Source: Paul Wiseman, The Associated Press, July 16, 2018 WASHINGTON — The International Monetary Fund is keeping its forecast for global economic growth unchanged at 3.9 per cent this year despite worries about rising trade tensions and higher oil prices. But the lending agency is downgrading the outlook for Europe and Japan. The IMF now predicts… Continue reading World economy likely to grow 3.9 per cent this year
Tag: World economy
Asian stocks slide after oil prices tumble
By The Associated Press, August 11, 2016 MANILA, Philippines – Asian stocks were mostly down Thursday after a sell-off in energy companies due to lower oil prices pulled down U.S. stocks overnight, and with regional volumes affected by the closure of Japan’s stock exchange for a holiday. KEEPING SCORE: Hong Kong’s Hang Seng index was… Continue reading Asian stocks slide after oil prices tumble