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  • *Beijing reassures on yuan, market suspects fall over time. SHANGHAI, Jan 29- Chinese share markets attempted a modest bounce on Friday to end a week of sudden falls, while Beijing tried to reassure the world it would not use a lower yuan to wage a trade war. The People's Bank of China did its part to keep the banking system flush with cash, pumping out a huge 690 billion...

  • BEIJING, Jan 28- China will keep the yuan "basically stable" and improve communication with financial markets on the currency, Premier Li Keqiang told International Monetary Fund chief Christine Lagarde on Thursday. Li said China had kept the yuan basically stable against a basket of currencies and there was no basis for continued yuan depreciation, according...

  • BEIJING, Jan 28- Chinese Premier Li Keqiang told International Monetary Fund chief Christine Lagarde that China is capable of keeping the yuan basically stable against a basket of currencies, state television said on Thursday.

  • *Oil prices hold gains from Friday until China market close. The benchmark Shanghai Composite Index closed up 0.8 percent, while the CSI300 index of the largest listed companies in Shanghai and Shenzhen added 0.5 percent, building on gains of more than 1 percent on Friday as oil bounced off 12- year lows. China's fickle stock markets have slumped 16-17 percent so...

  • DAVOS, Switzerland, Jan 23- Angela Merkel was missing from Davos this year, but the German leader's optimistic mantra "we can do this" echoed through the snowy resort in the Swiss Alps. At the top of the lengthy list of worries was Europe, whose policymakers remain deeply divided in their approach to the refugee crisis at a time when the bloc faces a host of other...

  • The benchmark Shanghai Composite Index closed up 0.8 percent, while the CSI300 index of the largest listed companies in Shanghai and Shenzhen added 0.5 percent, building on gains of more than 1 percent on Friday as oil bounced off 12- year lows. After surging 10 percent on Friday and helping Wall Street rise over 2 percent, oil held gains in Asia on Monday.

  • SHANGHAI, Jan 25- China's yuan weakened slightly against the dollar in thin trading on Monday, and traders said they expect the market to remain steady before foreign currency demand surges next week ahead of the long Lunar New Year holiday. "Short selling of the yuan has almost disappeared so trading was relatively thin," a dealer at a foreign bank in Shanghai said.

  • After surging 10 percent on Friday and helping Wall Street rise more than 2 percent, oil prices held their gains in Asia on Monday, with both Brent and U.S. light crude trading above $32 a barrel. China's fickle markets have slumped about 16 percent so far this year on concerns about the slowing economy and confusion over the central bank's foreign exchange policy,...

  • Investors are far from convinced that the Chinese government wants to hold the yuan steady for long following an unexpected devaluation in August and perceived policy flip-flops, which fuelled financial market jitters that the economy was in worse shape than Beijing had let on. The yuan has already fallen 3 percent against the dollar following the...

  • Singapore says supports IMF's Lagarde for second term Saturday, 23 Jan 2016 | 10:35 PM ET

    SINGAPORE, Jan 24- The Monetary Authority of Singapore said on Sunday it supported the nomination of the International Monetary Fund's managing director, Christine Lagarde, for a second term. Lagarde launched her campaign for her second term on Friday with ringing endorsements from a host of major economies that looked past a court case against her in her...

  • Desperate in Davos: policymakers struggle for answers Saturday, 23 Jan 2016 | 11:14 AM ET

    DAVOS, Switzerland, Jan 23- Angela Merkel was missing from Davos this year, but the German leader's optimistic mantra "we can do this" echoed through the snowy resort in the Swiss Alps. At the top of the lengthy list of worries was Europe, whose policymakers remain deeply divided in their approach to the refugee crisis at a time when the bloc faces a host of other...

  • Bank of Japan Governor Haruhiko Kuroda, speaking on the same panel at the World Economic Forum in Davos, said he believed China should use capital controls to stabilize its currency while keeping domestic monetary policy loose. Asked whether she would back capital controls by China for a period, Lagarde avoided a direct reply but said: "Certainly a massive use of...

  • DAVOS, Switzerland, Jan 23- Financial markets need more clarity on how the Chinese authorities are managing their currency, particularly the relationship of the yuan to the U.S. dollar, IMF Managing Director Christine Lagarde said on Saturday. Asked at a panel discussion in Davos whether she would back capital controls by China for a period, she avoided a direct...

  • Relations between Argentina and the United States soured under the South American country's former leader, Cristina Fernandez, who frequently railed against what she called bullying by greedy capitalist powers in her fight against U.S. creditors. Senator Marco Rubio, who has in the past opposed World Bank loans to Argentina over the country's unpaid debt,...

  • PARIS, Jan 22- International Monetary Fund managing director Christine Lagarde launched her campaign for a second term on Friday with ringing endorsements from a host of major economies- and a court case against her looming in her native France. The prime ministers of Britain and France backed her publicly on Thursday. I was honoured to receive from the start of...

  • PARIS, Jan 22- The managing director of the International Monetary Fund said on Friday she will run for a second term. I was honoured to receive from the start of the process the backing of France, Britain, Germany, China, Korea, "she told France 2 television in an interview from Davos. Lagarde has been accused of negligence over a payout of some 400 million euros to...

  • DAVOS, Switzerland, Jan 21- The International Monetary Fund said after a meeting between its Managing Director Christine Lagarde and Greek Prime Minister Alexis Tsipras that it stood ready to support Greece but only if it was granted "significant" debt relief by its European partners. "The managing director reiterated that the IMF stands ready to continue to...

  • BEIJING, Jan 21- China has the means to ward off a sharper slowdown in the economy, especially on the fiscal side, Fang Xinghai, vice chairman of China's Securities Regulatory Commission said on Thursday at a session at the World Economic Forum in Davos. "In China, we cannot afford to let the growth rate drop too sharply, because that will ignite a lot of financial...

  • BEIJING, Jan 21- International Monetary Fund chief Christine Lagarde on Thursday said China's structural reform will be a "massive undertaking". Responding to a question on the outlook for reform of China's state-owned enterprises, she said that despite the size of the challenge, she believed Beijing would deliver such reforms. She recounted how, at one point...

  • SHANGHAI, Jan 21- China's fragile stock markets ended sharply lower on Thursday as oil prices failed to sustain a bounce from 13- year lows and other Asian markets went into reverse. With tumbling oil prices indicative of slowing global growth, in which China plays a central part, the benchmark Shanghai Composite Index ended down 3.2 percent.