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Saturday, 14th December 2019
7:29:45pm

Economy

Articles related to economy

Brent slips towards $122; China overall imports slide

Brent crude futures slipped towards $122 on Tuesday as a steeper than expected fall in China's overall imports in March raised concerns about oil demand growth in the world's second-biggest consumer.
Investors are watching for signs that China can avoid a hard landing as it tweaks monetary and fiscal policies to cut rising costs and help small…

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China's growth to be slowest since the global financial crisis

The growth of the Chinese economy is expected to reach its slowest point since the global financial crisis, as authorities deliberately restrain the Asian powerhouse.
First quarter GDP figures published this week are likely to show growth has eased from 9.2 per cent last year, to 8.4 per cent in the first three months of this year.
The Chinese…

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S&P warns Japan on debt, affirms rating

Standard & Poor's warned on Monday it could lower Japan's sovereign rating if the economy expands less than expected or if public debt continues to grow, as the country's unpopular government struggles to win support for higher taxes.
The rating agency affirmed its AA- rating on Japan with a negative outlook, but also warned that higher taxes…

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IFC to invest $3.5bn in Africa this year

The World Bank’s private-sector lending arm said on Wednesday it plans to invest up to $3.5 billion in Sub-Saharan Africa this year, mainly in the infrastructure
sector.
Many nations in the region are racing to invest in their roads, rail and energy systems to raise their competitiveness, following decades of under investment
in the sectors.
Jean-Philippe…

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Greece, creditors strive to avoid default

Greece, creditors strive to avoid default Greece goes head to head with its creditors on Wednesday in a renewed attempt to break a deadlock in negotiations to slash the country's debt and stave off default. International private sector creditors represented by the Institute of International Finance (IIF) were set to meet the government in the …

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