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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. News - World - FRANCE

    IMF chief Christine Lagarde placed under investigation in French fraud case

    Posted Aug 27th 2014, 06:23pm by Reuters

    ... Reuters in Paris Lagarde under formal investigation for negligence; IMF chief says she will appeal Lagarde charged over French graft case IMF chief Christine Lagarde has been put under ... for a fourth time under her existing status as a witness in the long-running saga, said she would contest the decision. Watch: IMF chief under investigation for negligence in graft case “I have asked ...

    http://www.scmp.com/news/world/article/1581196/imf-chief-christine-lagarde-placed-under-investigation-french-fraud-case
  4. Business - Economy - ECONOMY

    Beijing's economic growth targets are too high, IMF says

    Posted Jul 31st 2014, 11:26am by Victoria Ruan

    ... IMF says The International Monetary Fund has urged Beijing to lower its growth target next year but forecasts China is likely to meet its annual target of "around 7.5 per cent" this year. The IMF, as well as Fitch Ratings, yesterday warned China about the risks of relying on credit and investment expansion to defend a targeted growth rate at the cost of creating prolonged ...

    http://www.scmp.com/business/economy/article/1563293/imf-recommends-lower-2015-gdp-growth-target-china
  5. 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
  6. News - World

    Officials: Pakistan, IMF reach initial agreement on $5.3 billion bailout

    Posted Jul 04th 2013, 09:38pm by AP

    ... ISLAMABAD (AP) — Officials: Pakistan, IMF reach initial agreement on $5.3 billion bailout. ...

    http://www.scmp.com/news/world/article/1275502/officials-pakistan-imf-reach-initial-agreement-53-billion-bailout
  7. 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
  8. 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
  9. 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
  10. 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

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