China's Yuan ranks among top five world payment currencies

China's Yuan ranks among top five world payment currencies

By Carrie Ann - Jan 28, 2015

China’s yuan has moved into the ranks of the top five world payment currency in November, with the value of cross-...

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IMF pushes China to introduce essential reforms as it cuts growth outlook

IMF pushes China to introduce essential reforms as it cuts growth outlook

By Anna Domanska - May 29, 2013

It may come as no surprise that the IMF decided to downgrade its growth outlook for China. The revision was driven by we...

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IMF has few words of advice for Asia economies

IMF has few words of advice for Asia economies

By Anna Domanska - Apr 29, 2013

The International Monetary Fund believes that the Asia’s economy is to witness strong growth in 2013 due to healthy do...

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Eurozone Debt Crisis Worries Mount amid Fresh Fears of Greece Default

Eurozone Debt Crisis Worries Mount amid Fresh Fears of Greece Default

By Jay Raol - Sep 12, 2011

When the European Union and the International Monetary Fund agreed in July to provide a second bailout for Greece, this...

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EU fails to arrive at decision on bail-out to avert Greek Bankruptcy

EU fails to arrive at decision on bail-out to avert Greek Bankruptcy

By Tom Parker - Jun 20, 2011

“Convince Us First” Say European Governments Finance Ministers Seven arduous hours of talks in Luxembourg resulted i...

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What will IMF chief Strauss-Kahn's arrest mean for Eurozone aid?

What will IMF chief Strauss-Kahn's arrest mean for Eurozone aid?

By Jay Raol - May 16, 2011

The arrest on Saturday of IMF chief, Dominique Strauss-Kahn, has sparked off intense speculation as to how much this inc...

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Euro, European Markets fall on fears of Greece Ditching the Euro

Euro, European Markets fall on fears of Greece Ditching the Euro

By Tom Parker - May 10, 2011

The Euro and European Markets dropped to new lows amid fresh concerns over Greece’s persistent debt issues, related wo...

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