UPDATE 1-IMF says markets resilient, calm after rate rises
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The global financial system is at its most resilient since the equity bubble burst in 2001, the International Monetary Fund said on Wednesday, despite rising
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Finance ministers say the global economy is now recovering after the recent turmoil in worldwide markets.
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Global stock markets steadied Wednesday a day after the worst slide in years as Wall Street nerves were calmed by Fed chairman Ben Bernanke and Shanghai clawed back some of its massive losses.
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The International Monetary Fund says emerging economies will not be immune from a slowdown among wealthier nations.
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Financial markets are not experiencing a "deep crisis" but only turbulence, and central banks are managing the crisis well, International Monetary Fund Managing Director Dominique Strauss-Kahn said in an interview with Italian daily Il Sole 24 Ore.
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Wall Street extended its recovery after several stable sessions helped buttress investor sentiment and allay some concerns about the economy.
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The dollar steadied on Wednesday after  surging in the previous session when minutes of the Federal  Reserve's latest meeting suggested the central bank might step  up the pace of interest rate rises.
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Policy-makers assured nervous investors on Friday that the United States was not heading into recession and stock market losses did not warrant central bank intervention.
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European financial markets stabilized yesterday after the U.S. interest-rate cut, as political leaders sought to calm sell-off fears by assuring Europeans that economic problems were in the United States, not their countries.
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U.S. stocks rallied on Wednesday after the Federal Reserve held rates steady and did not signal a shift in policy for now.
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Uncertainty in global markets over  the size of losses caused by the current financial turmoil will  likely keep investors unsettled in the near term, the  International Monetary Fund warned on Monday.
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The International Monetary Fund warned Tuesday that the risks of a global slowdown have increased due to higher interest rates, surging oil prices and an apparent cooling in the U.S. housing market that could slow the U.S. economy.
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The global economy is set for another   year of strong growth, the International Monetary Fund said on   Thursday, but it warned that rising inflationary pressures and   a U.S. economic slowdown posed growing dangers.
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Washington - The International Monetary Fund (IMF) on forecast Wednesday a substantial jump in economic growth in sub-Saharan Africa this year and next, saying the outlook for the region was better than in years.
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The International Monetary Fund on Monday commended Australia for its strong economic performance and said the country&#39;s outlook was favorable and unlikely to
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Uncertainty in global markets over the size of losses caused by the current financial turmoil will likely keep investors unsettled in the near term, the International Monetary Fund warned on Monday.
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The IMF says China must not slacken efforts to ease too-rapid growth and urges it to reform exchange rates.