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Christine Lagarde

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  • WASHINGTON, Dec 12- The head of the International Monetary Fund said on Friday the global lender was ready to discuss ways to move forward without the United States on reforms that would give emerging markets greater IMF voting power. The agreed changes would double the Fund's resources and hand more IMF voting power to countries such as Brazil, Russia, India,...

  • Swiss charge former HSBC analyst with data theft Thursday, 11 Dec 2014 | 8:47 AM ET

    The case of Herve Falciani, a former employee of global banking group HSBC, has been making headlines in Europe since he fled Switzerland in 2008. He has been accused of stealing stole information between 2006 and 2007 relating to 24,000 customers of the Swiss division of HSBC. The Office of the Attorney General of Switzerland says the data theft charges...

  • *U.S. stocks climb with energy shares; MSCI global stock index up. NEW YORK, Dec 2- Oil prices resumed their decline on Tuesday after rallying the previous session, while world stock markets edged higher as investors snapped up beaten-down energy shares. MSCI's global share index was up 0.2 percent.

  • GLOBAL MARKETS-Stocks shaky as oil heads lower again Tuesday, 2 Dec 2014 | 8:18 AM ET

    LONDON, Dec 2- Stock markets wobbled in Europe after a strong start on Tuesday as oil prices resumed the sharp falls that have shocked global financial markets over the past month. A bounce in oil prices on Monday from five-year lows had helped foster a broadly more positive tone in Asia, but by mid-morning in Europe Brent crude was down more than 1 percent on the day...

  • SYDNEY, Dec 2- London copper edged down on Tuesday, but held above 4-1/ 2 year lows, touched the session before, as oil prices stabilised. *Three-month copper on the London Metal Exchange had slipped 0.4 percent to $6,422.50 a tonne by 0127 GMT, paring small gains from the previous session, when prices ended up 1.5 percent after sliding to 4-1/ 2 year lows of $6,230.75 a...

  • DIARY - Emerging Markets Economic Events to Dec 1 Monday, 17 Nov 2014 | 7:02 PM ET

    Nov 18- For other related diaries, please. MAKATI CITY- Asian Development Bank to launch the latest Asian Economic Integration Monitor- 0130 GMT. BRASILIA- Brazil Central Bank President Alexandre Tombini may speak at congressional commission about deterioration of the country's fiscal results.

  • BRISBANE, Australia, Nov 16- Australia's ill-fated attempts to stop G20 world leaders talking about climate change is not just something of an embarrassment for this year's host- it signals a shift in focus for the grouping as Turkey prepares to take control next month. But others, including Turkey, China and the United States, were itching to move beyond the...

  • LONDON, Nov 14- The job of fixing flaws that led to the 2007-09 financial crisis is largely done and the focus will turn to spotting new risks and rebuilding trust among regulators, a global watchdog set up by the Group of 20 leading economies said on Friday. "The G20 has worked intensively over the past six years to correct the fault lines that led to the global...

  • IMF says to consider debt relief for Ebola-hit countries Thursday, 13 Nov 2014 | 10:58 AM ET

    WASHINGTON, Nov 13- The International Monetary Fund will discuss debt relief for Guinea, Liberia and Sierra Leone at the Group of 20 leaders meeting in Australia later this week as it considers further support for the countries most affected by the Ebola outbreak, an IMF spokesman said on Thursday. IMF spokesman Bill Murray declined to comment on a specific...

  • Putin hopes rouble will stabilize after c.bank floats Monday, 10 Nov 2014 | 10:44 AM ET

    BEIJING, Nov 10- Russian President Vladimir Putin said on Monday he hoped the central bank's decision to float the rouble will help stabilize the Russian currency, adding he saw no fundamental reasons behind its large falls.

  • IMF's Lagarde calls for rethink of EU fiscal goals Friday, 7 Nov 2014 | 11:48 AM ET

    PARIS, Nov 7- International Monetary Fund chief Christine Lagarde called on Friday for a reset of the European Union's fiscal targets to take into account the debt levels of its member countries.

  • MOSCOW, Nov 7- Russia is committed to the peace process in eastern Ukraine and wants further talks on ending the conflict between government forces and separatists, the Kremlin said on Friday. "We support the continuation of the Minsk process and advocate holding another meeting of the Contact Group," Ushakov told reporters, referring to a ceasefire agreement...

  • WASHINGTON, Nov 4- The International Monetary Fund ignored its own research and pushed too early for richer countries to trim budgets after the global financial crisis, the IMF's internal auditor said on Tuesday. The Washington- based multilateral lender, concerned about high debt levels and large fiscal deficits, urged countries like Germany, the United...

  • METALS-Copper slips as Chinese growth, supply weighs Monday, 20 Oct 2014 | 6:46 AM ET

    *Copper unable to build on Friday's higher finish. SYDNEY/ LONDON, Oct 20- Copper stayed relatively weak on Monday, struggling to make headway after sliding to six month lows in the previous session, with uncertainty over China's economic growth and a firmer dollar against its main currency rivals. Analysts said that while uncertainty over growth in...

  • *Copper unable to build on Friday's higher finish. SYDNEY, Oct 20- London copper futures fell on Monday after hitting their lowest levels in six months in the previous session, hurt by worries over rising stocks, China's economic growth and the impending end of U.S. monetary stimulus. "Copper is looking weak from a supply and demand perspective," said a metals trader...

  • *Copper unable to build on higher finish on Friday. Copper has some of the weakest fundamentals among base metals as a wave of fresh supply works its way into the market. "Copper is looking weak from a supply and demand perspective," said a metals trader in Sydney.

  • SYDNEY, Oct 20- London copper inched down on Monday after climbing in the last session from its lowest in around six months, hit by worries over the end of U.S. stimulus. *The Thomson Reuters/ University of Michigan index of consumer sentiment was surprisingly strong in early October, rising to more than a seven-year high. *In nickel markets, Brazil's Vale SA sees a...

  • BUSINESS-NEWS-SCHEDULE AT 1900 GMT / 3:00 PM ET Sunday, 19 Oct 2014 | 3:01 PM ET

    LONDON- A series of Reuters interviews with officials, bankers and others involved in the European Central Bank's financial inspection of the euro zone's biggest banks show that in the seven months since it began, the ECB has had to shoot down countless pleas from banks and national supervisors for special treatment. STOCKHOLM/ OSLO/ COPENHAGEN- When it comes to...

  • LONDON, Oct 19- Evaporating inflation and slowing growth have put financial markets into such a spin that they could inflict further damage on the world economy. With the Fed set to turn off its money taps at the end of this month, investors appear to have woken up to poor growth prospects in much of the world, something International Monetary Fund chief Christine...

  • *Greece ready to forego 12 bln euros remaining in IMF bailout. *Euro zone reluctant to remove IMF from supervising Greece. They also said Europeans were resisting a push by Athens to end borrowing from the IMF, which is unpopular in Greece and causing political problems.