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  • MUMBAI, Feb 12- The United States will "push back very hard" against countries that target weaker exchange rates to gain an unfair trade advantage, Treasury Secretary Jack Lew said on Thursday, driving home concerns he expressed to the Group of 20 this week. He urged Europe to make greater use of fiscal policy to reinforce monetary stimulus to boost growth.

  • Chinese economy more sustainable now - China c.bank Tuesday, 10 Feb 2015 | 8:55 PM ET

    BEIJING, Feb 11- China's economy is now more sustainable and domestic consumption is steadily rising, Chinese Central Bank Vice Governor Yi Gang told a G20 meeting of finance officials earlier this week. To stoke growth and bank lending, China's central bank last week reduced the amount of cash that banks have to hold as reserves for the first time in over two...

  • ISTANBUL, Feb 10- Following are the key points of a communique released by G20 finance officials at the end of a two-day meeting in Istanbul. -Growth in the global economy remains uneven and although the recovery is in progress, it is slow, especially in some advanced economies, notably the euro area and Japan. We continue to urge the United States to ratify the 2010...

  • ISTANBUL, Feb 10- G20 finance officials painted a downbeat picture of the world economy on Tuesday and vowed to use monetary and fiscal policy to boost activity if needed. A communique released at the end of a two-day meeting of finance ministers and central bankers in Istanbul, said: "We will continuously review our monetary and fiscal policy settings and act...

  • ISTANBUL, Feb 10- Bank of Canada Governor Stephen Poloz insisted on Tuesday that he has not been talking down the Canadian dollar, saying it has fallen because of economic developments, particularly the collapse in the price of oil. Poloz, who moved over from Export Development Canada in mid-2013, has often spoken of the need for exports to take over as a main...

  • OTTAWA, Feb 10- The oil price shock has been front and center at meetings of the Group of 20 leading economies, Bank of Canada Governor Stephen Poloz said on Tuesday, but nothing he has heard at the talks so far has changed his economic outlook. Speaking in an interview with Reuters and another news outlet, Poloz also rejected the notion that he has been purposefully...

  • ISTANBUL, Feb 10- The United States urged a meeting of the Group of 20 leading economies not to resort to currency devaluations to boost exports, while a draft communique gave a gloomy assessment on Tuesday of the outlook for global growth. The meeting of finance ministers and central bankers in Istanbul comes at a difficult time, with major economies running at...

  • ISTANBUL, Feb 10- Regulatory and financial reforms have helped diminish the risk Greece may pose to the euro zone, Canada's finance minister said on Tuesday, amidst growing concern about Athens' determination to ease austerity measures. "The United States is doing well, the UK, Canada, Australia, but generally global growth is disappointing, and there are some...

  • ISTANBUL, Feb 10- The Group of 20 leading economies will pledge to act decisively on monetary and fiscal policy if needed to combat the risk of persistent stagnation, according to a draft communique obtained by Reuters on Tuesday. The communique, intended for adoption by G20 ministers later on Tuesday at a meeting in Istanbul, pointed to the risk of prolonged low...

  • G20 DRAFT: G20 DEEPLY DISAPPOINTED WITH CONTINUED DELAY IN IMF QUOTA REFORM, URGES U.S.

  • G20 DRAFT: CURRENT ECONOMIC CONDITIONS REQUIRE ACCOMMODATIVE MONETARY POLICY IN SOME ECONOMIES.

  • ISTANBUL, Feb 9- Group of 20 finance officials look likely to reject a proposal to set countries specific investment targets to spur a global economy which appears increasingly reliant on the United States for growth. The meeting of finance ministers and central bankers in Istanbul comes as Greece casts a new shadow over Europe, cheap oil plays havoc with...

  • ISTANBUL, Feb 9- The recent slide in global oil prices is a benefit for the world economy and could lead to some upgrades of economic forecasts, Bank of Japan Governor Haruhiko Kuroda said on Monday. "For the world economy, without a doubt, weaker oil prices are a plus," Kuroda told reporters on the sidelines of the G20 meeting of finance ministers and central bankers in...

  • ISTANBUL, Feb 9- The recent slide in global oil prices is a benefit for the world economy and could lead to some upgrades of economic forecasts, Bank of Japan Governor Haruhiko Kuroda said on Monday.

  • *Greece casts long shadow at finance ministers' meeting. ISTANBUL, Feb 8- Group of 20 finance officials look likely to reject a proposal to set countries specific investment targets to spur a global economy which looks increasingly reliant on the United States for growth. The meeting of finance ministers and central bankers in Istanbul comes as Greece casts a...

  • ISTANBUL, Feb 9- Bank of England Governor Mark Carney has urged the G20 to mount a "big push" to implement global regulatory reforms, fearing that governments may be tiring of non-stop rulemaking since the financial crisis six years ago. The G20 meeting in Turkey's financial capital this week will kick off discussions on whether there are "unintended...

  • ISTANBUL, Feb 9- The world's 20 biggest economies must focus on higher labour productivity and become more competitive and innovative if they want to deliver on a pledge to boost economic growth, the OECD said on Monday ahead of a G20 meeting. "Labour productivity remains the main driver of long-term growth," the Organisation for Economic Cooperation and...

  • Concern over the ability of the United States to sustain the global economy as most of the world slows will be high on the agenda as the Group of 20 leading economies hold talks in Istanbul on Monday and Tuesday. The meetings come as Greece casts a new shadow over Europe, cheap oil plays havoc with inflation and growth forecasts and a strengthening dollar...

  • ISTANBUL, Feb 8- World financial leaders are likely to agree on Tuesday to cut the number of actions they will take this year to boost growth to only 5-10 priorities per country to make it easier to check if they are being done, European officials said. "We support the Presidency's intention that G20 members agree on a shortlist of measures with the highest growth...

  • Concern over the ability of the United States to sustain the global economy as most of the world slows will be high on the agenda as the Group of 20 leading economies hold talks in Istanbul on Monday and Tuesday. The meetings come as Greece casts a new shadow over Europe, cheap oil plays havoc with inflation and growth forecasts and a strengthening dollar...