The IMF, in an updated economic outlook, projected the global economy would expand by 3% this year, the weakest in a decade.

Greece's European creditors sought to douse talk that they are making plans for a potential Greek exit from the euro and expressed hope Saturday that recent criticism may prompt the country to push ahead with an economic reform plan.

China's Central Bank said Sunday that it will cut its bank reserve requirement ratio by 1 percentage point to stimulate more lending into a slowing economy.