Ex-drug executive Shkreli hires lawyer to celebrities for fraud case


NEW YORK Former drug executive Martin Shkreli, facing an indictment for engaging in securities fraud, replaced his legal team on Tuesday with a New York lawyer whose past clients have included former International Monetary Fund chief Dominique Strauss-Kahn and rapper Sean "Diddy" Combs.

Ex-IMF chief Rato faces trial over Spanish credit card use

MADRID Spain's High Court said on Monday it would open a trial against former International Monetary Fund (IMF) chief Rodrigo Rato and dozens of other people alleged to have misused credit cards for personal expenses while at Spanish lender Bankia.

World, Spain 01 Feb 2016

China will keep yuan stable, communicate with markets: premier

BEIJING China will keep the yuan "basically stable" and improve communication with financial markets on the currency, Premier Li Keqiang told International Monetary Fund (IMF) chief Christine Lagarde on Thursday.

Davos 28 Jan 2016

Darling of Davos, Lagarde has second IMF term sewn up

DAVOS, Switzerland The darling of the Davos political and financial elite, Christine Lagarde has a second term at the helm of the International Monetary Fund sewn up just days after nominations opened, despite facing possible trial in France.

Davos, 24 Jan 2016

IMF's Lagarde says markets need clarity on China currency

DAVOS, Switzerland Financial markets need more clarity on how 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.

Davos, China 23 Jan 2016

IMF cuts global growth forecast as China slows

WASHINGTON The International Monetary Fund cut its global growth forecasts for the third time in less than a year on Tuesday, as new figures from Beijing showed that the Chinese economy grew at its slowest rate in a quarter of a century in 2015. | Video

Davos 19 Jan 2016

IMF cuts 2016 growth forecast for Russia

MOSCOW The International Monetary Fund cut its economic growth forecast for Russia on Tuesday, predicting in its World Economic Outlook that Russia's economy would contract by 1 percent in 2016.

Davos 19 Jan 2016

IMF chief economist sees overreaction in markets to oil, China

LONDON Global financial markets seem to be overreacting to falling oil prices and the risk of a sharp downturn in China's economy, the chief economist of the International Monetary Fund said on Tuesday.

China, Davos 19 Jan 2016

Fed hikes need to be gradual, risk hurting emerging world: IMF chief

PARIS Further interest rate hikes by the U.S. Federal Reserve should be gradual or they risk hurting already fragile emerging economies, where many companies borrow in dollars, the head of the International Monetary Fund said on Tuesday.

Davos 12 Jan 2016

Global growth will be disappointing in 2016: IMF's Lagarde

BERLIN Global economic growth will be disappointing next year and the outlook for the medium-term has also deteriorated, the head of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday.

30 Dec 2015