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International

OECD chops economic forecasts
The sickly eurozone recovery is a drag on the outlook for the global economy, the OECD warned on Monday as it cut growth forecasts for most major advanced economies.
World awaits white smoke to arise from Fed meeting
As the US economy picks up pace, its central bank is inching closer to raising interest rates, a move that will send ripples across the globe.
Strategies in Asian equities
Abenomics has proved successful in helping Japan emerge form deflation, says Matein Khalid
EU seeks economic revival
Ministers need radical steps to help growth at a time of record unemployment.
Li sets new course for $200b leasing market
Li’s firm is already bidding for a $5 billion fleet of 100 planes that lessor Awas Aviation Capital Ltd has put up for sale.
China April data underscores economy still losing steam
August output growth at six-year low; retail sales, investment also weaken
Global carmakers say India must reform to attract industry
India must urgently improve its infrastructure and reform its tax, land acquisition and labour laws if it is to fulfil its ambition of becoming a leading international automotive manufacturing hub, global carmakers said on Friday.
Saudi Arabia, Kuwait rule out urgent Opec meeting
Saudi Arabia, the world’s biggest crude exporter, said Opec doesn’t need to meet on possible measures to check falling oil prices, according to the kingdom’s oil minister Ali Al Naimi.
Turkish central bank counters political case for rate cuts
Turkey’s central bank governor set out his case against the sharp cut in interest rates championed by some in government, saying on Thursday it might prompt Turks to hoard dollars and that growth would in any case pick up towards the end of 2014.
Oman’s Renaissance to revive listing plans for Topaz arm
Oman’s Renaissance Services has rekindled plans to list its oilfield services business Topaz, more than three years after pulling a share sale in London, four sources said on Thursday.
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