to finance an increasingly larger part of their shares by borrowing in the domestic market.In 2012 alone, the volume of government borrowing in the domestic market increased 1.5 times.“The new indicator will complete the information gap t

Official reserve assets of Lithuania down in March 2013

At the end of March 2013, official reserve assets of Lithuania made up 19.5 billion litas (5.6 billion euros); they decreased by 4.2 billion litas, or 17.6 percent, in March and decreased by 1.2 billion litas, or 5.9 percent, during twelve months, the Bank of Lithuania reported.Such changes in the official reserve assets in March were influenced by the 4.1 billion litas decrease in central government deposits with the Bank of Lithuania.

Lithuania's official reserve assets shrink by 17.6 pct in March

At the end of March 2013, official reserve assets made up LTL 19.5 billion (EUR 5.6 billion). They decreased by LTL 4.2 billion (EUR 1.2 billion), or 17.6 percent, in March and decreased by LTL 1.2 billion (EUR 348 million), or 5.9 percent, during twelve months, the Bank of Lithuania reports.Such changes in the official reserve assets in March were influenced by the LTL 4.1 billion (EUR 1.18 billion) decrease in central government deposits with the Bank of Lithuania.

Grigiskes posts higher profit

Over the year 2012 the audited consolidated turnover of the Lithuanian wood processing company Grigiskes Group, which consists of Grigiskes, Baltwood UAB, Klaipedos Kartonas AB, Mena Pak PAT and Klaipeda Recycling UAB, outmeasured 290 million litas, the company said in a statement.Over the same period, the audited turnover of Grigiskes outmeasured 111 million litas.

Kauno Energija's net profit totals 837,000 litas

The energy company Kauno Energija's audited net profit of the year 2012 totals 837,000 litas, according to the International accounting standards and a net profit of the group was 1,196 thousand litas, Kauno Energija said in a statement.The company’s sales revenue of the year 2012 is 369,462 thousand litas. The group’s revenue is 369,723 thousand litas.Audited operating results differ from announced unaudited results, i.e.

Hong Kong, Shanghai stocks close higher

Hong Kong and Shanghai stocks rose on Tuesday after Chinese inflation came in below forecasts, easing concerns lawmakers will introduce fresh tightening measures. In Hong Kong the benchmark Hang Seng Index climbed 0.70 percent, or 152.29 points, to end at 21,870.34 on turnover of HK$57.35 billion ($7.40 billion). Beijing unveiled data Tuesday showing inflation at 2.1 percent in March, well down from the 10-month-high 3.2 percent seen the month before and below forecasts for 2.4 percent.

DNB Bankas to share dividends

On March 26, 2013, the sole shareholder of the Lithuania-based bank DNB Bankas - the Norway's DNB Bank ASA - approved distribution of the profit (loss) of the bank, it said in a statement.It was decided to allocate the 2012 net result of 88.43 million litas to the distributable profit of the bank equal to 92.09 million litas; 4.61 million litas from the distributable profit shall be allocated to the obligatory reserve. The remaining part of the retained earnings of 87.49 million litas will be transferred to the next financial year.
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