Monetary Fund Managing Director Christine Lagarde on Thursday
warned countries against engaging in both trade and currency
wars, saying these would hurt global growth and imperil
China should prepare "more
powerful" policy measures, possibly including a large-scale
stimulus package, to prevent its economy from stalling as trade
frictions with the United States persist, a state-backed tabloid
said in a commentary on Thursday.
must do more to support global demand as interest rates rise,
making it more expensive for debtors to pay their dues, European
Central Bank policymaker Pablo Hernandez de Cos said on
South Korean stocks markets
slumped on Thursday, with the main KOSPI index tumbling
to its lowest since April 2017, amid a rout in Asian shares
after steep overnight losses on Wall Street.
The benchmark index fell as...