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Recent News Headlines : Yi Gang
SUDAN CENTRAL BANK DEVALUES CURRENCY AMID SOARING INFLATION
Sudan's central bank has said it will devalue the local currency to an upper limit of 31.5 Sudanese pounds against the US dollar... READ MORE›
IMF WELCOMES ZIMBABWE PRESIDENT EMMERSON MNANGAGWA'S PROMISE TO REVIVE NATION'S ECONOMY
Lagarde met with Mnangagwa on the sidelines of the World Economic Forum in Davos, Switzerland... READ MORE›
IMF SAYS GLOBAL GROWTH PICKING UP AS U.S. TAX CUTS TAKE HOLD
That would be the fastest rate since 2011, when the world was bouncing back from the financial crisis... READ MORE›
CHINA DENIES REPORT IT COULD HALT US BOND PURCHASES
Bloomberg News reported Wednesday that officials reviewing China's foreign-exchange holdings had recommended slowing or halting purchases of US Treasuries, citing people familiar with the matter... READ MORE›
CHINA DENIES REPORT IT MAY STOP BUYING US TREASURY DEBT
Beijing keeps a big share of its 3.1 trillion in foreign currency reserves in Treasury debt, which is considered safe and easy to trade... READ MORE›
CHINA TO CAP OVERSEAS WITHDRAWALS USING DOMESTIC BANK CARDS
China's foreign exchange reserves rose for the 10th straight month in November due to tighter regulation and a stronger yuan, which continue to discourage capital outflows... READ MORE›
PAKISTANI RUPEE HITS ALL-TIME LOW WITH MINISTER UNDER A CLOUD
The Pakistani rupee has sunk to an all-time low following the central bank's withdrawal of support for the currency against the US dollar last week... READ MORE›
GENERAL NAMED TO HEAD DEBT-RIDDEN VENEZUELAN OIL COMPANY
Maduro announced on state television that he had named Major General Manuel Quevedo of the National Guard as oil minister and president of PDVSA... READ MORE›
GENERAL NAMED TO HEAD DEBT-RIDDEN VENEZUELAN OIL COMPANY
Maduro announced on state television that he had named Major General Manuel Quevedo of the National Guard as oil minister and president of PDVSA... READ MORE›
GENERAL NAMED TO HEAD DEBT-RIDDEN VENEZUELAN OIL COMPANY
Maduro announced on state television that he had named Major General Manuel Quevedo of the National Guard as oil minister and president of PDVSA... READ MORE›
GENERAL NAMED TO HEAD DEBT-RIDDEN VENEZUELAN OIL COMPANY
Maduro announced on state television that he had named Major General Manuel Quevedo of the National Guard as oil minister and president of PDVSA... READ MORE›
CENTRAL BANKS MUST FACE CHALLENGE OF VIRTUAL CURRENCIES
Central banks must face challenge of virtual currencies IMF official... READ MORE›
Trending News Headlines : Yi Gang
THE IMF IS WORRIED ABOUT THE WORLD'S $152 TRILLION DEBT PILE
Excessive private debt is a major headwind against the global recovery and a risk to financial stability, IMF fiscal chief Vitor Gaspar said in prepared remarks... READ MORE›
AMERICA FIRST NO MORE AS IMF SEES U.S. FADING AS GROWTH ENGINE
In the April world economic outlook, it had forecast U.S. growth of 2.3 percent and 2.5 percent, respectively, in 2017 and 2018... READ MORE›
EXCLUSIVE: GREECE NEEDS DEBT RELIEF FAR BEYOND EU PLANS - SECRET IMF REPORT
Exclusive Greece needs debt relief far beyond EU plans - Secret IMF report... READ MORE›
GOLDMAN WARNS CHINA'S OUTFLOWS MAY BE WORSE THAN THEY LOOK
The currency fell 0.2 percent to 6.7179 against the dollar at 6 15 p.m in Shanghai, the weakest since September 2010... READ MORE›
CHINA'S HOLDINGS OF TREASURIES DROPPED IN 2016 BY MOST ON RECORD
Japan, America's largest foreign creditor, trimmed its holdings for a second straight year... READ MORE›
CHINA'S CHOICES NARROWING AS IT BURNS THROUGH FX RESERVES TO SUPPORT YUAN
The authorities also stepped up scrutiny on individual foreign currency purchases, although they kept the 50,000 annual individual quota in place... READ MORE›
GLOBAL ELITES STEP UP DEFENSE OF OPENNESS AS POPULISM RISES
Global policy makers are stepping up their resolve to combat an isolationist backlash that threatens to undermine years of opening borders to trade and investment... READ MORE›
TRUMP MAY HAVE WRONG ASIAN CURRENCY IN HIS CROSSHAIRS
In its October foreign exchange report, the outgoing Obama administration gave both Taiwan and China a pass by not naming either a currency manipulator... READ MORE›
PARCEL EXPLOSION AT IMF'S PARIS OFFICE WOUNDS EMPLOYEE
IMF chief Christine Lagarde said the organisation was working closely with French authorities to investigate the incident in Paris... READ MORE›
CHINA CEDES TOP U.S. CREDITOR CROWN TO JAPAN AS YUAN STRUGGLES
In October, China's holdings of U.S. Treasuries fell by 41.3 billion to 1.115 trillion, according to data from the U.S. Treasury Department... READ MORE›
LETTER BOMB THAT EXPLODED AT PARIS IMF OFFICE WAS SENT FROM GREECE
The president, Francois Hollande, said French authorities would do all they could to find those responsible for the letter bomb... READ MORE›
CHINA DEVALUES YUAN FOR THIRD STRAIGHT DAY, ADDING TO FEARS OF CURRENCY WAR
Central bank weakens currency further by 1.1 percent after previous official cuts that put global financial markets on edge... READ MORE›
PROTECTIONISM IS RISING THE WORLD OVER OUR BEST DEFENSE IS FIGHTING INEQUALITY
Advances in technology are radically transforming the global economy... READ MORE›
CHINA LETS YUAN FALL FASTER SHARE TRADING SUSPENDED AS PRICES TUMBLE
China lets yuan fall faster share trading suspended as prices tumble... READ MORE›
ALEXIS TSIPRAS PLEDGED TO END AUSTERITY. AND NOW HE IS ASKED TO SIGN UP FOR MORE
It comes down to this Greece has until Wednesday to pass into law draconian new austerity measures or leave the single currency... READ MORE›
SEVEN CHARTS SHOWING WHY VENEZUELA'S ECONOMY IS A BASKET CASE
Seven charts showing why Venezuela's economy is a basket case... READ MORE›
CAN THE IMF SURVIVE THE AGE OF TRUMP?
Not the only one the IMF chief is likely to encounter in the age of President Donald Trump... READ MORE›
GREECE'S TAX REVENUES COLLAPSE AS DEBT CRISIS CONTINUES
Greece is due to make a EUR3.2bn repayment to the European Central Bank on 20 August... READ MORE›
THE WORLD IS LEANING LESS ON ITS BIGGEST ECONOMY TO SUSTAIN THE RECOVERY
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world... READ MORE›
CHINA'S ECONOMY COULD GROW 6.5 PERCENT IN 2017; DEVALUATION COULD STABILIZE YUAN
China has no need to 'regard foreign exchange reserves as gold', the overseas edition of People's Daily said... READ MORE›
CHINA FOREX REGULATOR TIGHTENS CONTROLS TO STEM CAPITAL OUTFLOWS
China forex regulator tightens controls to stem capital outflows sources... READ MORE›
GREEK FINANCE MINISTER TO DISCUSS REFORMS WITH IMF CHIEF
On April 8, Greek Prime Minister Alexis Tsipras will meet Russian President Vladimir Putin in Moscow... READ MORE›
'IT'S THE FIRST TIME IN A DECADE THAT WE HAVE SUCH A STRONG RECOVERY'
Christine Lagarde, Managing Director of the International Monetary Fund IMF, spoke to FRANCE 24 during the annual meetings of her institution and the World Bank in Washington... READ MORE›
IMF CUTS GLOBAL GROWTH OUTLOOK AGAIN, WARNS OF POLITICAL RISKS
In its latest World Economic Outlook, the IMF forecast global economic growth of 3.2 percent this year, compared to a forecast of 3.4 percent in January... READ MORE›
CHINA FOREX RESERVES FALL $512.66 BILLION IN 2015, BIGGEST DROP ON RECORD
Foreign exchange reserves fell 512.66 billion in 2015 to 3.33 trillion, central bank data showed on Thursday... READ MORE›
LETTER BOMB THAT EXPLODED AT IMF OFFICES IN PARIS WAS 'SENT FROM GREECE'
French authorities just informed us that it was mailed from Greece, Nikos Toskas told Ant1 Television... READ MORE›
MONGOLIANS OFFER HORSES TO HELP GOVERNMENT PAY BOND DEBT
China firms take on risks by raising foreign-currency bonds... READ MORE›
REGULATION OF DIGITAL COIN OFFERINGS NEEDED FOR HEALTHY MARKET
Sheng Songcheng, adviser to the People's Bank of China PBOC, said regulation was needed for a healthy market... READ MORE›
GREXIT DEBATE DOWN BUT NOT OUT ARGENTINA LESSONS REMAIN
And Greece's output gap is huge at around 13 percent, the Organization for Economic Co-operation and Development calculates... READ MORE›
U.S. URGES CHINA TO OPEN TRADE AFTER SPARING IT MANIPULATOR TAG
The Treasury said Germany has a responsibility to help balance global demand and trade flows... READ MORE›