BARACK OBAMA

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IMF chief urges China to let yuan rise

A stronger yuan is part of the policy mix that Beijing needs to increase domestic consumption and help ease global imbalances, the head of the International Monetary Fund said on Monday.

What are the stakes in the U.S.-China yuan tussle?

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President Barack Obama has promised to raise the issue of the yuan's exchange rate during his visit this week to Beijing, putting the spotlight on a major bone of contention which has the potential to shake currency markets and diplomatic ties alike.
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Obama says Washington not trying to contain China

U.S. President Barack Obama told Chinese students on Monday he did not fear their nation's rise, ahead of talks on trade imbalances and currency strains that underline the sometimes tense embrace between the two giants.
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Palin stirs controversy ahead of book release

Sarah Palin is stirring controversy with her new book even before it is on shelves, complaining she was all bottled up by advisers to Republican presidential candidate John McCain last year.
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Sex infections still growing in U.S., says CDC

American squeamishness about talking about sex has helped keep common sexually transmitted infections far too common, especially among vulnerable teens, U.S. researchers reported Monday.
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Dollar slips after APEC, risk demand rises

The dollar slipped on Monday as traders took a lack of agreement on currencies among Asian and U.S. leaders as a cue to sell the greenback, even as speculation of a near-term yuan appreciation cooled.
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China cool to stronger yuan as IMF calls for rise

China's Commerce Ministry on Monday rebuffed calls for the yuan to appreciate, signaling resistance to change in a controversial foreign exchange policy that loomed over U.S. President Barack Obama's first visit to the Asian giant.
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Gold hits another record, Asia shares rise

Gold hit a fresh record high on Monday as investors hedged against a weak dollar, while Asian shares gained ground after upbeat reports from U.S. retailers underpinned confidence the global economy is recovering.
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Gold hits record high, Asian shares rise

Gold hit a record high on Monday as investors hedged against a weak dollar while Asian shares edged higher after upbeat reports from U.S. retailers underpinned confidence the global economy is recovering.
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Oil advances 1.3 percent to above $77 on dollar weakness

Oil prices clawed back some of last week's 1.4 percent losses on Monday and rose a dollar to above $77 a barrel, as a weaker U.S. dollar and improved sentiments over the economic outlook encouraged traders to push up crude prices.
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World leaders back delay to final climate deal

U.S. President Barack Obama and other world leaders on Sunday supported delaying a legally binding climate pact until 2010 or even later, but European negotiators said the move did not imply weaker action.
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Politicians face anti-incumbent mood for 2010

President Barack Obama's Democrats and his Republican opponents enter the 2010 election season facing voters in an anti-incumbent mood over the sour U.S. economy, increasing the political pressure on both sides.
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Stronger yuan needed for rebalancing: IMF chief

A stronger Chinese yuan is part of the reforms that Beijing needs to implement to increase domestic consumption and help ease global imbalances, the head of the International Monetary Fund said on Monday.
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China-U.S. discord on currencies clouds Obama visit

The United States and China sparred over exchange rates at a meeting of Asia Pacific leaders on Sunday, pointing to tricky talks ahead for President Barack Obama when he flies to China to address economic tensions.
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Obama meets Myanmar PM, calls for Suu Kyi's release

U.S. President Barack Obama called for the release of Myanmar opposition leader Aung San Suu Kyi when he met the country's prime minister at a meeting with other Southeast Asian leaders in Singapore on Sunday.
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China-U.S. spar over currencies ahead of Obama visit

The United States and China sparred over exchange rates at a meeting of Asia Pacific leaders on Sunday, pointing to tricky talks ahead for President Barack Obama when he flies to China to address economic tensions.
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China-U.S. debate delays APEC statement

Asia Pacific leaders struggled to agree a final statement on Sunday as Washington and Beijing debated the wording on market-oriented exchange rates and trade protectionism, an APEC delegation official said.

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