TheRepublic.com - Reserve assets News

IMF: Egypt's financial situation deteriorating

Thu, 09 May 2013 15:31:10 -0400

WASHINGTON - The International Monetary Fund said Thursday that Egypt's financial situation is deteriorating and the lending agency won't move ahead with a $4.8 billion loan until receiving updated economic information and reform plans from President Mohammed Morsi's government.

Senate group pushes new round of Iran sanctions

Wed, 08 May 2013 18:48:42 -0400

WASHINGTON - A bipartisan group of senators are pushing for a new round of penalties on Iran, determined to cripple the regime's economy and thwart any nuclear ambitions.

Australia central bank to invest in Chinese bonds

Wed, 24 Apr 2013 03:34:57 -0400

SYDNEY - Australia's central bank said Wednesday it will invest up to 5 percent of its foreign currency reserves in Chinese government bonds as economic and business ties between the two countries deepen.