Saturday 30 July 2016
 
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slowdown

Oil falls to $49 on economic concerns, ample supply

Oil fell below $50 a barrel on Tuesday on concerns that a potential slowdown in economic growth could sap demand and persistent signs of abundant supply despite another militant attack on Nigeria's oil industry.  

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Jeddah sees real estate market slowdown

The Saudi city of Jeddah has witnessed a general slowdown across all its real estate sectors in the first quarter due to demand-supply mismatch and the country’s overall macroeconomic scenario, according to a report. The exi

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Jeddah sees real estate market slowdown

The Saudi city of Jeddah has witnessed a general slowdown across all its real estate sectors in the first quarter due to demand-supply mismatch and the country’s overall macroeconomic scenario, according to a report. The exi

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UAE real estate slowdown 'a minor correction'

The current phase  in the UAE real estate market is a slowdown and a relatively minor correction, rather than a major crash - with reduced supply coming through at a time of weak demand, allowing underlying dynamics to catch up with the pac

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Slowdown leads to Western law firms' Abu Dhabi exodus

London-based Simmons & Simmons is the latest in a wave of Western law firms to shut their offices in Abu Dhabi, UAE, in the last year as low oil prices put a damper on business. The company plans to close its office in the UAE

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Global economic slowdown in real danger of persisting

The global economic slowdown shows a clear risk of extending into next year, along with an even more prolonged period of disinflation, according to the overwhelming majority of nearly 300 economists polled by Reuters around the world.

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China exports fall, imports down 11th month

China's exports fell less than expected in September, with monthly figures even showing signs of a mild recovery over the summer, but a hefty drop in imports may keep pressure on policymakers to do more to stave off a sharper economic slowdo

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China can manage slowdown, says IMF

China has the capacity to manage its economic slowdown but needs to communicate policy more effectively and guard against potential spillovers, the International Monetary Fund said on Monday. In a report, the Fund - whose annual m

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Oil rises above $49 on heightened Syria risks

Oil rose above $49 a barrel as an emerging risk premium over the situation in Syria countered further signs of an economic slowdown in Asia and rising US inventories.   Russia launched air strikes in Syria in its

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China slowdown worsening, suggests index

Activity in China's vast factory sector shrank at its fastest pace in almost 6-1/2 years in August, a private survey showed on Tuesday, increasing investor fears that the world's second-largest economy may be lurching toward a hard landi

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