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A service for global professionals · Sunday, April 11, 2021 · 538,441,980 Articles · 3+ Million Readers
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  • Published on Apr 10, 2021

    IMF Forecasts Australian Economy to Bounce Back

    Australia is predicted to outperform all major advanced economies this year after forecasts from the International Monetary Fund (IMF) World Economic Outlook noted the Australia’s economy would grow by 4.5 percent in 2021 and 2.8 percent in 2022, after …

    Source: The Epoch Times - Right-wing
  • Published on Apr 10, 2021

    China’s dilemma: Growing old before it becomes rich and powerful

    The International Monetary Fund believes China will have to increase public spending on pensions by an amount equivalent to over 100 per cent of GDP in aggregate over the next 30 years based on current plans. Tea attendants practice before the second …

    Source: WAtoday - Neutral
  • Published on Apr 7, 2021

    S&P/ASX 200 rises for a fourth day in a row; IMF upgrades economic growth to 4.5%

    COVID-19 related deaths worldwide crossed 3 million on Tuesday, according to a Reuters tally. S&P/ASX 200 (INDEXASX:XJO) is rising for a fourth consecutive session with the index adding 0.20% to 6900 points by 1.13 pm, trading near fresh 13-month …

    Source: Proactive - Neutral
  • Published on Apr 7, 2021

    IMF confirms strong Australian performance

    The International Monetary Fund's upgrade of the Australian economic outlook confirms the nation has outperformed all major advanced economies over the past year, Treasurer Josh Frydenberg says. The IMF is expecting the economy to grow by 4.5 per cent …

    Source: PerthNow - Neutral
  • Published on Apr 7, 2021

    Australia’s economy roars back to life

    The Australian economy is pole vaulting back from the doldrums of coronavirus, with the International Monetary Fund forecasting 4.5 per cent growth this year. But the financial institution, headquartered in Washington D.C, projects growth will slow to 2.8 …

    Source: News.com.au - Neutral
  • Published on Apr 6, 2021

    IMF upgrades Australia’s post-Covid economic outlook

    The International Monetary Fund has upgraded its global economic forecasts, including for Australia, but warns the recovery from recession still depends on the rollouts of coronavirus vaccines. It says multi-speed recoveries are under way in all regions, …

    Source: The Guardian - Neutral
  • Published on Apr 7, 2021

    JobKeeper loss and lockdowns hurt consumer confidence but Australian stocks keep rising

    The latest round of consumer confidence data shows that the end of JobKeeper and Brisbane's lockdown impacted optimism - but that is not being reflected on the Australian sharemarket. At 10:45am AEST, the ASX 200 was up 0.5 per cent to 6,923 points. …

    Source: ABC (Australian Broadcasting Corporation) - Public Broadcaster
  • Published on Apr 9, 2021

    After pandemic ‘this will be a different economy’, says Fed’s Powell

    The US economy, boosted by quickening vaccinations, is headed toward a strong recovery, Federal Reserve Chair Jerome Powell said on Thursday. But he cautioned not all will immediately benefit. “There are a number of factors that are coming together to …

    Source: The Age - Neutral
  • Published on Apr 9, 2021

    World stocks hit record high

    Global stocks have hit record highs as tech shares on Wall Street cheered receding US inflation fears, with the lack of inflation pressure keeping bond yields near two-week lows. Federal Reserve Chair Jerome Powell reiterated late on Thursday that …

    Source: PerthNow - Neutral
  • Published on Apr 4, 2021

    IMF, World Bank, G-20 to hold meetings this week to assess global economy damage

    The International Monetary Fund and World Bank spring meetings will take place virtually for a second year starting on Monday. The IMF will release its updated World Economic Outlook on Tuesday, with Managing Director Kristalina Georgieva already …

    Source: Mint - Neutral
  • Published on Apr 9, 2021

    ‘People’s Vaccine’ Or Bust, Oxfam Warns

    CANBERRA, Australia — Failure to vaccinate the entire global population could cost each Australian more than AUD 1,300 ($992.76), as the economy stutters and mutant strains of coronavirus take hold, Oxfam has warned. Lyn Morgain, chief executive, Oxfam …

    Source: The Dallas Post Tribune - Texas - Left-wing
  • Published on Apr 9, 2021

    World Stocks Mixed; US Futures Higher

    Added to that, a fresh round of U.S. sanctions, this time against seven Chinese supercomputer makers, has revived concern over trade friction between the two largest economies, said Jeffrey Halley of Oanda. "Asian markets are once again adopting a …

    Source: Progressive Farmer - Neutral
  • Published on Apr 9, 2021

    Flat open on Wall Street; Treasury yields lift banks

    BANGKOK — Shares are opening flat on Wall Street Friday. The S&P 500 is unchanged from Thursday’s close at 4,097 as of 9:35 a.m. Eastern. Falling IT stocks is keeping the index from extending this week’s rise to record highs. Rising Treasury yields …

    Source: The Republic - Indiana - Neutral
  • Published on Apr 9, 2021

    Major U.S. Stock Indexes May Move In Opposite Directions

    The major U.S. index futures are currently pointing to a mixed open on Friday following the upward move seen in the previous session. While the Nasdaq futures are down by 34 points, the Dow futures are up by 77 points and the S&P 500 futures are up by …

    Source: RTTNews - Neutral
  • Published on Apr 9, 2021

    World shares mixed, U.S. futures higher

    BANGKOK -- European shares opened higher on Friday and U.S. futures gained after a lacklustre session in Asia. Germany's DAX edged up 0.1% to 15,222.44 and the CAC 40 in Paris picked up 0.3% to 6,182.93. Britain's FTSE 100 slipped 0.1% to 6,932.51. …

    Source: CTV News - Neutral
  • Published on Apr 9, 2021

    U.S. stock futures buoyant on inflation view

    By Carolyn Cohn LONDON (Reuters) - U.S. stock futures were buoyant before the open on Friday after the S&P 500 rose to a record on Thursday on easing inflation fears, and world stocks also scored a record high. FILE PHOTO: Traders work, as a screen …

    Source: Reuters - Neutral
  • Published on Apr 9, 2021

    Dollar Bounces Off Lows; Fed Remains Accommodative

    By Peter Nurse Investing.com - The dollar edged higher in early European trading Friday, but remains anchored near two-week lows following disappointing jobless figures and with the Federal Reserve showing no signs for changing its ultra easy monetary …

    Source: Investing.com - Neutral
  • Published on Mar 31, 2021

    Keep wage subsidy until COVID abates: IMF

    Governments that can afford to maintain job retention schemes, like wage subsides, should keep them in place until the COVID-19 pandemic "abates markedly". In a new analysis, the International Monetary Fund says this will help avoid periods of …

    Source: PerthNow - Neutral
  • Published on Apr 9, 2021

    Asian shares mostly lower on strong China price data

    BANGKOK (AP) — Shares fell Friday in most Asian markets after China reported a stronger than expected rise in prices that could prompt authorities to act to cool inflation. Japan’s benchmark Nikkei 225 index rebounded after falling the day before. Shares …

    Source: KTIV - Iowa - Neutral
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  • Published on April 9, 2021 - 17:53 GMT

    IMF Staff Completes 2021 Article IV Mission to Botswana

    April 9, 2021 End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of …

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  • Published on April 8, 2021 - 20:25 GMT

    IMF Managing Director Opening Remarks for IMFC Press Conference

    April 8, 2021 I am very grateful to you, Magdalena, for taking on the responsibility of the IMFC chair at this critical time for the membership. You did a fabulous job today by keeping us focused. This stewardship is what we need for the years ahead. As …

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