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  • July 10, 2014
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  1. Business - Economy

    IMF says ’imperative’ for euro zone to revive growth

    Posted Jul 09th 2013, 10:42am by Reuters

    ... The euro zone must take coordinated action to revive economic growth, the International Monetary Fund (IMF) said in a strongly worded statement that cited the need to repair bank balance ... union are essential,” the IMF said in a regular assessment of the currency bloc’s economy. “The centrifugal forces across the euro area remain serious and are pulling down growth everywhere,” ...

    http://www.scmp.com/business/economy/article/1278613/imf-says-imperative-euro-zone-revive-growth
  2. News - World - UKRAINE

    Opposition icon Yuliya Tymoshenko announces she will run in Ukraine's presidential election

    Posted Mar 27th 2014, 11:01pm by Reuters

    ... Agencies in Moscow Yuliya Tymoshenko makes her dramatic announcement shortly after the IMF throws Kiev a much needed US$27b financial lifeline Opposition icon to seek Ukraine presidency ... two years. "The financial support from the broader international community that the programme will unlock amounts to US$27billion over the next two years," the IMF said. Without ...

    http://www.scmp.com/news/world/article/1458706/opposition-icon-yuliya-tymoshenko-announces-she-will-run-ukraines
  3. Business - Economy

    IMF calls for 'decisive' steps on China growth

    Posted Jul 18th 2013, 12:00am by Reuters

    ... Reuters in Beijing IMF calls for 'decisive' steps on China growth China needs another round of "decisive measures" to put economic growth on a firmer footing as its ... the report said. "While China still has significant buffers to weather shocks, the margins of safety are diminishing." The IMF did not change its latest 7.75 per cent forecast for economic ...

    http://www.scmp.com/business/economy/article/1284955/imf-calls-decisive-steps-china-growth
  4. News - World - FRANCE

    Ex-IMF chief Strauss-Kahn to face pimping charges in France

    Posted Jul 27th 2013, 12:05am by AP

    ... in New York in May 2011 following allegations by a Manhattan hotel maid that he had sexually assaulted her. He resigned as IMF chief before those charges were dropped. The New York case also cut ...

    http://www.scmp.com/news/world/article/1291687/former-imf-chief-strauss-kahn-face-pimping-trial
  5. Business - Economy

    Ireland passes IMF/EU bailout review

    Posted Jul 19th 2013, 11:59am by Reuters

    ... loan books this year, before Europe-wide stress tests next year, to reassure international lenders that the banks which plunged Ireland into crisis are finally fixed. Craig Beaumont, the IMF ... export-dependent and open economy, Ireland is reliant for growth on stronger demand from trading partners, particularly the euro zone, which has itself spent more than a year in recession. The IMF says ...

    http://www.scmp.com/business/economy/article/1286065/ireland-passes-imfeu-bailout-review
  6. Business - Economy - GLOBAL ECONOMY

    IMF cuts Chinese growth projections

    Posted Jul 10th 2013, 12:00am by BLOOM

    ... Bloomberg in Washington IMF cuts Chinese growth projections World economic growth will struggle to accelerate this year as China's expansion rate falls to 7.8 per cent, a US recovery weakens, and Europe's recession deepens, the IMF said. Global growth will be 3.1 per cent this year, unchanged from 2012, and less than the 3.3 per cent forecast in April, the Washington-based ...

    http://www.scmp.com/business/economy/article/1279091/imf-cuts-chinese-growth-projections
  7. Business - Economy - ANALYSIS

    Now is the time to worry about inflation not deflation

    Posted Jun 27th 2014, 01:04am by RICHARD HARRIS

    ... lies with governments who have largely done nothing since 2008. Deflation in its mild form is no worse than inflation in a mild form. From 1999 to 2005, according to the IMF, Hong Kong suffered ...

    http://www.scmp.com/business/economy/article/1541261/now-time-worry-about-inflation-not-deflation
  8. Comment - Insight & Opinion

    For emerging economies, market discipline matters as much as growth

    Posted Apr 11th 2014, 07:25pm by Andrew Sheng

    ... Andrew Sheng Andrew Sheng says the World Bank/IMF meetings offer insights beyond economic projections For emerging economies, market discipline matters as much as growth April is the best month to visit Washington, and this weekend marks both the peak blooming of its beautiful cherry blossom trees and the World Bank/IMF spring meetings. On the World Bank side, the tone was set ...

    http://www.scmp.com/comment/article/1475730/emerging-economies-market-discipline-matters-much-growth
  9. News - World - Cyprus

    Cyprus in ‘superhuman effort’ to reopen banks

    Posted Mar 26th 2013, 10:59pm by Agence France-Presse

    ... of the EU-IMF rescue package Cyprus warned that “superhuman” efforts were needed to reopen its banks by Thursday as protests and uncertainty about the island’s top lender showed that its huge bailout ... rallied against the terms of the EU-IMF rescue package. Banks were shut for an 11th day, leaving homes and businesses on the Mediterranean island short of cash – and there were growing doubts ...

    http://www.scmp.com/news/world/article/1200566/cyprus-superhuman-effort-reopen-banks
  10. Business - Economy - ECONOMY

    Greece pressed to reassure IMF, EU it can meet aid conditions

    Posted Jul 03rd 2013, 12:00am by Reuters

    ... to reassure IMF, EU Greece has three days to reassure Europe and the International Monetary Fund it can deliver on conditions attached to its international bailout in order to receive the next tranche ... Portugal's finance minister, Vitor Gaspar, the architect of its austerity drive under an EU-IMF bailout, resigned on Monday in a potential blow to his country's planned exit from the rescue ...

    http://www.scmp.com/business/economy/article/1274212/greece-pressed-reassure-imf-eu-it-can-meet-aid-conditions

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