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  1. Business - Economy

    IMF to use unexpected profits from gold sales to fund loans to poorest countries

    Posted Oct 11th 2013, 11:00am by AFP

    ... countries,” IMF managing director Christine Lagarde said. Calling it “the good news of this week”, Lagarde, speaking at a news conference as IMF and World Bank annual meetings got under way in Washington, noted it had been the fund’s goal for years to put its Poverty Reduction and Growth Trust on a sustainable basis. The IMF said 151 of its 188 member countries had pledged more than 90 per ...

    http://www.scmp.com/business/economy/article/1329251/imf-use-unexpected-profits-gold-sales-fund-loans-poorest-countries
  2. Business - Economy

    IMF launches broad review on sovereign debt restructurings

    Posted May 24th 2013, 01:29pm by Reuters

    ... creditors should regularly be required to bear some of the load. The proposal is part of a major review the IMF has launched of its policies relating to sovereign debt restructurings ... was the largest ever. In a paper that was discussed by the IMF’s executive board on Monday, staff recommended the fund consider making a creditor bail-in a condition for IMF lending to a troubled country. ...

    http://www.scmp.com/business/economy/article/1244958/imf-launches-broad-review-sovereign-debt-restructurings
  3. Business - Banking & Finance - REGULATION

    Hong Kong Monetary Authority's lack of independence queried in IMF study

    Posted Jul 18th 2014, 02:57am by DON WEINLAND

    ... Don Weinland don.weinland@scmp.com Fund assessment notes the chief executive's powers to control monetary authority, amid growing concerns over exposure to mainland borrowers IMF queries key pointof HKMA independence The IMF has called into question the independence of the Hong Kong Monetary Authority (HKMA) from the chief executive at a time of growing concern over ...

    http://www.scmp.com/business/banking-finance/article/1555923/hong-kong-monetary-authoritys-lack-independence-queried-imf
  4. News - China - BRICS

    BRICS group of nations sets up development bank to rival IMF, World Bank

    Posted Jul 16th 2014, 09:36am by AFP

    ... Agence France-Presse in Fortaleza, Brazil Emerging powers agree details of US$50 billion lender to rival the IMF Leaders of the five BRICS nations agreed on the structure of a US$50 ... the BRICS bank could prompt the World Bank and the International Monetary Fund (IMF) to carry out much-needed internal reforms. "BRICS countries have to blaze a new trail to reduce losses ...

    http://www.scmp.com/news/china/article/1555232/brics-development-bank-be-headquartered-shanghai-first-president-indian
  5. Business - Economy - ECONOMY

    IMF forecasts strengthening economic growth in second half

    Posted Jul 07th 2014, 05:26am by Reuters

    ... Reuters in Aix-en-Provence IMF chief predicts stronger global growth this half Global economic activity should strengthen in the second half of this year and accelerate in 2015 although momentum could be weaker than expected, International Monetary Fund managing director Christine Lagarde said yesterday, adding that the IMF did not expect a sharp slowdown in China. Lagarde said ...

    http://www.scmp.com/business/economy/article/1548294/imf-forecasts-strengthening-economic-growth-second-half
  6. Business - China Business - TAXATION

    China fails to collect 65pc of corporate taxation, says IMF

    Posted Jun 27th 2014, 01:04am by Toh Han Shih

    ... to collect 65 pc of tax, says IMF The mainland is one of the worst jurisdictions in the world when it comes to collecting corporate taxes, while Hong Kong's low tax rate has enabled it to attract foreign direct investment (FDI) far out of proportion to the size of its economy, according to a report by the International Monetary Fund (IMF). Among 46 economies, the IMF said ...

    http://www.scmp.com/business/china-business/article/1541253/china-fails-collect-65pc-corporate-taxation-says-imf
  7. Business - Economy - MYANMAR ECONOMY

    Myanmar needs broad reforms to keep growth rapid: IMF

    Posted Jun 18th 2014, 01:28pm by AFP

    ... Agence France-Presse in Washington Myanmar at risk if reforms slow: IMF The International Monetary Fund said Myanmar's economy is expected to build on already rapid growth but that momentum was at risk unless broad reforms are undertaken. An IMF team met with authorities during a June 4-17 visit to Myanmar as part of the fund's annual review of a country's economy, ...

    http://www.scmp.com/business/economy/article/1535498/myanmar-needs-broad-reforms-keep-growth-rapid-imf
  8. Business - Economy - US ECONOMY

    IMF cuts US growth forecast to 2pc

    Posted Jun 17th 2014, 09:36am by AFP

    ... Agence France-Presse in Washington Washington urged to boost minimum wage and embark on infrastructure-building programme IMF cuts US growth forecast to 2pc The International Monetary Fund ... infrastructure-building programme. There is no single measure that is going to deal with all those issues CHRISTINE LAGARDE, IMF HEAD The IMF said the US Federal Reserve should not expect the economy to get back ...

    http://www.scmp.com/business/economy/article/1534514/imf-cuts-us-growth-forecast-2pc
  9. Business - Economy

    IMF lowers China's 2015 growth to 7pc

    Posted Jun 06th 2014, 12:38am by Reuters

    ... Reuters in Beijing Agency cuts forecast from 7.3pc, but advises against further stimulus IMF sees China's 2015 growth at 7pc The International Monetary Fund cut its economic growth ... confidence about the health of the world's second-biggest economy, the IMF said Beijing must keep its word on implementing reforms that would correct imbalances, including a "moderately ...

    http://www.scmp.com/business/economy/article/1526205/imf-lowers-chinas-2015-growth-7pc
  10. News - World

    Lawyer: ex-IMF chief Dominique Strauss-Kahn to be tried on aggravated pimping charges

    Posted Jul 26th 2013, 10:27pm by AP

    ... PARIS (AP) — Lawyer: ex-IMF chief Dominique Strauss-Kahn to be tried on aggravated pimping charges. ...

    http://www.scmp.com/news/world/article/1291575/lawyer-ex-imf-chief-dominique-strauss-kahn-be-tried-aggravated-pimping

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