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TOKYO: Japan's economy is expected to have narrowly avoided another recession at the start of 2016 but economists in a Reuters poll also predicted that growth and inflation will remain tepid this year, held back in part by the recent sharp rise in the yen.
WASHINGTON (Reuters) - International Monetary Fund Managing Director Christine Lagarde on Wednesday said efforts to deal with refugees from war-torn countries in the Middle East and North Africa required a "bigger, bolder and broader approach."
WASHINGTON: Central bankers usually worry about when to remove the punch bowl of cheap finance but when they gather in Washington, D.C. this week they will face a different problem: How to force the world to drink. Amid a flood of cheap money and a historic experiment with negative interest rates, households, corporations and banks in the developed world have turned their backs on borrowing.
KUALA LUMPUR: The FBM KLCI remains flat at the midday close despite Asian equities resuming a second day of strong advances while emerging market currencies trended downwards.
SINGAPORE: Singapore's central bank unexpectedly eased policy on Thursday after growth stalled in the first quarter, darkening the outlook for the trade-dependent economy and triggering the worst fall in the local dollar in eight months.
KIEV (Reuters) - A coalition of Ukraine's two largest parties has agreed to back Volodymyr Groysman for prime minister and reshuffle the cabinet, lawmakers said on Wednesday, paving the way for the biggest shake-up since a 2014 uprising brought in a pro-Western leadership.
KUALA LUMPUR: ALL TIMES ARE PROVISIONAL AND IN LOCAL TIME FOLLOWED BY GMT IN BRACKETS
SINGAPORE: Singapore will start to regulate its financial technology companies only when they grow to a sufficient size to pose risks to the wider financial system, the managing director of the country’s central bank said.