US Economy Christine Lagarde

More

  • BEIJING, Jan 21- China's securities regulator said on Thursday that China will honour its commitment on reforms related to the International Monetary Fund's special drawing rights entry. Fang Xinghai, vice chairman of China Securities Regulatory Commission, made his comments at a session at the World Economic Forum in Davos, seen in a video feed monitored by...

  • BEIJING, Jan 21- International Monetary Fund chief Christine Lagarde on Thursday said China's structural reform will be a "massive undertaking". Largarde's comments were made at a session at the World Economic Forum in Davos, seen in a video feed monitored by Reuters. She added that she does not think China will actually complete the reform undertaking in line...

  • BEIJING, Jan 21- International Monetary Fund chief Christine Lagarde on Thursday said China should communicate better with its financial market. The remarks were made at a session at the World Economic Forum in Davos, seen in a video feed monitored by Reuters. Lagarde said China is "going through a list of transitions".

  • Who will replace Lagarde at the IMF? Wednesday, 20 Jan 2016 | 2:20 AM ET
    Who will replace Lagarde at the IMF?

    Tidjane Thiam, CEO of Credit Suisse, responds to rumors that he may be in line to replace Christine Lagarde as managing director of the International Monetary Fund.

  • LAGOS, Jan 19- Nigeria will start enforcing its stamp duties law on financial transactions across commercial banks, the central bank said on Tuesday- a bid to shore up non-oil revenue and plug shortfalls caused by the precipitous drop in global crude prices. Nigeria plans to spend about 6 trillion naira in 2016 with expected revenue of around 3.9 trillion naira,...

  • Its policy shift came days after International Monetary Fund head Christine Lagarde told Nigerian lawmakers that the IMF did not support foreign exchange restrictions. "You can now transfer foreign currency cash deposits made into your GT Bank domiciliary account via internet banking, Mobile App or at any of our branches nationwide, subject to a daily...

  • PARIS, Jan 13- The boss of France's biggest telecoms firm Orange has been ordered to appear before a special disciplinary tribunal next week in connection with a financial scandal while he was chief of staff to the country's finance minister. The hearing relates to a disputed government compensation payment to businessman Bernard Tapie in 2008 when Orange...

  • PARIS, Jan 12- Further interest rate hikes by the U.S. Federal Reserve should be gradual or they risk hurting already fragile emerging economies, where many companies borrow in dollars, the head of the International Monetary Fund said on Tuesday. Christine Lagarde said a tightening in U.S. monetary policy, which started last month with the first rate hike in a...

  • Slower, sustainable China growth positive: Lagarde Tuesday, 12 Jan 2016 | 9:27 AM ET
    IMF Managing Director Christine Lagarde.

    Slower but more sustainable, economic growth in China will benefit the world in the long-term, the head of the IMF said on Tuesday.

  • ABUJA, Jan 11- Nigeria's central bank is halting dollar sales to non-bank foreign exchange operators and letting commercial banks accept dollar deposits with immediate effect, its governor said on Monday, in an effort to shore up dwindling foreign reserves. Africa's biggest economy, an OPEC member state that depends on oil sales for about 95 percent of its...

  • LIBREVILLE, Jan 10- Gabon has signed agreements with the Development Bank of Central African States for loans on two major infrastructure projects totalling more than $200 million, the presidency said on Sunday. "This port must assert itself as a major actor in the primary sector of Gabon," read the presidency's statement. IMF chief Christine Lagarde was in...

  • YAOUNDE, Jan 8- Tighter public spending, economic diversification and greater regional trade are needed to spur growth in central Africa that has been hampered by plunging oil prices and security threats, the head of the International Monetary Fund said on Friday. Speaking in Cameroon during a regional tour, IMF managing director Christine Lagarde said...

  • *China private sector PMI unexpectedly falls to 48.2. *South Korea, Taiwan fare better but exports a major drag. SYDNEY, Jan 4- China's factory activity shrank for a 10th straight month in December as surveys across Asia showed industry struggling with slack demand even as the policy cupboard is looking increasingly bare of fresh stimulus.

  • LONDON, Dec 30- Brent crude slid back towards 11- year lows on Wednesday as U.S. stockpiles swelled and Saudi Arabia reiterated a commitment to keep pumping oil. At 1550 GMT, Brent traded $1.10 lower at $36.69 per barrel, less than $1 away from 11- year lows reached last week. "In all the years I have been doing this, I have never seen builds in the last week of December," said...

  • UPDATE 4-Brent oil prices slide back towards 11-year lows Wednesday, 30 Dec 2015 | 7:00 AM ET

    *Exports from southern Iraq hold near record in December. Benchmark Brent, near $37 per barrel, traded just $1 away from those lows reached last week as the primary supportive factor- an expected cold snap in Europe and the United States- was forecast to be short-lived. Crude prices have plunged by two-thirds since mid-2014 as soaring output from the Organization...

  • UPDATE 3-Brent oil prices retreat towards 11-year lows Wednesday, 30 Dec 2015 | 4:41 AM ET

    Benchmark Brent, near $37 per barrel, traded just $1 away from those lows reached last week as the primary supportive factor- an expected cold snap in Europe and the United States- was forecast to be short-lived. Crude prices have plunged by two-thirds since mid-2014 as soaring output from the Organization of the Petroleum Exporting Countries, Russia and the...

  • Global growth will be disappointing in 2016: Lagarde Wednesday, 30 Dec 2015 | 4:16 AM ET
    IMF Managing Director, Christine Lagarde, speaks during a press conference after meeting ministers and officials from the Gulf Cooperation Council (GCC) on November 8, 2015.

    Global economic growth will be "disappointing" next year, the head of the IMF said in a guest article for German newspaper Handelsblatt.

  • BERLIN, Dec 30- Global economic growth will be "disappointing" next year, the head of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday. IMF Managing Director Christine Lagarde said the prospect of rising interest rates in the United States and an economic slowdown in China were contributing to...

  • Director Christine Lagarde is going on trial in France

    Lagarde is being accused of negligence over her alleged role in a $438-million payout.

  • PARIS, Dec 17- The head of the International Monetary Fund, Christine Lagarde, said on Thursday she would appeal a decision by a French court to bring her to trial over her role in a compensation pay-out of some 400 million euros to businessman Bernard Tapie. Lagarde would like to reaffirm that she acted in the best interest of the French state and in full compliance...