China's Yuan ranks among top five world payment currencies
China’s yuan has moved into the ranks of the top five world payment currency in November, with the value of cross-...
IMF pushes China to introduce essential reforms as it cuts growth outlook
It may come as no surprise that the IMF decided to downgrade its growth outlook for China. The revision was driven by we...
IMF has few words of advice for Asia economies
The International Monetary Fund believes that the Asia’s economy is to witness strong growth in 2013 due to healthy do...
Eurozone Debt Crisis Worries Mount amid Fresh Fears of Greece Default
When the European Union and the International Monetary Fund agreed in July to provide a second bailout for Greece, this...
EU fails to arrive at decision on bail-out to avert Greek Bankruptcy
“Convince Us First” Say European Governments Finance Ministers Seven arduous hours of talks in Luxembourg resulted i...
What will IMF chief Strauss-Kahn's arrest mean for Eurozone aid?
The arrest on Saturday of IMF chief, Dominique Strauss-Kahn, has sparked off intense speculation as to how much this inc...
Euro, European Markets fall on fears of Greece Ditching the Euro
The Euro and European Markets dropped to new lows amid fresh concerns over Greece’s persistent debt issues, related wo...
