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  • TOKYO— Asian economies will lead world growth in 2015, expanding at a 5.6 percent pace that is level with last year, as recoveries in India and Japan help to offset the slowdown in China, the IMF said in a report Thursday. On a broader scale, the IMF report said its estimates show lower oil prices could help boost global growth by 0.3 percentage points to 0.7...

  • WASHINGTON, May 6- Federal Reserve Chair Janet Yellen on Wednesday said the central bank is prepared to take further action to make the financial system safer, in a warning to the banking industry and non-bank lenders. In prepared remarks at the " Finance and Society" conference held at the International Monetary Fund, Yellen outlined the contributions of the...

  • WASHINGTON, May 6- Federal Reserve Chair Janet Yellen on Wednesday said the central bank is prepared to take further action to make the financial system safer. In prepared remarks at the International Monetary Fund, Yellen outlined the contributions of the banking system to society and the economy. But Yellen quickly turned her speech to the distorted system...

  • DIARY- Emerging Markets Economic Events to May 18 Tuesday, 5 May 2015 | 8:02 PM ET

    WASHINGTON- Federal Reserve Chair Janet Yellen and International Monetary Fund Managing Director Christine Lagarde participate in " Finance and Society" conversation before the Institute for New Economic Thinking Conference on Finance and Society hosted by the IMF- 1315 GMT. BUDAPEST- Central bank of Hungary publishes April policy meeting- 1200 GMT.

  • DIARY- Top Economic Events to May 18 Tuesday, 5 May 2015 | 8:01 PM ET

    WASHINGTON- Federal Reserve Chair Janet Yellen and International Monetary Fund Managing Director Christine Lagarde participate in " Finance and Society" conversation before the Institute for New Economic Thinking Conference on Finance and Society hosted by the IMF- 1315 GMT. WASHINGTON- Federal Reserve Bank of Kansas City President Esther George...

  • European shares drop as Athens bourse slides Tuesday, 5 May 2015 | 12:57 PM ET

    Athens' benchmark ATG equity index fell 3.9 percent on worries over a deadlock in Greece's attempts to strike a deal with its international creditors. Greece stepped up diplomatic efforts with its euro zone partners on Tuesday to avoid running out of money this month, when it must make a big debt repayment to the International Monetary Fund as cash reserves dry...

  • European shares fall as Greek stocks slide Tuesday, 5 May 2015 | 9:38 AM ET

    LONDON, May 5- European shares fell on Tuesday as renewed worries over Greece weighed on the region's stock markets. Greece stepped up diplomatic efforts with its euro zone partners on Tuesday to avoid running out of money this month, when it must make a big debt repayment to the International Monetary Fund as cash reserves dry up. Talks continued with the IMF,...

  • BERLIN, May 5- German Finance Minister Wolfgang Schaeuble said on Tuesday that the International Monetary Fund had warned recently that Greek's financial situation was worsening but denied that it was insisting on further debt relief. Speaking to the foreign press association in Berlin, Schaeuble refuted reports that IMF official Poul Thomsen had told...

  • *Athens' ATG index down 3 pct as debt worries weigh. Traders cited concerns that the International Monetary Fund may cut a funding lifeline to Greece unless its European partners accept more debt writedowns as weighing on the Greek market, with Greek bond yields also rising. Nevertheless, many traders still said new economic stimulus measures from the European...

  • A lasting deal to give Greece more cash, however, wasn't expected by May 11, when the eurozone finance ministers will meet next. In the meantime, Greece will have to scrounge for cash to make a 750 million-euro repayment to the International Monetary Fund the following day. "That is the signal that everyone is waiting for, both in Greece and by its partners."

  • LONDON, May 5- Greek bond yields rose on Tuesday on reports that the International Monetary Fund may cut a funding lifeline to Greece unless its European partners accept more debt writedowns. The warning, reported in the Financial Times to have been made by the IMF's European head, Poul Thomsen, to euro zone finance ministers at their meeting in Riga last month,...

  • DUBAI, May 5- Iraq has requested financial assistance from the International Monetary Fund and agreement may be reached within weeks on a loan of about $800 million, a senior IMF official said. Aid from the IMF could ease the pressure and by increasing investor confidence, help Iraq raise money from other sources. An RFI is a facility created by the IMF to provide...

  • Greece to lobby EU, ECB for swift loan payout Monday, 4 May 2015 | 4:11 AM ET

    BRUSSELS— Greece made progress with its creditors over the weekend on how to stave off bankruptcy, official said Monday, despite complaints in Athens that the International Monetary Fund is pushing the cash-strapped country too hard over labor reforms. Officials in Brussels and the Greek capital said negotiations between Greece and the so-called Brussels...

  • May 3- The International Monetary Fund is close to declaring China's yuan fairly valued for the first time in more than a decade, the Wall Street Journal reported on Sunday. The IMF's reassessment of the yuan is set to be made official in its reports on China's economy due in the coming months, the Wall Street Journal reported. "On the exchange rate, last year, 2014, our...

  • May 3- The International Monetary Fund is close to declaring China's yuan fairly valued for first time in more than a decade, the Wall Street Journal reported on Sunday.

  • *Greece could miss upcoming IMF, ECB payments without aid. LONDON, May 1- Most top credit rating agencies say they would not cut Greece's rating to default if it misses a payment to the International Monetary Fund or European Central Bank, a stance that could keep vital ECB funding flowing into the financial system. Greece owes nearly 1 billion euros to the IMF in May...

  • UPDATE 1-IMF says next Greek payment to Fund due May 6 Thursday, 30 Apr 2015 | 10:51 AM ET

    WASHINGTON, April 30- Greece's next payment to the International Monetary Fund, totaling some 200 million euros in interest payments, is due May 6 because of the May Day holiday in Greece, an IMF spokesman said on Thursday. He said the Fund did not have a "detailed" assessment of Greece's liquidity situation and hopes to get more information in the course of talks...

  • Greek bailout talks to stretch into weekend Thursday, 30 Apr 2015 | 7:00 AM ET

    The creditors have for three months been trying to get Greece to agree to a list of budget measures before they accept to pay it the remaining 7.2 billion euros installment of its bailout program. Without the money, Greece is not sure to be able to meet a repayment to the International Monetary Fund on May 12 worth some 750 million euros. In Brussels, EU Commission...

  • Dollar slides to 8-week low; traders eye Fed Tuesday, 28 Apr 2015 | 4:36 PM ET
    Dollar Euro

    The dollar dropped to an eight-week low after a weak U.S. consumer confidence report.

  • LONDON, April 27- Greek two-year government bond yields dropped around 250 basis points on Monday after Athens reshuffled its team handling talks with European lenders and the International Monetary Fund. "The Eurogroup meeting in Riga showed Varoufakis was more or less isolated and it seems that Tsipras has understood that," said Felix Herrmann, a market...