WASHINGTON (Reuters) – The collateral damage of the United States’ trade wars is being felt from the fjords of Iceland to the auto factories of Japan. Central bank governors and finance ministers traded grim tales of suffering economies at the International Mo... More »
WASHINGTON (Reuters) – China’s top central banker said on Saturday that potential escalation of trade tensions and policy uncertainty were the major risk factors facing the world economy, and market forces were keeping China’s yuan at an appropriate level. Yi ... More »
WASHINGTON (Reuters) – Facebook Inc (FB.O), facing growing skepticism about its digital currency project Libra, on Sunday said the initiative could use cryptocurrencies based on national currencies such as the dollar, instead of the synthetic one it initially ... More »
WASHINGTON (Reuters) – An internal European Central Bank model indicates the euro zone’s economic growth could slow further in the second quarter, suggesting the projected recovery may be delayed even further, two sources familiar with the discussion said on F... More »
WASHINGTON (Reuters) – Greece is looking to strike a deal this weekend to repay early about half of the loans it received from the International Monetary Fund, in a bid to lower the euro zone member’s burden of debt servicing, a senior official said on Friday.... More »
DHAKA The World Bank said on Sunday it has approved $150 million in additional financing to help improve Bangladesh’s health systems and services, bringing its total support for health projects in the country to $508.9 million. The support will help the govern... More »
BEIJING The Asian Infrastructure Investment Bank (AIIB) stressed its independence from China at its first annual meeting on Saturday, saying it plans to cooperate with other development banks and add new members, including Hong Kong. Chinese President Xi Jinpi... More »
