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IMF's Lagarde to stand trial in Tapie case

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PARIS France's highest appeals court ruled on Friday that International Monetary Fund chief Christine Lagarde must stand trial for her role in a 400 million euros ($440 million) state payout in 2008 to businessman Bernard Tapie. | Video

IMF's Lagarde to stand trial in Tapie case

PARIS France's highest appeals court ruled on Friday that International Monetary Fund chief Christine Lagarde must stand trial for her role in a 400 million euros ($440 million) state payout in 2008 to businessman Bernard Tapie.

World, Top News 22 Jul 2016

IMF's Lagarde says global growth forecast revised downward on Brexit

BEIJING International Monetary Fund Managing Director Christine Lagarde said on Friday Brexit meant the global growth forecast was revised down and that uncertainty from Britain's decision to leave the European Union should be removed as soon as possible.

Business, 22 Jul 2016

India economic growth to remain solid, only one rate cut likely: Reuters poll

BENGALURU India's economy will hum along at a solid pace for the remainder of this fiscal year provided structural reforms are passed, while above-target inflation means the Reserve Bank of India will only cut rates once more this year, a Reuters poll found.

Business, Top News, Economy, 21 Jul 2016

IMF chief - Loss of small-country bank access risks 'systemic' disruptions

WASHINGTON/NEW YORK The loss of correspondent banking relationships in developing countries as major banks try to limit risk exposures could marginalise small economies and cause "systemic" disruptions to their financial systems, the head of the International Monetary Fund said on Monday.

Business, 19 Jul 2016

IMF cuts euro zone growth outlook on 'Brexit,' warns it may get worse

WASHINGTON The International Monetary Fund on Friday cut its euro zone growth outlook for the next two years over uncertainties sparked by Britain's vote to leave the European Union, and warned that the conditions could worsen if confusion continues to reign in financial markets.

Business, 09 Jul 2016

IMF's Lagarde nominates Chinese central banker as new deputy

WASHINGTON International Monetary Fund Managing Director Christine Lagarde said on Friday she has nominated Zhang Tao, deputy governor of China's central bank, to serve as an IMF deputy managing director effective August 22.

Business, 08 Jul 2016

IMF board approves $5.34 billion standby arrangement for Iraq

WASHINGTON The International Monetary Fund said on Thursday its executive board approved a new three-year, $5.34 billion standby arrangement for Iraq to support Baghdad's efforts to deal with lower oil prices and ensure debt sustainability.

Business, 08 Jul 2016

IMF's Lagarde warns against Trump-style protectionism - FT

WASHINGTON International Monetary Fund Managing Director Christine Lagarde warned in an interview published on Thursday that anti-trade policies like those championed by Republican presidential candidate Donald Trump risked a protectionist movement that could severely damage global growth.

Business, 07 Jul 2016

EU exit could trim UK GDP by 1.5 to 4.5 pct by 2019 - IMF head

PARIS A European Union exit could cut Britain's gross domestic product by anywhere between 1.5 and 4.5 percentage points by 2019, IMF chief Christine Lagarde said in an interview published in Le Monde newspaper on Monday.

Business, 04 Jul 2016