SeekingAlpha ETFs (Free subscription) | yesterday
Tom Lydon (ETF Trends) submits: The Chinese yuan, along with the related ETF, hasn’t shifted much because of the country’s staunch approach to monetary management. However, external and internal factors may soon change that. President Barack Obama and Dominique Strauss-Kahn, managing director of the International Monetary Fund, both told Chinese officials that letting the yuan appreciate...
Hindu (Free subscription) | 21/11/2009
WASHINGTON: With a proven track record in managing complex work programmes, economist Siddharth Tiwari has been named as the Secretary of the International Monetary Fund (IMF) by its Managing Director Dominique Strauss-Kahn. Mr. Tiwari, ...
ETF Trends (Free subscription) | 20/11/2009
The Chinese yuan, along with the related exchange traded funds (ETF), hasn’t shifted much because of the country’s staunch approach to monetary management. However, external and internal factors may soon change that. President Barack Obama and Dominique Strauss-Kahn, managing director...
American Power (Free subscription) | 20/11/2009
From the Economist , " China's Currency: A Yuan-Sided Argument ": PRESIDENT BARACK OBAMA, on his first visit to China this week, urged the government to allow its currency to rise. President Hu Jintao politely chose to ignore him. In recent weeks Jean-Claude Trichet, the president of the European Central Bank, and Dominique Strauss-Kahn, the managing director of the International Monetary...
The Economist (Free subscription) | 19/11/2009
Why China resists foreign demands to revalue its currency PRESIDENT BARACK OBAMA, on his first visit to China this week, urged the government to allow its currency to rise. President Hu Jintao politely chose to ignore him. In recent weeks Jean-Claude Trichet, the president of the European Central Bank, and Dominique Strauss-Kahn, the managing director of the International Monetary Fund, have also...
whoar.co.nz (Free subscription) | 19/11/2009
“..The imperative of greater global currency stability means the world can no longer rely, as it has done since the end of the gold standard .. .. on a currency issued by a single country .. the head of the IMF said on Tuesday. Dominique Strauss-Kahn, the managing director of the International Monetary Fund, restated his view [...]
The Economist (Free subscription) | 18/11/2009
Why China resists foreign demands to revalue its currency PRESIDENT Barack Obama, on his first visit to China this week, urged the government to allow its currency to rise. President Hu Jintao politely chose to ignore him. In recent weeks Jean-Claude Trichet, the president of the European Central Bank, and Dominique Strauss-Kahn, the managing director of the International Monetary Fund, have also...
Times of India (Free subscription) | 17/11/2009
Dominique Strauss-Kahn, the managing director of IMF, said that the yuan may be added in future to the basket of currencies that set the value of IMF monetary units called special drawing rights (SDRs).
FP Passport (Free subscription) | 17/11/2009
A " scurrilous idea " -- better known as the Tobin tax, a levy on foreign-exchange transactions -- seems to be taking on a life of its own. This week U.S. Rep. Peter DeFazio is expected to propose a tax on all financial transactions (like stock purchases -- excluding those connected to health, education, and pensions). The idea of funding job creation in this way has the backing of a variety...
People Daily (Free subscription) | 17/11/2009
Dominique Strauss-Kahn, managing director of the International Monetary Fund (IMF), said here Tuesday the Fund fully supports China's efforts to shift its growth model "from heavy reliance on exports toward private consumption." "Chinese government strategy will be good not only to Chinese people but also to the world economy," said the IMF chief at a press conference in Beijing....
San Fransisco Chronicle (Free subscription) | 17/11/2009
The chief of the International Monetary Fund said Tuesday that Beijing should let its currency rise as a stronger yuan would help China's development and ease global imbalances. IMF managing director Dominique Strauss-Kahn's comments came as U.S. President... International Monetary Fund - Dominique Strauss-Kahn - Beijing - China - Economic
People Daily (Free subscription) | 17/11/2009
China is leading the world out of recession and China's role has been rising in tandem with its growing economy in the international policy debate, said Director Dominique Strauss-Kahn of the International Monetary Fund at Beijing International Finance Forum. IMF predicts that China's economic growth rate may reach 8.5 percent in 2009 and 9 percent in 2010, substantially above the global average growth...
Stocks to Watch Today (Free subscription) | 16/11/2009
International Monetary Fund director Dominique Strauss-Kahn, at a talk in Beijing yesterday, said the U.S. dollar will continue as the dominant reserve currency “for some time to come,” according to a Dow Jones newswires article this morning. Mr. Strauss-Kahn, speaking while U.S. President Obama is traveling in China, urged the [...]
2point6billion.com (Free subscription) | 16/11/2009
Nov. 16 – A stronger Chinese currency needs to be part of the reforms that Beijing needs to make in order to increase domestic consumption and help ease global imbalances, International Monetary Fund managing director Dominique Strauss-Kahn has said on Monday according to The Economic Times. Stating that countries at the heart of global imbalances needed [...]
Calculated Risk (Free subscription) | 16/11/2009
From Reuters: Stronger Yuan Needed for Global Rebalancing: IMF Chief IMF Managing Director Dominique Strauss-Kahn said ... [China needs to increase emphasis on domestic demand], especially private consumption ... "A stronger currency is part of the package of necessary reforms," he said. "Allowing the renminbi (yuan) and other Asian currencies to rise would help increase the purchasing...
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