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  • LONDON, Oct 6- The International Monetary Fund on Monday urged a rethink of how sovereign bonds should be structured to avoid future debt restructurings turning into a repeat of Argentina's disruptive court battle with a few disgruntled creditors. This follows a ruling by a U.S. court that two hedge funds not party to Argentina's debt restructuring were...

  • LONDON, Oct 6- Brent crude oil steadied above $92 a barrel on Monday after a week of sharp falls, as strong U.S. employment data and a rally in global stock markets pointed to stronger economic growth and higher demand for fuel. "It is no surprise to see the price stabilising after the massive sell-offs last week, but we won't see a hard price floor until OPEC indicates...

  • LONDON, Oct 6- Brent crude oil rose towards $93 a barrel on Monday after a week of sharp falls, as strong U.S. employment data and a rally in global stock markets pointed to stronger economic growth and higher demand for fuel. "It is no surprise to see the price stabilizing after the massive sell-offs last week, but we won't see a hard price floor until OPEC indicates...

  • LONDON, Oct 6- Brent crude oil steadied above $92 a barrel on Monday after a week of sharp falls, as strong U.S. employment data and a rally in Asian and European stock markets checked a downward trend. "It is no surprise to see the price stabilizing after the massive sell-offs last week, but we won't see a hard price floor until OPEC indicates that it will cut production,"...

  • DUBAI, Oct 6- The Yemeni government's deal with Houthi rebels is broadly in line with conditions of a loan provided by the International Monetary Fund, despite the rollback of some subsidy cuts, IMF managing director Christine Lagarde was quoted as saying. The IMF agreed in July to provide a $553 million loan to Yemen over the next three years after the government...

  • *World Bank cuts China 2014 growth forecast to 7.4 pct. *2015, 2016 forecasts for China, developing EAP also lowered. SINGAPORE, Oct 6- The World Bank cut its 2014-2016 growth forecasts for developing East Asia, noting that China was likely to slow due to policies aimed at putting the economy on a more sustainable footing, and it also cautioned of capital-flight...

  • WORLD BANK CUTS 2014 CHINA GROWTH FORECAST TO 7.4 PCT FROM 7.6 PCT PREVIOUSLY, 2015 FORECAST TO 7.2 PCT FROM 7.5 PCT.

  • WORLD BANK CUTS 2014 AND 2015 DEVELOPING EAST ASIA AND PACIFIC GROWTH FORECASTS TO 6.9 PCT FROM 7.1 PCT FOR BOTH YEARS.

  • WORLD BANK SAYS INDONESIA REMAINS RELATIVELY EXPOSED TO CAPITAL-FLOW REVERSALS DUE TO HIGH SHORT-TERM EXTERNAL FINANCING NEEDS.

  • WORLD BANK SAYS MAJOR NATIONWIDE HOUSE PRICE CORRECTION IN CHINA UNLIKELY.

  • *World Bank cuts China 2014 growth forecast to 7.4 pct. *2015, 2016 forecasts for China, developing EAP also lowered. SINGAPORE, Oct 6- The World Bank cut its 2014-2016 growth forecasts for developing East Asia and China, and cautioned of capital-flight risks to Indonesia while growth in China is seen slowing due to policy measures aimed at putting the economy on a...

  • BERLIN, Oct 5- The International Monetary Fund will cut its estimates for German economic growth in 2014 and 2015 to about 1.5 percent for each year because of the crises in Ukraine and the Middle East, weekly German magazine Der Spiegel said on Sunday. The IMF, which is due to publish the forecasts on Tuesday, predicted in July that Europe's largest economy would...

  • BERLIN, Oct 5- The International Monetary Fund will cut its estimates for German economic growth in 2014 and 2015 to around 1.5 percent for each year due to the crises in Ukraine and the Middle East, weekly German magazine Der Spiegel said on Sunday. In July the IMF predicted Europe's largest economy would expand by 1.9 percent this year and by 1.7 percent next year.

  • LONDON, Oct 5- World policymakers gather in Washington later this week to ponder how to sustain economic recovery at a time when the United States is about to turn off its money taps. Given the same G20 finance ministers and central bankers met in Australia only two weeks ago it is not hard to guess how the debate will go: most of the western world will urge the euro...

  • With Europe flirting with deflation, Japan not far from recession and a slowing economy in China, the world's No. 2 economy, there are worries the recovery from the deep 2007-2009 crisis is losing traction. A copy of the draft, which was obtained by Reuters, praised the World Bank for its response to the Ebola outbreak that has killed more than 3,400 people in West...

  • With Europe flirting with deflation, Japan not far from recession and a slowing economy in China, the world's No. 2 economy, there are worries the recovery from the deep 2007-2009 crisis is losing traction. A copy of the draft, which was obtained by Reuters, praised the World Bank for its response to the Ebola outbreak that has killed more than 3,400 people in West...

  • MOSCOW, Oct 4- Iran is not ready to replace Russia as a key gas supplier if sanctions against Tehran are removed, Itar-Tass news agency quoted Iranian President Hassan Rouhani as telling Russian TV channel Rossiya 1.. The European Union is quietly increasing the urgency of a plan to import natural gas from Iran, as relations with Tehran thaw while those with top...

  • BRUSSELS, Oct 3- The European Union is seeking to contain a new complaint that a trade deal with the United States would undermine Europe's protection against dangerous chemicals, eager to avoid another front of resistance to the world's biggest trade accord. In the United States, chemicals must be shown to be harmful to be banned. Some European public safety and...

  • BRUSSELS, Oct 3- Facebook, the world's most popular social network, gained European Union clearance on Friday for its proposed $19 billion takeover of mobile messaging startup WhatsApp in a deal setting it against the telecoms industry. WhatsApp is poised to become a potentially powerful rival to companies such as Deutsche Telekom, Orange and Telecom Italia...

  • WASHINGTON, Oct 2- The global economy could be stuck on a' new mediocre' growth path with high debt and unemployment unless policymakers open up labor markets, invest in infrastructure and reform fiscal policies, the head of the International Monetary Fund warned on Thursday. Speaking after European Central Bank President Mario Draghi announced a plan to buy...