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  • IMF: YEN'S VALUE ON REAL BASIS HAS STAYED BROADLY STABLE AFTER "SOMEWHAT WEAKER LEVEL" IN 2 ND HALF OF 2014.

  • TOKYO, May 22- The International Monetary Fund warned the Bank of Japan will take longer than it expects to hit its inflation target even with more monetary easing, and said "bolder" structural reforms are required to shake off an entrenched deflationary mindset. In a statement after "Article 4" consultations with Japanese policymakers released on Friday, the IMF...

  • IMF WARNS AGAINST USING' OVERLY OPTIMISTIC' ASSUMPTION ON FISCAL REFORM.

  • IMF CALLS ON KOREAN CENTRAL BANK TO CUT RATES IN EFFORT TO ENCOURAGE HOUSEHOLDS, BUSINESSES TO SPEND AND REVERSE "CASH HOARDING".

  • IMF SAYS KOREA FACES RISK OF PROTRACTED DEFLATION IF STALLED GROWTH AND WEAK PRICING CONTINUE TO CURB CONSUMER SPENDING AND BUSINESS INVESTMENT.

  • WASHINGTON, May 22- The current slowdown in South Korea's economy could devolve into a protracted bout of deflation, the International Monetary Fund warned on Friday, urging the country's central bank to cut rates. The IMF also said the Korean won remains undervalued, and should be allowed to rise over time. Korean rates are already at a historic low of 1.75...

  • IMF SAYS KOREAN CURRENCY REMAINS UNDERVALUED, SHOULD BE ALLOWED TO RISE OVER TIME.

  • This country's economy may shrink by 10% in 2015 Friday, 22 May 2015 | 8:34 AM ET

    Ukraine may have dropped out of the headlines but its economic troubles are worsening as it continues to battle with separatists—and bondholders.

  • MADRID— A judge overseeing the fraud and money laundering case involving former International Monetary Fund chief Rodrigo Rato has ordered him to put up 18 million euros as collateral to unblock his financial accounts. Rato headed the IMF from 2004 to 2007 and is a historic figure in Spain's ruling Popular Party, which has been hit hard by the case ahead of...

  • MOSCOW, May 21- The International Monetary Fund sees the Russian economy shrinking by 3.4 percent in 2015, a smaller contraction than previously forecast, but said the country's public finances faced big longer-term challenges because of low oil prices. Russia's economy was tipped into crisis last summer when an existing slowdown was compounded by a sharp...

  • IMF upgrades Russia growth outlook Thursday, 21 May 2015 | 10:31 AM ET

    MOSCOW— The International Monetary Fund predicts a less severe recession for Russia and says the country's economy will return to growth in a "mild recovery" next year. Following a recent staff visit to Russia, the IMF says in a statement that it now predicts a 3.4 percent contraction in GDP this year and says "growth should resume" in 2016.. On Thursday, the IMF did not...

  • ECB ups Greek bank emergency funding by 200M euros Wednesday, 20 May 2015 | 6:16 PM ET
    A Greek flag flies behind a statue to European unity outside the EU Parliament in Brussels, Belgium, May 20, 2015.

    The European Central Bank raised emergency funding for Greek banks by 200 million euros, a source told Reuters.

  • GLOBAL MARKETS-Greek warning knocks euro, stocks steady Wednesday, 20 May 2015 | 1:12 PM ET

    *Greece won't make June 5 IMF repayment without deal-official. Treasuries inched up on safe-haven buying caused by worries that Greece may be unable to make a 300 million euro repayment to the International Monetary Fund on June 5 unless foreign lenders distribute more aid. The Greek parliamentary speaker said Athens will not make the June 5 payment unless it...

  • GLOBAL MARKETS-Euro slips on Greek worries, stocks steady Wednesday, 20 May 2015 | 11:38 AM ET

    *Greece won't make June 5 IMF repayment without deal-official. Treasuries inched up on safe-haven buying caused by worries that Greece may be unable to make a 300 million euro repayment to the International Monetary Fund on June 5 unless foreign lenders distribute more aid. The Greek government's parliamentary speaker said on Wednesday that Athens will not...

  • Creditors to help Cyprus with foreclosures, bankruptcies Wednesday, 20 May 2015 | 11:14 AM ET

    NICOSIA, Cyprus— Bailed-out Cyprus' international creditors say they will help the country implement insolvency and foreclosure laws which they see as essential for banks to deal with their massive burden of bad loans. The International Monetary Fund, the European Commission and the European Central Bank say additional actions, such as new laws easing the...

  • *Greece mulls banking transaction tax- sources. ATHENS, May 20- Greece cannot make an upcoming payment to the International Monetary Fund on June 5 unless foreign lenders disburse more aid, a senior ruling party lawmaker said on Wednesday, the latest warning from Athens it is on the verge of default. Talks between Greece and its lenders have foundered on Athens'...

  • IMF says Gaza reconstruction moving slowly Wednesday, 20 May 2015 | 7:27 AM ET

    GAZA CITY, Gaza Strip— The reconstruction of the Gaza Strip is going "far more slowly than expected" after a devastating war between Israel and the Hamas militant group last year, the International Monetary Fund said this week. The pledges were made at an international conference in Cairo after the end of the 50- day war last summer between Israel and Gaza's Hamas...

  • LONDON, May 20- The euro slid to a two-week low and a rally in European shares stalled on Wednesday after a Greek official said the country may not make an upcoming repayment to the International Monetary Fund. "With Greek government liquidity particularly tight and reports suggesting the IMF payment on June 5th is under question, then we expect further turmoil...

  • LONDON, May 20- The euro slid to a two-week low and a rally in European shares stalled on Wednesday after a Greek official said the country may not make an upcoming repayment to the International Monetary Fund. The pause in European shares mirrored the sticky performance of Asian bourses, although the Nikkei in Tokyo jumped to a 15- year high after Japan posted...

  • Greece faces June 5 default without bailout deal Wednesday, 20 May 2015 | 3:09 AM ET

    ATHENS, Greece— Greece will not be able to repay a loan to the International Monetary Fund early next month unless a deal is reached with its creditors to unblock bailout funds, the governing party's parliament spokesman said Wednesday. Greece's new government has been struggling for four months to agree on reforms that creditors require in return for the...