(Reuters) – Oil prices fell to their lowest in five years on Monday, hit by slowing factory activity in China and Europe and hammering emerging market stocks and commodity-linkedcurrencies. Plunging prices for oil and other commodities raised fears of deflation, especially in the euro zone and Japan, and the prospect of looser monetary policy pushed the yen to a seven-year low against Read more about Oil hits five year low, emerging stocks hammered[…]
Asian shares were off session lows but still nursed losses amid a selloff in global equities on Thursday, as heightened concerns about world economic growth sent US Treasury yields down and Japanese stocks tumbling. MSCI’s broadest index of Asia-Pacific shares outside Japan was down about 0.2 per cent. Shanghai shares bucked the downtrend and added Read more about Global shares decline on world economic growth concerns[…]
The International Monetary Fund has more than doubled its growth estimate for the Irish economy this year to 3.6pc, one of the strongest IMF forecasts of any country.