GO
Loading...

Enter multiple symbols separated by commas

Christine Lagarde

More

  • WASHINGTON, May 29- German newspaper Frankfurter Allgemeine Zeitung has corrected an interview with International Monetary Fund head Christine Lagarde in which she had been quoted as saying that a Greek exit from the euro zone was a "possibility". The IMF released a transcript of the interview, which was still having an impact on markets on Friday.

  • *European markets inch lower, wary eyes on Greece. LONDON, May 29- The dollar inched higher on Friday, putting it on track for a monthly rise in May, while Chinese shares steadied after a plunge a day earlier that stoked concerns about the financial health of the world's second largest economy. European stock markets were a touch lower, with dealers pointing to doubts...

  • NEW YORK— Stocks sank Friday following news that the U.S. economy shrank in the first three months of the year. A Chicago manufacturing survey fell to 46.2, well below the 53 that economists were anticipating, and a measure of consumer sentiment fell to a six-month low in May. Along with the disappointing economic data, investors continued to watch developments...

  • UPDATE 2-Greek crisis overshadows G7 growth talks Thursday, 28 May 2015 | 5:36 PM ET

    DRESDEN, Germany, May 28- The head of the International Monetary Fund warned that Greece could fall out of the euro zone as it struggled to sort out its debt stand-off, which is adding to concern about the patchiness of global economic recovery. Greece was not officially on the agenda of the Group of Seven meeting on Thursday in a former palace in the eastern Germany...

  • NEW YORK, May 28- The U.S. dollar on Thursday hit its highest against the yen since 2002 while stocks fell after Chinese brokerages tightened margin rules and the IMF head played down talk of an imminent deal to keep Greece afloat. "We are all in the process of working towards a solution for Greece, and I would not say that we already have reached substantial results,"...

  • NEW YORK, May 28- The U.S. dollar hit its highest against the yen since 2002, while global stocks cascaded lower after Chinese brokerages tightened margin rules and the IMF head downplayed talk of an imminent deal to keep Greece afloat. "We are all in the process of working towards a solution for Greece, and I would not say that we already have reached substantial...

  • Italian yields firm as auction points to market stability Thursday, 28 May 2015 | 11:31 AM ET

    *Italy sells 6.9 billion euros of bonds. Italy sold 6.9 billion euros of five-, 10- and 17- year bonds, towards the upper end of a 5- 7 billion euro targeted range, with the yield on the 10- year paper rising to its highest at auction since December 2014. Italian 10- year yields edged up slightly after the sale to 1.87 percent as markets digested the new supply, but the move...

  • *G7 officials discussing Greece on sidelines of talks. *U.S. presses Europe, IMF to show flexibility on Greece. *IMF, EU officials say much work to do for Greece deal.

  • DRESDEN, Germany— Economic growth that's not as strong as everyone would like. A potential financial blowup in Greece. Those were three of the most pressing topics hanging over top finance officials from the Group of Seven wealthy democracies at their gathering in Dresden, Germany.

  • *Italy sells 6.9 billion euros of bonds. Italy sold 6.9 billion euros of five-, 10- and 17- year bonds, towards the upper end of a 5- 7 billion euro targeted range, with the yield on the 10- year paper rising to its highest at auction since December 2014. Economy Minister George Stathakis said Greece and its international creditors had converged on key points.

  • *U.S. presses Europe, IMF to show flexibility on Greece. DRESDEN, Germany, May 28- Finance chiefs from the Group of Seven economic powers met on Thursday to discuss how to revive a faltering global recovery, with the United States leaning on Europe to reach a deal to avert a Greek bankruptcy. Speaking before meeting the Group of Seven finance chiefs, International...

  • Share markets in China, Hong Kong, Australia skid. LONDON, May 28- The dollar took a breather on Thursday after hitting its highest level against the yen since 2002, and stocks stuttered as high-flying Chinese shares tumbled and European officials downplayed talk of an imminent deal to keep Greece afloat. Commodity markets rebounded as the dollar's momentum...

  • No change in Greek debt talks after another day of spin Thursday, 28 May 2015 | 4:46 AM ET

    BRUSSELS, May 28- The euro leapt, Greek bond yields fell, global financial markets brightened, but nothing actually changed in another day of conflicting statements on Greece's long-running debt talks with international creditors. When the meeting with representatives of the International Monetary Fund, European Central Bank and European Commission...

  • Italy will sell five-, 10- and 17- year bonds and while the sales are expected to be taken down smoothly, some strategists said a lack of clarity over Greece may see jittery post-auction trading. Lower-rated euro zone bonds had rallied Wednesday after Greek officials spoke optimistically of reaching a cash-for-reforms deal, with economy minister George...

  • BRASILIA/ RIO DE JANEIRO, May 22- Brazil will freeze 69.9 billion reais worth of spending on investment, education and health programs this year, limiting outlays in a bid to convince investors that President Dilma Rousseff is committed to saving the nation's investment-grade rating. Still, most analysts believe the freeze will not be enough to meet Brazil's...

  • BRASILIA RIO DE JANEIRO, May 22- Brazil unveiled a spending freeze on Friday, limiting outlays to about 70 billion reais in a bid to convince investors that President Dilma Rousseff is committed to saving the nation's investment-grade rating. Still, most analysts believe it will not be enough to meet Brazil's fiscal surplus goal of 1.2 percent of gross domestic...

  • RIO DE JANEIRO, May 22- Brazil will unveil a spending freeze of 70 billion reais on Friday, a government official told Reuters, limiting outlays to convince investors that President Dilma Rousseff is committed to saving the nation's investment-grade rating. Still, most analysts believe it won't be enough to meet Brazil's fiscal surplus goal of 1.2 percent of...

  • *Bundesbank chief says can't always be about buying Greece time. RIGA, May 22- European leaders told Greece on Friday to return to the negotiating table for "intensive work" to wrap up a reform agreement before cash runs out, sidestepping Athens' demand for a comprehensive, long-term solution to its troubles. The leaders offered help, but told Tsipras to get back to...

  • DIARY- Emerging Markets Economic Events to June 1 Tuesday, 19 May 2015 | 8:02 PM ET

    ANKARA- Central bank of Turkey to hold monthly monetary policy committee meeting. PRAGUE- International Monetary Fund holds a press conference at the end of its annual mission to the Czech Republic- 1315 GMT. BRASILIA- International Monetary Fund head Christine Lagarde visits Brazil to participate in a central bank seminar about inflation targeting.

  • WASHINGTON, May 19- The International Monetary Fund is making "some" progress in discussions with Greece over an aid agreement, but it must also consider the views of the broader international community, the head of the institution said on Tuesday. Greece and its international creditors are trying to reach a deal that would keep Athens from running out of money in...