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  • SHANGHAI, April 20- China stocks rose on Monday after the central bank cut banks' reserve requirements to combat slowing economic growth, helping to ease fears that regulators were set to crack down on riskier trading after a blistering rally to seven-year highs. Benchmark money rates sank after the move by the People's Bank of China on Sunday, which could result...

  • *China cuts banks' reserve requirements. TOKYO, April 20- Asian shares dipped in early trading on Monday after a weak performance on Wall Street, though China's latest stimulus to shore up the world's second-largest economy was likely to underpin sentiment. Fed is now being augmented by money from China as the capital account is liberalized, "said Sean Darby,...

  • REUTERS BUSINESS SCHEDULE AT 2000 GMT / 4:00 p.m. ET Sunday, 19 Apr 2015 | 4:50 PM ET

    ATHENS- Euro zone deputy finance ministers will meet midweek ahead of a Eurogroup finance ministers' gathering two days later, a Greek government official tells Reuters, as Athens and its creditors continue to seek a deal on reforms to unlock aid. BOJ's Kuroda says Japan inflation to' gradually accelerate' toward target. WAYZATA, Minn.- Bank of Japan Governor...

  • FACTBOX-Chinese RRR and interest rate changes Sunday, 19 Apr 2015 | 7:48 AM ET

    BEIJING, April 19- China's central bank on Sunday cut the amount of cash that banks must hold as reserves, the second industry-wide cut in two months, adding more liquidity to the world's second-biggest economy to help spur bank lending and combat slowing growth. The People's Bank of China lowered the reserve requirement ratio for all banks by 100 basis points-...

  • China's Central Bank to cut bank reserve requirement Sunday, 19 Apr 2015 | 6:00 AM ET

    BEIJING— China's Central Bank said Sunday that it will cut its bank reserve requirement ratio by 1 percentage point to stimulate more lending into a slowing economy. The Communist Party-run People's Daily said the cut will release 1.2 trillion yuan, or about $194 billion, into the world's second-biggest economy. The Central Bank also said it will cut an extra 1...

  • LONDON, April 19- The threat posed by Greece beyond its borders may have diminished but efforts to agree an economic reform programme to free up bailout funds and avert default will capture world attention this week. Euro zone finance ministers meet in the Latvian capital Riga on Friday with both sides saying time is running short to keep Greece afloat.

  • WASHINGTON, April 18- The International Monetary Fund's member nations on Saturday warned of risks to the global economy from exchange rate shifts and geopolitical tensions as they took note of "moderate" global growth and "uneven prospects." With the United States poised to hike interest rates, the panel- speaking for the Fund's 188 member nations- said moves...

  • WASHINGTON, April 18- The International Monetary Fund warned in a communique on Saturday that while economic growth in developed countries had strengthened, some emerging nations were being hit by weaker commodity prices and exports. Those meetings conclude on Sunday and have taken place amid growing concerns cash-strapped Greece will fail to reach...

  • WASHINGTON, April 18- China does not want to bend the rules in its favor to include the yuan in the IMF's basket of major reserve currencies, the No. 2 official at the International Monetary Fund said. Beijing tightly controls the yuan's movements and has strong capital controls, but it is pushing for increased use of the currency for trade and investment as part of a...

  • But China's proposal has been diplomatic coup, as Britain, France and Germany have broken with Washington and joined Asian governments in seeking membership. The U.S. also faces growing criticism over the refusal by Congress to approve reforms to the International Monetary Fund that would increase the voting power of fast-emerging economies such as China,...

  • Greek 'day of reckoning' shakes stock markets Friday, 17 Apr 2015 | 10:30 AM ET

    NEW YORK— Fear that Greece could default on its debt and abandon the euro rattled global financial markets Friday. News that negotiations between Greece and its international lenders are making little progress sent European stock markets down sharply, and the selling spread across the Atlantic. "The day of reckoning" for Greece is fast approaching, said Uri...

  • BEIJING, April 17- With China's economic growth heading for a quarter-century low, think-tanks and advisers to the government are polarising into those calling for more stimulus to arrest the slowdown and a rival camp emphasising structural reforms as the route to sustainable growth. The debate among the think-tanks, which influence decision-making but do...

  • LONDON, April 17- The prospect of deeper interest rate cuts took Russia's rouble more than 2 percent lower on Friday, knocking it off 4-1/ 2- month highs against the dollar, while Russian equity markets also slipped. "The rouble has appreciated so much recently that from the point of view of the central bank and government it makes sense to try and cap it so as not to...

  • China's Xi Jinping to visit close ally Pakistan Friday, 17 Apr 2015 | 12:43 AM ET

    BEIJING— Chinese President Xi Jinping will visit Pakistan next week to oversee agreements on pipelines, power plants and other projects as part of a massive $46 billion joint development program that Beijing hopes will stabilize its longtime ally's economy and extend China's influence in western Asia. China and Pakistan have long maintained close...

  • MOSCOW, April 16- President Vladimir Putin tried to reassure Russians over the ailing economy and said Washington wanted "vassals" rather than allies in his annual phone-in on Thursday, but offered no new financial remedies and gave no ground over Ukraine. For nearly four hours, the Russian leader fielded mostly tame questions from across the country on...

  • China stocks up on stimulus hope, other markets subdued Thursday, 16 Apr 2015 | 9:40 AM ET

    Major markets in Europe fell amid renewed concerns that Greece could default on its debts. HUGE QUEUE: Netflix added 4.9 million subscribers in the first three months of the year, better than any other quarter since the company started streaming video eight years ago. All told, Netflix finished March with 62 million subscribers around the world.

  • MOSCOW, April 16- President Vladimir Putin said on Thursday Russia's economy could return to growth in less than two years, despite Western sanctions which he said were intended to "contain" his country. In a confident performance during a televised call-in show, Putin sounded defiant and patriotic, assuring viewers that Russia will survive an economic crisis...

  • Putin sees return to growth in Russia in under 2 years Thursday, 16 Apr 2015 | 5:57 AM ET

    MOSCOW, April 16- President Vladimir Putin said on Thursday Russia's economy could return to growth in less than two years, even though he considers it unlikely that the West will lift economic sanctions over the Ukraine crisis soon. Sitting at a desk in a television studio in front of rows of telephone operators taking calls from viewers, Putin said the...

  • *China's March exports fell 15 pct, Q1 GDP growth slowing. GUANGZHOU, China, April 16- More than half of China's exporters expect a trade slowdown to last at least six months as production costs climb and European demand weakens, according to a Reuters survey at the country's biggest trade fair. The fair is taking place just after economic data showed China's...

  • BEIJING, April 16- It will not be easy for China to grow its economy by 7 percent this year, Chinese Premier Li Keqiang was quoted by the Financial Times as saying on Thursday, a day after data showed economic growth hit a six-year low in the first quarter. Li was also quoted as saying that China cannot rely on devaluing its currency to lift sales of Chinese exports, and...