December 13, 2019 | 12:14
The European Central Bank left key monetary policy settings unchanged Thursday (Dec 12), placing the spotlight on new president Christine Lagarde to offer clues about its future direction and plans for a major reassessment of ECB tools and goals.
October 29, 2019 | 14:50
French President Emmanuel Macron and German Chancellor Angela Merkel on Monday (Oct 28) lauded Mario Draghi for defending "the European dream" in the face of opposition as he handed over a divided ECB to Christine Lagarde.
September 12, 2019 | 13:00
Despite a history of many IMF rescue programmes, Argentina once again faces a deepening financial crisis, raising questions about whether the Washington-based lender made a mistake in its dealings with Latin America's third largest economy.
July 27, 2019 | 10:18
The International Monetary Fund plans to select a new leader to replace Christine Lagarde at the global crisis lender by Oct 4, the IMF board announced on Friday (Jul 26).
July 17, 2019 | 10:50
International Monetary Fund chief Christine Lagarde announced on Tuesday (Jul 16) she had submitted her resignation from the global lender, saying she had more clarity about her nomination to be the next head of the European Central Bank.
July 03, 2019 | 10:06
Christine Lagarde has made a career out of breaking glass ceilings in the halls of international finance and is now poised to break one more, leading the European Central Bank.
April 12, 2019 | 12:26
Increased lending by China to developing nations is increasingly under the spotlight amid concerns that growing debt burdens and onerous conditions could sow the seeds of a crisis.
April 02, 2019 | 21:19
Global growth in 2019 should be even slower than previously expected but a "precarious" rebound later this year is likely, the head of the International Monetary Fund said on Tuesday (Apr 2).
October 12, 2018 | 10:10
IMF chief Christine Lagarde on Thursday (Oct 11) defended central bank rate hikes in a veiled rebuke to Donald Trump after the US president blamed "crazy" Fed policies for contributing to financial market turmoil.
June 21, 2018 | 10:04
The International Monetary Fund on Wednesday (Jun 20) formally approved a US$50 billion aid package intended to help Argentina confront inflation, budget deficits and a weakening currency.
May 11, 2018 | 08:55
International Monetary Fund chief Christine Lagarde said on Thursday (May 10) she is ready to aid Argentina and wants talks on a financing package to be finalised quickly.
April 23, 2018 | 09:20
The stricter new policy also aims to tackle how rich countries contribute to corruption in the developing world by failing to prevent bribery and money laundering or by allowing anonymous corporate ownership.
April 20, 2018 | 09:47
IMF chief Christine Lagarde said escalating trade tensions could reverberate through the world economy, undermining confidence and choking off investment.
March 08, 2018 | 16:02
The head of the International Monetary Fund warned on Wednesday (Mar 7) that a trade war US President Donald Trump apparently intends to provoke with tariffs on steel and aluminium would snuff out global growth.
February 12, 2018 | 21:43
Wall Street stocks ended a bruising week on a benign note, courtesy of a late-session surge on Friday, while equity markets in Europe and Asia fell sharply in volatile trading.