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  • October 31, 2014
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  1. Business - Banking & Finance - MACROSCOPE

    RBA risks confusing markets with mixed economic signals

    Posted Oct 13th 2014, 04:13am by DAVID BROWN

    ... in a worst-case scenario, another RBA rate cut could be in the offing if the global downturn suddenly takes a turn for the worse. That is bad news for investors paying closer attention to recent IMF ...

    http://www.scmp.com/business/banking-finance/article/1615236/rba-risks-confusing-markets-mixed-economic-signals
  2. Business - Banking & Finance

    Pakistan gets US$6.6b loan from IMF to boost economy

    Posted Sep 06th 2013, 12:00am by BLOOM

    ... Bloomberg in Islamabad and Washington Three-year programme also aims to help the South Asian country rebuild currency reserves Pakistan gets US$6.6b loan from IMF to boost economy ... under the IMF's extended fund facility aimed at aiding countries with long-term payments imbalances, the lender said in a statement in Washington on Wednesday. The fund had initially agreed ...

    http://www.scmp.com/business/banking-finance/article/1304219/pakistan-gets-us66b-loan-imf-boost-economy
  3. 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
  4. Business - Economy - MACROSCOPE

    Flaws in Abenomics thrown into sharp relief by sales tax

    Posted Oct 10th 2014, 06:10am by NICHOLAS SPIRO

    ... scant specifics- particularly regarding much-needed labour market reforms to help tackle the country's severe demographic woes. Yet as the IMF noted in its latest assessment of Japan's ...

    http://www.scmp.com/business/economy/article/1613163/flaws-abenomics-thrown-sharp-relief-sales-tax
  5. Business - Economy

    IMF approves US$2.3b aid for Greece

    Posted Jul 30th 2013, 10:53am by Reuters

    ... of wrangling over unpopular measures to overhaul the economy. The total funds from the IMF, the European Commission and the European Central Bank comprise 5.8 billion euros. The IMF also confirmed ... its effectiveness,” IMF Managing Director Christine Lagarde said in an updated statement on Monday. Greece’s reform record has been patchy ever since its EU/IMF bailout started in mid-2010, ...

    http://www.scmp.com/business/economy/article/1292987/imf-approves-us23b-aid-greece
  6. Business - Economy

    IMF tells Italy: press reforms, create youth jobs

    Posted Jul 05th 2013, 02:19pm by AP

    ... decide later in the year whether to revive the tax, which brings in some 4 billion euros (HK$40.2 billion) in revenue annually. In a report at the end of its annual visit to the country, the IMF ... for the IMF’s analysis, Bernini said the backing for the government “came from our lawmakers in Parliament and not the IMF.” Berlusconi had made abolishing the tax the main plank of his populist ...

    http://www.scmp.com/business/economy/article/1275969/imf-tells-italy-press-reforms-create-youth-jobs
  7. 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
  8. 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
  9. 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
  10. 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

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