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  • July 14, 2014
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  1. Business - Economy

    China's economy to grow 7.5 per cent this year, IMF says as it raises global forecast

    Posted Jan 22nd 2014, 02:57pm by Reuters in Washington

    ... advanced countries to pick up the mantle of growth from emerging markets. But the IMF warned that richer countries were still growing below full capacity, and it added the spectre of deflation ... percentage point higher than its October projection. It said it sees growth of 3.9 per cent next year. Olivier Blanchard, the IMF’s chief economist, said less government austerity and uncertainty ...

  2. Business - Economy - CHINA

    China's finances weaker than data show, IMF report says

    Posted Jan 15th 2014, 11:59am by Celine Sun

    ... Mainland's finances belie data, IMF says The mainland's fiscal position is weaker than official data shows but not significant enough to cause alarm, the IMF said in a report released yesterday. ... The IMF report said the mainland's augmented fiscal debt was still at a manageable level, but added that the report's estimates excluded the local governments' contingent ...

  3. Business - Economy

    IMF backs Japan’s ’Abenomics’, but warns of risks

    Posted May 31st 2013, 02:00pm by AFP, Reuters

    ... Agencies in Tokyo The IMF, which expects the world’s third-largest economy to grow 1.6 per cent this year, said Prime Minister Shinzo Abe and his hand-picked team at the Bank of Japan were ... huge national debt. The Washington-based IMF, which expects the world’s third-largest economy to grow 1.6 per cent this year, said Prime Minister Shinzo Abe and his hand-picked team at the Bank ...

  4. Business - Economy - ECONOMY

    Move fast when overheating hits, IMF warns Asia

    Posted Apr 30th 2013, 12:00am by Bloomberg

    ... Bloomberg in Beijing International lender cautions officials to have action plans ready for rapid response to risks Move fast when overheating hits, IMF warns Asia Asian policymakers must ... in the region would play a "useful role" in curbing overheating pressures and coping with speculative capital inflows. Asian economic growth that the IMF estimates will be almost five times ...

  5. Business - Economy

    Systemic risk answers sought as HKMA intervenes on currency

    Posted Jul 02nd 2014, 11:30am by NICK EDWARDS

    ... of the city’s financial system in response to a written question on the subject from legislator Ng Leung-sing. Ng’s question follows up on an International Monetary Fund (IMF) report in May which ... if authorities have carried out an assessment of risks highlighted by the IMF, what measures are in place to ensure the resilience of the financial system and whether any new policy actions to external ...

  6. Business - Economy

    World growth still too slow to generate jobs: IMF

    Posted May 02nd 2013, 11:38am by AFP

    ... gradually, a top IMF official said. While global growth is seen at 3.3 per cent this year and four per cent next year, this masks a significant divergence in prospects, said Naoyuki Shinohara, deputy ... that is “falling disproportionately on young people”, he said in a speech in New Delhi. The IMF official’s address came amid May Day protests in Europe against punishing government austerity drives ...

  7. News - World

    IMF calls for build-up of confidence

    Posted Apr 22nd 2013, 12:00am by AFP

    ... Agence France-Presse in Washington Confidence must be built up, says IMF The IMF has urged leading powers to step up growth and reforms to generate jobs, warning that confidence in the global economy was in short supply. It also warned emerging and smaller economies to shore up their financial defences as leading economies charge up growth with extraordinary monetary stimulus ...

  8. Business - Banking & Finance

    French court summons IMF chief: report

    Posted Apr 18th 2013, 12:13pm

    ... Agence France-Presse in Paris IMF chief Christine Lagarde has been summoned by a French court to testify in the probe into a high-profile scandal when she was a government minister, online ... the Tapie case to arbitration “questionable” and has suggested she was complicit in a process characterised by “numerous anomalies and irregularities”. Contacted by AFP on Wednesday the IMF would ...

  9. News - World - POVERTY

    World Bank and IMF join forces to eradicate extreme poverty by 2030

    Posted Apr 22nd 2013, 12:00am by AFP

    ... where we are making progress and where we are not." Calling the initiative a "historic opportunity" to make a difference, the Development Committee, representing the IMF ... But it's not a given and we cannot do it alone. It requires focus, innovation and commitments from everyone," he said. Kim had made adoption of the poverty agenda his top priority for the IMF ...

  10. Business - Economy

    IMF and World Bank urge Indonesian reform

    Posted Dec 17th 2013, 03:55am by Reuters

    ... Reuters in Jakarta IMF and World Bank urge Indonesian reform The World Bank and the IMF warned Indonesia yesterday that it needed to bring more profound reforms to Southeast Asia's ... global prospects and persistent supply bottlenecks," the IMF said. The IMF's forecasts for next year are roughly in line with those of the Indonesian authorities: a current-account ...




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