International Organizations IMF

  • Singapore.

    Trade tensions that have hit market sentiments towards the end of the current business cycle could be a "double whammy" to the global economy, said Singapore's Minister for Trade and Industry Chan Chun Sing.

  • WASHINGTON/ BUENOS AIRES, Oct 26- The International Monetary Fund said on Friday it had approved a measure to increase a standby financing agreement for Argentina to about $56.3 billion. Argentina's President Mauricio Macri agreed to a $50 billion IMF deal in June, hoping it would stop a run on the country's peso currency. Riot police fired rubber bullets at...

  • ISLAMABAD, Oct 24- Prime Minister Imran Khan said Pakistan still plans to seek a bailout from the International Monetary Fund despite a Saudi Arabian offer of a $6 billion rescue package, and is in talks with two other "friendly nations" for more loans. Without naming the countries, Khan said Pakistan was also touch with two other "friendly nations" for loans so...

  • ISLAMABAD, Oct 24- Pakistan still plans to seek a bailout from the International Monetary Fund despite a Saudi Arabian offer of a $6 billion rescue package, Pakistan's finance ministry said on Wednesday. On Tuesday, Pakistan said Saudi Arabia had agreed to provide $3 billion in foreign currency support for a year and a further loan worth up to $3 billion in...

  • PAKISTAN WILL STILL SEEK IMF LOAN DESPITE SAUDI ARABIA OFFERING $6 BLN RESCUE PACKAGE FOR ECONOMY- PAKISTAN FINANCE MINISTRY SPOKESMAN.

  • President Donald Trump in the Oval Office of the White House on October 23, 2018. 

    President Donald Trump accused Federal Reserve Chairman Jerome Powell of endangering the U.S. economy by raising interest rates, according to The Wall Street Journal.

  • Construction crews work on a freeway overpass along Highway 101 in Novato, California.

    The comments by the president of Asian Infrastructure Investment Bank came amid mounting criticisms that the push for massive infrastructure building has increased the debt burden of developing nations in an unsustainable way.

  • Chanel and Cartier logos are displayed on stores in Hong Kong.

    Most of the impact will be indirect, with the tariffs likely affecting the overall Chinese economy and the capacity for consumers to spend money on luxury goods, says Pascal Martin, a partner at consulting firm OC&C Strategy Consultants.

  • Founder and Chairman of Alibaba Group Jack Ma present at the 'Ma Yun Rural Teachers Prize' awards show on January 22, 2018 in Sanya , Hainan province, China.

    The ability to stay the course can make or break a business — that's something that Alibaba's self-made billionaire founder Jack Ma knows well.

  • KIEV, Oct 19- Ukraine announced on Friday it would raise household gas prices by nearly a quarter as Prime Minister Volodymyr Groysman warned that the country risked default if it crashed out of its International Monetary Fund aid program. If Ukraine receives another tranche, that would allow the government to go to the market to issue new debt and would also...

  • BUENOS AIRES, Oct 19- Argentine President Mauricio Macri is used to seeing bad poll numbers as he struggles to drive through an unpopular austerity program that has cut fuel subsidies, raised taxes and sent utility bills soaring. But a poll out this week had a particularly worrisome number that could spell trouble for Macri's hopes to squeeze additional budget...

  • KIEV, Oct 19- Ukraine announced on Friday it would raise household gas prices by nearly a quarter as Prime Minister Volodymyr Groysman warned that the country risked default if it crashed out of its International Monetary Fund aid programme. Ukraine was obliged to raise household gas tariffs to qualify for more aid under a $17.5 billion IMF programme that...

  • Jack Ma, co-founder and executive chairman of Alibaba Group Holding Ltd.

    Growing a company involves hiring the right people. For Jack Ma, the man behind Chinese tech giant Alibaba, that's a process that took him some time to master.

  • Founder and Chairman of Alibaba Group, Jack Ma, gives a speech at the 'Ma Yun Rural Teachers Prize' on January 22th, 2018 in Sanya , Hainan province, China.

    Jack Ma, the iconic co-founder of Chinese tech giant Alibaba, said he's returning to teaching after stepping down as chairman of the company. And he has his lesson plan drawn up.

  • International Monetary Fund (IMF) managing director Christine Lagarde speaks during a press conference in Tokyo on October 4, 2018. 

    The IMF's Christine Lagarde had been scheduled to attend an investing event in Saudi Arabia which has seen mounting cancellations since the disappearance of Washington Post columnist Jamal Khashoggi.

  • People line up to receive a free meal at the St. Anthony foundation dining room in San Francisco, California (File photo).

    Several analysts have come out of the woodwork in the last few weeks predicting not just a U.S. growth slowdown, but the start of a recession in 2020.

  • *IMF expected to push Pakistan to make some hard choices. ISLAMABAD, Oct 12- From cutting power subsidies to forcing currency devaluations that stoke inflation, the hard choices facing Pakistan as it seeks a bailout from the International Monetary Fund pose a major headache for populist new Prime Minister Imran Khan. Talks with the IMF have been launched and...

  • Pedestrians walk past the International Monetary Fund headquarters in Washington, D.C.

    If global supply chains are forced to adjust due to the trade tensions between the U.S. and China, it may cost the world economy about 1 percent of GDP by 2019, Tao Zhang, deputy managing director at the International Monetary Fund, told CNBC.

  • *US Treasury Secretary Mnuchin says China wants to avoid more yuan falls. NUSA DUA, Indonesia, Oct 13- The United States sought to make currency a central part of any solution to a bruising trade fight with China, keeping the pressure on Beijing to speed up economic reforms at a gathering of world policy makers who pledged to do more to safeguard global growth.

  • Jonathan Larsen, chief innovation officer of Ping An Insurance Group.

    The Global Voyage Fund is "a billion-dollar fund focused on fintech and digital health, which are two of the most important areas for our company," Ping An Insurance Group's Chief Innovation Officer Jonathan Larsen told CNBC.