growth

© Reuters. Investing.com – The dollar rose against a basket of major currencies Wednesday, shrugging mixed U.S. inflation data as the euro slipped on fresh signs of stuttering eurozone growth. The , which measures the greenback’s strength against a trade-weighted basket of six major currencies, rose 0.34% to 97.03. The Labor Department said on Thursday
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© Reuters. RBA Slashes Growth Forecasts as Property Pressures Households (Bloomberg) — Australia’s central bank cut growth and inflation forecasts in response to weaker consumption as it assesses how slumping property prices could reverberate across the economy. In its quarterly update of forecasts, the Reserve Bank of Australia drilled deeply into factors impacting the outlook
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© Reuters. An employee counts U.S. dollar banknotes at a currency exchange office in Jakarta By Vatsal Srivastava SINGAPORE (Reuters) – The dollar hovered near 2-week highs against its peers on Tuesday as a slowdown in China’s economy to 28-year lows revived investor concerns over global growth and supported safe-haven currencies. Overnight, the International Monetary
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© Reuters. FILE PHOTO: Illustration photo of a Japan Yen note By Vatsal Srivastava SINGAPORE (Reuters) – The yen surged on Thursday through key technical levels as heightened worries about the global economy pushed investors to safe haven-assets in moves exacerbated by thin holiday volumes. Charging the risk averse mood was Apple Inc’s (O:) move
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MAJESTY Golf, a subsidiary of Maruman, is out to consolidate its position in Singapore, Malaysia and Indonesia in 2019. With this in mind, the Japan company has announced the appointment of MST Golf as a strategic partner and exclusive distributor of its products in the three countries. “In collaborating with MST Golf we trust that
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KUALA LUMPUR: The World Bank slashed Malaysia’s 2018 economic growth projection for the second time this year, bringing the forecast slightly lower than the Finance Ministry’s official guidance of 4.8%. The government’s declining expenditure as well as lower public and private investments have led the World bank to cut its gross domestic product (GDP) forecast
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© Reuters. FILE PHOTO: Illustration photo of a U.S. five dollar note By Vatsal Srivastava SINGAPORE (Reuters) – The dollar held near a 19-month high on Monday, bolstered by safe-haven buying as heightened concerns of a global economic slowdown reduced appetite for riskier assets such as stocks and Asian currencies. Weaker-than-expected economic data out of
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