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Global Economy Loses Steam as Chinese, European Factories Falter

The world economy momentum in September, with China's vast factory sector shrinking again and euro zone manufacturing growth weakening slightly, both casualties of waning global demand. The latest business surveys across Asia and Europe paint a darkening picture and are likely to prompt more calls for central banks around the world to loosen monetary policy even further. "The data probably increases the case for more stimulus in certain parts of the world, especially from the...

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