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  • TOKYO, Oct 8- Japan's Nikkei share average fell to a five-week low on Wednesday as renewed global growth concerns lifted the safe-haven yen, sending exporter stocks skidding. Adding to concerns about the health of the global economy, the IMF also downwardly revised its 2015 global growth forecast to 3.3 percent, warning of weaker growth in Japan and core...

  • SYDNEY, Oct 8- London copper climbed on Wednesday as some traders covered short positions ahead of a seasonally stronger quarter for demand, with focus shifting to China markets which are reopening after a week-long break. *The International Monetary Fund cut its global economic growth forecasts for the third time this year on Tuesday, warning of weaker growth...

  • SINGAPORE, Oct 8- Gold extended gains to a third session on Wednesday, buoyed by safe-haven bids after disappointing economic data from Europe and lower global growth forecasts by the International Monetary Fund. *Spot gold rose about $1 to $1,209.70 an ounce by 0024 GMT, after gaining 0.2 percent in the previous session. *The International Monetary Fund cut its...

  • Treasuries yields plunged Tuesday, with long-dated yields hitting their lowest since May of last year, after fresh signs of economic weakness in Germany and a lower International Monetary Fund global growth forecast fueled safe-haven bids. German industrial production plunged 4.0 percent in August, the Economy Ministry said, the biggest drop since...

  • NEW YORK, Oct 7- World oil prices resumed a months-long rout on Tuesday to close at their lowest in more than two years, pressured by reduced economic and demand growth forecasts. The International Monetary Fund cut its global economic growth forecasts for the third time this year, warning of weaker growth in core euro zone countries, Japan and Brazil.

  • NEW YORK, Oct 7- U.S. stocks were falling on Tuesday as weak data out of Germany added to concerns about possible headwinds to corporate outlooks ahead of the start of earnings season. Adding to concerns, the International Monetary Fund cut its global economic growth forecasts for the third time this year, warning of weaker growth in core euro zone countries, Japan...

  • *Canada lobbied against previous labelling proposal. BRUSSELS/ CALGARY, Oct 7- A European Union plan to label Canadian tar sands oil as highly polluting as part of its fight against climate change has been abandoned after years of opposition from Canada, clearing the way for exports of tar sands crude to the European market. Canada sees Europe as a potential...

  • *Palladium posts biggest growth in over 6 months. NEW YORK/ LONDON, Oct 7- Gold rose on Tuesday as its safe-haven appeal increased after the International Monetary Fund cut its global economic growth forecasts and weak German industrial data stoked further growth concerns. "Following yesterday's rally, traders are in a wait-and-see attitude now after the IMF...

  • NEW YORK, Oct 7- Crude oil prices fell on Tuesday as signs of weak demand for petroleum and ample supply continued to push prices toward multi-month lows. The International Monetary Fund cut its global economic growth forecasts for the third time this year on Tuesday, warning of weaker growth in core euro zone countries, Japan and big emerging markets like Brazil.

  • *Rio jumps after rejects merger approach by Glencore. LONDON, Oct 7- A key European equity index dropped to a 1 1/ 2- month low on Tuesday as the International Monetary Fund cut its growth estimates for the euro zone's three largest economies and German industrial output data disappointed. Market bets on a European economic recovery faded as the IMF downgraded its...

  • *Greece denies reports that EU/IMF visit ends abruptly. They said the inspectors were expected to leave this week for an annual conference of the IMF and World Bank in Washington. They will return to Athens after European bank stress tests are announced, Greek officials said.

  • *IMF cuts forecasts for euro zone, Japan, Brazil. WASHINGTON, Oct 7- The International Monetary Fund cut its global economic growth forecasts for the third time this year on Tuesday, warning of weaker growth in core euro zone countries, Japan and big emerging markets like Brazil. In its flagship World Economic Outlook report, the Washington- based lender cut its...

  • *Rio jumps after rejects merger approach by Glencore. LONDON, Oct 7- European shares dropped to a 1 1/ 2- month low on Tuesday as the International Monetary Fund cut its growth estimates for the euro zone's three largest economies and German industrial output data came in lower than expected. Market bets on a European economic recovery faded as the IMF downgraded...

  • Oct 7- The U.S. Energy Information Administration trimmed its forecast of world oil demand growth next year and made even deeper cuts in its outlook for OPEC production, the latest signs of a shift toward surplus supplies next year. On the backdrop of weakening demand, the agency curbed its forecasts for OPEC oil and other liquid fuels production to 35.51 million...

  • WASHINGTON, Oct 7- The European Central Bank's purchases of asset-backed securities could help address the problem of weak lending to small and medium-sized firms in the euro zone, the IMF's chief economist said. "We think that... a good, healthy market would be useful," Olivier Blanchard said at a press conference on Tuesday. ECB President Mario Draghi outlined last...

  • BERLIN, Oct 7- German industrial output in August plunged at its steepest rate since the height of the financial crisis, data showed on Tuesday, while the International Monetary Fund cut its German growth forecast. Combined with Monday's tumbling industrial orders, the news raised further concern that Europe's largest economy is running out of steam.

  • TOKYO, Oct 7- Japan must raise its sales tax again next year as scheduled, the International Monetary Fund said, even as it sharply cut its economic forecasts for the country and warned that the higher levy will take a toll on domestic demand. The Bank of Japan should ease monetary policy further if inflation stalls or economic growth disappoints, though such...

  • IMF cuts growth outlook, warns on euro zone, Japan Tuesday, 7 Oct 2014 | 9:00 AM ET

    WASHINGTON, Oct 7- The International Monetary Fund cut its global economic growth forecasts for the third time this year on Tuesday, warning of weaker growth in core euro zone countries, Japan and big emerging markets like Brazil. The Fund's gloomy projections will set the stage for the gathering of the world's top economic policymakers in Washington this week,...

  • BRASILIA, Oct 7- The Brazilian economy will likely have a mild recovery next year as electoral uncertainty fades, but still lag regional peer Mexico that should grow faster after a series of economic reforms, the International Monetary Fund said on Tuesday. The global lender cut its growth forecast for Latin America's largest economy by 0.6 percentage point to...

  • LONDON, Oct 7- A second day of grim German data and expectations for a cut in the International Monetary Fund's growth forecasts spooked European assets on Tuesday, as the recent spell of global financial market volatility continued. "Industrial production is currently going through a weak phase," Germany's Economy Ministry said in a statement.