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Pic: AP.

IMF cuts growth forecasts, citing sluggish EU, Japan, BRICS

By Tue, Jan 20, 2015 11:14AM UTC Comments Off Pic: AP.

TOKYO (AP) — The International Monetary Fund lowered its forecasts for global growth over the next two years, warning that persistent weakness in most major economies will outweigh the boost from lower oil prices....

Australia: Alternative G20 ‘People’s Summit’ planned for Brisbane

By Tue, Nov 04, 2014 10:30AM UTC Comments Off Australia: Alternative G20 ‘People’s Summit’ planned for Brisbane

An alternative G20 People’s Summit led by an indigenous people’s group will be held separately in Brisbane in response to the Coalition Government’s exclusion of climate change from the G20 Summit 2014 agenda. The three-day People’s Summit will take place on Nov. 12-14, ahead of the G20 leaders summit on Nov. 15-16. While Australian Prime Minister Tony...

US stocks open higher, following gains in Asia

By Sat, Nov 01, 2014 11:41AM UTC Comments Off Pic: AP.

NEW YORK (AP) — U.S. stocks are opening higher following big gains in Asia after Japan made moves to rev up its economy...

South Korea’s economy expands 3.2 percent in 3Q

By Fri, Oct 24, 2014 11:41AM UTC Comments Off Pic: AP.

SEOUL, South Korea (AP) — South Korea's economic growth slowed to 3.2 percent in the third quarter, the lowest in five quarters, as weakness in exports and spending by companies offset the boost from government stimulus....

China manufacturing fails to fire in October

By Thu, Oct 23, 2014 12:24PM UTC Comments Off A production line of air conditioners at a factory in Zhuhai in south China's Guangdong province.  China is creating more production capacity than the world can consume.  Pic: AP.

BEIJING (AP) — A gauge of the health of China's manufacturing industry inched higher in October but factory output was at a five-month low in a sign of slowing domestic and foreign demand....

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