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GLOBAL ECONOMY-Time for ECB to put money where its mouth is
* India central banks meets for first time since Modi election
Kuwait’s ruler makes rare visit to Iran to build ties
DUBAI, June 1 (Reuters) – Kuwait’s emir began a visit to Iran on Sunday, the first by a ruler of the U.S.-allied Gulf Arab state since the 1979 Islamic revolution, underscoring improving ties between Tehran and its Arab neighbours.
Hedge fund giants secure grip on industry despite lagging returns
* Majority of money held in funds worth more than $1 billion
