Fear reigned supreme at the annual gathering of finance ministers and global bankers last week, as policymakers grappled with growing populism around the globe.
Patel, who recently succeeded Raghuram Rajan as RBI governor, will make battling inflation a priority for fast-growing India.
Pound sterling experiences flash crash; Merrill moves to retirement fees; Schwab joins ETF cost-cutting; protectionism hot topic at IMF.
IMF projections see U.S. slowdown, problems in commodity-centric emerging markets; BlackRock slashes some ETF fees; U.S. oil supply dips; VP candidates battle.
The IMF chief aims to salvage globalization by promoting more inclusive growth and greater policy coordination. But can she make herself heard in a world of rising populist pressures?
IEA predicts that oil glut will wane; Alibaba beats estimates while reporting greater diversification of business units.
IMF warns over risks in Italian banks; the yen continues to slide as traders bet on more Abe stimulus.
In rejecting the European Union, British voters have also rejected the rampant globalization of the Washington Consensus.
Global markets react to Brexit; Chinese bankers expect no further easing measures this year, Twilio rises by 90 percent in first day as a public company
U.S. Supreme Court’s Puerto Rico decision bolsters bondholder case; Abu Dhabi wealth fund charges Malaysian fund.