IMF NEWS ON FASTMOVING

Singapore - Crude oil prices sank in Asian trade on Wednesday on concerns over the world economy after the International Monetary Fund (IMF) cut its global growth forecasts.  read more

The International Monetary Fund (IMF) on Friday said it plans to lower its global growth outlook, with the new estimates being released later this month.  read more

Washington - Global food prices are set to decline further in 2012 as a weaker world economy dampens consumer demand while food supplies rise, the World Bank said on Tuesday, warning that a possible rise in oil prices could reverse the trend. read more

Walmart's R16.5 billion acquisition of Massmart has been a transparent process with all the regulatory bodies playing their parts properly, says the International Monetary Fund (IMF).  read more

Washington - Sub-Saharan Africa will enjoy robust growth this year and in 2012, the International Monetary Fund (IMF) said on Monday. However, it urged monetary authorities to watch out for inflation from rising commodity prices. read more