MSCI's All Country World Index, which tracks shares across 49 countries, was down 0.4% after the start of European trade.
Published on Feb 22, 2021 03:39 PM IST
Reuters | , London
Gold prices are still down about 4.1% so far this week after Monday’s encouraging late-stage vaccine trial data from Pfizer Inc powered a surge in equities and drove a sharp retreat in safe-haven bullion.
Updated on Nov 12, 2020 09:32 PM IST
Reuters |Reuters | Posted by Deepali Sharma
The new style, in keeping with Lagarde’s stated aim to build a “bridge with the public,”often means more frequent remarks by the president and Executive Board than under her predecessor,Mario Draghi
Published on Nov 01, 2020 05:34 PM IST
Frankfurt |Bloomberg | Posted by Ayshee Bhaduri
Even with those rescue efforts, the world is still suffering its worst economic crisis since the Great Depression.
Published on Jul 05, 2020 11:04 PM IST
As the former French finance minister counts down to taking over from Mario Draghi, the deteriorating backdrop that pushed the ECB into a new round of monetary stimulus less than two months ago will be brutally exposed.
Published on Oct 29, 2019 11:29 AM IST
Bloomberg |Catherine Bosley
Deep divisions were reflected in the European Union over the IMF’s role during the financial crisis beginning in 2008, which results in mistrust between northern members of the bloc against the south.
Published on Aug 02, 2019 07:17 PM IST
France |Agence France-Presse
The IMF role fell vacant after current MD Christine Lagarde announced her resignation last week after she was nominated by the European Council as president of the European Central Bank.
Updated on Jul 22, 2019 09:47 AM IST
Hindustan Times, London | Prasun Sonwalkar
“We accept Ms. Lagarde’s decision to relinquish her IMF responsibilities temporarily during the nomination period,” the board said.
Published on Jul 03, 2019 05:43 AM IST
Washington |Agence France-Presse
A day earlier, Prime Minister Imran Khan met IMF chief Christine Lagarde in Dubai to discuss a bailout, and the country’s foreign currency reserves have dwindled to around $8 billion, just enough to cover about two months of imports
Updated on Feb 11, 2019 07:21 PM IST
Investment would be reduced further if President Donald Trump follows through on his threat to impose steep tariffs on auto imports from all countries except Canada and Mexico, which would result in retaliation from trading partners on US exports.
Updated on Nov 29, 2018 12:11 AM IST
Washington |Press Trust of India
Though he did not name any countries, Pakistani media has reported that the government was consulting allies like China and Saudi Arabia for financial help.
Updated on Oct 19, 2018 12:10 AM IST
Islamabad |Press Trust of India
The meetings in Bali, Indonesia, this week were overshadowed by a spate of financial market turmoil and by the threat to global growth from the trade clash between the US and China over Beijing’s technology policies.
Published on Oct 13, 2018 06:40 PM IST
Nusa Dua |Associated Press
Christine Lagarde says she still plans to attend an economic meeting in Riyadh.
Updated on Oct 13, 2018 12:31 PM IST
Nusa Dua, Indonesia |Agence France-Presse
Heavy selling was witnessed in banking, IT, metals, auto and capital goods stocks. All 19 sector-based indices on the BSE, except the energy index, traded in the red. Led by the sharp carnage in equities, the market capitalisation of BSE-listed companies slumped ₹3,05,625.87 crore to ₹1,35,59,695.82 crore in late morning trade.
Updated on Oct 11, 2018 04:48 PM IST
Agencies, Mumbai |Agencies
Prime Minister Imran Khan on Wednesday vowed to steer the country out of a looming balance-of-payments crisis, saying it needs $10-12 billion.
Published on Oct 11, 2018 02:42 PM IST
Nusa Dua, Indonesia |Agence France-Presse
Following a sharp Wall Street sell-off on Wednesday, Trump said the Federal Reserve “is making a mistake.”
Updated on Oct 11, 2018 12:31 PM IST
Nusa Dua (Indonesia) |Agence France-Presse
Prof. Gita Gopinath currently serves as the John Zwaanstra Professor of International Studies and Economics at Harvard University.
Updated on Oct 01, 2018 09:15 PM IST
New Delhi |HT Correspondent
Christine Lagarde clarified that this was her personal position and not that of the IMF.
Updated on Apr 19, 2018 09:55 PM IST
Press Trust of India, Washington |Press Trust of India
One challenge is to ensure that Belt and Road only travels where it is needed, and the second is to focus on sound fiscal policies, Christine Lagarde said.
Published on Apr 12, 2018 12:20 PM IST
Reuters, Beijing | HT Correspondent