Advertisement
Advertisement
TOPIC

International Monetary Fund (IMF)

International Monetary Fund (IMF)
Latest news, features and opinion on the International Monetary Fund (IMF). The 189-nation IMF promotes global monetary cooperation, facilities trade, encourages sustainable growth and makes funds available to countries experiencing fiscal difficulties.
Illustration: Lau Ka-kuen
China technology

Open Questions | Nobel laureate Simon Johnson on the AI race and China’s ‘over-automation’ risks

The Nobel Prize-winning economist discusses how AI is reshaping US-China competition – and poses unique challenges for both economies.

videocam
18
US-China relations

Open Questions | Nobel economist on anti-China, anti-science US, AI’s risks

videocam
Global monetary policy

Amid rising dollar risks, Plaza Accord-style unity not feasible: ex-IMF adviser

Artificial intelligence

Macroscope | Don’t expect the rising tide of AI to lift all boats

While economies linked to hi-tech supply chains may perform well, unequal outcomes and economic instability still loom for much of the world.

videocam
Workers walk outside a data centre building under construction in Johor Bahru Malaysia, on September 28, 2024. Photo: AP
United States

IMF sees world economy growing just 3% this year amid Iran war

The outlook is weighed down by the Iran war but helped by AI and other technologies.

videocam
China economy

Opinion | A healthy economy isn’t built on asset bubbles and debt pyramids

A financial system designed to increase market valuations rather than improve people’s quality of life is prone to crisis.

videocam
Advertisement
Advertisement
Advertisement
Science

Chinese police uncover link between investment and attacks on citizens in Africa

Chinese projects, firms and workers in Africa more vulnerable to security threats in regions where armed conflict, social tensions thrive.

videocam
Passengers get off a train at a station on the Chinese-built Lagos-Ibadan Railway in Nigeria. Photo: Xinhua
Venezuela

Venezuela’s leader defends quake response as thousands remain missing

In her first press conference since taking power after Maduro’s capture by the US, Rodriguez lashes critics.

videocam
US, Israel war on Iran

Iran survived 3 months of war. Can it survive the aftermath?

US$270 billion in damage and 4 million citizens plunged into poverty may have broken Iran’s economy.

videocam
18
Venezuelan crisis

In Venezuela, China’s oil-for-loan deals run into huge US-led debt restructuring

Beijing’s influence in Caracas seen fading, with Washington controlling Venezuela’s oil revenues and debt overhaul, potentially triggering a stand-off.

videocam
14
China’s oil-for-loan mechanism with Venezuela could be affected by Washington's intervention in the country. Photo: Getty Images
China-EU relations

As I see it | Europe wants a new Plaza Accord for China – seriously?

Instead of hoping for Beijing to commit economic suicide, it would be more realistic for the EU to strike a mutually acceptable trade deal.

videocam
27
European Council President Antonio Costa (second left) walks with German Chancellor Friedrich Merz amid discussions on the EU budget for 2028, in Brussels, Belgium, on June 19. Photo: dpa
China-EU relations

European Central Bank’s President Lagarde urges talks on yuan undervaluation

China has denied it manipulates its currency for trade advantage but its surging trade surpluses are worrying leaders of the G7 nations.

7
Americas and the Caribbean

Bolivian lawmakers approve state of emergency as protests choke supply chain

Analysts ⁠and legal experts have warned that the emergency powers could deepen unrest if they fail to address the protests’ underlying causes.

Bolivia (Plurinational State of)

Bolivia’s president declares state of emergency, paving way for troop deployment

Protests have brought the country’s economy to a halt over issues ranging from the cutting of fuel subsidies to discontent over wages.

A soldier stands outside the Estado Mayor headquarters in La Paz on Saturday, after Bolivian President Rodrigo Paz declared a nationwide state of emergency following weeks of violence and blockades. Photo: Reuters
Artificial intelligence

Outside In | AI’s looming impact on jobs warrants some brakes on development

Just as drugs can’t go to market without thorough testing, the uncertainty surrounding the effect of AI means it must face globally agreed regulations.

videocam
A staff member collects data on a robot’s movements as it works in a simulated supermarket at the embodied intelligence robot data and training base of the Beijing Innovation Centre of Humanoid Robotics in Beijing on June 12. Photo: Xinhua
Banking & finance

Open Questions | AIIB head Zou Jiayi on multilateralism as ‘infrastructure of global trust’

As the Beijing-based development bank marks its 10th anniversary, its president says institutions like hers ‘create certainty amid uncertainty’.

Yuan

Yuan poll finds 95% of overseas firms expect to sustain or boost use of currency

Increased international adoption of China’s currency highlights progress in Beijing’s strategic push amid the US dollar’s global financial dominance.

videocam
4
Advertisement
Advertisement
Advertisement
Banking & finance

Mainland China set to issue US$2.2b of sovereign bonds in Hong Kong next week

The offering is expected to be popular with central banks and sovereign funds seeking to diversify away from US dollar assets.

The Ministry of Finance has announced that it plans to issue 15 billion yuan (US$2.2 billion) worth of sovereign bonds in Hong Kong next week. Photo: Getty Images.
China trade

New global financial architecture needed to end trade surplus fixation: Piketty

Economist proposes central bank and currency under the UN to remove fears that ‘world financial markets are going to eat your currency’.

5
Banking & finance

Macroscope | Why bond yields are going up everywhere

Unlike stock markets, bond markets are signalling a more cognisant and mature appreciation of the state of government finances.

5
China-EU relations

European leaders get ready to ‘act now’ amid rising fears of ‘China shock 2.0’

Ahead of a key debate on Friday, most commissioners said to support a more robust stance and broader use of safeguard measures.

28
European Commission President Ursula von der Leyen is among those in support of a stronger trade and industrial policy. Photo: EPA
Banking & finance

Can currency swaps make China a lender of last resort?

Change is coming as the US dollar loses its shine and more yuan deals are struck, Zhu Min says.

videocam
A former Chinese central bank official says wider international use of the yuan would not only benefit China’s economy but also contribute to the stability of the global financial system. Photo: AP
US, Israel war on Iran

27 countries seek access to World Bank funds since Iran war

An analyst says nations prefer the World Bank over the International Monetary Fund for help, due to the IMF’s austerity measures.

Banking & finance

AIIB launches US$10 billion facility to help nations hit by Iran war fallout

The new facility will help nations deal with urgent energy, food and economic resilience needs, according to the bank.

videocam
Hong Kong healthcare and hospitals

Letters | In medical incident probes, stats and facts are as vital as transparency

Readers discuss the nuanced difference between a medical blunder and a medical complication, AI and mental health, and the IMF’s advice to Hong Kong.

Tuen Mun Hospital in Hong Kong. Photo: Jelly Tse
Indonesia

Indonesia’s oil hub pitch collides with Asean’s trust deficit

Joint energy security is easy to endorse in principle, yet the bloc has a stubborn record of leaving its emergency frameworks untouched.

Oil tankers and cargo ships are seen at the oil depot and container terminal of Tanjung Priok Port in Jakarta, Indonesia, on March 31. Photo: AFP/Getty Images/TNS
China-Latin America relations

How a US$5 billion Chinese lifeline to Argentina shrank to almost nothing

Central bank records show the swap balance fell to US$675 million as Washington pressed Buenos Aires to wind it down.

Hong Kong economy

Hong Kong’s Paul Chan is heading to Europe. So what’s on the itinerary?

Finance chief’s trip announced on Sunday and follows easing of tensions after US President Donald Trump visited mainland China.

Advertisement
Advertisement
Advertisement
Help preserve 120 years of quality journalism.
SUPPORT NOW
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement