economic slowdown

China’s stocks rose 4.52 percent on Thursday’s close. The benchmark Shanghai Composite Index rose 4.52 percent, or 126.00 points, to finish at 2,911.58. The Shenzhen Component Index rose 3.91 percent, or 438.43 points, to end at 11,648.35.Combined turnover expanded only slightly to 191.33 billion yuan ($28.01 billion) from 191.07 billion yuan on the previous trading [...]

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Since early March, investors have had a bit of a breather from the devastation of 17 months of almost constant bad economic, financial and investment news. If we haven’t yet seen the bottom of this economic cycle, we’ve almost certainly seen the worst of the stockmarket falls. How much money has been lost? By all [...]

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Due to economic slowdown, Australia’s Westpac bank still promised to maintain its dividend, despite some speculation that its balance sheet growth is set to slow over the coming year.On the wider economy, Mr Evans noted that while the Reserve Bank of A…