Economy

By Alexander Marrow (Reuters) - Huge fiscal spending on the military is fuelling short-term economic growth in Russia, but looking at the longer term picture the outlook is "dim", the International Monetary Fund's European Director Alfred Kammer said on Friday. The...

By Gergely Szakacs BUDAPEST (Reuters) - Central Europe's central banks should maintain a tight monetary stance for a "considerable time" to ensure inflation is kept in check, and be ready to raise interest rates again if needed, a senior IMF official said. With...

BEIJING (Reuters) - China's new bank loans came in softer than expected in September, figures from the central bank showed on Friday, even as it strives to bolster a shaky economic recovery amid tepid demand. Chinese banks issued 2.31 trillion yuan ($316.15 billion)...