*OPEC expected to keep production target unchanged. SINGAPORE, Dec 3- Brent crude held steady above $111 a barrel on Tuesday, just off an 11- week high hit the previous day, on an improving demand outlook after recent strong global economic numbers and also worries of lower supplies.» Read More
WASHINGTON, July 29- The International Monetary Fund on Monday approved a further 1.7 billion euros in funds for Greece's bailout program after completing the fourth review of the cash-strapped euro zone state.
WASHINGTON, July 29- The International Monetary Fund's board on Monday completed the fourth review of Greece's bailout program, and approved a further 1.7 billion euros in funds for the cash-strapped euro zone state. The total funds from the IMF, the European Commission and the European Central Bank comprise 5.8 billion euros.
*ECB should cut interest rates, make deposit rates negative. BRUSSELS, July 25- The European Central Bank may have to cut interest rates and launch a fresh round of unconventional monetary easing to help boost the euro zone economy, which is still weighed down by spending cuts, the IMF said on Thursday.
LISBON, July 22- Portugal's president has soothed investor concerns by keeping the government in place until 2015, but unresolved tensions over austerity mean the country's political crisis has not been laid to rest. This calmed nerves about Portugal's ability to work its way out of European Union/International Monetary Fund bailout in mid-2014.
MOSCOW, July 20- Advanced G20 economies will consider numerical targets for public debt reduction after 2016 to boost investor confidence, a senior G20 official told Reuters on Saturday.
MOSCOW, July 20- Advanced G20 economies are ready to commit to numerical targets for public debt reduction after 2016 to boost investor confidence and create better conditions for economic growth, a senior G20 official told Reuters on Saturday. The numbers for the United States and Canada are for the federal level.
*Fed stimulus withdrawal eyed warily at Moscow talks. *Japan pledges credible fiscal plan. Finance ministers and central bankers signed off on a communique that acknowledged the benefits of expansive policies in the United States and Japan but highlighted the recession in the euro zone and a slowdown in emerging markets.
*Japan pressed on structural reforms. MOSCOW, July 20- The Group of 20 nations put growth ahead of austerity, seeking to rebalance a multi-speed global economy and pledging to shift policy carefully so recovery is not derailed by volatile financial markets.
MOSCOW, July 20- G20 policymakers have soft-pedalled on goals to cut government debt in favour of a focus on growth and how to exit central bank stimulus with a minimum of turmoil, Russia's finance minister said on Saturday.
*Japan pressed on structural reforms. While the U.S. recovery is gaining traction, China's export motor is sputtering, Japan's bid to break out of deflation has not reached escape velocity, and demand in the euro zone is too weak to sustain a job-creating recovery.
*China allows banks to lend more cheaply. MOSCOW, July 19- The Group of 20 nations, wary of renewed market volatility, pledged on Friday to shift policy carefully and communicate clearly as they seek to chart a course to recovery.
An exodus of capital from Brazil, Russia, India, China and South Africa prompted by an expected scale-back in U.S. monetary stimulus has raised fears about the health of their economies, which are already losing some of their lustre.
MOSCOW, July 19- Following are key passages of the draft of a communique prepared for a meeting on Friday of finance ministers and central bankers from the Group of 20 economies in Moscow. This text, seen by Reuters, updates an earlier item with passages where the agreed wording is final. The phrase in square brackets remains subject to review:.
*China allows banks to lend more cheaply. MOSCOW, July 19- The Group of 20 nations, wary of renewed market volatility, stressed the need on Friday to shift policy carefully and communicate clearly as they seek to chart a course to recovery.
*China offers concession allowing banks to lend more cheaply. MOSCOW, July 19- The world's economic crisis response team grappled on Friday with the prospect of more market volatility resulting from the United States, China and Japan charting a course towards recovery.
*Fed stimulus withdrawal eyed, clarity sought from China. MOSCOW, July 19- The world's economic crisis response team grappled on Friday with the prospect of more market volatility resulting from powerhouses the United States, China and Japan charting a course towards recovery.
*Fed stimulus withdrawal eyed, clarity sought from China. Finance ministers and central bankers gathering in Moscow were otherwise focused on sharting a course towards global economic recovers, and seeking to calm financial markets worried about the impact of stimulus programes.
BRASILIA, July 19- Plans by the world's leading emerging economies to join forces to battle the latest bout of global financial turbulence could remain on the drawing board once again at the G20 meeting in Moscow this week.
*Fed stimulus withdrawal eyed, clarity sought from China. MOSCOW, July 19- The world's economic crisis response team will grapple with the prospect of more market volatility on Friday as finance ministers and central bankers gather in Moscow to chart a course towards recovery.
BEIJING/ WASHINGTON, July 17- China needs another round of "decisive measures" to make sure it continues its successful economic growth as its margins of safety are falling amid growing domestic problems, the International Monetary Fund said in its latest report.