global financial system

Chinese president reaffirms support to Europe in debt crisis


August 31st, 2012 - 12:08 am ICT by IANS
Beijing, Aug 30 (IANS) Chinese President Hu Jintao said Thursday that China firmly supports Europe's efforts to overcome the debt crisis and the important role that the International Monetary Fund ... Read more...

Posted in World |

IMF chief seeks integrated action to fix financial system


June 9th, 2012 - 1:31 pm ICT by IANS
Washington, June 9 (IANS) The head of the International Monetary Fund has called for further action to reform the global financial system by strengthening crisis management tools and the overall ... Read more...

Posted in Business |

BRICS voices concern over slow pace of IMF reforms


March 29th, 2012 - 9:23 pm ICT by IANS
New Delhi, March 29 (IANS) The BRICS group of five emerging economies Thursday voiced concern over the slow pace of governance and quota reforms in the International Monetary Fund ... Read more...

Posted in World |

Medvedev, IMF chief to discuss world financial system


November 7th, 2011 - 4:37 am ICT by IANS
Moscow, Nov 7 (IANS/RIA Novosti) Russian President Dmitry Medvedev will discuss reforms of the global financial system with International Monetary Fund (IMF) managing director Christine Lagarde who is on a ... Read more...

Posted in World |

European crisis threatening global recovery: Geithner


October 7th, 2011 - 10:32 am ICT by IANS
Washington, Oct 7 (IANS) US Treasury Secretary Timothy Geithner urged European leaders to take more forceful actions to contain the regional financial crisis threatening the global economy."The crisis in ... Read more...

Posted in Business |

IMF urges global financial regulatory reforms


September 21st, 2011 - 9:44 pm ICT by IANS
Washington, Sep 21 (IANS) Emerging economies should limit the build-up of financial imbalances to maintain resilience to future financial shocks as financial stability risks have risen sharply in recent months, ... Read more...

Posted in World |

Fitch maintains its AAA US credit rating


August 17th, 2011 - 11:37 am ICT by IANS
New York, Aug 17 (IANS/EFE) Fitch Ratings has announced that it is maintaining its evaluation of the US credit rating at the maximum level of AAA, with a stable outlook, ... Read more...

Posted in Business |

S&P;’s rating downgrade wrong decision: US official


August 7th, 2011 - 2:24 pm ICT by IANS
Washington, Aug 7 (IANS) Global rating agency Standard and Poor's (S&P;) made a hasty and wrong decision of stripping the US of its top-notch credit rating, a senior US Treasury ... Read more...

Posted in Business |

Bangladesh seeks close ties with China


June 20th, 2011 - 10:51 pm ICT by IANS
Beijing, June 20 (IANS) Visiting Bangladeshi Foreign Minister Dipu Moni said Monday that her country seeks to boost close bilateral cooperation with China. The two-way trade volume exceeded $7 ... Read more...

Posted in Business |

India asks tax havens to share past banking information


June 13th, 2011 - 7:14 pm ICT by IANS
New Delhi, June 13 (IANS) The world community should pressurise tax heavens to share past banking information, as information shared from a prospective date won't serve the desired purpose, ... Read more...

Posted in Business |

India’s ratification of UN convention against corruption welcomed


May 14th, 2011 - 1:04 pm ICT by IANS
Washington, May 14 (IANS) India's announcement that it had ratified the United Nations Convention Against Corruption (UNCAC) has been welcomed as a "significant step"."India has taken a significant step forward ... Read more...

Posted in Business |

India, Brazil attract largest equity inflows: IMF


April 13th, 2011 - 8:18 pm ICT by IANS
Washington, April 13 (IANS) India and Brazil attracted the largest equity inflows to emerging markets as global financial stability improved over the last six months but fragilities remain, according to ... Read more...

Posted in World |

Read about economic crisis, health secrets and business (IANS Books This Week)


November 25th, 2010 - 4:34 pm ICT by IANS
New Delhi, Nov 25 (IANS) The books we chose this weekend reflect the tide of the times... a carefree mix of substance and entertainment.1. Book: "Global Crisis Recession and Uneven Recovery"; ... Read more...

Posted in Uncategorized |

G20 nations must help fix infrastructure gaps: Manmohan Singh (Lead)


November 12th, 2010 - 12:18 pm ICT by IANS
By Arvind Padmanabhan Seoul, Nov 12 (IANS) Indian Prime Minister Manmohan Singh Friday put his grand proposal before the G20, calling for a new global rebalance in which funds from surplus nations ... Read more...

Posted in Business |

G20 nations should help bridge infrastructure gap: Manmohan Singh


November 12th, 2010 - 10:11 am ICT by IANS
By Arvind Padmanabhan Seoul, Nov 12 (IANS) Indian Prime Minister Manmohan Singh Friday said the global economy now required a new rebalance in which funds from surplus countries must be pumped ... Read more...

Posted in Business |

G-20 Summit “Shared Growth Beyond the Crisis” gets underway in Seoul


November 11th, 2010 - 8:49 pm ICT by ANI
Seoul, Nov.11 (ANI): The fifth G-20 summit got underway in South Korean city Seoul here amidst sharp difference of opinions among the participating members on measures to sustain the global recovery.The ... Read more...

Posted in World |

G20 must help bridge infrastructure gap: Manmohan Singh (Roundup)


November 10th, 2010 - 11:40 pm ICT by IANS
By Arvind Padmanabhan Seoul, Nov 10 (IANS) Prime Minister Manmohan Singh Wednesday pushed for a new rebalance of the global financial system in a manner that will assist flow of capital from ... Read more...

Posted in Business |

Manmohan Singh reaches Seoul for G20 Summit (Second Lead)


November 10th, 2010 - 9:35 pm ICT by IANS
By Arvind Padmanabhan Seoul, Nov 10 (IANS) Prime Minister Manmohan Singh arrived here Wednesday on a three-day visit to attend the G20 Summit, the top forum on the global financial system ... Read more...

Posted in Business |

Manmohan Singh reaches Seoul for G20 Summit


November 10th, 2010 - 6:22 pm ICT by IANS
Seoul, Nov 10 (IANS) Prime Minister Manmohan Singh arrived here Wednesday on a three-day visit to attend the G20 Summit, the top forum on the global financial system that seeks to ... Read more...

Posted in Business |

Manmohan heads for Seoul with new package for G20


November 9th, 2010 - 5:00 pm ICT by IANS
By Arvind Padmanabhan New Delhi, Nov 9 (IANS) Prime Minister Manmohan Singh leaves for Seoul Wednesday on a three-day visit to attend the G20 Summit, the top forum on global financial system, ... Read more...

Posted in Business |

India, Britain to explore more business opportunities


July 29th, 2010 - 8:30 pm ICT by IANS
New Delhi, July 29 (IANS) India and Britain will explore opportunities, including opening up of their markets, to boost two-way trade and investment. "We discussed how to boost trade and investment ... Read more...

Posted in Business |

Malaysia to shackle terrorist funding activities, wipe out global money laundering


July 21st, 2010 - 6:11 pm ICT by ANI
Kuala Lumpur, July 21 (ANI): Malaysia would shackle terrorist funding activities and wipe out global money laundering abuses in the country, assured Attorney-General Tan Sri Abdul Gani Patail.According to The Star, he ... Read more...

Posted in World |

India, China-like strong trade linkages key to recovery: IMF


June 21st, 2010 - 8:11 pm ICT by IANS
By Arun Kumar Washington, June 21 (IANS) Citing India and China's faster recoveries thanks to their strong trade linkages, the International Monetary Fund (IMF) has advised other emerging market economies (EMs) to similarly ... Read more...

Posted in Business |

US targets bank, petro firms in new Iran sanctions


June 17th, 2010 - 9:53 am ICT by IANS
By Arun Kumar Washington, June 17 (IANS) The United States has announced new sanctions against Iran targeted at the country's nuclear and missile programmes, targeting another of its state-controlled banks, more than 20 ... Read more...

Posted in Business |

‘G-20 summit core agenda is to rejig economic system’


June 11th, 2010 - 1:35 pm ICT by IANS
By Gurmukh Singh Toronto, June 11 (IANS) Outlining the core agenda of the G-20 meeting here later this month, Canada Thursday said the grouping will work to put the global financial system on ... Read more...

Posted in Business |

Mukherjee heads for Busan for G20 finance ministers’ meet


June 2nd, 2010 - 6:55 pm ICT by IANS
New Delhi, June 2 (IANS) Finance Minister Pranab Mukherjee is attending a G20 meeting at Busan in South Korea June 4-5 focused on the global financial crisis ahead of the Summit ... Read more...

Posted in Business |

Thirty years on, EU and ASEAN seek stronger partnership


May 26th, 2010 - 10:39 pm ICT by IANS
Madrid, May 26 (DPA) The European Union (EU) and the Association of South East Asian Nations (ASEAN) Wednesday pledged to upgrade their cooperation in order to support each other's integration efforts and ... Read more...

Posted in Thailand, World |

Global economy recovering but reform consistency needed: IMF


April 25th, 2010 - 1:15 pm ICT by IANS
Washington, April 25 (IANS) With the global economy still not out of the woods after its worst crisis in decades, the IMF's policy steering committee urged a collaborative and consistent approach ... Read more...

Posted in Business |

Mounting debt poses new threat to global recovery: IMF


April 20th, 2010 - 10:26 pm ICT by IANS
By Arun Kumar Washington, April 20 (IANS) The sharp rise in government debt in the developed world during the economic crisis has helped create what the International Monetary Fund says is the newest ... Read more...

Posted in Business |

India, US launch financial, economic partnership (Lead)


April 6th, 2010 - 5:49 pm ICT by IANS
New Delhi, April 6 (IANS) India and the US Tuesday launched a financial and economic partnership, focussing on macro-economic stability, financial sector reforms and infrastructure finance, in an effort to beef ... Read more...

Posted in Business |

Developing nations losing 100 b dollars annually due to trade mispricing


February 20th, 2010 - 4:56 pm ICT by ANI
London, Feb.20 (ANI): Trade mispricing is being cited as a key reason for the movement of illicit money across borders than any other single phenomenon, according to a new Global Financial Integrity ... Read more...

Posted in Business |

Developing nations losing 100 bln dollars annually through trade mispricing: Report


February 13th, 2010 - 3:21 pm ICT by ANI
Washington, Feb.13 (ANI): Developing countries are losing approximately 100-billion dollars every year due to trade mispricing, according to a new report available today from Global Financial Integrity (GFI)."Every year crime, corruption, and ... Read more...

Posted in World |

Warren Buffett Says Taxpayers May Profit From Bank Bailout


February 10th, 2010 - 8:42 pm ICT by GD
By Ranjan Bhaduri Feb 10, (THAINDIAN NEWS) Billionaire Warren Buffet and former Treasury chief Henry Paulson affirmed that the taxpayers of USA will get back the money taken from them during the bank ... Read more...

Posted in Business |

Dow Falls Under 10,000, First Time Since November


February 9th, 2010 - 8:46 pm ICT by GD
By Gina Gomez New York, Feb 9, (THAINDIAN NEWS) Amidst concerns about the debt woes in Europe, for the first time in three months, the Dow Jones industrial average closed below the 10,000 ... Read more...

Posted in Business |

India, South Africa propose pact to push ties


January 7th, 2010 - 7:59 pm ICT by IANS
New Delhi, Jan 7 (IANS) South Africa is working on a framework pact with India to boost bilateral economic relations, the country's Finance Minister Pravin Gordhan, who is here on a three-day ... Read more...

Posted in Business |

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