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  • TORONTO, July 23- Canada's economy should rebound "over the course of the year" from the impact of a wildfire in its energy heartland, Finance Minister Bill Morneau said on Saturday on the sidelines of a G20 meeting in Chengdu, China. The fire in the province of Alberta is estimated to have cut daily oil production by more than 1 million barrels and the Bank of Canada...

  • TORONTO, July 23- Canada seeks a "strong trade agreement" with a Britain that has voted to leave the European Union, the country's Finance Minister Bill Morneau said on Saturday on the sidelines of a G20 meeting in Chengdu, China.

  • CHENGDU, China, July 23- Britain faced calls on Saturday from some European and Asian countries to move more quickly towards leaving the European Union, but the United States said the process was too sensitive to be rushed. Ministers from France and Italy said they wanted more clarity now on how quickly Britain would start the process of ending its 43- year...

  • CHENGDU, China, July 23- Turkey wanted the final communique of the world's financial leaders meeting in China this weekend to include an endorsement of the current government after the failed coup attempt last week, but did not succeed, G20 officials said. The Turkish government, which introduced a state of emergency on Wednesday after the failed coup and is...

  • *Member nations eager for Britain to clarify process for Brexit. CHENGDU, China, July 23- The world's leading economies will do more to lift global growth and share the benefits more broadly, top policymakers said on Saturday as they sought to deal with fallout from Britain's Brexit vote and counter dissatisfaction with globalisation. Finance ministers and...

  • *Member nations eager for Britain to clarify process for Brexit. CHENGDU, China, July 23- The world's leading economies will do more to lift global growth and share the benefits more broadly, top policymakers said on Saturday as they sought to deal with fallout from Britain's Brexit vote and counter dissatisfaction with globalization. Finance ministers and...

  • While the agenda of the meetings is extensive, the focus behind the scenes is expected to be on the July 12 decision by a Hague- based tribunal in a dispute between China and the Philippines. The Permanent Court of Arbitration found that China had no basis for the expansive claims it has made on territorial waters around the Philippines. China has similar claims...

  • CHENGDU, China, July 23- Turkey wanted the final communique of the world's financial leaders meeting in China this weekend to include an endorsement of the current government after the failed coup attempt last week, but did not succeed, G20 officials said. The Turkish government, which introduced a state of emergency on Wednesday after the failed coup and is...

  • CHENGDU, China, July 23- Turkey wanted the final communique of the world's financial leaders meeting in China this weekend to include an endorsement of the current government after the failed coup attempt last week, but did not succeed, G20 officials said. The Turkish government, which introduced a state of emergency on Wednesday after the failed coup and is...

  • CHENGDU, China, July 23- Turkey wanted the final communique of the world's financial leaders meeting in China this weekend to include an endorsement of the current government after the failed coup attempt last week, but did not succeed, G20 officials said. The Turkish government, which introduced a state of emergency on Wednesday after the failed coup and is...

  • CHENGDU, China, July 23- Turkey wanted the final communique of the world's financial leaders meeting in China this weekend to include an endorsement of the current government after the failed coup attempt last week, but did not succeed, G20 officials said. The Turkish government, which introduced a state of emergency on Wednesday after the failed coup and is...

  • In a draft statement obtained by Reuters, the G20 finance ministers and central bank governors meeting in China's southwestern city of Chengdu said that excess capacity problems, "exacerbated by a weak global economic recovery and depressed market demand, have caused a negative impact on trade and workers." Officials from the United States and other...

  • CHENGDU, China, July 23- The world's leading economies will step up efforts to lift global economic growth and share the benefits more broadly, top policymakers meeting in China said on Saturday, as they seek to counter growing dissatisfaction with globalisation. Finance ministers and central bankers from the Group of 20 are huddling in China's southwestern...

  • *'Helicopter money' is prohibited in Japan, advanced world. CHENGDU, China, July 23- Bank of Japan Governor Haruhiko Kuroda said on Saturday he would ease policy further if necessary to achieve its 2 percent inflation goal, while reiterating a commitment to continue with the current stimulus until prices are anchored there. Kuroda went on to say that the major topic...

  • CHENGDU, China, July 23- China has demonstrated commitment to moving toward a market-driven exchange rate, said a senior U.S. That's an important step, "he said, noting that China in recent months had intervened in currency markets to keep the yuan from falling. He also said he saw a path for China to manage a soft landing for its economy.

  • CHENGDU, China, July 23- Bank of Japan Governor Haruhiko Kuroda said on Saturday he would ease policy further if necessary to achieve its 2 percent inflation goal, while reiterating a commitment to continue with the current stimulus until prices are anchored there. Speaking to reporters on the sidelines of a G20 meeting of finance ministers and central bankers...

  • CHENGDU, China, July 23- China has demonstrated commitment to moving toward a market-driven exchange rate, said a senior U.S. He also said he saw a path for China to manage a soft landing for its economy. In the past, China has often been accused of suppressing its exchange rates to support exports, but in recent years the central bank has intervened more frequently to...

  • CHENGDU, China, July 23- Fiscal policy will play a growing role in driving economic growth in the wake of Britain's decision to leave the European Union, but countries will decide for themselves what tools to use, an Asian financial official said on Saturday. "I think fiscal policy will play a bigger role in the wake of Brexit even though it's up to individual...

  • CHENGDU, China, July 23- Italy's Economy Minister Pier Carlo Padoan told Reuters he hopes for clarification on the timing and process of the UK's exit from the European Union. "Brexit has already had an impact," he said, speaking on the sidelines of the G20 conference in Chengdu, China on Saturday. "All international organisations and governments are revising...

  • CHENGDU, China, July 23- Fiscal and monetary policies are becoming less effective at spurring economic activity so the world's leading economies need to increase coordination to promote sustainable growth, China's Finance Minister Lou Jiwei said on Saturday. Lou was speaking at the start of a meeting of Group of 20 finance ministers and central bankers in the...