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  • GENEVA, Oct 6- Liberia agreed terms to join the World Trade Organization with the body's existing 161 members on Tuesday, clearing the final negotiating hurdle in time for ministers to rubber-stamp the deal at a meeting in December, the WTO said. Liberia has been ravaged by the Ebola epidemic over the past 18 months, spurring the effort by the WTO and Liberia's...

  • UNITED NATIONS, Oct 6- U.N. Secretary-General Ban Ki- moon was shocked by allegations that John Ashe, a former president of the United Nations General Assembly, took more than $1.3 million in bribes, Ban's spokesman said on Tuesday. "The secretary-general was shocked and deeply troubled to learn this morning of the allegations against John Ashe, the former...

  • *Russia, Saudi to keep consulting on oil market- minister. *OPEC, non- OPEC should work jointly against oversupply- Badri. NEW YORK, Oct 6- Crude prices hit one-month highs on Tuesday after a new U.S. forecast showed tighter oil supplies next year, while and Russia, Saudi Arabia and other big producers hinted at further talks to support the market.

  • *Russia, Saudi to keep consulting on oil market- minister. *OPEC, non- OPEC should work jointly against oversupply- Badri. NEW YORK, Oct 6- Crude prices jumped about 5 percent on Tuesday after No. 1 oil consumer the United States cut global output forecasts and Russia, Saudi Arabia and other big producers signaled joint action to support the market.

  • Oct 6- The S&P and the Nasdaq fell on Tuesday morning as worries about economic growth resurfaced at U.S. companies begin to report quarterly results, while a surge in DuPont helped the Dow move higher. DuPont rose 11.1 percent to $56.96 after CEO Ellen Kullman said she would step down. The International Monetary Fund cut its global growth forecasts for a second...

  • NEW YORK, Oct 6- Global oil demand will grow by the most in six years in 2016 while non- OPEC supply stalls, according to a monthly U.S. energy report that suggests a surplus of crude is easing more quickly than expected. Demand is expected to rise 270,00 bpd to 95.2 million barrels a day, up 0.3 percent from September's forecast due in part to an outlook for stronger...

  • *OPEC, non- OPEC should work jointly against oversupply- Badri. NEW YORK, Oct 6- Crude prices jumped about 4 percent on Tuesday after No. 1 oil consumer the United States cut output forecasts and Russia, Saudi Arabia and other big producers signaled joint action to support the market. "We have reduced the probability of a return to the $37- 38 area per nearby WTI," said Jim...

  • The International Monetary Fund cut its global growth forecasts for a second time this year on Tuesday, citing weak commodity prices and a slowdown in China and said policies aimed at increasing demand were needed. It, however, underperformed the euro, weighed down by soft economic data that have pushed back market expectations of monetary tightening by the...

  • TAKE A LOOK -IMF, World Bank meetings in Lima Tuesday, 6 Oct 2015 | 10:43 AM ET

    Finance ministers and central bankers from around the world are gathering in Lima this week for meetings of the International Monetary Fund and the World Bank. >IMF cuts global growth forecasts again, cites commodity and China worries. >IMF sees China slowdown risks, urges Beijing to float yuan.

  • BEIJING, Oct 6- China's policymakers should forge ahead with structural reforms to put the world's second-largest economy on a more sustainable footing, even as growth is likely to slow further to 6.3 percent in 2016, the International Monetary Fund said on Tuesday. The IMF expects China's growth to slow to 6.8 percent this year from 7.3 percent in 2014, and...

  • LIMA, Oct 6- The International Monetary Fund cut its global growth forecasts for a second time this year on Tuesday, citing weak commodity prices and a slowdown in China and warned that policies aimed at increasing demand were needed. Among major economies, the United States is expected to grow by 2.6 percent in 2015 and by 2.8 percent in 2016, the Eurozone is...

  • IMF SAYS FLOATING YUAN WOULD HELP CHINA ECONOMY ADJUST TO EXTERNAL SHOCKS.

  • LIMA, Oct 6- The International Monetary Fund said Tuesday that it now expects Latin America's economy to shrink 0.3 percent this year instead of growing 0.5 percent, largely due to a steep recession in Brazil and slumping commodity prices. The IMF had put 2016 growth at 1.7 percent in its last forecast in July, before regional giant Brazil's economy took a sharp...

  • IMF EXPECTS CHINA ECONOMY TO GROW 6.8 PCT IN 2015, 6.3 PCT IN 2016, UNCHANGED FROM EARLIER FORECAST.

  • TOKYO, Oct 6- The Bank of Japan should be ready to ease monetary policy further if needed to accelerate inflation toward its 2 percent target, preferably by buying government bonds with longer maturity, the International Monetary Fund said on Tuesday. Japan's core consumer prices in August marked their first annual drop since the central bank deployed its...

  • *Russia, Saudi met to discuss oil market- minister. *OPEC, non- OPEC should work jointly against oversupply-Badri. "The market is possibly moving on speculation that OPEC and non- OPEC countries will find an agreement to cooperate," said Carsten Fritsch, senior oil analyst at Commerzbank in Frankfurt.

  • *Urges non- OPEC countries to help tackle surplus. Non- OPEC countries invited to technical meeting on Oct. 21. LONDON, Oct 6- OPEC sees the oil market improving because of higher demand for the group's crude and a drop in supply growth from non-members, its secretary-general said, the latest sign that OPEC believes its strategy of defending market share is working.

  • *Russia, Saudi met to discuss oil market- minister. *OPEC, non- OPEC should work jointly against oversupply-Badri. "The market is possibly moving on speculation that OPEC and non- OPEC countries will find an agreement to cooperate," said Carsten Fritsch, senior oil analyst at Commerzbank in Frankfurt.

  • *Russia, Saudi met to discuss oil market- minister. *OPEC, non- OPEC should work jointly against oversupply-Badri. "The move is mainly down to profit-taking at this point," said Hans van Cleef, senior energy economist at ABN Amro in Amsterdam.

  • LUXEMBOURG, Oct 6- European Union finance ministers agreed on Tuesday to automatically exchange information on tax deals their governments strike with multinational companies, in a bid to clamp down on aggressive tax avoidance. The deal follows years of controversy over methods used by big corporations to minimise their tax bills: EU competition...