GO
Loading...

Enter multiple symbols separated by commas

World Economy International Organizations

More

  • LONDON, June 24- German Bund yields dipped on Wednesday as the market turned cautious before key negotiations on a cash-for-reform deal with Greece, even as an agreement has looked increasingly likely in recent days. Greek Prime Minister Alexis Tsipras is due to meet European Central Bank President Mario Draghi, the head of the International Monetary Fund...

  • WASHINGTON, June 23- U.S. and Chinese officials on Tuesday discussed Beijing's bid to have the yuan included in the International Monetary Fund's basket of currencies, a senior Treasury official said. The IMF is currently reviewing whether the yuan is both widely used internationally and freely usable, criteria for its inclusion in the Special Drawing Rights...

  • NEW YORK, June 23- U.S. stocks ended with slight gains on Tuesday, with the Nasdaq eking out another record close while investors continued to await clarity on whether Greece could reach a deal to prevent defaulting on its loans. Greece needs fresh funds to avoid defaulting on a $1.8 billion debt repayment to the International Monetary Fund on June 30.

  • BANGKOK, June 23- Veerathai Santiprabhob, a former International Monetary Fund economist, emerged on Tuesday as the front runner to takeover as governor of the Bank of Thailand once the current central bank chief steps down in September. Veerathai was formerly an executive at the Stock Exchange of Thailand and Siam Commercial Bank. Earlier, he had worked for the...

  • LONDON, June 22- The United States and the European Union face a major challenge to achieve a free trade deal before President Barack Obama's term of office ends in January 2017, the EU's ambassador to the United States said on Monday. David O'Sullivan, a former trade negotiator who is now the EU's ambassador to the United States, said a deal within the lifetime of...

  • MERKEL SAYS HOPES EU LEADERS ON THURSDAY ONLY HAVE TO TAKE NOTE OF EUROGROUP AGREMENT WITH GREECE.

  • MERKEL SAYS ALL EU LEADERS STRONGLY BACKED COMMITMENTS TO REACH A DEAL ON GREECE.

  • *Gold drops, oil ends up. Gold prices fell as global equities jumped. Greece is running out of cash to repay a 1.6 billion euro International Monetary Fund loan due at the end of the month unless it secures new financing from international creditors.

  • BRUSSELS, June 22- Greece's European creditors are playing a game of pass-the-parcel about who should stump up the money to avert a default at the end of June if Athens clinches a last-gasp deal this week on a package of reforms to unlock frozen bailout funds. Greece must repay the International Monetary Fund 1.6 billion euros by June 30 or be declared in default,...

  • *Russia denies seeking confrontation over Ukraine. MUENSTER, Germany, June 22- The United States said on Monday it would contribute special operations forces, intelligence and other high-end military assets to a new NATO rapid response force that aims in part to deter any future actions by Russia. Russia's intervention over Ukraine has put NATO allies in...

  • LONDON, June 22- A committee of Ukraine's bondholders said on Monday that a debt restructuring plan proposed by Kiev was based on IMF estimates that were not yet publicly available, adding it hoped to meet with the Fund and Ukraine's government soon. Ukraine is negotiating with foreign bondholders to restructure $23 billion of debt as part of a broader...

  • *Euro zone summit to discuss Greece at 1700 GMT. ATHENS/ BRUSSELS, June 22- A new Greek offer for a cash-for-reforms deal raised hopes of an agreement as euro zone leaders prepared for an emergency summit on Monday, with EU officials welcoming the proposals as a "good basis for progress" to avert a default by Athens. In Brussels, European Union officials said Greece is...

  • LONDON, June 22- Oil prices rose above $63 a barrel on Monday in response to new proposals from Greece that the European Union welcomed as a basis for progress at talks to try to stave off a default that could cause turmoil in financial markets. Brent crude for August delivery was up 30 cents at $63.32 a barrel by 0822 GMT, after falling nearly 2 per cent on Friday over...

  • *Greece makes new offer to creditors. BRUSSELS/ ATHENS, June 22- The European Union welcomed new proposals from Greek Prime Minister Alexis Tsipras as a "good basis for progress" at talks on Monday where creditors want 11th- hour concessions to haul Athens back from the brink of bankruptcy. EU chief executive Jean-Claude Juncker's chief-of-staff spoke of a "...

  • EU report proposes EU-wide deposit insurance by 2017 Sunday, 21 Jun 2015 | 3:00 PM ET

    BRUSSELS, June 21- European Union savers should have their deposits guaranteed against a bank default by an EU-wide guarantee that would complement by mid-2017 existing national schemes, the presidents of five EU institutions proposed in a report to be published on Monday. EU states are already obliged to protect bank deposits up to 100,000 euros, but with...

  • MILAN, June 21- Greece has presented new proposals to its creditors as it tries to stave off the risk of a debt default, French President Francois Hollande said on Sunday. "Greece sent to the European Commission, and I think to the institutions- that is the International Monetary Fund and the European Central Bank- its new proposals," Hollande said during a press...

  • DIARY- Emerging Markets Economic Events to July 3 Friday, 19 Jun 2015 | 8:02 PM ET

    JERUSALEM- Bank of Israel announces rate decision- 1300 GMT. BUDAPEST- Central Bank of Hungary holds rate-setting meeting. PARIS- Launch of the OECD business and finance outlook.

  • BISMARCK, N.D., June 19- OPEC's decision this month to maintain existing oil output will fail to push rival producers out of the market because rising global crude demand should soon lift prices and boost drilling activity, North Dakota Governor Jack Dalrymple said. Since November, the Saudi Arabian-led cartel has held to a policy of unconstrained output, an...

  • FOREX-Greece debt fears sting euro, steady dollar Friday, 19 Jun 2015 | 3:43 PM ET

    NEW YORK, June 19- The euro declined against other major currencies on Friday, weighed down by anxieties Greece may soon default on debts that also drove safe-haven buying of the dollar. Greece is days away from potentially missing debt repayments of 1.6 billion euros to the International Monetary Fund, and investors are looking to an emergency meeting next...

  • FOREX-Euro slips on Greek debt fears, dollar gains Friday, 19 Jun 2015 | 11:19 AM ET

    NEW YORK, June 19- The euro fell against other major currencies on Friday, weighed down by anxieties that Greece may soon default on debts that also drove safe-haven buying of the dollar. Greece is days away from potentially missing debt repayments of 1.6 billion euros to the International Monetary Fund, and investors are looking to an emergency meeting next...