Posts Tagged ‘International Monetary Fund’

The politicians take charge at the ECB

By FERDINANDO GIUGLIANO / BLOOMBERG
THE European Council has nominated Christine Lagarde (picture) to succeed Mario Draghi as president of the ...

Malaysia’s reserves at US$102.3 billion at end-May 2019 – BNM

by BERNAMA/ pic by MUHD AMIN NAHARUL
Malaysia’s reserves remained usable as at end-May 2019, with official reserve assets at ...

BNM International Reserves at US$102.6b as at June 14

By BERNAMA / Pic By MUHD AMIN NAHARUL
Bank Negara Malaysia’s (BNM) international reserves stood at US$102.6 billion as at June 14, 2019, from ...

IMF agrees to RM25.2b bailout to help Pakistan ease crisis

ISLAMABAD • Pakistan and the International Monetary Fund (IMF) reached an agreement on a loan of about US$6 billion (RM25.2 billion) designed to help the ...

US-China spat ‘threat’ to world growth, says IMF head

By AFP / Pic By BLOOMBERG
PARIS • The head of the International Monetary Fund (IMF) said yesterday that fresh trade tensions between the US and China ...

Rating agencies positive of fiscal target

Malaysia’s GDP is expected to reach above RM1.5t this year despite the uncertainties due to global trade threats, protectionist policies and brewing ...

Global finance chiefs prepared to ‘act promptly’

WASHINGTON • Global finance ministers and central bankers are prepared to “act promptly” to shore up growth in a world economy that faces downside risks ...

Draghi, in rare move, sounds concern over Fed’s independence

‘Central banks ought to be left free to choose what is the best way to comply with’ their mandates, the ECB president says
FRANKFURT • European Central ...

China to maintain prudent monetary policy, PBoC’s Chen says

By BLOOMBERG
BEIJING • China will maintain a prudent monetary policy stance this year and keep the yuan in line with fundamentals as it uses fiscal ...

IMF sees more risks to global stability

By BLOOMBERG
WASHINGTON • Risks to the global financial system have risen over the last six months and asset prices remain stretched, the International ...

Taking stock of the risks to ‘precarious’ global growth will top agenda at IMF meeting

ZURICH • Central bankers and finance ministers get another chance to take stock of the global economy, and risks from trade tensions to Brexit, when they ...

WTO: Tariff war will hammer global trade growth this year

Report says world GDP growth will slow from 2.9% in 2018 to 2.6% in 2019 and 2020
By BLOOMBERG GENEVA • The World Trade Organisation (WTO) slashed its ...