The clouds of gloom hanging over the US, Europe and Japan darkened Thursday with stark outlooks from both influential investment bank Goldman Sachs and the Organisation of Economic Co-Operation and Development (OECD).
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Tom Cameron, Dividend Growth Advisors, chairman shares his insight into where in the world investors can find growth and some great international plays.
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South Korea's economy grew slightly faster than earlier estimated during the April-March quarter from the previous quarter on better-than-estimated construction spending, revised central bank data showed.
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The British Chamber of Commerce cut its growth forecasts for the UK for this year and next and said the weaker-than-predicted economy means interest rates will have to stay low longer than expected.
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"You probably have to distinguish between different countries. I think in Japan's case it's fairly easy it's all about exchange rates and that's obviously depressing sentiment and exporters and depressing the willingness and profitability of large companies," Richard Jerram, chief economist at...
Growth-linked currencies such as the Australian, New Zealand and Canadian dollars could see fresh selling if Federal Reserve Chairman Ben Bernanke disappoints investors banking on more monetary stimulus to support the slowing U.S. economy.
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Growth in business activity in Germany was the weakest in 25 months in August as new orders fell, a purchasing managers' survey shows, indicating Europe's largest economy could stagnate over the coming months.
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Spot gold soared to an all-time high above $1,910 on Tuesday, on course for its biggest monthly rise in 29 years, as persistent worries about global economic growth burnished bullion's safe-haven appeal.*
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Banny Lam, associate director and economist at CCB International Securities, says domestic consumption will be the key driver of China's growth in the medium term.
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French economic growth ground to a halt in the second quarter of 2011, raising pressure on President Nicolas Sarkozy to cut spending and abolish tax breaks ahead of elections as he tries to convince nervous financial markets that he will deliver on debt reduction targets.
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Simon Hayes, chief UK economist at Barclays Capital joined CNBC on Wednesday to discuss the possibility of the Bank of England downgrading the growth forecast after the recent market turmoil.
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Paul Dowling, Principal Analyst at East and Partners says Australia banks are experiencing low growth domestically, hence, they have started looking elsewhere for opportunities.
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The Bank of England (BoE) is expected to hold rates on Thursday after weaker than expected gross domestic product (GDP) figures last week effectively killed off any hope of a rate rise this year.
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"Forty percent of the commodities in the world are being consumed each year by the Chinese to produce about 9.4 percent of the world's GDP, so you've got the most inefficient use of commodities going on there in history," Bill Smead, CEO of Smead Capital Management told CNBC. "We think...
The safe-haven Swiss franc counted its gains on Tuesday on worries about the global economy even as the U.S. looked to have averted a debt default after the House of Representatives approved an 11th hour deal to raise the U.S. borrowing limit.*
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French utility EDF reported first-half profit that exceeded market expectations and unveiled mid-term earnings growth goals that made no mention of any impact from the Fukushima disaster on the nuclear industry.
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