Parag Khanna, Director at Hybrid Reality Institute weighs in on G-20's changing stance and state of China's and Japan's economy going forward.» Read More
AYLESBURY, England, May 10- U.S. Federal Reserve Chairman Ben Bernanke is unlikely to attend the Group of Seven finance leaders' meeting on the outskirts of London this weekend, a G7 official said. Bernanke is scheduled to speak from 1330 GMT on Friday at a meeting in Chicago.
LONDON, May 10- Many of the world's most powerful finance chiefs will meet at an English stately home later on Friday to discuss if central banks can do more to bolster a fragile global recovery.
*Dollar eyes 100 yen after G20 accepts Japan stimulus. LONDON, April 22- The dollar strengthened towards 100 yen on Monday and shares rose after the G20 accepted Japan's bold stimulus policies, helping to counter the gloom over the global growth outlook.
*Mitsui Eng jumps 13.6 pct on report of merger talks Kawasaki Heavy. TOKYO, April 22- The Nikkei average climbed 1.9 percent to its highest close in almost five years on Monday, as the yen weakened after the Group of 20 leading economies stopped short of criticising Japan's expansionary monetary policies.
Parag Khanna, Director at Hybrid Reality Institute weighs in on G-20's changing stance and state of China's and Japan's economy going forward.
Finance leaders of the G-20 economies on Friday edged away from a long-running drive toward government austerity in rich nations, rejecting the idea of setting hard targets for reducing national debt in a sign of worries over a sluggish global recovery.
*Russia's Siluanov: G20 agreed on' soft parameters' on debt. Russia- this year's G20 chair- had hoped to secure an agreement on setting fixed targets for reducing debt by the time G20 leaders meet in St. Petersburg in September.
A G20 communique, issued at the semi-annual meetings of the International Monetary Fund and the World Bank, was a small but meaningful step toward more transparency, tax justice advocates said.
*Russia's Siluanov: Nations agreed on' soft parameters' on debt. April 19- Finance leaders of the G20 economies said on Friday they agreed they did not need to set hard targets for reducing national debt levels, and said they would be watching for negative effects from massive monetary stimulus efforts, such as Japan.
April 19- Finance leaders of the G20 economies gathered on Friday to debate how best to rein in debt levels and the potential dangers from the latest round of aggressive easing of monetary policy from the world's biggest central banks.
*Japan finance minister says G20 not opposed to BOJ stimulus. NEW YORK, April 19- The U.S. dollar and euro rallied more than 1.0 percent versus the yen on Friday after Japan said the Group of 20 countries did not oppose its aggressive monetary easing aimed at beating deflation rather than weakening the currency.
*G20 nations accept Japan's easing program. Leaders of the G20 group of nations accepted that Japan's $1.4 trillion stimulus "is aimed at achieving price stability and economic recovery, and therefore is in line with the G20 agreement in February," said Taro Aso, the country's finance minister.
John Hardy, head of fx strategy at Saxo Bank, discusses expectations for the yen as no opposition arose from G20 and sees the currency weakening further in the next couple of years against the dollar.
Finance Minister Taro Aso gained the G20 members' understanding after explaining the bold easing measures by the Bank of Japan are aimed at ending the long lasting deflation of Japan and not at weakening the yen. The Nikkei's Kishida Sachiko has more.
The euro zone will slow its budgetary belt-tightening to help reinvigorate economic growth, a top EU official said on Thursday.
April 19- Finance leaders of the G20 economies on Friday were set to debate specific targets for reigning in debt levels and the potential dangers from the latest round of aggressive easing of monetary policy from the world's biggest central banks.
NEW YORK, April 19- The U.S. dollar and euro rallied more than 1 percent versus the yen on Friday after Japan said the Group of 20 countries did not oppose its aggressive monetary easing aimed at beating deflation rather than weakening the currency.
SINGAPORE, April 19- The yen fell broadly on Friday after Japanese Finance Minister Taro Aso said Japan faced no G20 opposition to its stance that the Bank of Japan's aggressive monetary stimulus is aimed at beating deflation.
Hyun Oh-seok, Deputy Prime Minister and Finance Minister of South Korea, says there is no one-size-fits-all method when it comes to monetary policy and currency devaluations.
*Euro zone has faced pressure to slow from Washington. WASHINGTON, April 18- The euro zone will slow its budgetary belt-tightening to help reinvigorate economic growth, a top EU official said on Thursday, highlighting a policy shift the United States has long been pressing for.