International Organizations G20

  • CHENGDU, China, July 23- Finance officials from the world's major economies start a two-day meeting in China on Saturday where they will confront challenges to global growth from Britain's decision to leave the European Union and consider deeper structural reforms. The G20 officials' meeting in the southwestern Chinese city of Chengdu will be a debut of sorts...

  • CHENGDU, China, July 23- Finance officials from the world's major economies start a two-day meeting in China on Saturday where they will confront challenges to global growth from Britain's decision to leave the European Union and consider deeper structural reforms. The G20 officials' meeting in the southwestern Chinese city of Chengdu will be a debut of sorts...

  • CHENGDU, China, July 23- The effectiveness of fiscal and monetary policies is diminishing and major economies should deepen coordination to promote sustainable, balanced growth, China's Finance Minister Lou Jiwei said on Saturday.

  • SHANGHAI, July 22- The yuan firmed for a fourth straight day on Friday, posting its biggest weekly gain since April as China's state-run banks were suspected of supporting the currency before Group of 20 finance officials meet this weekend in Chengdu. China typically holds the yuan steady before and during major diplomatic events. In September, a G20 summit of...

  • China's Vice Finance Minister Zhu Guangyao tells CNBC that there's no reason to devalue the country's currency as economic fundamentals remain solid.

  • BEIJING, July 22- The world must step up international macroeconomic policy coordination, China's Premier Li Keqiang said on Friday after meeting the heads of the International Monetary Fund, the World Bank, and other senior global economic officials. He made the remarks at a joint briefing with the officials, which also included the heads of the World Trade...

  • Treasury Secretary Jack Lew said on Thursday that G20 finance officials do not need to take the same type of massive coordinated fiscal stimulus efforts used to combat recession in 2008-2009, despite an expected global economic growth slowdown sparked by Britain's vote to leave the European Union. Lew, speaking to reporters before flying to Chengdu, China...

  • ATEHNS, July 21- Group of 20 finance officials meeting in China this weekend should agree on a broad-based approach to support consumer demand, limit private-sector debt and implement structural reforms to combat deepening risks to growth, the International Monetary Fund said on Thursday. The IMF, in a briefing note to G20 finance ministers and central bank...

  • *China likely to keep out of policy spotlight at meeting. SHANGHAI, July 21- Finance heads from the world's leading economies will confront fresh fears about protectionism when they meet in China this weekend, with Brexit fallout and dwindling policy options to boost global growth expected to dominate talks. The Group of 20 finance ministers and central...

  • BERLIN, July 20- Germany wants a message of stability to emerge from this weekend's G20 meeting in China, where Finance Minister Wolfgang Schaeuble will also meet his newly appointed British counterpart Philip Hammond to discuss Brexit, a senior government official in Berlin said on Wednesday. The Group of 20 finance ministers and central bankers will put the...

  • *China likely to keep out of policy spotlight at meeting. SHANGHAI, July 20- Finance heads from the world's leading economies will confront fresh fears about protectionism when they meet in China this weekend, with Brexit fallout and dwindling policy options to boost global growth expected to dominate talks. The Group of 20 finance ministers and central...

  • WASHINGTON, July 19- Foreign exchange markets are not "disorderly" in the wake of Britain's vote to leave the European Union and there is no need for the Group of 20 major economies to broadly agree to tame them, the International Monetary Fund's chief economist said on Tuesday. A number of currencies have fallen sharply against the dollar since the June 23 EU...

  • LONDON, July 14- Finance ministers and central bank governors of the G20 group of countries will focus on using all tools at their disposal to promote economic growth when they meet in China next week, U.S. Treasury spokesperson said in an emailed statement after Lew met Britain's newly appointed finance minister Philip Hammond in the British capital.

  • SHANGHAI, July 9- The global economic situation is grim and major economies must lead the way in tackling problems including sluggish growth and weak trade, China's trade minister Gao Hucheng said on Saturday. Gao made the remarks at the start of a two-day meeting of trade ministers from G20 economies in Shanghai, as uncertainty hangs over the outlook for a...

  • SHANGHAI, July 9- The global economic situation is grim and major economies must lead the way in tackling problems including sluggish growth and weak trade, China's trade minister Gao Hucheng said on Saturday. Gao made the remarks at the start of a two-day meeting of trade ministers from G20 economies in Shanghai, as uncertainty hangs over the outlook for a...

  • THURSDAY, JUNE 30 NEW DELHI- World Bank Group President Jim Yong Kim holds a press conference to share his thoughts on and highlights of his India visit, including on meetings with Prime Minister Narendra Modi and Finance Minister Arun Jaitley. SEOUL- South Korean Finance Minister Yoo Il-ho to speak on the latest developments of the Korean economy and ways to...

  • SINGAPORE, June 16- Singapore said on Thursday it will take part in a G20 plan to prevent tax avoidance and artificial shifting of profits by global corporations. Singapore has come under scrutiny in recent years as giants such as Apple and Google have used the low-tax city-state as a hub for their Asia businesses. Companies justify booking significant amounts...

  • LONDON, May 18- For world markets, the main focus at this week's Group of Seven meeting in Japan will be how much leeway the host nation is given to boost economic growth and inflation, specifically through depreciation of the yen. Japan's economy is struggling in the face of a stronger exchange rate that has damaged growth, intensified deflation, crushed stock...

  • WASHINGTON, April 19- The International Monetary Fund and the World Bank said on Tuesday they are joining forces with other international organizations to cooperate on tax issues and develop new tools and standards to halt tax base erosion and evasion. The new grouping, which will also include the United Nations and the Organization for Economic Cooperation...

  • WASHINGTON, April 15- Financial leaders from the Group of 20 nations said on Friday they were heartened by a recent recovery in financial markets, but warned that global growth was "modest and uneven" and threatened by weakness in commodities-based economies. In a communique issued after their meeting in Washington, G20 finance ministers and central bank...