International Organizations G7

  • *Japan must reignite engine of' Abenomics'- PM Abe. While the tax hike was seen as critical to reining in Japan's massive public debt, Abe and his aides have signalled the chance of deferring it as Japan's economy skirts recession and a threat of deflation re-emerges ahead of summer upper house elections. As G7 chair, Japan will spearhead such moves to contribute to...

  • TOKYO/ ISE-SHIMA, JAPAN, May 27- Leaders of the Group of Seven pledged on Friday to tackle a global glut in steel, though their statement did not single out China, which produces half of the world's steel and is blamed by many countries for flooding markets with cheap steel. While not included in the text, China was brought up in the discussions among leaders of the G7...

  • ISE-SHIMA, Japan, May 27- A British exit from the European Union would be a serious risk to global economic growth, Group of Seven leaders said in a summit declaration on Friday, although German Chancellor Angela Merkel said the issue had not been discussed. The issue was not formally on the agenda at the two-day summit in Japan, but British government officials had...

  • *G7 criticises N Korea, Russia. ISE-SHIMA, Japan, May 27- The Group of Seven industrial powers pledged on Friday to seek strong global growth, while papering over differences on currencies and stimulus policies and expressing concern over North Korea, Russia and maritime disputes involving China. "Global growth remains moderate and below potential, while risks...

  • G7 agrees strong message needed for South China Sea

    Even if Obama does not apologize, his visit to Hiroshima reflects just how far U.S.-Japan relations have come, says Teneo Intelligence's Tobias Harris.

  • A protestor holds a poster reading 'No Abe! No Obama - We oppose Abe and Obama visit to Hiroshima' during a demonstration next to the Hiroshima Peace Memorial park in Hiroshima on May 26, 2016.

    Barack Obama will be the first U.S. president to visit Hiroshima, where the U.S. conducted the world's first atomic bombing.

  • ISE-SHIMA, Japan, May 27- The Group of Seven industrial powers expressed concern on Friday about risks to the world economy and pledged to seek strong, sustainable growth. In a statement ending a two-day G7 summit in central Japan, the leaders also committed to avoiding "competitive devaluation" of their currencies while warning against wild exchange-rate...

  • G7 DECLARATION: EXCESS VOLATILITY, DISORDERLY MOVES IN FX RATES CAN HAVE ADVERSE IMPLICATIONS FOR ECONOMIC, FINANCIAL STABILITY.

  • G7 Summit: Trade deals

    CNBC’s Akiko Fujita is in Japan with the latest on the G7 Summit.

  • ISE-SHIMA, Japan, May 26- Group of Seven leaders agreed on Thursday on the need to send a strong message on maritime claims in the western Pacific, where an increasingly assertive China is locked in territorial disputes with Japan and several Southeast Asian nations. The agreement prompted a sharp rejoinder from China, which is not in the G7 club but whose rise as a...

  • ISE-SHIMA, Japan, May 26- Leaders from the Group of Seven industrial powers agreed on Thursday the global economy is facing big risks, and host Japan will push ahead with its growth agenda, said Japanese Prime Minister Shinzo Abe. "Based on these Ise-Shima economic initiatives, we are going to have the G7 promote the Abenomics' three-arrow policy" of bold monetary...

  • ISE-SHIMA, Japan, May 26- Group of Seven leaders voiced concern about emerging economies on Thursday as their host, Japanese Prime Minister Shinzo Abe, made a pointed comparison to the global financial crisis eight years ago. Britain and Germany have been resisting calls for fiscal stimulus. "G7 leaders voiced the view that emerging economies are in a severe...

  • ISE-SHIMA, Japan, May 26- Japanese Prime Minster Shinzo Abe escorted Group of Seven leaders to the Shinto religion's holiest site on Thursday before a summit covering topics from risks to the global economy to refugees and China's maritime assertiveness. President Barack Obama and other G7 partners one-by-one at Ise Grand Shrine in central Japan, dedicated...

  • ISE-SHIMA, May 26- Japanese Prime Minster Shinzo Abe was set to escort Group of Seven leaders to the Shinto religion's holiest site on Thursday before a summit covering topics from risks to the global economy to refugees and China's maritime assertiveness. President Barack Obama and other G7 partners to the expansive grounds of Ise Grand Shrine in central...

  • TOKYO, May 26- The yen surged in early trade on Thursday, chipping away at the recently buoyant dollar as investors looked ahead to a speech by Federal Reserve chief Janet Yellen on whether a rate increase is imminent and on a pending decision on a planned sales tax hike in Japan. Japanese Finance Minister Taro Aso said on Wednesday that he told his G7 counterparts...

  • ISE-SHIMA, May 26- Japanese Prime Minster Shinzo Abe was set to escort Group of Seven leaders to the Shinto religion's holiest site on Thursday ahead of a summit that will cover topics from risks to the global economy to China's maritime assertiveness. President Barack Obama and other G7 partners to the expansive grounds of Ise Grand Shrine in central Japan,...

  • *Industry says China not ready for market economy status. *China says those who blame it are protectionist. Steelmakers have been hit by a plunge in steel prices, which Europe and the United States have blamed on a surge in cheap exports from China that has exacerbated the impact of a collapse in demand following economic crisis.

  • TOKYO, May 25- Japanese government bonds edged lower on Wednesday as buoyant stocks undermined bond market sentiment. Investors were also wary of taking aggressive positions ahead of a two-day Group of 7 leaders' summit in Japan that begins on Thursday. Japan's Ministry of Finance will auction 400 billion yen of 40- year JGBs on Thursday.

  • BONN, Germany, May 24- Environmental groups urged Group of Seven nations led by Japan and Germany to stop financing coal projects abroad, which they said amounted to $42 billion since 2007.. Japan provided more than half of the total, with $22 billion between 2007 and 2015, a study released on Tuesday by groups including the U.S. Natural Resources Defense Council,...

  • TOKYO, May 24- Leaders from the Group of Seven advanced economies will examine potential risks to the global economy when they gather this week for their summit in western Japan, government sources told Reuters. The G7 groups Britain, Canada, France, Germany, Italy, Japan and the United States. With Britain and Germany resisting calls for fiscal stimulus, Japanese...