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Author Archives: Top News Editor

Global Economy To Grow Least Since Financial Crisis: OECD

Weighed down by trade conflict, weak business investment and political uncertainty, the global economy is set to expand at the slowest pace since the financial crisis this year, the Organisation for Economic Co-operation and Development, or OECD, said Thursday. World ...

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Singapore GDP Expands More Than Estimated In Q3

The Singapore economy expanded more than estimated in the third quarter as the manufacturing sector contracted at a slower pace on the back of biomedical manufacturing. Gross domestic product grew 0.5 percent on a year-on-year basis in the third quarter, ...

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China Cuts Loan Prime Rate To Support Credit Growth

China reduced its new benchmark lending rates, as widely expected, to reduce lending costs and underpin credit growth. The one-year loan prime rate was lowered to 4.15 percent from 4.20 percent. Likewise, the five-year loan prime rate was cut to ...

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Dollar Steady Ahead Of Fed Minutes

After exhibiting weakness in the previous three sessions, the U.S. dollar held steady on Tuesday, ahead of the release of the Federal Reserve Bank’s recent monetary policy meeting. Read Full Story

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