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IMF sees slowdown in Russian economic growth; urges reforms

The International Monetary Fund on Wednesday forecast that lower oil prices and higher taxes would slow Russian economic growth in 2019 and said Moscow's medium-term growth outlook would remain modest unless it tackled deeper structural reforms.

China shares edge down as trade, growth worries drag

Shares in China finished lower in thin trade on Wednesday, extending the previous day's small losses as investors continued to fret over slowing growth and the impact of the Sino-U.S. trade dispute, and await more signs of support from Beijing. ** At the close, the Shanghai Composite index was down 0.2% at 2,931.69. Trading volumes were relatively light, with about 14.96 billion shares traded on the Shanghai exchange, roughly 76.6% of the market's 30-day moving aver

Oil majors, Fresnillo drag FTSE lower

Oil majors pulled London's main index lower on Wednesday as stock market investors priced in an overnight slide in crude to one-week lows, while miner Fresnillo tumbled on a cut in its annual production forecast.

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