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Deutsche Bank says rout 'very serious' as growth outlook dims

Published Mon, Aug 24, 2015 · 09:50 PM

Frankfurt

THE meltdown in global markets is "very serious" as it will weaken prospects for growth worldwide, said Henning Gebhardt, global head of equities at Deutsche Bank AG's asset and wealth management unit.

"We are expecting some adjustments for the global economic outlook - especially triggered by weaker growth in emerging markets," Mr Gebhardt said in an e-mailed response to questions on Monday in Frankfurt. "The low oil …

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Companies & Markets

Companies & Markets

Deutsche Bank says rout 'very serious' as growth outlook dims

Companies & Markets

Euro at highest to yen since 2008, markets nervy over Tokyo stepping in

Apac Realty enters the Philippines with franchise agreement

Aztech Global Q1 net profit up 18.7% to S$16 million on foreign exchange gains, write-backs

UPS profit beats estimates as cost cuts offset weak delivery demand

PepsiCo beats quarterly revenue estimates on price hikes, steady demand

General Motors beats quarterly results targets, raises forecast

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