October 13, 2018

Mexico says new U.S. trade deal won’t block other economic relations

Mexico’s Foreign Minister Luis Videgaray told his Chinese counterpart in a phone call on Saturday that Mexico’s new trade deal with the United States and Canada […]
October 13, 2018

U.S. draws China FX into trade dispute as IMF calls for resolution

The United States sought to make currency a central part of any solution to a bruising trade fight with China, keeping the pressure on Beijing to […]
October 13, 2018

World’s central bankers feel the heat as populists demand easy fix

Central bankers from the United States to Europe are coming under pressure from their governments to loosen their purse strings again as a decade of accelerating […]
October 13, 2018

StanChart CEO says ‘actively working’ on Indonesian bank stake

Standard Chartered Plc is “actively working” on options for its stake in Indonesia’s PT Bank Permata tbk , the British lender’s Chief Executive Bill Winters said […]
October 13, 2018

China echoes IMF pledges to avoid using currency as trade war tool

China’s top central banker on Saturday pledged to keep the yuan currency’s value “broadly stable,” a sign that Beijing may be trying to prevent a bruising […]
October 13, 2018

Trade war won’t trigger Asian credit ratings downgrades, for now: Fitch

Fitch Ratings has maintained its stable credit outlook for all Asian countries, except Pakistan, despite expecting some “dampening effect” in the region due to the U.S.-China […]
October 13, 2018

Italy budget debacle puts Europe back in global spotlight

As the euro zone sovereign debt crisis petered out, European officials at annual meetings of the International Monetary Fund were happy to move out of the […]
October 13, 2018

IMF members pledge to avoid using currencies as trade weapon

The International Monetary Fund said on Saturday its members pledged to refrain from competitive currency devaluations and step up dialogue on trade, as escalating trade frictions […]
October 13, 2018

BOJ’s Kuroda says Fed rate hikes good for global economy

Bank of Japan Governor Haruhiko Kuroda said on Saturday steady interest rate hikes by the Federal Reserve were “basically good” for the world economy, shrugging off […]
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