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World has 33% chance of economic double dip: S&P

August 27, 2010  

From Richard Morrow

The financial services agency’s chief economist David Wyss believes there remains a one in three chance that the world could slip back into a double-dip. He thinks that sovereign credit woes in Europe or financial sector problems would be the most likely culprits.

Western economies lack an engine of growth and there is a one in three chance that the world's economy could fall into a double-dip recession, says David Wyss, chief economist of Standard & Poor’s (S&P).

Speaking in Hong...


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 LOCAL CURRENCY DCM

Rank Bookrunner Value ($m) No. %Share
1 Samsung Securities Co 1,079 13 4.8
2 China Development Bank Corp 1,066 3 4.8
3 KB Financial Group Inc 1,052 10 4.7
4 Daewoo Securities 950 8 4.2
5 Korea Investment & Securities 865 14 3.9
6 Woori Investment & Securities 854 12 3.8
7 SK Securities 758 8 3.4
8 CITIC Securities 686 2 3.1
9 Dongbu Group 650 10 2.9
10 Haitong Securities 649 2 2.9
Subtotal 8,609 70 38.4
Total 22,396 168 100.0

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