IMF

Asian markets were rose Tuesday as investors continued to be hopeful that central banks all over the world would soon announce stimulus measures to tackle the weakening global economy.

The International Monetary Fund on Monday cut its global growth forecast in 2013 in response to Europe's sovereign debt crisis.

The International Monetary Fund on Monday cut its global growth forecast and warned that the outlook could dim further if policymakers in Europe do not act with enough force and speed to quell their region's debt crisis.

China's slowing economy could drag down some of its Asian neighbors, but other countries would be less affected, according to a report released Friday by Capital Economics.

This summer, both Greece and Europe are between a rock and a hard place. Greece faces the possible prospect of domestic coalition collapse, or ouster from the euro zone; Europe’s leaders, an elongated repayment for their loans to Greece, or a Greece default.

China's gross domestic product growth slowed down in the second quarter to the lowest rate in three years, due to soft global demand official data released Friday show.

Egyptian President Mohamed Morsi, arrived in Saudi Arabia Wednesday on his first foreign trip since taking office late last month, the official Saudi Press Agency (SPA) said.

Greek Prime Minister Antonis Samaras requested on Friday that European Union (EU) and International Monetary Fund (IMF) creditors extend a ?237 billion bailout package for a grace period of two years to help the country survive its fifth year of recession.

Hopes that emerging markets will lead the world out of the global economic slowdown are beginning to dim.Christine Lagarde, managing director of the International Monetary Fund (IMF), voiced her concerns over the strength of the global economy, emphasizing that emerging markets, which currently account for two-thirds of global growth, were showing signs of weakening.

Prime Minister Victor Ponta, who is in conflict with Basescu, is the leader of the opposition Social Liberal Union (USL) party.

Disappointed by the lack of aggressive action by the U.S. Federal Reserve during the meeting of its powerful rate-setting committee last week, and expecting little more than rehashed promises from the leaders of Europe this week, pessimistic market-watchers are turning to once again guessing when the clock atop the Eurozone time-bomb will finally run to 0.

Scandal-tarred former IMF chief Dominique Strauss-Kahn and his wife Anne Sinclair have separated, a magazine reports.

Christofias criticized the EU, the ECB and IMF for behaving like a ?colonial force? with respect to its fiscal demands on Greece.

It is just amazing how we never learn from other people's mistakes.

Crude oil futures slightly declined and hovered above $79 a barrel during Asian trading hours Wednesday as doubts over the ability of European leaders to address the debt crisis at a summit this week offset concerns over tightened North Sea supplies due to a strike in Norway.

Crude oil futures declined during Asian trading hours Tuesday as sentiment was dampened on concerns that faltering global growth could lead to lower oil demand.

With the victory of the Muslim Brotherhood candidate in Egypt's presidential runoff, the world's largest Arab nation appears set not just for a transition to democracy but also for economic growth, Egyptian officials said Monday after the election results were announced.

Asian stock markets mostly declined Monday as fears of a further global slowdown and economic headwinds from the euro zone continued to weigh on the sentiment.

Hailed as an African reformer, Yoweri Museveni has now become an autocrat who bends the rules to stay in power and hands favors to his family. Nothing new for Africa, unfortunately -- but the exact opposite of what he himself once pledged.

China and Brazil finalized an agreement on Thursday to exchange national currencies worth up to $30 billion as part of bilateral efforts to shore up reserves in times of crisis.

To that end, Hollande wants to slap a 75 percent tax rate on those Frenchmen earning in excess of ?1 million per year.