Denmark wants its Basel exemption if it joins Europe's banking union

COPENHAGEN - Denmark want to keep a tacit exemption that allows its banks to count mortgage-backed bonds as highly liquid assets if it becomes the only country outside the euro zone to join the European Union's banking union.

IDB puts Islamic finance on AIIB drawing board

SARAJEVO - The Islamic Development Bank (IDB) is in discussions with Chinese officials to study the use of Islamic financing in the planned Asian Infrastructure Investment Bank (AIIB), the head of the Jeddah-based multilateral lender told Reuters.

Business, 14 May 2015

Australia targets 30 multinationals in tax crackdown

CANBERRA - Australia on Tuesday proposed new legislation to tighten tax loopholes that the conservative government says have allowed around 30 of the world's largest multinational companies to avoid paying taxes.

Business, Tech, Australia 12 May 2015

Exclusive - EU eyes more delay in clearing house decision

NEW YORK (IFR) - The European Union is looking to again postpone imposing new capital rules on EU banks that trade derivatives through non-EU clearing houses, according to a document seen Tuesday.

Business, 21 Apr 2015

IMF nations point to exchange rate, geopolitical risks

WASHINGTON - The International Monetary Fund's member nations on Saturday warned of risks to the global economy from exchange rate shifts and geopolitical tensions as they took note of "moderate" global growth and "uneven prospects."

Business, IMF, 18 Apr 2015

IMF, World Bank 2015 spring meetings in Washington on Saturday

WASHINGTON - The following are highlights of the International Monetary Fund and World Bank meetings on Saturday in Washington, where finance ministers, central bankers and other top officials are gathering.

Business, IMF 18 Apr 2015

Global financial leaders speak at IMF, World Bank spring meetings

WASHINGTON - For highlights of remarks by finance ministers, central bankers and other top officials gathering in Washington on Saturday for the spring meetings of the International Monetary Fund and World Bank, see.

Business, IMF 18 Apr 2015

Trillions of dollars needed for new bid to end poverty by 2030

WASHINGTON (Thomson Reuters Foundation) - World leaders have drawn up ambitious goals to end extreme poverty by 2030 and promote development over the next 15 years, but now they have to figure out how to pay the bill.

World, 18 Apr 2015

G20 more upbeat on growth, but officials fret over Greece

WASHINGTON - The Group of 20 leading economies struck a hopeful tone on the outlook for global growth on Friday, even as officials fretted that Athens' inability to strike a deal with its lenders could upset Europe's tentative recovery. | Video

Business, 18 Apr 2015

G20 discusses plans to sidestep U.S. on IMF reforms

WASHINGTON - The Group of 20 leading economies on Friday discussed ways to raise emerging countries' voting rights at the IMF as part of an effort to move past U.S. foot-dragging on reforms to the institution, but they failed to reach an agreement.

Business, IMF 18 Apr 2015



Global GDP comparison

A graphical look at the world's top economies by size and per-capita production.  Interactive