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  • SINGAPORE, April 13- The World Bank cut its 2015 growth forecasts for developing East Asia and China, and warned of' significant' risks from global uncertainties including the potential impact from a rising dollar and higher U.S. interest rates. Latest GDP growth projections, percent:. *East Asia and Pacific includes developing EAP and the Newly Industrialised...

  • WORLD BANK SAYS OUTLOOK FOR DEVELOPING EAST ASIA AND PACIFIC REGION IS SUBJECT TO "SIGNIFICANT RISKS" DUE TO UNCERTAINTIES IN GLOBAL ECONOMY.

  • BERLIN, April 11- Germany's economy minister warned on Saturday against overblowing expectations for an economic boost from a trade deal between the United States and European Union but said the pact was needed to set high common standards for consumers. The European Commission is trying to finalize a deal on the Transatlantic Trade and Investment...

  • GOIANIA, Brazil April 10- The Brazilian economy will likely shrink this year, but the South American country could return to growth in 2016 if it succeeds in boosting investor confidence with its austerity drive, the International Monetary Fund said on Friday. The IMF lowered its 2015 forecast for Brazil's economic performance to a 1 percent contraction from...

  • *China inflation flat, suggesting more easing ahead from Beijing. The stock market push was set to keep Wall Street going up when it resumes later and complemented more lows for euro zone bond yields after Greece repaid a loan tranche to the International Monetary Fund to keep alive its hopes of more aid. Subdued Chinese inflation also fuelled talk of additional...

  • *China inflation flat, suggesting more easing ahead from Beijing. The stock market push was complemented by another low for euro zone bond yields, after Greece repaid a loan tranche to the International Monetary Fund to keep alive its hopes of more aid. Subdued Chinese inflation also led to talk of additional stimulus from Beijing, and upbeat data from major...

  • *Stocks rally, Europe hits more than seven-year high. NEW YORK, April 9- World equity markets rose on Thursday, led by European exchanges after stronger-than-expected German economic figures and Greece's repayment of a 450 million euro loan to the International Monetary Fund. Treasury market weakened after a weak auction of $13 billion in 30- year bonds.

  • *Greece debt repayment reduces safehaven bids for bonds. NEW YORK, April 9- U.S. Greece making a 450 million euro loan payment to the International Monetary Fund also reduced earlier safety bids for U.S. government debt, as it supported the view the cash-strapped nation will obtain further aid from its lenders.

  • *Creditors want Greece to make economic reforms before funds. BRUSSELS/ ATHENS, April 9- Greece made a crucial payment to the International Monetary Fund and won extra emergency lending for its banks on Thursday but it remained unclear whether Athens can satisfy sceptical creditors on economic reforms before it runs out of money. Euro zone partners gave Greece...

  • IMF's Lagarde sees 'new reality' of mediocre growth Thursday, 9 Apr 2015 | 10:40 AM ET

    WASHINGTON, April 9- Mediocre economic growth could become the "new reality," leaving millions stuck without jobs and increasing the risks to global financial stability, the head of the International Monetary Fund warned on Thursday. Christine Lagarde, the managing director of the IMF, first warned in October the global economy could be stuck on a "new mediocre"...

  • A Chinese win at IMF no one-way bet for yuan Tuesday, 7 Apr 2015 | 5:00 PM ET

    SHANGHAI, April 8- Later this year the IMF might include the Chinese yuan in its official basket of reserve currencies, a political and economic triumph for Beijing in the teeth of U.S. opposition, but slowing growth in China is likely to limit the impact of the victory. That in turn should lower transaction costs, exchange risk and borrowing costs for China, already...

  • IMF sees low potential economic growth around world Tuesday, 7 Apr 2015 | 9:30 AM ET

    WASHINGTON, April 7- The world's growth potential took a big hit after the 2007-2009 financial crisis and is likely to lag for years, implying that interest rates should likely stay low for quite a while, the International Monetary Fund said in a study on Tuesday. The study, part of the Fund's twice-yearly World Economic Outlook, could frame the discussions over...

  • *EU yet to decide, could favour China to win favour with Beijing. In a draft letter seen by Reuters, the head of the European Commission's Legal Service, Luis Romero Requena, warned the head of the trade directorate that the EU would not have a good case to disregard the effects of the World Trade Organization viewing China as a more market-based economy-- a status that...

  • UPDATE 1-World Bank sees protracted recession in Russia Wednesday, 1 Apr 2015 | 6:54 AM ET

    *World Bank sees Russian economy contracting in 2015 and 2016. MOSCOW, April 1- Russia faces a protracted recession as the impact of Western sanctions lingers and oil prices stay low, the World Bank said in a report published on Wednesday. The World Bank's lead economist for Russia, Birgit Hansl, said "adjustment to the new oil price reality and the sanctions...

  • *Athens prefers joint venture for biggest port. Last week Athens presented a list of reforms to its official creditors in a bid to show it is committed to living up to pledges of financial discipline and is worthy of aid as it scrambles to meet loan payments amid a cash crunch. The list of proposed reforms Athens has presented to the Brussels Group includes...

  • SAN FRANCISCO, March 31- The United States feels China's yuan does not yet meet the standards for inclusion in the International Monetary Fund's basket of global currencies, Treasury Secretary Jack Lew said on Tuesday. Lew said that China had more work to do. Lew, who was returning from a trip to Beijing where he met with Chinese officials, repeated the U.S. view that...

  • SAN FRANCISCO, March 31- The United States feels China's yuan does not yet meet the standards for inclusion in the International Monetary Fund's basket of global currencies, Treasury Secretary Jack Lew said on Tuesday. Lew said that China had work to do to meet the standards for inclusion. Lew, who was returning from a trip to Beijing where he met with Chinese...

  • SAN FRANCISCO, March 31- The United States feels China's yuan does not yet meet the standards for inclusion in the International Monetary Fund's basket of global currencies, Treasury Secretary Jack Lew said on Tuesday.

  • ATHENS, March 27- Greece is submitting a long-awaited list of reforms to euro zone and International Monetary Fund lenders on Friday in the hope it will unlock badly needed cash, a Greek government official said. The European Union and IMF lenders, informally called the Brussels Group, will meet in Brussels later on Friday to start discussing it, the official said.

  • VICTORIA, March 26- The Seychelles' economy is seen growing by 3.5 percent this year from an estimated 3.3 percent in 2014, helped by a recovery in tourism, the International Monetary Fund said on Thursday. "Although the weak euro is putting some pressure on yields, tourism arrivals are rising moderately, and growth is projected at 3.5 percent, higher than...