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Can Boris Johnson double UK growth? Don’t bet on it

As part of his promise to deliver the benefits of Brexit after the UK leaves the European Union on January 31, Boris Johnson has set a goal of doubling the rate of economic growth after the UK leaves the European Union (EU). That aspiration could be treated as a rhetorical flourish, like Donald Trump’s belief that the United States can ...

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Consumer strength in US is fading fast

The consensus is that the US consumer is still strong enough to propel the economy forward even though the manufacturing sector has weakened. This view underpins expectations for improved corporate earnings in 2020. But the hard economic data strikes a discordant note. In particular, growth in industrial production on a year-over-year basis remains in a decisive downturn, sliding deeper into ...

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Singapore is finding a hedge against mall rats

Being a shopping-mall landlord is a risky business in the age of e-commerce, even in retail-crazy Singapore. So it’s only sensible that CapitaLand Mall Trust is merging with CapitaLand Commercial Trust, which owns offices. The $6.2 billion deal between the two sister real estate investment trusts, or REITs, will create a property owner of some heft. The combined entity will ...

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