imf says dollar overvalued euro yen yuan broadly in line with fundamentals

IMF says dollar overvalued; euro, yen, yuan broadly in line with fundamentals

WASHINGTON: The International Monetary Fund on Friday said that the US dollar was overvalued by 10 per cent to 20 per cent, based on US near-term economic fundamentals, while it viewed valuations of the euro, Japan's yen, and China's yuan as broadly in line with fundamentals.
imf says global recovery on firmer footing

IMF says global recovery on firmer footing

WASHINGTON: The global economic recovery is on firmer footing as improving growth in China, Europe and Japan offset downward revisions for the United States and Britain, the International Monetary Fund said on Sunday (Jul 23).
imf warns g20 to address risks to economic recovery

IMF warns G20 to address risks to economic recovery

Ahead of the G20 leaders summit this weekend in Hamburg, IMF Managing Director Christine Lagarde said the mood is upbeat given the now one-year-old recovery.
portugal makes early 1 billion euro repayment to imf

Portugal makes early 1-billion euro repayment to IMF

LISBON: Portugal has made an early repayment of €1 billion to the International Monetary Fund and intends to repay a further €2.6 billion of bailout loans by August, the government said Friday.
siemens presents digitalisation technology for the entire industrial value chain

Siemens presents digitalisation technology for the entire industrial value chain

At the recent Vietnam Industrial & Manufacturing Fair (VIMF) 2017, German industrial giant Siemens has showcased its typical digital solutions in the entire industrial value chain.
imfs greek compromise could break impasse on aid deal

IMF's Greek compromise could break impasse on aid deal

WASHINGTON: The IMF's proposed compromise on Greece raises hopes it will break a deadlock with Europe next week and open the way for the release of desperately needed funds for Athens, averting a renewed crisis in July.
eurozone fails to reach greece debt deal amid imf row

Eurozone fails to reach Greece debt deal amid IMF row

BRUSSELS: Eurozone finance ministers failed to reach a deal for fresh bailout cash for Greece on Monday (May 22), as a row with the International Monetary Fund over debt relief dragged on.
imf says asia facing risks from rise in protectionism

IMF says Asia facing risks from rise in protectionism

WASHINGTON: The International Monetary Fund said Asia's economic outlook faces "significant" uncertainty and downside growth risks from any sudden tightening in global financial conditions or rise in protectionist trade policies.
imf warns against protectionism but strikes word from statement

IMF warns against protectionism, but strikes word from statement

With fears rising that the Trump administration will follow through on its threats to raise trade barriers, world finance ministers are united on one message: protectionism threatens the global economy.
imf wto oecd vow to defend free trade against protectionism

IMF, WTO, OECD vow to defend free trade against protectionism

BERLIN: The chiefs of the IMF, WTO and OECD vowed on Monday (Apr 10) in a joint statement to defend free trade against creeping protectionist trends, amid growing global alarm over US President Donald Trump's "America First" call.
imfs lagarde warns g20 to avoid self inflicted wounds

IMF's Lagarde warns G20 to avoid 'self-inflicted' wounds

WASHINGTON: IMF chief Christine Lagarde on Tuesday (Mar 14) warned the world's largest economies to avoid damaging the incipient global recovery with policies that would derail trade and immigration.
imf warns against pretending unpayable debts can be paid

IMF warns against pretending 'unpayable debts' can be paid

WASHINGTON: In a not so subtle jab at European officials and their dealings with Greece, the IMF on Thursday (Feb 23) issued a warning against pretending that "unpayable debts" can be repaid.
eurozone agrees debt relief for greece amid imf row

Eurozone agrees debt relief for Greece amid IMF row

BRUSSELS: Eurozone finance ministers on Monday (Dec 5) approved new debt relief measures to alleviate Greece's colossal debt mountain in the wake of its huge 86-billion-euro bailout, but at levels far short of those demanded by the IMF.
reviving big works projects trumps iconoclastic bet

Reviving big works projects: Trump's iconoclastic bet

WASHINGTON: It is one of the very few of President-elect Donald Trump's proposals welcomed by the IMF, the Federal Reserve and Democrats: major infrastructure investment.
world bank imf challenged by anti globalisation wave

World Bank, IMF challenged by anti-globalisation wave

WASHINGTON: Global finance leaders on Thursday (Oct 6) publicly confronted the rising unpopularity of trade liberalisation, saying world economies needed to strive for more inclusive growth.