Lagarde, Carstens shortlisted for IMF race

2011-06-14 09:16:21

The IMF board shortlisted French Finance Minister Christine Lagarde and Mexican central bank chief Agustin Carstens for the IMF top job.

WEF on East Asia opens in Indonesia

2011-06-13 13:49:36

The World Economic Forum on East Asia was officially opened in Jakarta on Sunday by President Susilo Bambang Yudhoyono.

IMF becomes latest known target of major cyber attack

2011-06-12 13:28:19

The International Monetary Fund, the intergovernmental group that oversees the global financial system and brings together 187 member nations, has become the latest known target of a significant cyber attack.

Putin says Russia's key WTO issues resolved

2011-06-10 10:26:02

All key issues concerning Russia's accession to the World Trade Organization (WTO) have been resolved, Prime Minister Vladimir Putin said here on Thursday.

Citi says hackers access bank card data

2011-06-09 20:44:51

Citigroup Inc. said on Thursday that hackers accessed the credit card information of tens of thousands of its North American customers.

GM considering selling Opel again

2011-06-09 21:54:16

General Motors is considering putting Opel for sale again as management is losing confidence that the European arm will return to profitability.

China warns against US debt default

2011-06-09 11:30:36

Any form of default could destabilize the global economy and sour already tense relations with big US creditors such as China.

Brazil raises rates to curb inflation

2011-06-09 08:12:34

Brazil's central bank raised its key interest rate for a fourth straight time on Wednesday as it seeks to rein in persistent inflation.

OPEC no deal to lift oil supply

2011-06-08 21:53:06

OPEC talks broke down in acrimony on Wednesday without an agreement to raise output after Saudi Arabia failed to convince the cartel.

OPEC divided as Saudi pushes for oil increase

2011-06-08 15:54:03

Saudi Arabia faced stiff resistance on Wednesday from OPEC producers opposed to an increase in oil supplies that help ease crude prices.

IMF: US slowdown likely temporary

2011-06-08 15:52:07

The Federal Reserve does not need to consider additional monetary policy stimulus as the world's largest economy is likely to pick up in coming quarters due to growth in exports and disposable incomes.

Resignation of Brazil's Palocci leaves a void

2011-06-08 15:35:30

The resignation of President Dilma Rousseff's top aide is unlikely to cause major upheaval in Brazilian financial markets on Wednesday, but it could lead to more government spending and a generally less market-friendly approach in months to come.

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