Fund managers - even the 'vanilla' vendors - could pose a risk to the global financial system, according to a new IMF report.

Countries that default on their IMF obligations often experience widespread disruption to their cross-border financial relations.

Anti-austerity party on the brink of a landmark election victory in Greece as critics claim it could haul the country out of the Eurozone and leave it bankrupt.

Think about it like this: spending money on roads and bridges might boost the economy more than just the money the government directly spends.

The exchange rate may have eased in recent weeks but two reports remind us of just how overvalued the kiwi dollar is, writes Brian Fallow.

A disease damaging banana crops in Southeast Asia has spread to the Middle East and Africa, posing risks to world supply and trade totalling $8.9b.

New Zealand housing is already overvalued by about 25 per cent and if it continues to rise may force the Reserve Bank to hike interest rates, according to the IMF.

The International Monetary Fund says it will contribute €1 billion ($1.5 billion) to a financial rescue package of €10 billion for Cyprus.

A prospectus for the Mad Butcher's back door listing is expected to be out next week...

The International Monetary Fund counsels against "messing with" the NZ monetary policy framework.

Is the IMF over-stating any potential economic growth for New Zealand. One leading economist thinks so.