International Organizations G7

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  • *Dollar/yen falls on Japan trade data, weaker Nikkei. LONDON, May 23- A robust set of trade data from Japan had the yen back on the rise on Monday after three weeks of solid gains for the dollar which have given fresh heart to those still hoping for another rally as U.S. interest rates rise. A Group of Seven finance ministers' meeting concluded on Saturday with the United...

  • TOKYO, May 23- Japan's Nikkei share average fell on Monday on fears that the government will raise the sales tax next April, risking a further blow to the sluggish economy. Investors' attention has been on the G7 finance leaders' meeting in Sendai, northeastern Japan, where the finance leaders discussed such topics as currencies and fiscal policies over the...

  • *Japan fails to gain consent for joint G7 fiscal action. SENDAI, Japan, May 21- The United States issued a fresh warning to Japan against intervening in currency markets on Saturday as the two countries' differences over foreign exchange overshadowed a Group of 7 finance leaders' gathering in the Asian nation. Japan and the United States are at logger-heads over...

  • SENDAI, Japan, May 21- Finance leaders of the Group of Seven industrial powers united over the weekend in wishing that Britain stays in the European Union, but acknowledged they could do little more than hope. "The G7 did not talk about a Plan B to respond to what would happen if Britain left the European Union," French Finance Minister Michel Sapin told Reuters on...

  • SENDAI, Japan, May 21- The United States issued a fresh warning to Japan against competitive currency devaluation on Saturday, exposing a rift on exchange-rate policy that overshadowed a Group of 7 finance leaders gathering hosted by the Asian nation. Japan and the United States are at logger-heads over currency policy with Washington saying Tokyo has no...

  • *Japan backs away from calls for joint fiscal action. *Japan, U.S. remain at logger-heads over yen policy. SENDAI, Japan, May 20- A rift on fiscal policy and currencies has set the stage for G7 advanced economies to agree on a "go-your-own-way" response to address risks hindering global economic growth at their finance leaders' gathering that kicked off on Friday.

  • SENDAI, Japan, May 20- Japanese Finance Minister Taro Aso said on Friday that some Group of Seven financial leaders had expressed support for a British exit from the European Union, a remark quickly retracted by his staff. Britain holds a referendum in June on whether to leave the European Union. The G7 groups the United States, Japan, Britain, Canada, Germany, Italy...

  • *Canada fin min welcomes Fed rate increase talk. A healthy U.S. economy is sure to benefit Canada because of the close trading relationship between the neighbors, Morneau told Reuters in an interview at a Group of Seven finance meeting in Sendai, in Japan. Canada is clearly worried about turmoil that could ensue if Britain were to leave the European Union but had...

  • SENDAI, Japan, May 20- Japan and the United States remained at loggerheads over exchange-rate policy on Friday with Washington saying yen moves continued to be "orderly," signaling that Tokyo has no justification to intervene in the market to stem yen gains. "In line with previous commitments by G7 and G20, I said stability in exchange rates is extremely important...

  • SENDAI, Japan, May 20- European Union Commissioner Pierre Moscovici said on Friday that policymakers "have no plan B" to stabilize the pound in the event Britain left the EU. Moscovici, who speak to reporters on the sidelines of the Group of Seven finance ministers' summit in Sendai, northeast Japan, said policy makers at the meeting wanted Britain to remain in the EU.

  • SENDAI, Japan, May 20- Group of Seven finance leaders need to discuss global economic risks and what tools they have available to deal with them, U.S. Treasury Secretary Jack Lew said on Friday. "The G7 is meeting at a critical time... because there is a lot of uncertainty in the global economy," he told reporters on the sidelines of a meeting of G7 finance leaders in Sendai,...

  • G7 finance ministers meeting begins in Sendai, Japan. LONDON, May 20- The dollar cruised to its third straight week of gains on Friday as stock and commodity markets showed signs that they might be able to manage another U.S. interest rate hike in the coming months. The dollar, a dominant force in markets this week, was keeping close to two-month highs after it had...

  • G7 leaders meet in Japan on key economic issues

    Financial officers gather in northeast Japan to talk about monetary policy, slow global growth and inflation concerns, reports CNBC's Akiko Fujita.

  • TOKYO, May 20- Tokyo stocks rose on Friday as the dollar held its recent gains on the yen, tempering some of the recent worries over the Japanese currency's strength and the negative impact on exporters. Volume and turnover were thin as many investors waited on the sidelines while Group of Seven finance ministers began a two-day meeting that many hope will...

  • SENDAI, Japan, May 20- A rift on fiscal policy and currencies is likely to set the stage for G7 advanced economies to agree on a "go-your-own-way" response to address risks hindering global economic growth at their finance leaders' gathering on Friday. Finance leaders gathering in Sendai, northeast Japan, sought advice from prominent academics, including Nobel...

  • OTTAWA, May 20- Canadian Prime Minister Justin Trudeau will urge fellow leaders at a Group of Seven summit next week to invest in their economies to boost growth rather than focus on cutting costs. Policy steps to address subdued global growth will be high on the agenda at the May 26-27 meeting at Ise-Shimate, Japan. Japanese Prime Minister Shinzo Abe has...

  • SENDAI, Japan, May 20- Participants of an informal symposium with Group of Seven finance leaders and academics on Friday agreed a so-called "Brexit" vote for Britain to exit the European Union at a referendum next month could lead to financial market unrest, a G7 source said. The G7 finance ministers and central bank governors are gathering in Sendai, northeastern...

  • Treasury Secretary Jack Lew urged European policymakers to be flexible in talks with Greece about how to place the country's sovereign debt on a more sustainable path. Lew made the comments in a meeting with Jeroen Dijsselbloem, head of the Eurogroup of finance ministers on the sidelines of a Group of Seven summit in Sendai, northeastern Japan, the Treasury...

  • TOKYO, May 20- Japan's Nikkei was mostly flat on Friday morning as investors stayed on the sidelines ahead of Group of Seven meetings, and prospects for a U.S. interest rate hike as early as June curbed buyers' appetite. Analysts said that investors are closely focused on a meeting of Group of Seven finance leaders in Japan starting on Friday, which is likely to take...

  • *G7 finance ministers meeting begins in Sendai, Japan. TOKYO, May 20- Asian shares edged up on Friday but were on track for a weekly loss, while the dollar was poised for a winning week as comments from a key Federal Reserve official led to increased betting on the Fed hiking interest rates as early as next month. MSCI's broadest index of Asia-Pacific shares outside...