Greece`s Tsipras: Bridging loan would be a `return to crisis without end`

Last Updated: Friday, August 14, 2015, 13:07

Greek Prime Minister Alexis Tsipras warned Friday that a German proposal to give his debt-ridden country a bridging loan rather than agree a new bailout would be "a return to a crisis without end".

Greece bailout deal `will not work`: Varoufakis

Last Updated: Wednesday, August 12, 2015, 23:55

Greece`s former finance minister Yanis Varoufakis on Wednesday warned that the latest bailout deal was doomed to fail despite Prime Minister Alexis Tsipras saying he was "confident" of ending economic uncertainty.

US in wait-and-see mode on China`s yuan devaluation

Last Updated: Wednesday, August 12, 2015, 03:02

The United States warned China on Tuesday to push on with reforms to its exchange rate policy, saying it was too early to judge its devaluation of the yuan.

Greece's third bailout agreed 'in principle'

Last Updated: Tuesday, August 11, 2015, 19:50

"What we don't have is a political agreement," said Commission spokeswoman Annika Breidthardt, hours after Athens suggested that the deal was all but done.

Greece to cut MP tax breaks, minister salaries: Tsipras

Last Updated: Monday, August 10, 2015, 20:41

"The political system must be responsive to the feelings of society," Tsipras told ministers according to a government note.

Greece and creditors `close` to deal on third bailout

Last Updated: Monday, August 10, 2015, 09:07

Greece and its creditors continued marathon talks into Sunday night with both sides indicating that the terms of a third bailout were close to being finalised.

Pakistan economy to increase to 4.5% this year: IMF

Last Updated: Friday, August 7, 2015, 22:30

The IMF Friday forecast Pakistan's country's economy to increase to 4.5 percent this fiscal, citing macroeconomic stability, low global oil prices, planned improvements in the domestic energy supply and investment related to the China-Pak Economic Corridor.

Greece makes loan interest payment to IMF

Last Updated: Friday, August 7, 2015, 02:43

Greece made a loan interest payment due Thursday to the International Monetary Fund, the institution said, avoiding another default as the debt-riddled country negotiates a third rescue plan.

Ukraine`s debt faces `high risks`: IMF

Last Updated: Wednesday, August 5, 2015, 01:06

The IMF, which recently released a loan installment for Ukraine, said Tuesday it views the country`s debt as sustainable but facing "exceptionally high" risks linked notably to the pro-Russian conflict.

Greek bailout talks with auditors begin

Last Updated: Saturday, August 1, 2015, 13:17

Senior EU-IMF auditors has held their first meetings with Greek ministers to finalise a new three-year bailout as the Athens stock market prepares to reopen after being shut down for over a month by the debt crisis.

China 'strong enough' to handle market turmoil: IMF

Last Updated: Wednesday, July 29, 2015, 20:41

International Monetary Fund Managing Director Christine Lagarde said Wednesday that China could weather the turmoil battering its stock exchanges.

Greece bailout talks to start on Monday

Last Updated: Sunday, July 26, 2015, 17:06

Meetings with officials from the European Commission, European Central Bank (ECB) and the International Monetary Fund (IMF), which had been expected to begin on Friday, were delayed by logistical issues, including the location of talks and security.