Wednesday 29 July 2015
 
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Global economy

Hike in cash holdings over weaker global economy

Global investors have raised their holdings of cash significantly in response to a weaker global economic outlook, particularly in China, according to the Bank of America (BofA) Merrill Lynch Fund Manager Survey for July. Overall,

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Global economy ‘to grow at 3.1pc this year’

Global economic growth of is projected at 3.1 per cent this year, with economies in Asia, Sub-Saharan Africa, the Middle East and Latin America contributing more than half of this growth, a report said. The US and the euro area ar

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Oil falls on global economy concerns

Oil slipped on Thursday as weak data from the world's top economies raised concern about the outlook for global fuel demand, offsetting data that showed a large drawdown in US crude stockpiles last week. China, the world's

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G20 upbeat on over global growth outlook

The Group of 20 leading economies struck a hopeful tone on the outlook for global growth on Friday, even as officials fretted that Athens' inability to strike a deal with its lenders could upset Europe's tentative recovery.

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Global economy ‘set to grow in 2015’

This is a year where growth will improve, although in many parts of the world it may not feel that way, according to the Global Research team at Standard Chartered. The bank’s economic theme for 2015 – “Rekindlin

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Global economy ‘set to grow in 2015’

This is a year where growth will improve, although in many parts of the world it may not feel that way, according to the Global Research team at Standard Chartered. The bank’s economic theme for 2015 – “Rekindlin

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Equities seen outperforming other assets in 2015

Global investors have put some of their cash to work in spite of a more downbeat assessment of global growth and corporate profits, a report said. Investors have regained a muted risk appetite, turning to US equities, bonds and re

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World Bank cuts global economic outlook

The World Bank on Tuesday lowered its global growth forecast for 2015 and next year due to disappointing economic prospects in the euro zone, Japan and some major emerging economies that offset the benefit of lower oil prices. The

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Global economy expected to edge up 2pc in 2015

Investment professionals worldwide expect the global economy to grow an average of just 2 per cent in 2015, a report said. Political risks, including secessionist and nationalistic movements, as the most underestimated risk that c

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Global economy 'stuck in low gear'

Modest global economic forecasts, continuing high unemployment, and downshifts in potential output call on governments to fully employ monetary, fiscal and structural policy levers to support growth, a report said. The Economic Ou

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