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  • *China official PMI at 3- year low; Markit reading at 6-1/ 2 yr low. LONDON, Sept 1- China's giant manufacturing industry contracted and euro zone and U.S. growth eased in August in data published on Tuesday, while the International Monetary Fund cut its forecast for world growth this year. "It's all consistent with a global economy which clearly is struggling to make...

  • *China official PMI at 3- year low; Markit reading at 6-1/ 2 yr low. LONDON, Sept 1- China's giant manufacturing industry contracted and euro zone and U.S. growth eased in August in data published on Tuesday, while the International Monetary Fund cut its forecast for world growth this year. "It's all consistent with a global economy which clearly is struggling to make...

  • Speaking in a lecture at the University of Indonesia, Lagarde said the global economic situation will have a significant impact on developing countries, including Indonesia. She said Indonesia, like many emerging market economies, is being buffeted by another bout of global financial turbulence. The rupiah, Indonesia's currency, has fallen beyond 14,000 per...

  • Sept 1- U.S. stock index futures fell sharply on Tuesday after weak data from China heightened fears of a slowdown in the world's second-largest economy. *Adding to the nervous sentiment, the head of the International Monetary Fund, Christine Lagarde, said that global economic growth was now likely to be weaker than had been expected just a few months ago.

  • JAKARTA, Sept 1- Indonesia has never been more prepared to handle global economic uncertainty, stemming from concerns like China's slowdown and depressed commodity prices, the head of the International Monetary Fund said on Tuesday. "We at the IMF are convinced that Indonesia is better prepared than ever before to face global economic headwinds," IMF Managing...

  • JAKARTA, Sept 1- Global economic growth is likely to be weaker than earlier expected, the head of the International Monetary Fund said on Tuesday, due to a slower recovery in advanced economies and a further slowdown in emerging nations. IMF Managing Director Christine Lagarde also warned emerging economies like Indonesia to "be vigilant for spillovers" from...

  • JAKARTA, Sept 1- Global economic growth is likely to be weaker than earlier expected, the head of the International Monetary Fund said on Tuesday, due to a slower recovery in advanced economies and a further slowdown in emerging nations. IMF Managing Director Christine Lagarde also warned emerging economies like Indonesia to "be vigilant for spillovers" from...

  • Actions louder than words: Fisher Monday, 31 Aug 2015 | 4:14 PM ET
    Actions louder than words: Fisher

    Richard Fisher, fmr. Dallas Fed president, says a raise in rates should occur in September and forecasts whether that's likely to happen.

  • *IMF always believed Greece's debt was unsustainable. WASHINGTON/ ATHENS, Aug 28- Many of the top brass of the International Monetary Fund always had concerns about the plans to bail out Greece. He slammed IMF forecasts for Greece as overly optimistic- "Panglossian."

  • Ukraine jumps big hurdle in fight for its economy Thursday, 27 Aug 2015 | 11:49 AM ET
    People queue up for a tram in a shopping area in Donetsk, Ukraine.

    Ukraine reached a deal with creditors to restructure its debt—a key requirement for the country to continue getting support from the IMF.

  • WASHINGTON, Aug 27- The International Monetary Fund on Thursday urged all investors holding Ukrainian sovereign bonds denominated in euros to embrace a debt relief deal struck earlier in the day between Kiev and a committee of creditors. "We welcome today's agreement," IMF Managing Director Christine Lagarde said in a statement, adding that the deal could help...

  • IMF official says "premature" to speak of Chinese crisis Saturday, 22 Aug 2015 | 10:19 AM ET

    RIMINI, Italy, Aug 22- China's economic slowdown and a sharp fall in its stock market herald not a crisis but a "necessary" adjustment for the world's second biggest economy, a senior International Monetary Fund official said on Saturday. Fresh evidence of easing growth in China hammered global stock markets on Friday, driving Wall Street to its steepest one-day...

  • NEW YORK, Aug 21- Colombia slashed its gold holdings by two-thirds last month, adjusting its reserves for the first time in years, as spot prices sank in a bullion rout, International Monetary Fund data showed on Friday. The reason for and timing of the move are not known, but it came as institutional and speculative investors pulled more cash en masse from...

  • China's not done with yuan devaluation yet: Pro Wednesday, 19 Aug 2015 | 6:21 PM ET
    China's not done with yuan devaluation yet: Pro

    Kathy Lien, managing director of FX Strategy at BK Asset Management, outlines the three goals that will likely motivate Beijing to weaken the yuan further.

  • WASHINGTON, Aug 19- The International Monetary Fund said on Wednesday it will freeze its benchmark currency basket until October 2016, giving markets more time to adjust to the possible addition of China's yuan as part of a review of global reserve currencies. Beijing, keen for its currency to have equal billing with the euro, yen, pound and dollar, has been pushing...

  • WASHINGTON, Aug 19- The International Monetary Fund said on Wednesday it will freeze its benchmark currency basket until October 2016, giving markets more time to adjust to the possible addition of China's yuan as part of a review of global reserve currencies. Beijing, keen for its currency to have equal billing with the euro, yen, pound and dollar, has been pushing...

  • IMF ‘indispensable’ to Greek bailout : German Fin Min

    German Finance Minister Wolfgang Schaeuble says that for the Eurogroup, IMF participation in the Greek bailout is indispensable.

  • The complicated China adjustment Monday, 17 Aug 2015 | 10:12 AM ET
    The complicated China adjustment

    An IMF official said the yuan reforms may bring China "close" to a floating rate. Markus Rodlauer, IMF's mission chief for China, explains the economic adjustment happening in China.

  • BERLIN, Aug 17- Leaders of Chancellor Angela Merkel's German conservatives largely support Greece's new bailout plan before a parliamentary vote this week, but top party officials want the IMF to take part, sources involved in party talks on Monday said. A German Finance Ministry official also described involvement by the International Monetary Fund as "...

  • Must coordinate with IMF on Greece: Merkel Monday, 17 Aug 2015 | 1:10 AM ET
    Must coordinate with IMF on Greece: Merkel

    German Chancellor Angela Merkel says she expects the IMF will be involved in the Greek bailout package.