IMF's Strauss-Kahn sees no deep market crisis: paper
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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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HSBC&#39;s  private banking business  has been little hit by the ongoing credit crisis, the head of  the bank&#39;s private banking business, Chris Meares, told a Swiss  newspaper.
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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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A communique from the G20 group of rich and developing countries made no explicit reference to currency swings on Sunday, despite mounting concern in Europe and Japan over a slide in the U.S. dollar to multi-year lows.
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The European Union on Tuesday chose France's Dominique Strauss-Kahn to head the International Monetary Fund.
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The International Monetary Fund lowers its forecasts for global economic growth but does not predict a recession.
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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 world economy is sound, although  financial markets may remain ragged for some time, and China  must let its currency rise faster to rebalance global growth,  finance officials from rich nations said on Friday.
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Franco-German relations will not be negatively affected by the current crisis at aircraft maker Airbus and tough negotiations about restructuring, a high-ranking German government official said on Wednesday.
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BRUSSELS, Belgium -- The European Union chose Dominique Strauss-Kahn on Tuesday to head the International Monetary Fund, putting the former French finance minister in line to succeed Rodrigo de Rato in October.
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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 interest rates, heightened security and higher oil prices.
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French President Nicolas Sarkozy said in an interview published Saturday he will support the candidacy of former socialist minister Dominique Strauss-Kahn to head the International Monetary Fund.
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The world economy has  weathered sharp drops in asset prices well so far but could  face a slowdown if market volatility continues, central bank  chiefs from key developing nations said on Saturday.
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The International Monetary Fund said Friday China remains reluctant to float its currency. In its discussions with Chinese authorities about the country&#39;s economy, the IMF said
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Asian economies have weathered the US subprime mortgage crisis well and will experience only a mild slowdown next year, a senior International Monetary Fund official said Thursday.
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The German finance ministry has said it supports French socialist politician Dominique Strauss-Kahn as a candidate for the post of head of the International Monetary Fund.
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WASHINGTON (CBS.MW) -- Finance ministers from the world&#39;s seven richest nations aren&#39;t likely to pressure China on foreign-exchange policy when they meet with Chinese finance officials for the first time as a group in Washington at the end of the week, a