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  • The agency revised down its iron ore price forecast to $65 per tonne for 2015 and 2016, from $85 per tonne. It cut its copper price forecast to $2.70 per pound in 2015 and 2016, from $3.10, it said in a release. Iron ore for immediate delivery to China's Tianjin port traded at $67.40 on Tuesday.

  • *Iran says oil selloff could hit $25 without OPEC action. NEW YORK, Jan 20- Oil fell as much as 5 percent on Tuesday after the International Monetary Fund cut its 2015 global economic forecast on lower fuel demand and key producer Iran hinted prices could drop to $25 a barrel without supportive OPEC action. "Because we have record oil production now, the falling rig...

  • *China economy grew 7.4 percent in 2014, weakest in 24 years. London, Jan 20- Brent crude oil prices fell towards $48 a barrel on Tuesday after the International Monetary Fund cut its forecast for global economic growth in 2015 implying lower demand for fuel. BNP Paribas analyst Harry Tchilinguirian said the IMF forecast cut was widely expected.

  • *Oil lower again; Halliburton rises after results. *FXCM shares plummet 90 percent, details loan agreement. NEW YORK, Jan 20- U.S. stock index futures pointed to a higher open on Tuesday as lower growth forecasts from the International Monetary Fund spurred hopes that central banks would take more aggressive policy stances to accelerate economic improvement.

  • *China economy grew 7.4 percent in 2014, weakest in 24 years. London, Jan 20- Brent crude oil prices steadied around $49 a barrel on Tuesday after the International Monetary Fund cut its forecast for global economic growth in 2015 implying lower demand for fuel. BNP Paribas analyst Harry Tchilinguirian said the IMF forecast cut was widely expected.

  • UPDATE 6-Oil below $49 after IMF cuts growth forecast Tuesday, 20 Jan 2015 | 5:58 AM ET

    *China economy grew 7.4 percent in 2014, weakest in 24 years. London, Jan 20- Brent crude oil prices steadied below $49 a barrel on Tuesday after the International Monetary Fund cut its forecast for global economic growth in 2015 implying lower demand for fuel. Saudi Arabia and other members of the Organization of the Petroleum Exporting Countries have said they...

  • *China economy grew 7.4 percent in 2014, weakest in 24 years. London, Jan 20- Brent crude oil prices fell towards $48 a barrel on Tuesday after the International Monetary Fund cut its forecast for global economic growth in 2015 implying lower demand for fuel. Saudi Arabia and other members of the Organization of the Petroleum Exporting Countries have said they...

  • KUALA LUMPUR, Jan 20- Malaysia has increased its fiscal deficit target to 3.2 percent of gross domestic product for 2015 and cut its forecast for economic growth to adjust its budget after a sharp fall in earnings from oil and gas, Prime Minister Najib Razak announced on Tuesday. The government had assumed a price of $100 a barrel last October, whereas the price of...

  • IMF CUTS 2015 EMERGING MARKET GROWTH FORECAST TO 4.3 PCT VS 5 PCT IN OCT, ALSO CUTS 2016 FORECAST TO 4.7 PCT FROM 5.2 PCT.

  • IMF CUTS CHINA 2015 GROWTH FORECAST TO 6.8 PCT FROM 7.1 PCT, PREDICTS BEIJING TO LIMIT POLICY STIMULUS TO CURB CREDIT, INVESTMENT RISKS.

  • IMF CUTS 2015 GROWTH FORECASTS MOST FOR RUSSIA, NIGERIA, SAUDI ARABIA.

  • IMF CUTS 2015 GLOBAL GROWTH FORECAST TO 3.5 PCT VS 3.8 PCT IN OCT.

  • TOKYO, Jan 19- Japan's Nikkei share average rose on Monday after strong U.S. economic data buoyed sentiment and the weaker yen helped exporters such as Honda Motor Co, but Sharp Corp tumbled on a profit warning. The Nikkei rose 0.9 percent to 17,014.29, recovering from a 2-1/ 2- month low of 16,592.57 hit on Friday. But trading was thin, with only 2.040 billion shares...

  • TORONTO, Jan 16- Bombardier Inc's debt ratings have taken a hit after the planemaker suspended work on its newest Learjet and warned 2014 results would be weaker than forecast, with three major ratings agencies changing their stance on the manufacturer. Shares of Bombardier, which is pushing to bring its new CSeries jet into service in the second half of this...

  • TORONTO, Jan 16- Bombardier Inc's debt ratings have taken a hit after the planemaker suspended development of its newest Learjet and warned 2014 results would. Shares in Bombardier, which is pushing to bring its new CSeries jet into service in the second half of this year, fell 9.1 percent to C $2.79 in early trading on the Toronto Stock Exchange on Friday after...

  • TORONTO, Jan 15- Bombardier Inc on Thursday cut its forecasts for 2014 and said it would slash 1,000 jobs in Mexico and the United States and suspend the development of its Learjet 85 business aircraft because of weak demand. The Canadian plane and train maker said cash flow from its aerospace operations would be about $800 million for 2014, below its previous...

  • *Copper hit by concerns over economic growth. LONDON, Jan 14- Copper and other base metals were hit by heavy selling on Wednesday and the oil price slump continued after the World Bank lowered its global growth forecast due to disappointing economic prospects in Europe and Asia. It cited disappointing economic prospects in the euro zone, Asia and some major...

  • *Copper hit by concerns over economic growth. LONDON, Jan 14- Copper and other base metals were hit by heavy selling on Wednesday and the oil price slump continued after the World Bank lowered its global growth forecast due to disappointing economic prospects in Europe and Asia. It cited disappointing economic prospects in the euro zone, Asia and some major...

  • *World Bank lowers global growth forecasts for 2015, 2016. LONDON, Jan 14- Oil prices pared early losses on Wednesday but remained under pressure after the World Bank cut its economic growth forecast, doing little to end a rout that saw prices touch their lowest in nearly six years in the previous session. February Brent crude inched 12 cents higher to $46.71 a...

  • *World Bank lowers global growth forecasts for 2015, 2016. LONDON, Jan 14- Oil prices fell 1 percent on Wednesday after the World Bank cut its economic growth forecast, helping extend a rout that saw prices touch a nearly six-year low the previous session. "The global economy is running on a single engine... the American one," World Bank chief economist Kaushik Basu said.