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Business 18 Apr 2016 | 12:00 AM

Greece's Tsakalotos reaches out to Lagarde as bailout talks drag

OTTAWA: Greece's finance minister arranged a last-minute follow-up meeting with International Monetary Fund managing director Christine Lagarde before returning to Athens from a gathering of global policy makers in Washington, as the nation seeks to unlock more bailout funds from creditors.

Business 18 Apr 2016 | 12:00 AM

Jordan says SNB can fight strong franc

FRANKFURT: The Swiss National Bank has room to cut interest rates further below zero and is willing to increase the size of its balance sheet through currency intervention to prevent an already “significantly overvalued” franc from strengthening, President Thomas Jordan said.

Business 18 Apr 2016 | 12:00 AM

TIMF: Go for growth-friendly fiscal policy

WASHINGTON: The International Monetary Fund’s (IMF) steering committee last Saturday urged member countries to boost “growth-friendly” spending and said the fund should explore new lending tools to help deal with slowing global growth.

Business 17 Apr 2016 | 10:48 PM

UK economy faces permanent hit with Brexit

LONDON: British finance minister George Osborne said a vote to leave the European Union in a referendum in June would do permanent damage to the country's economy, which he warned would be 6 percent smaller by 2030 than if it stayed in the bloc.

World 17 Apr 2016 | 5:29 PM

Ultra-nationalist resurgence could complicate Serbia's EU path

JAGODINA, Serbia (Reuters) - Ultra-nationalists are set to return to Serbia's parliament in an April 24 election after an absence of several years, boosted by growing discontent with Prime Minister Aleksandar Vucic's pro-European Union stance and austerity policies.

World 17 Apr 2016 | 12:00 AM

How Greece demonises IMF

Greek PM uses leaks to push for bailout sacrifices while transcript saps trust, angers IMF and embarrasses EU.

World 16 Apr 2016 | 6:53 AM

Iran calls on U.S., EU to help it access frozen funds

WASHINGTON (Reuters) - Iran on Friday called on the United States and the European Union to help it access the global financial system, including assets that Tehran says were supposed to be unfrozen following its historic nuclear deal with major international powers.

Business 16 Apr 2016 | 12:00 AM

How to invest in a mature bull market

THE FTSE Bursa Malaysia KLCI (FBM KLCI) together with the Dow Jones and all major indexes have been bullish over the last seven years. Since the 2008 subprime crisis in the US, markets have been on a virtual uptrend right up to now. It hasn’t quite ended, and here lies the skittishness.

Business 16 Apr 2016 | 12:00 AM

Outcome of Doha meeting to set the tone

REVIEW: Against a bullish US backdrop the previous Friday and supported by a strong ringgit, many people had expected the local bourse to rally at the start of the week.

Economy 16 Apr 2016 | 12:00 AM

Investors more attracted to government bonds

MORE longer dated tenures for bonds are in the pipeline, with investors continuing to show stronger interest in government bonds over corporate bonds.