Bank Official: Global Economy to Grow
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The world economy has largely absorbed the effects of high oil prices and will likely grow 4 percent this year, despite concerns about the weak U.S. dollar, the president of the European Central Bank said Monday.
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China will push its banks to  forge deeper into overseas markets for acquisitions and a  global profile, a top bank regulator said on Sunday.
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South Korea's economic growth accelerated in the fourth quarter on strength in exports and manufacturing, the Bank of Korea said Friday, with economists expressing optimism the country can weather a possible global slowdown.
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The global economy faces a period of uncertainty, with risks to continued growth much higher than they were six months ago, the head of the International Monetary Fund said Monday.
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Economic growth is expected to top 7 percent for East Asia and Pacific (excluding Japan) in 2004, while developing economies in the region are expected to expand by more than 8 percent, the World bank said here on Tuesday.
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The global economy is set for another   year of strong growth, the International Monetary Fund said on   Thursday, but it warned that rising inflationary pressures and   a U.S. economic slowdown posed growing dangers.
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The global economy is set for another   year of strong growth, the International Monetary Fund said on   Thursday, but it warned that rising inflationary pressures and   a slowing U.S. economy were growing dangers.
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WASHINGTON (CBS.MW) -- IMF Managing Director Rodrigo Rato said Thursday that the global economy is in a sweet spot but faces many challenges to keep it going.
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The head of China's central bank said on Sunday Beijing's efforts to curb excessive credit growth were bearing fruit, increasing chances the country's booming economy would achieve a "soft landing."
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Federal Reserve Chairman Alan  Greenspan said on Tuesday that better management of banking  risk and new rules on capital hold the promise of a stronger  banking system contributing more to economic growth.
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BILOXI, Mississippi  - Federal Reserve Bank of Dallas President Bank Richard Fisher said on Saturday that education is key to keeping the United States competitive in a globalized economy.
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FRANKFURT The president of the European Central Bank, Jean-Claude Trichet, said Tuesday that growth next year would not measure up to the bank&#39;s previous expectations as slower exports and rising oil prices take their toll on economic activity in the 12
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The world&#39;s developing countries this year will turn in the strongest economic growth in three decades and should continue to enjoy solid expansion in 2005 and 2006, the World Bank predicted Tuesday.
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Danske Bank chief executive Peter Straarup said he planned to expand NIBâs branch network in the Republic. âThe economy of the Republic of Ireland continues to outperform other European economies, and
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The governor of ChinaÂs central bank said economic growth is likely to slow slightly in the rest of 2006 and in 2007 as the bank acts to reduce liquidity.
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Business & money: US will bear brunt of slowdown in economic growth, global stability report says.
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BASEL, Switzerland -- Central bankers, joined by commercial counterparts and financial regulators from around the globe, yesterday discussed ways to ensure smooth economic growth amid worries over widening US deficits.