Global Trade Slowdown
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UN Trade Body Says Slowdown In Global Trade Could Worsen Next Year
"While the outlook for global trade remains uncertain, negative factors appear to outweigh positive trends," UNCTAD said in a trade update.
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Nomura Raises Current Account Deficit Estimate On Fears Of Export Slowdown
Brokerage Nomura expectscurrent account deficit (CAD) as a share of the gross domestic product to triple this fiscal year, saying that a global economic slowdown will further skew the country's trade imbalances.
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Morgan Stanley Cuts India's GDP Forecast On Slowing Global Trade
Morgan Stanley cut its forecast for India's annual growth to 7.2% for this year, as tighter financial conditions and a slowdown in global trade have pressured major economies
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Markets Trim Gains After Sensex Jumps Over 2,550 Points: 10 Things To Know
Domestic stock markets began the three-day trading week on a positive note amid gains in global peers on signs of a slowdown in coronavirus-related deaths. The S&P BSE Sensex index rose as much as 2,566.7 points to touch 30,157.65 at the strongest level recorded during the session, and the broader NSE Nifty benchmark climbed to as high as 8,819.40,...
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IMF Cuts Global Growth Forecasts Over "Sharp Slowdown" In India: Report
The IMF said global growth would reach 3.3 per cent in 2020, compared to 2.9 per cent in 2019, which was the slowest pace since the financial crisis a decade ago.
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RBI Saw Slowdown, Acted Ahead Of Time By Cutting Rates: Shaktikanta Das
The RBI chief hoped that the US-China truce on trade tariffs, announced over the weekend, would last as he pitched for coordinated efforts to push global growth
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Global Auto Deals Dry Up In Third Quarter Amid Slowing Economy - Report
M&A activity in the global automotive sector plunged in the third quarter, PricewaterhouseCoopers LLP said in a report on Thursday, citing fewer big-ticket deals. Mergers and acquisitions around the world have sunk to three-year lows, accelerated by trade tensions and growing economic uncertainty.
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Nirmala Sitharaman Calls For 'Concerted Action' Against Slowdown At IMF
Ms Sitaharaman said, "Trade wars and protectionism have generated uncertainties that will ultimately impact flow of capital, goods and services."
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At IMF, US Urges Action To Spur Global Economy; Avoids Talk Of Trade War
Washington called Friday for action from other major world powers to spur economic growth, avoiding mention of the US-China trade war and blaming the current global slowdown on excess savings, flagging investment in China and Europe in particular.
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Global Economy Suffering "Synchronized Slowdown", Says IMF Chief
Grinding trade disputes are undermining the global economy, which is set to see its slowest growth in nearly a decade, the new IMF chief said Tuesday.
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Federal Reserve Cuts Interest Rates For First Time Since 2008
Fed Chairman Jerome Powell cited signs of a global slowdown, simmering US trade tensions and a desire to boost too-low inflation in explaining the central bank's decision to lower borrowing costs for the first time since 2008.
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Paris-Based Think Tank OECD Cuts Global Growth Forecast Amid US-China Trade Concerns
While the OECD pared back its global growth forecast for the current year, it predicted a pick-up in activity to 3.4 per cent next year. It notched up its forecast for US growth this year by 0.2 percentage point to 2.8 per cent, but predicted a slowdown to 2.3 per cent next year. Chinese growth was projected to slow to 6.2 per cent this year and 6....
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Chief Economic Adviser Says Election Won't Stop Reforms
Mr Subramanian cited the global slowdown and trade tensions as risks to economic growth, which is seen at 7 per cent in the year to March 31.
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Rupee Rises By 29 Paise To 71.15 Against Dollar
The dollar falling against other currencies overseas on lingering worries about a global slowdown and continuing US-China trade tensions, supported rupee, forex dealers said.
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World Bank Sees Global Growth Slowing To 2.9% In 2019
The World Bank outlook comes as the United States and China have been engaged in a bitter trade dispute, which has jolted financial markets across the world for months.
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UN Trade Body Says Slowdown In Global Trade Could Worsen Next Year
"While the outlook for global trade remains uncertain, negative factors appear to outweigh positive trends," UNCTAD said in a trade update.
-
Nomura Raises Current Account Deficit Estimate On Fears Of Export Slowdown
Brokerage Nomura expectscurrent account deficit (CAD) as a share of the gross domestic product to triple this fiscal year, saying that a global economic slowdown will further skew the country's trade imbalances.
-
Morgan Stanley Cuts India's GDP Forecast On Slowing Global Trade
Morgan Stanley cut its forecast for India's annual growth to 7.2% for this year, as tighter financial conditions and a slowdown in global trade have pressured major economies
-
Markets Trim Gains After Sensex Jumps Over 2,550 Points: 10 Things To Know
Domestic stock markets began the three-day trading week on a positive note amid gains in global peers on signs of a slowdown in coronavirus-related deaths. The S&P BSE Sensex index rose as much as 2,566.7 points to touch 30,157.65 at the strongest level recorded during the session, and the broader NSE Nifty benchmark climbed to as high as 8,819.40,...
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IMF Cuts Global Growth Forecasts Over "Sharp Slowdown" In India: Report
The IMF said global growth would reach 3.3 per cent in 2020, compared to 2.9 per cent in 2019, which was the slowest pace since the financial crisis a decade ago.
-
RBI Saw Slowdown, Acted Ahead Of Time By Cutting Rates: Shaktikanta Das
The RBI chief hoped that the US-China truce on trade tariffs, announced over the weekend, would last as he pitched for coordinated efforts to push global growth
-
Global Auto Deals Dry Up In Third Quarter Amid Slowing Economy - Report
M&A activity in the global automotive sector plunged in the third quarter, PricewaterhouseCoopers LLP said in a report on Thursday, citing fewer big-ticket deals. Mergers and acquisitions around the world have sunk to three-year lows, accelerated by trade tensions and growing economic uncertainty.
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Nirmala Sitharaman Calls For 'Concerted Action' Against Slowdown At IMF
Ms Sitaharaman said, "Trade wars and protectionism have generated uncertainties that will ultimately impact flow of capital, goods and services."
-
At IMF, US Urges Action To Spur Global Economy; Avoids Talk Of Trade War
Washington called Friday for action from other major world powers to spur economic growth, avoiding mention of the US-China trade war and blaming the current global slowdown on excess savings, flagging investment in China and Europe in particular.
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Global Economy Suffering "Synchronized Slowdown", Says IMF Chief
Grinding trade disputes are undermining the global economy, which is set to see its slowest growth in nearly a decade, the new IMF chief said Tuesday.
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Federal Reserve Cuts Interest Rates For First Time Since 2008
Fed Chairman Jerome Powell cited signs of a global slowdown, simmering US trade tensions and a desire to boost too-low inflation in explaining the central bank's decision to lower borrowing costs for the first time since 2008.
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Paris-Based Think Tank OECD Cuts Global Growth Forecast Amid US-China Trade Concerns
While the OECD pared back its global growth forecast for the current year, it predicted a pick-up in activity to 3.4 per cent next year. It notched up its forecast for US growth this year by 0.2 percentage point to 2.8 per cent, but predicted a slowdown to 2.3 per cent next year. Chinese growth was projected to slow to 6.2 per cent this year and 6....
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Chief Economic Adviser Says Election Won't Stop Reforms
Mr Subramanian cited the global slowdown and trade tensions as risks to economic growth, which is seen at 7 per cent in the year to March 31.
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Rupee Rises By 29 Paise To 71.15 Against Dollar
The dollar falling against other currencies overseas on lingering worries about a global slowdown and continuing US-China trade tensions, supported rupee, forex dealers said.
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World Bank Sees Global Growth Slowing To 2.9% In 2019
The World Bank outlook comes as the United States and China have been engaged in a bitter trade dispute, which has jolted financial markets across the world for months.
