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Only 2pc of investors see recession 2018: reportOnly 2 per cent of investors surveyed expect a recession this year; the consensus is for Q1 of 2020, though investors are split between 2019 (41 per cent) and 2020 (43 per cent), said the Bank of America Merrill Lynch (BofAML) in its May Fund Ma More… |
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US firms brighten their earnings outlookThe profit recession that has weighed on large-cap stocks on Wall Street for the past three quarters may be loosening its grip as US companies allow a hint of blue sky to poke through the gloom. As companies share their expectatio More… |
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GCC growth forecasts cut further despite oil reboundAnalysts have cut their economic growth forecasts for the Gulf Arab oil exporting states further despite a rebound in crude prices, because of the impact of governments' austerity policies, a Reuters poll found. Brent crude oi More… |
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GCC ‘may avoid recession despite challenges’Serious fiscal reform should see the GCC region avoid recession, despite weaker oil prices presenting a serious challenge to the growth outlook, reported the Gulf Daily News, our sister publication. To read further, pleas More… |
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Invest your way out of a recessionDuring periods of recession, companies face two options: they could either retrench in order to try and save their way out of the recession or invest their way out of a recession. Which one should they choose and why? An expert explores. More… |
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Asian shares skid to 2011 levels as oil plummetsAsian shares slid to their lowest levels since late 2011 on Monday after weak US economic data and massive falls in oil prices stoked further worries about a global economic downturn. Oil prices fell as much as 4 per cent on Monda More… |
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Gulf growth forecasts cut but region to avoid recessionAnalysts have cut their forecasts for economic growth in Saudi Arabia and the Gulf's other rich oil states this year but still expect the region to avoid recession by a comfortable margin, a Reuters poll found. The median fore More… |
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Japan export growth slows sharply, raising fears of recessionJapan's annual export growth slowed to a crawl in September as shrinking sales to China hurt the volume of shipments, raising fears that weak overseas demand may have pushed the economy into recession. Ministry of Finance data More… |
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Oil demand to stay weak in H1 on Mideast, RussiaGlobal oil demand will ultimately react to lower prices, though it could stay weak in the first of the year as Middle East growth slows and Russia heads into recession, a report said. Models suggest a six-month lag and a limited r More… |
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Growth worries grip world's stock, oil marketsEuropean stock markets fell for a second day on Wednesday, pushing world share indices back towards their lowest in six months as concern mounts over global economic growth. New York markets were set to open flat to higher and cur More… |
