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World 30 Nov 2020 | 3:29 AM

Spotlight: Pandemic accelerates transformation of investment landscape

by Xinhua writer Liu Yanan

World 25 Nov 2020 | 5:46 AM

IMF chief says additional monetary stimulus may pose risks to financial stability

WASHINGTON, Nov. 24 (Xinhua) -- International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Tuesday that additional monetary stimulus may pose important risks to financial stability, urging fiscal policy to play a significant role in the post-pandemic recovery.

World 21 Nov 2020 | 5:48 AM

Lagarde calls for policy action to support long-term sustainable growth

FRANKFURT, Nov. 20 (Xinhua) -- European Central Bank (ECB) President Christine Lagarde said on Friday that the pandemic provides an opportunity to harness new technologies, and urged policymakers and the industry to support innovation and invest in education, areas that benefit sustainable growth in the long run.

World 20 Nov 2020 | 1:57 AM

IMF chief urges continued strong policy action to combat persistent uncertainty

WASHINGTON, Nov. 19 (Xinhua) -- International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Thursday called for continued strong policy action to combat continued uncertainty as countries started to climb back from the depths of the COVID-19 crisis.

World 11 Nov 2020 | 3:40 AM

Gold up on technical bounce

CHICAGO, Nov. 10 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange rebounded on Tuesday after reaching an oversold state.

World 06 Nov 2020 | 6:41 AM

Spotlight: U.S. Fed stands pat amid election uncertainty, coronavirus resurgence concerns

WASHINGTON, Nov. 5 (Xinhua) -- The U.S. Federal Reserve on Thursday kept its benchmark interest rate unchanged at the record-low level of near zero while making no change to its pace of asset purchases amid election uncertainty and coronavirus resurgence concerns.

World 03 Nov 2020 | 3:21 AM

IMF chief economist urges more fiscal stimulus to boost recovery amid global liquidity trap

WASHINGTON, Nov. 2 (Xinhua) -- Gita Gopinath, chief economist of the International Monetary Fund (IMF), on Monday urged policymakers to provide more fiscal stimulus to boost the recovery from the COVID-19 pandemic as the global economy is in a liquidity trap.

World 20 Oct 2020 | 4:43 AM

IMF officials call for strengthening cooperation to improve cross-border payments

WASHINGTON, Oct. 19 (Xinhua) -- Senior officials at the International Monetary Fund (IMF) on Monday called for strengthening international cooperation to improve cross-border payments as many central banks are exploring the issuance of digital currencies.

World 03 Oct 2020 | 12:01 AM

ECB publishes report on digital euro

FRANKFURT, Oct. 2 (Xinhua) -- The European Central Bank (ECB) on Friday published a report on the possible issuance of a central bank digital currency (CBDC), or the digital euro, saying that the Eurosystem will consider whether to start a digital euro project towards mid-2021.