International Organizations G7

  • *Japan repeats willingness to intervene in forex market. NEW YORK, May 16- The yen weakened on Monday as risk appetite improved with the rise in oil prices and Japan, set to host a G7 meeting later this week, again signaled its willingness to intervene in the market to weaken its currency. On top of the risk market rally, Japan threw another intervention warning on...

  • *Japan hosts G7 fin mins on May 20-21. Japan will host a G7 finance ministers and central bankers summit on May 20-21, and there are doubts about how much progress policymakers can make in shifting the global economy out of its current spell of slow growth and low inflation. Earlier this month, Abe travelled to Europe to meet G7 heads in preparation for the meeting in...

  • TOKYO May 14- Japanese Prime Minister Shinzo Abe has decided to delay a sales tax hike set for next April as it would threaten the nation's efforts to beat prolonged deflation, the Nikkei business daily reported on Saturday. Abe is expected to announce the delay after further consideration, including talks with fellow Group of Seven leaders at a summit in...

  • DUBLIN, May 13- Finance ministers from the world's largest developed economies met in Germany a year ago against a backdrop of faltering global growth, scant inflationary pressures and the latest chapter in the Greek debt crisis. Only unusually smooth talks between Athens and its lenders may keep Greece off the agenda this time around. Whether explicitly on...

  • TOKYO, May 12- Japanese shares fell for the first time in four days on Thursday as appetite for riskier assets was hurt by a decline on Wall Street and dismal earnings and forecasts from Japan Inc.. "The strength of the yen against other G7 currencies continues to be a concern," said Martin King, co-managing director at Tyton Capital Advisors. "We're beginning to see...

  • TOKYO, May 10- Finance Minister Taro Aso said on Tuesday that Japan's financial authorities will intervene in the currency market if "one-sided" yen rises persist. "Japan has not and has no plans to manipulate currency moves on a long-term basis," Aso told parliament, though he added that it was a shared understanding among G7 and G20 nations that excessive currency...

  • LONDON, May 5- Japanese Prime Minister Shinzo Abe on Thursday expressed Tokyo's readiness to take "appropriate action" in the currency market to prevent any excessive or speculative rises in the yen. Abe also said that a summit of the Group of Seven to be held in western Japan later this month would discuss the need to coordinate policy action, particularly...

  • MESEBERG, Germany, May 4- Japanese Prime Minister Shinzo Abe and German Chancellor Angela Merkel said on Wednesday they wanted to avoid turbulence on foreign exchange markets and Abe said Tokyo would act if necessary. "We are observing the currency market and if necessary we will then have to act," said Abe, who was in Germany to prepare with Merkel for an end-May...

  • For G7 member Canada, a major oil and natural gas producer, an oil price fall of some 70 percent since mid-2014 means economic pain, but the Canadian energy minister said that the slump also opened up an opportunity. "In the case of Canada, we have tabled a budget in the House of Commons that will invest significantly in this transition through electric vehicles,...

  • G-7 leaders vow action on climate change, Russia

    World leaders have wrapped up a G-7 summit in Germany, with a stronger stance on climate change, among a wide range of issues. CNBC's Carolin Roth reports.

  • President Barack Obama speaks during a press conference at the G7 Summit at the Schloss Elmau castle resort near Garmisch-Partenkirchen, in southern Germany on June 8, 2015.

    "This problem is not going to go away—it is going to accelerate," President Obama said of attacks on U.S. computer systems.

  • Obama: Must focus on jobs

    President Barack Obama notes the strong job growth in the U.S. private sector and the declining U.S. unemployment rates. Also, Obama weighs in on how sanctions have impacted Russia's economy.

  • Behind the scenes at the G-7 meeting

    CNBC's Carolin Roth gives a behind the scenes look at the G-7 meeting in Bavaria.

  • Russia is dominated by oligarchs: Canadian PM

    Canadian Prime Minister, Stephen Harper, tells CNBC that Russia's economy is dominated by oligarchs and criminal syndicates, who don't share western interests.

  • Putin has given no reason to lessen sanctions: Canadian PM

    Canadian Prime Minister, Stephen Harper, says President Putin has been more provocative than ever, giving no reason for the west to lessen sanctions on Russia.

  • Group of Seven leaders meet on Sunday in the Bavarian Alps for a summit overshadowed by Greece's debt crisis and ongoing violence in Ukraine.

  • Traders work on the floor of the New York Stock Exchange.

    Even beyond talk of a "June swoon," an unusual number of major events makes this month a critical time for markets.

  • Greece grab headlines at G7 talks

    On the second day of a three-day summit in Dresden, Greece's unresolved crisis remain a key concern among G7 finance ministers. CNBC's Steve Sedgwick reports.

  • CNBC update: Mysterious oil globs in LA

    Coast guard scientists are investigating mysterious balls of tar washing ashore in Los Angeles County, and Teva will pay a $1.2 billion settlement, reports CNBC's Sharon Epperson.

  • Greek contagion heading your way?

    Joe Oliver, finance minister of Canada, tells CNBC that countries must take critical steps to improve growth, with particular comment on the Greek crisis.