Top IMF official urges Japan to labor market, structural reforms

/ Jun 19, 2017

Top IMF official urges Japan to labor market, structural reforms

Japan should capitalize on its current economic expansion by pushing for labor and other structural reforms, the International Monetary Fund said Monday.The IMF also said the country’s monetary policy should be accommodative, calling on the Bank of Japan to “carefully calibrate” its yield curve ...

Aso pushes back on U.S. call for scrutiny of currency moves

Apr 23, 2017

Aso pushes back on U.S. call for scrutiny of currency moves

Finance Minister Taro Aso said Saturday trade imbalances cannot be fixed through exchange-rate adjustments alone, pushing back against Washington’s calls to have more rigorous IMF scrutiny of currency moves.Earlier, U.S. Treasury Secretary Steven Mnuchin at the spring meeting of the 189-nation International Monetary Fund ...

/ Apr 18, 2017

IMF raises Japan growth forecast to 1.2% this year, 0.6% in 2018

The International Monetary Fund Tuesday raised its growth forecast for Japan’s economy this year and next, citing a pickup in exports, but warned that a shrinking labor force and below-forecast inflation would curb longer-term growth.The IMF upgraded its forecast for the world’s third-largest economy ...

Letter bomb explodes at France office of IMF, injuring one

Mar 16, 2017

Letter bomb explodes at France office of IMF, injuring one

A letter bomb exploded at the Paris offices of the International Monetary Fund on Thursday, injuring a secretary who suffered burns to her hands and face, police said.Employees were evacuated from the building near the Arc de Triomphe monument in the heart of the ...

Mar 5, 2017

Ukraine reaches preliminary agreement with IMF on fresh aid

The International Monetary Fund said Saturday it had reached a preliminary agreement with Ukraine that could see the war-scarred and cashed-starved nation receive fresh aid in the first half of the year.The news was particularly good for the ex-Soviet republic because the IMF statement ...