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  • 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...

  • LONDON, Jan 20- Chinese stocks rallied on Tuesday, recovering some ground lost in Monday's tumble, after economic data for 2014 came in slightly better than forecast albeit highlighting growth running at its slowest pace in 24 years. Shanghai's SSE Composite was 1.9 percent higher, while the MSCI Asia ex Japan index advanced 0.4 percent. The broader MSCI...

  • *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...

  • Global economy squeezed by worsening slowdown in China Tuesday, 20 Jan 2015 | 3:42 AM ET

    HONG KONG— The global economy, slowed by stagnation in Europe and Japan, is being further hampered by China's decelerating growth. Yet its growth rate marks a sharp drop from China's sizzling double-digit expansion in previous years. China's share of the global economy climbed from 4.5 percent in 2000 to an estimated 11.3 percent last year, according to the...

  • The market also took some comfort from China's fourth-quarter growth data, which came in better than expected, but that had only a marginal impact on stocks. "The GDP data looks to have had some positive impact but the key focus will still be capital flows," said Wang Weijun, an analyst at Zheshang Securities in Shanghai. China's key share indexes rose 40 percent in...

  • *China economy grows 7.4 pct in 2014, slowest in 24 years. *Sends signal Beijing can tolerate slower growth- economist. BEIJING/ SHANGHAI, Jan 20- China's economy grew at its slowest pace in 24 years in 2014 as property prices cooled and companies and local governments struggled under heavy debt burdens, keeping pressure on Beijing to take aggressive steps to avoid...

  • BEIJING— China's economy, the world's second largest, grew 7.4 percent last year, its slowest expansion in nearly a quarter century. Industries that profited from China's building boom are being battered by the ruling Communist Party's effort to reduce reliance on investment and nurture more sustainable growth based on domestic consumption.

  • *US only major economy to see upward revision, China forecast cut. BEIJING, Jan 20- The International Monetary Fund lowered its forecast for global economic growth in 2015, and called on Tuesday for governments and central banks to pursue accommodative monetary policies and structural reforms to support growth. The United States largely offset prospects of...

  • *China economy grows 7.4 pct in 2014, slowest in 24 years. BEIJING/ SHANGHAI, Jan 20- China's economy grew at its slowest pace in 24 years in 2014 as a cooling property market weighed on demand and is expected to lose more momentum this year, keeping pressure on policymakers to head off a sharper downturn. China's economy grew 7.4 percent in 2014, official data showed...

  • BEIJING, Jan 20- The International Monetary Fund lowered its forecast for global economic growth in 2015, and called on Tuesday for governments and central banks to pursue accommodative monetary policies and structural reforms to support growth. The United States largely offset prospects of more weakness in the euro area, where only Spain's growth was...

  • 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.

  • BEIJING/ SHANGHAI, Jan 20- China's economic growth held steady at 7.3 percent in the fourth quarter from a year earlier, slightly better than expected but still hovering at its weakest since the global financial crisis, keeping pressure on policymakers to head off a sharper slowdown. The China statistics bureau said at a news conference that the economy faces...

  • BEIJING, Jan 20- China's total power generation rose 3.2 percent in 2014, official data showed on Tuesday, the slowest growth rate in 16 years after demand was hit by softer economic growth and milder weather over the year. The country produced 5.4638 trillion kilowatt hours in 2014, according to the data published by the National Bureau of Statistics.

  • *China economic growth holds at 7.3 pct, vs 7.2 pct forecast. *Shanghai shares recoup some ground after Monday's tumble. SYDNEY, Jan 20- Asian markets rallied in relief on Tuesday after China reported its economy had not slowed as far as many had feared, a rare glint of brightness amid gloom over the global outlook.

  • HONG KONG— China's economic growth slowed to 7.4 percent in 2014, the weakest expansion in more than two decades, and is forecast to slip further over the next two years. The 2014 performance was the slowest for the world's second-biggest economy since 1990, when growth tumbled to 3.8 percent in the wake of economic sanctions after the Tiananmen Square...

  • *Prices to be in $60- 80 a barrel range until 2020- analyst. SINGAPORE, Jan 19- Brent crude oil prices traded around $50 a barrel on Monday, with some support coming from falling U.S. output growth but an expectation of weak Chinese economic data weighing on markets. China is due to report gross domestic product figures on Tuesday, which are expected to show China's...

  • Oil prices dip on gloomy Chinese, European outlook Sunday, 18 Jan 2015 | 8:37 PM ET

    SINGAPORE, Jan 19- Oil prices fell in early Asian trade on Monday, with markets expecting gloomy Chinese economic data to be published this week. In Europe, the main event of the week will be Thursday's meeting of the European Central Bank, which is considered almost certain to see the launch of a government bond-buying campaign, pointing to further euro falls...

  • BEIJING, Jan 18- China's new home prices fell significantly in December for a fourth straight month even as. Sunday's gloomy National Bureau of Statistics' data foreshadowed weak economic figures set for Tuesday, with expansion expected to slow to 7.2 percent, the weakest since the depths of the global financial crisis. If the GDP data proves worse than expected,...

  • LONDON, Jan 18- After a head-spinning bout of volatility, next week will be dominated by one question: Will the European Central Bank take the ultimate policy leap or pull its punches? With markets in an unusually febrile state- oil and copper have plunged while the Swiss franc rocketed after Switzerland abandoned its currency cap- it's a fair bet that if the ECB...

  • *Dec home prices fell for 4th month y/y. BEIJING, Jan 18- China's new home prices fell significantly in December for a fourth straight month even as. If the GDP data proves worse than expected, some analysts say the People's Bank of China could cut interest rates further or lower reserve requirement ratios for all banks.