Tag: IMF

Retail Asia09/04/2021
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1min0
Vietnam’s economy is set to grow at 6.5 percent this year, well above the ASEAN average of 4.9 percent, as it shrugs off the impacts of Covid-19. It is the second-highest rate forecast by the International Monetary Fund for ASEAN-5 countries. The Philippines tops with 6.9 percent, Malaysia ties Vietnam at 6.5 percent, Indonesia is […]

Retail Asia15/07/2019
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3min0
International Monetary Fund (IMF) Managing Director Christine Lagarde warned on Saturday that the increasing presence of technology giants using big data and artificial intelligence could cause a significant disruption to the world’s financial system. The rapid development of financial technology (fintech) has increased access to cheap payment and settlement systems for low-income households in emerging […]

Retail Asia21/05/2018
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3min0
The International Monetary Fund on Thursday welcomed Korea’s decision to regularly reveal its currency market intervention records. Korea’s Finance Ministry said it would disclose the records starting in March 2019 to help remove unnecessary misunderstandings about the country’s currency market operations. “I welcome the Korean government’s decision to publish data on foreign exchange intervention,” Christine […]

Retail Asia28/02/2018
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3min0
Christine Lagarde, the managing director of the International Monetary Fund, said on Tuesday (27/02) the global economy was showing broad-based growth, but the landscape was shifting with heightened risks of trade disputes, monetary policy normalization and technological change. Lagarde, speaking to an IMF conference in Jakarta in preparation for the Fund’s annual meetings in Bali in […]

Retail Asia12/05/2017
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4min0
Asia has enjoyed substantial demographic dividends, but the growing number of elderly is set to create a ‘tax’ on growth. The International Monetary Fund called on Asian economies to learn from Japan’s experience and act early to cope with rapidly ageing populations, warning that parts of the region risk “getting old before becoming rich.” Asia […]

Retail Asia28/01/2016
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6min
China’s economy slowed in December, capping the weakest quarter of growth since the 2009 global recession, as the Communist leadership grapples with a transition to consumer-led expansion. Industrial production, retail sales and fixed-asset investment all slowed at the end of the year, while gross domestic product rose 6.8 percent in the fourth quarter from a […]

Retail Asia26/01/2016
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4min
Investors world-over fear that China could record another worse-than-expected slowdown this year. Over the past two decades, annual GDP growth in China has averaged around an impressive 10 percent, underpinned mostly by investments, as well as exports. The IMF expects China to account for almost 18 per cent of world economic activity in 2016. Hence […]

Retail Asia06/08/2015
4min
Using extreme measures, the Chinese regime eventually managed to stabilize the stock market crash that started in mid-June, during which both the Shanghai and Shenzhen stock market indices fell more than 30 percent in three weeks. While many retail investors have begun to show signs of relief, even expressing gratitude to the government for “saving” […]


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