WASHINGTON— The executive board of the International Monetary Fund expressed confidence Friday in IMF Managing Director Christine Lagarde after receiving a briefing on a French corruption probe in which Lagarde is being investigated.» Read More
WASHINGTON, March 28- The European Union is seeking to insulate its probe of Russia's gas export monopoly, Gazprom, which is suspected of anti-competitive behavior, from larger concerns about Russia's seizure of Ukraine's Crimean peninsula, Europe's top antitrust enforcer said on Friday.
KIEV, March 28- The International Monetary Fund and Ukraine are discussing disbursement of $3 billion in the first tranche of a $14- 18 billion bailout package, Ukraine's finance minister said on Friday.
At the Reuters ASEAN Summit, two of the country's largest companies, Siam Cement PCL and Charoen Pokphand Foods PCL, outlined growth strategies that are now firmly focused outside their home country.
PARIS, March 28- The combined debt burden of the biggest developed economies will surpass this year record levels seen at the end of World War II, adding pressure on governments as they roll over post-crisis debts, the OECD said on Friday.
*IMF has resumed links; World Bank, EU and others to follow. ANTANANARIVO, March 27- Madagascar's finance minister on Thursday forecast its economy could grow by 3 percent this year and hit 12 percent in five years' time following peaceful elections on the Indian Ocean island, whose economy is still reeling from a coup in 2009..
KIEV/ MOSCOW, March 27- Ukraine won a $27- billion international financial lifeline on Thursday, rushed through in the wake of Russia's annexation of Crimea, while Moscow's economy minister acknowledged that his country's growth would slow dramatically as funds flee abroad.
WASHINGTON, March 27- The International Monetary Fund, which on Thursday approved a new aid package for Ukraine, said it does not see a need to restructure the country's debt at this time. "We've consulted widely in Ukraine across the political spectrum," he said. "
GENEVA, March 27- China lost its bid to overturn U.S. legislation targeting unfair trade subsidies on Thursday, its second defeat in a World Trade Organization dispute within 24 hours. "The WTO report preserves the ability of the United States to remedy unfair subsidies and dumping by China, for the benefit of American businesses and workers."
*Brussels hopes softening rules can boost money flow. LONDON/ BRUSSELS, March 26- The European Union will loosen rules on selling securitised debt, the bloc's regulatory chief said on Thursday, giving a second chance to products that triggered the worst financial crisis in a generation.
GENEVA, March 27- China lost its bid to overturn U.S. legislation targeting unfair trade subsidies on Thursday, its second defeat in a World Trade Organization dispute within 24 hours. A WTO dispute panel threw out China's claim that the U.S. "Public Law 112-99", signed by President Barack Obama in March 2012, broke world trade rules.
KIEV, March 27- The International Monetary Fund has agreed a $14- 18 billion two-year bailout for Ukraine, a deal to help it recover from months of turmoil that will also unlock further credits making a total of $27 billion.
UKRAINE'S YATSENIUK SAYS IF IMF-DEMANDED AUSTERITY MEASURES ARE NOT ADOPTED, GDP COULD FALL 10 PCT IN 2014 AND THE ECONOMY COULD DEFAULT.
KIEV, March 27- The International Monetary Fund said on Thursday it had agreed a $14- 18 billion stand-by agreement with Ukraine. An International Monetary Fund mission worked in Kyiv during March 4-25, to assess the current economic situation and discuss the authorities' economic reform program that could be supported by the IMF.
IMF SAYS EXECUTIVE BOARD EXPECTED TO CONSIDER UKRAINE AGREEMENT IN APRIL.
KIEV, March 27- The International Monetary Fund said on Thursday it had agreed a $14- 18 billion stand-by agreement with Ukraine, a deal that will unlock further credits to reach a total of $27 billion over the next two years.
REUTERS SUMMIT-SIAM CEMENT SEES 7-8 PCT ANNUAL ASEAN DEMAND GROWTH.
REUTERS SUMMIT-SIAM CEMENT EXPECTS ASEAN SALES TO MAKE UP 30 PCT OF TOTAL IN 5 YEARS.
KIEV, March 26- The International Monetary Fund concluded talks with Ukrainian officials on Wednesday, and was likely to announce an aid deal on Thursday for Kiev to help plug the government's budget gap and put its economy on a growth track.
REUTERS SUMMIT-BLACKROCK PICKS PHILIPPINES, INDONESIAN SHARES AS TOP ASEAN BETS.