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  • *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 cuts global growth forecasts. *JPMorgan falls in premarket after earnings. Copper touched its lowest since July 2009 and were last down 5 percent at $5,570 a tonne after the World Bank cut its global forecast for economic growth in 2015 and next year.

  • *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 cuts global growth forecasts. *JPMorgan falls in premarket after earnings. Copper touched its lowest since July 2009 and were last down 5.1 percent at $5,353.25 a tonne after the World Bank cut its global forecast for economic growth in 2015 and next year.

  • GLOBAL MARKETS-Markets slump on gloomy growth outlook Wednesday, 14 Jan 2015 | 8:34 AM ET

    *World Bank cuts growth forecasts, deflation fears grow. LONDON, Jan 14- Financial and commodities markets slumped on Wednesday after the World Bank cut its growth forecasts for 2015 and 2016, fueling fears that the benefits of cheaper oil may be offset by anemic economies and the threat of deflation. Market nerves were soothed somewhat after a top adviser to the...

  • *World Bank cuts global growth forecasts. *JPMorgan falls in premarket after earnings. *Copper prices touched their lowest level since July 2009 and were last down 5.1 percent at $5,353.25 a tonne after the World Bank cut its global forecast for economic growth in 2015 and next year.

  • *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...

  • *FTSEurofirst 300 down 0.6 pct after World Bank move. LONDON, Jan 14- European shares fell on Wednesday, mirroring a slump in copper and oil prices after the World Bank cut its global growth forecast for this year. The World Bank on Tuesday lowered its global growth forecast for both 2015 and 2016 due to disappointing economic prospects in the euro zone, Japan and...

  • LONDON, Jan 14- Copper prices slid to their lowest in 5-1/ 2 years on Wednesday, triggered by a wave of stop-loss selling following a downward revision to global growth by the World Bank and big falls in oil prices. LME copper prices had fallen to their lowest since July 2009 at $5,353.25 a tonne in intraday trade. "The market was very worried about slowing growth...

  • *Financial markets slide as World Bank cuts forecasts. *Gold gives up some gains as commodities tumble. LONDON, Jan 14- Gold edged down from the previous day's 12- week high on Wednesday as a rout in other commodities pressured the metal and Asian buying slackened, though volatility in the wider markets lent support as investors sought a haven from risk.

  • *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.

  • PRECIOUS-Gold steadies below 12-week high as dollar slips Wednesday, 14 Jan 2015 | 2:47 AM ET

    SINGAPORE, Jan 14- Gold steadied below a 12- week high on Wednesday as weakness in the dollar supported the safe-haven metal, after earlier losses spurred by a rout in other commodities such as oil and copper. Spot gold was little changed at $1,231.11 an ounce by 0733 GMT, below a 12- week high of $1,243.60 reached on Tuesday. On Tuesday the World Bank lowered its...

  • UPDATE 1-Oil prices extend slide in commodities sell-off Wednesday, 14 Jan 2015 | 12:50 AM ET

    *World Bank lowers global growth forecasts for 2015, 2016. Commodities came under pressure after the World Bank cut its forecasts for global growth, reinforcing worries of a gloomy economic outlook at a time when oil markets are plagued by oversupply. February Brent crude had dropped 49 cents to $46.10 a barrel by 0509 GMT and West Texas Intermediate crude for...

  • MOSCOW, Jan 14- The World Bank expects Russia's economy to contract by 2.9 percent in 2015, it said in a report on global economic growth on Wednesday, cutting its forecast from December when it expected a 0.7 percent contraction. The bank also predicted 0.1 percent growth in 2016 and 1.1 percent growth in 2017, following 0.7 percent growth in 2014..

  • WORLD BANK CUTS FORECAST FOR RUSSIA'S GDP GROWTH IN 2015 TO -2.9 PCT FROM 0.7 PCT.

  • *Bond yields shrink, World Bank cuts global growth forecasts. The metal is often considered a barometer of industrial demand, so the slump leant extra gravitas to news the World Bank had cut its 2015 growth forecasts blaming sluggishness in the euro zone, Japan and some major emerging economies. "The global economy is at a disconcerting juncture," World Bank chief...

  • *Bond yields shrink, World Bank cuts global growth forecasts. Not helping the mood was news that the World Bank had cut its 2015 global growth forecasts to 3 percent from 3.4 percent because of sluggishness in the euro zone, Japan and some major emerging economies. That was a challenging background for equities, with MSCI's broadest index of Asia-Pacific shares...

  • *Bond yields shrink, World Bank cuts global growth forecasts. Not helping the mood was news the World Bank had lowered its global growth forecasts because of sluggishness in the euro zone, Japan and some major emerging economies. "The global economy is at a disconcerting juncture," World Bank chief economist Kaushik Basu told reporters.

  • WASHINGTON, Jan 13- The World Bank on Tuesday lowered its global growth forecast for 2015 and next year due to disappointing economic prospects in the euro zone, Japan and some major emerging economies that offset the benefit of lower oil prices. "The global economy is at a disconcerting juncture," World Bank chief economist Kaushik Basu told reporters.

  • ANKARA, Jan 12- Turkey could become a high-income nation within five years, provided the government boosts productivity and embraces much needed structural reforms to improve the rule of law, the World Bank's country director said on Monday. The World Bank's Martin Raiser told Reuters he was hopeful that Turkey can push per capita gross national income above...