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Stalling global corporate spending to remain weak: S&P

Pedestrians walk outside a shopping mall in Hong Kong's retail heart of Causeway Bay on March 17, 2014Investment in emerging markets is expected to slump this year as part of a global downturn in corporate spending that is set to last into 2015, according to Standard & Poor’s. “A recovery in capex remains one of the most keenly anticipated trends in the global economy,” said Gareth Williams, corporate sector economist at S&P in London.

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