The Lloyds Banking Group (pic) suffered a double whammy when it was hit with
INVESTORS who are channelling funds into emerging markets at record highs should note that growth in these economies is expected to slow down.
The growth rate of emerging economies in Asia and elsewhere is set to slow to 5% on average over the next five years compared with 7% in the run-up to the 2008 global financial crisis, according to the Singapore Business Times (SBT), quoting a report by the International Monetary Fund (IMF).
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
