WASHINGTON, Feb 13- China's economy is expected to remain resilient in the medium- to long-term, although the shorter term impact of the fast-moving coronavirus remains unclear, the International Monetary Fund said on Thursday. Concerns about the virus spiked again on Thursday after the Chinese province at the centre of the outbreak reported a record rise in...
BRUSSELS, Feb 13- European Union finance ministers will warn their counterparts from the world's most industrialised nations they should get ready to face a potentially large global slowdown, an EU document seen by Reuters says. The warning adds to concerns over the impact of the coronavirus outbreak in China whose death toll spiked on Thursday after a new...
The opening up of Saudi Arabia's tourism sector will boost the country's growth outlook and protect the economy from a slew of rising external risks, according to Ahmed Alkholifey, governor of the Saudi Arabian Monetary Authority.
WASHINGTON, Oct 22- President Donald Trump's G7 and trade adviser, Kelly Ann Shaw, is leaving his administration for a position in the private sector, White House officials said on Tuesday, marking the departure of one of the most senior women on the president's economic team. Shaw succeeded Clete Willems as deputy assistant to the president for international...
*Stablecoins pose' serious' regulatory risks- G20. WASHINGTON, Oct 18- Group of 20 finance leaders on Friday agreed to set strict regulations on cryptocurrencies such as Facebook's Libra, warning that issuance of such "stablecoins" should not be allowed until various global risks they pose have been addressed. Bank of Japan Governor Haruhiko Kuroda said the G20...
*Stablecoins pose' serious' regulatory risks- G20. WASHINGTON, Oct 18- Group of 20 finance leaders on Friday agreed to set strict regulations on cryptocurrencies such as Facebook's Libra, warning that issuance of such "stablecoins" should not be allowed until various global risks they pose are addressed. Bank of Japan Governor Haruhiko Kuroda said the G20 will...
*IMF warns of heightening risks to fast-growing Asia. The International Monetary Fund also said the U.S.- China trade war and slumping Chinese demand were heightening risks to Asia, the world's fastest-growing region, adding to signs of a darkening global outlook. "Headwinds from global policy uncertainty and growth deceleration in major trading partners...
"Right now we're having principal-level calls and to the extent that it makes sense for us to set up in-person meetings, I would anticipate that we would be doing that," U.S. Treasury Secretary Steven Mnuchin told Reuters.
U.S. President Donald Trump can either be a "tariff president" or a "two-term president," a public policy expert said Tuesday.
Gold slid as much as 2% on Friday and was set for its first weekly fall in seven weeks after data showed U.S. jobs growth rebounded strongly in June, which lowered the likelihood of an interest rate cut by the Federal Reserve this month.
The dollar slipped to a one-week low against the Japanese yen on Wednesday, undermined over the China-U.S. trade deal, and the possibility of fresh tariff hostilities with Europe.
President Donald Trump said he agreed to allow Huawei to purchase U.S. products and China will buy "large amounts" of American farm produce.
Jing Ulrich of J.P. Morgan Chase says agreement between the U.S. and China to hold off on more tariffs has temporarily removed one uncertainty facing the global economy.
Ben Harburg of MSA Capital says "huge amounts" of capital and talent are going to be "thrown at" building a parallel technology ecosystem in China that doesn't depend on U.S. chips.
Chinese stocks rose after U.S. President Donald Trump and Chinese President Xi Jinping agreed at the G-20 summit to pause the trade war.
Meredith Sumpter of Eurasia and John Rutledge of Safanad join CNBC's "Power Lunch" team to break down what to expect out of President Trump's meeting with Chinese president Xi Jinping about trade.
Asked by a reporter whether President Trump would raise the issue during a bilateral meeting with Putin, the U.S. president said: "Yes, of course I will." Trump then turned to Putin to give the directive twice while pointing at the Russian leader. Putin maintained a smile as the remark was interpreted for him.
A meeting between President Donald Trump and Turkish President Recep Tayyip Erdogan will likely result in sanctions, with the two nations on a "collision course" over geopolitical issues, an emerging markets analyst told CNBC.
Rebecca Harding, CEO of Coriolis Technologies, discusses Russian President Vladimir Putin's comments to the Financial Times that Western liberalism has "become obsolete."
Angel Gurria, OECD Secretary-General, said the world "would be much worse off today" without central banks stimulating economies in the past decade.