The Financial Stability Board said work should also start on Libor alternatives, such as so-called "nearly risk-free reference rates."» Read More
June is going to be a big month for the markets: the European Central Bank meets on Wednesday; Fed chair, Ben Bernanke delivers his economic outlook on Thursday; Greece elections take place on June 17th; the G20 Summit meets on June 18th and 19th in Mexico; and the month closes out with a two day summit of EU leaders. CNBC's Maria Bartiromo, Jim Cramer and Gary Kaminsky weigh in on these key dates; discuss what investors need to watch in the coming days; and explain why Apple stock may be the leading indicator of where the markets are headed.
Angel Gurria, Secretary-General, OECD says U.S. shouldn't go into fiscal consolidation too fast as it will hurt growth.
David Lipton, First Deputy Managing Director, IMF says having new pool $430 billion of IMF resources allows them to be ready for crisis in Europe and other countries in the world.
CNBC's Simon Hobbs reports that the IMF has pledged more than $430 billion to increase IMF resources at the G20 Summit.
Discussing how investors can position their portfolio amid earnings reports, the G20 Summit and next week's Fed meeting, with Matthew Cheslock, Virtu Financial; John Netto, M3 Capital; and Jeff Kilburg, Treasury Curve.
Smaller G20 currencies have outperformed the big four all year, and this strategist sees the trend continuing.
The yen's slide continues and emerging market central banks eye the euro - it's time for your FX Fix.
Leading economies told Europe it must put up extra money to fight its debt crisis if it wants more help from the rest of the world, piling pressure on Germany to drop its opposition to a bigger European bailout.
Officials from top emerging market countries will discuss fledgling plans to set up a multilateral bank to fund projects in developing nations during upcoming Group of 20 meetings, a senior Brazilian government official said on Thursday.
Concerns over the size of United States debt reared their head once again as ratings agency Standard & Poor’s warned that health care costs for a number of highly-rated Group of 20 countries, including the U.S., could hurt growth prospects and harm their sovereign creditworthiness from the middle of this decade.
The Asian Development Bank has called for India and China to be ready to help rescue the eurozone from its sovereign debt crisis to avoid a long-term downturn that will stunt the growth of Asian economies. The FT reports.
As the eurozone crisis spreads from Greece to Italy, countries far afield are being sucked into the maelstrom. The FT reports.
The Group of 20 is seeking to meet again, possibly before Christmas, with the aim of resurrecting a deal to provide an international firewall around Greece, G20 sources have told the Financial Times, saying negotiators at the Cannes summit had been close to an agreement.
With no end in sight to the euro zone debt crisis, events in Athens and Rome are likely to dominate investor sentiment over the coming days.
Those looking for firm action in the final G20 communique would have had a hard time finding much to get their teeth into.
CNBC's Steve Liesman and Simon Hobbs have the latest details on Greece and the no confidence vote tonight on Greek PM, George Papandreou's government. Also, its impact on global markets.
CNBC's Steve Liesman has the details on Greece, the IMF, and how the country plans on getting financial relief.
CNBC's Michelle Caruso-Cabrera takes a look at the euro losing ground today after euro zone leaders raised fresh concerns about the regions ability to tackle its debt crisis,
CNBC's Steve Liesman has a preview of What President Obama's comments will be from the G20 summit.
CNBC's Steve Sedgwick has the details on President Obama's news conference at the G20 summit and his working sessions with G20 leaders as the European debt crisis remains on the front burner.