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Issue No 159

The Asia Pacific Banking Industry Outlook 2019


The World Bank in its January 2019 Global Economic Prospects report, ominously subtitled “Darkening Skies”, warned that “financial market pressures and trade tensions could escalate, denting confidence and further setting back growth prospects in emerging market and developing countries”. This year, global economic growth is expected to slow further in a majority of advanced economies and in about a third of emerging market and developing economies.

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