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US Economy Christine Lagarde

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  • JAKARTA, Sept 2- Recent volatility in global financial markets shows how rapidly risks can spill over from one economy to the next, the managing director of the International Monetary Fund said in Jakarta on Wednesday. "What has been demonstrated in the last few weeks is how much Asia is at the core of the global economy, and how much disruption in one market in Asia...

  • JAKARTA, Sept 2- Recent volatility in global financial markets shows how rapidly risks can spill over from one economy to the next, the managing director of the International Monetary Fund said in Jakarta on Wednesday. "What has been demonstrated in the last few weeks is how much Asia is at the core of the global economy, and how much disruption in one market in Asia...

  • STOCKHOLM- Swedish Central Bank holds monetary policy meeting. Speakers:- International Monetary Fund Managing Director Christine Lagarde, Reserve Bank of India Deputy Governor Urjit Patel, Bank of Japan Deputy Governor Hiroshi Nakaso, Indonesia Finance Minister Bambang Brodjonegoro and IMF Monetary and Capital Markets Department Division Chief Ulric...

  • *China factory activity shrinks at fastest pace in 3 years. NEW YORK, Sept 1- World stock indexes and oil prices slumped on Tuesday as weak Chinese data fueled worries about a slowdown in its economy, the world's second biggest, and sparked more market turmoil. The moves followed a stormy week that left investors concerned about further market losses due to slowing...

  • *China's manufacturing sector shrinks; U.S. factory data weak. *Netflix down on report of Apple mulling original shows. Sept 1- Turmoil returned to Wall Street on Tuesday after a brief rest, with renewed concerns about China's economy pushing major indexes down almost 3 percent and intensifying fears of a long-term selloff.

  • *China factory activity shrinks at fastest pace in 3 years. NEW YORK, Sept 1- World stock indexes and commodities slumped on Tuesday as weak Chinese data revived fears about the effect of China's economic health on the global economy and fueled more market turmoil. The moves followed a stormy week in the markets, when investors became increasingly concerned...

  • *Netflix down on report of Apple mulling original shows. Sept 1- Wall Street slumped more than 2 percent on Tuesday, pushing all three major U.S. indexes into losses for the year after weak data from China added to fears that a slowdown in the world's second-largest economy will constrain global growth. "It's general risk aversion manifesting itself after a really...

  • *China factory activity shrinks at fastest pace in 3 years. NEW YORK, Sept 1- World stock indexes and commodities dropped on Tuesday as weak Chinese data revived fears about the effect of China's economic health on the global economy and fueled more market turmoil. On Tuesday, surveys showed China's manufacturing sector shrinking at its fastest pace in three...

  • *Netflix down on report of Apple mulling original shows. Sept 1- Wall Street slumped on Tuesday, pushing all three major indexes into negative territory for the year, after weak factory data from China heightened fears of a slowdown in the world's second-largest economy and its effect on global growth. The weak China data pushed down oil prices more than 4 percent,...

  • *Netflix down on report of Apple mulling original shows. Sept 1- Wall Street opened sharply lower on Tuesday after weak data from China heightened fears of a slowdown in the world's second-largest economy and its effect on global growth. "The PMI was below 50, which is a psychologically important level and puts into real focus the fact that China is contracting,"...

  • Speaking in a lecture at the University of Indonesia, Lagarde said the global economic situation will have a significant impact on developing countries, including Indonesia. She said Indonesia, like many emerging market economies, is being buffeted by another bout of global financial turbulence. The rupiah, Indonesia's currency, has fallen beyond 14,000 per...

  • *Netflix falls on report Apple considering original programming. Sept 1- Wall Street was set to open sharply lower on Tuesday after weak data from China heightened fears of a slowdown in the world's second-largest economy. "The PMI was below 50, which is a psychologically important level and puts into real focus the fact that China is contracting," said Joe Rundle,...

  • Sept 1- U.S. stock index futures fell sharply on Tuesday after weak data from China heightened fears of a slowdown in the world's second-largest economy. *Adding to the nervous sentiment, the head of the International Monetary Fund, Christine Lagarde, said that global economic growth was now likely to be weaker than had been expected just a few months ago.

  • BEIJING, Sept 1- China's gyrating stock market is likely to affect businesses, but the impact should be contained as the economy is still a developing one, an official at the country's top economic planner said on Tuesday. Remarking on a near 40 percent plunge in Chinese shares from a peak in mid-June, Ning Jizhe, vice chairman of the National Development and Reform...

  • JAKARTA, Sept 1- Indonesia has never been more prepared to handle global economic uncertainty, stemming from concerns like China's slowdown and depressed commodity prices, the head of the International Monetary Fund said on Tuesday. "We at the IMF are convinced that Indonesia is better prepared than ever before to face global economic headwinds," IMF Managing...

  • JAKARTA, Sept 1- Global economic growth is likely to be weaker than earlier expected, the head of the International Monetary Fund said on Tuesday, due to a slower recovery in advanced economies and a further slowdown in emerging nations. IMF Managing Director Christine Lagarde also warned emerging economies like Indonesia to "be vigilant for spillovers" from...

  • *China factory activity shrinks at fastest pace in 3 years. London, Frankfurt and Paris were down 2.3 to 2.5 percent and oil was also back in the red as it cut almost $1.5 off the $10 it had leapt between Thursday and Monday, which had been its biggest three-day surge in 25 years. GDP was revised up, but the overall theme is still the weakness in China and that is very hard...

  • JAKARTA, Sept 1- Global economic growth is likely to be weaker than earlier expected, the head of the International Monetary Fund said on Tuesday, due to a slower recovery in advanced economies and a further slowdown in emerging nations. IMF Managing Director Christine Lagarde also warned emerging economies like Indonesia to "be vigilant for spillovers" from...

  • ATHENS, Aug 29- Former Greek premier Alexis Tsipras urged supporters on Saturday to give him a fresh mandate to complete the country's political transformation, as polls showed his leftist Syriza party's lead slipping ahead of elections next month. Tsipras abruptly resigned last week, days after clinching an 86 billion-euro bailout package from Greece's...

  • ATHENS, Aug 29- Former Greek premier Alexis Tsipras urged supporters on Saturday to give him a mandate to complete the country's political transformation, as a poll showed his leftist Syriza party's lead slipping ahead of elections next month. Tsipras abruptly resigned last week, days after clinching an 86 billion euro bailout package from Greece's euro zone...