Greek PM Antonis Samaras takes debt crisis talks to Paris

PARIS: The Greek prime minister headed to Paris Saturday on the second leg of a trip to try and win more time for his country to meet a deadline to slash billions of euros (dollars) from its budget.

Greece bailout: Merkel and Hollande in extension talks

The leaders of Germany and France are set to hold talks in Berlin on whether to give Greece more time to make the cuts required by its debt bailout.

Greece to discuss, not ask for, spreading out cuts

ATHENS: Greek Prime Minister Antonis Samaras intends to discuss but make no official request to spread out spending cuts when he meets his German and French counterparts, a newspaper reported Thursday.

Morocco confirms $1 bln sovereign bond for October

RABAT (Reuters) - Morocco plans to sell a sovereign bond worth $1 billion in October to help finance budgeted investment plans, its budget minister said on Wednesday.

IMF: UK should slow budget cuts if growth does not recover

The government should slow the pace of budget cuts next year if growth in the UK does not recover, the International Monetary Fund (IMF) has said.

MF warns of £750bn pensions time bomb

The IMF said yesterday that even a slightly faster than expected increase in life expectancy could impose a huge new financial burden on Western economies such as Britain. “The time to act is now,” it said.

Gold Prices Struggle to Stay Near $1, 700

Gold prices fell Wednesday on negative economic news from China and Europe plus concerns that the world's No. 1 economy is barely advancing.

Europe crisis hits new peak on 'depression' alert

Europe reeled on Monday from warnings it faces "deep depression" if the eurozone collapses and that every EU nation's credit rating could be hit without firm action to stop the debt crisis.

Emerging markets may lure more pension funds: IMF

(Reuters) - Deep-pocketed pension and insurance funds may increase their investments in equities and other riskier assets in emerging and developing countries as they struggle with historically low interest rates in industrialized markets, the IMF said on Tuesday.

Pension plans of Canada, Germany, Japan, Switzerland, Britain and the United States, which typically rely on traditionally safe investments such as bonds, are in danger of being unable to cover what they owe beneficiaries, in part because of low interest rates, the IMF said in its Global Financial Stability Report.

Greens agree with IMF on wealth fund

The Australian Greens will continue to pursue the establishment of a sovereign wealth fund, which again has been suggested by the International Monetary Fund (IMF).

In its Regional Economics Outlook for Asia and the Pacific released on Thursday, the IMF again urged the federal government to consider saving some of the revenue generated by higher commodity prices.