IMF's Lagarde says markets need clarity on China currency

Jan 23, 2016

IMF's Lagarde says markets need clarity on China currency

Financial markets need more clarity on how the Chinese authorities are managing their currency, particularly the relationship of the yuan to the U.S. dollar, IMF Managing Director Christine Lagarde said on Saturday. Asked at a panel discussion in Davos whether she would back capital ...

Jan 12, 2016

Fukushima governor to attend Davos forum next week

Fukushima Gov. Masao Uchibori said Tuesday he will attend this year’s World Economic Forum meeting to talk about recovery efforts in the prefecture. The annual gathering of financiers and government officials will take place in Switzerland starting Jan. 20. Uchibori is scheduled to attend ...

Sep 30, 2015

Competitiveness list keeps Japan at sixth, Switzerland on top

Japan retained sixth place in this year’s global competitiveness rankings, with Switzerland remaining at the top for the seventh consecutive year, the World Economic Forum said in its report Wednesday. Singapore and the United States placed second and third, respectively, while Germany was fourth ...

Prince Andrew speaks out on underage sex allegation

Jan 23, 2015

Prince Andrew speaks out on underage sex allegation

Britain’s Prince Andrew on Thursday publicly denied for the first time allegations that he had sex with an underage teenager. The 54-year-old royal, Queen Elizabeth II’s second son and fifth in line to the British throne, has faced increasing pressure to respond to the ...