Harris Georgiades, Cyprus finance minister, comments on Cypriot reforms, discussions with Russia, capital controls and why he expects the first installment of the bailout shortly.» Read More
The United States warned Japan on Friday to stick to the rules when it came to the value of its currency, setting the stage for a potentially uncomfortable meeting of G7 finance ministers outside London. "Japan has growth issues for a long period of time that we have encouraged Japan to address.
*Washington's Lew warns Japan about sticking to currency rules. AYLESBURY, England, May 10- The United States warned Japan on Friday to stick to the rules when it came to the value of its currency, setting the stage for a potentially uncomfortable meeting of G7 finance ministers outside London.
*Dollar jumps to 4 year high above 100 yen. LONDON, May 10- Japan insisted on Friday that its tumbling yen would not be a hot topic at a meeting of global finance chiefs outside London, despite concerns in other camps about a looming currency war.
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.
Jack Lew, U.S. Treasury secretary, says Europe needs to find the right balance between austerity and growth and fix its credit market issues to boost its economy.
Jack Lew, U.S. Treasury secretary, comments on the Japanese monetary policy and adds that the U.S. "will keep an eye" on whether the policies remain "within the bounds" of international agreement.
LONDON, May 9- Top finance officials from the Group of Seven economies will discuss ways to nurture the global economic recovery and push ahead with financial reform when they meet on Friday and Saturday, Britain's finance minister said.
LONDON, May 9- Top finance officials from the Group of Seven economies will discuss ways to nurture an economic recovery, financial regulation and ways to boost trade when they meet on Friday and Saturday, Britain's finance minister said.
LONDON, May 9- Some of the world's most powerful finance chiefs will meet in an English stately home on Friday and Saturday to try to speed up banking and finance reforms, with Cyprus' near meltdown fresh in their minds.
Jim Flaherty, in Britain to attend a two-day meeting of G7 finance ministers, told Reuters that although it was possible to reduce national debt and foster growth, it was the former which was indispensable.
WASHINGTON, May 8- The United States will focus on ways Europe can boost demand and on Japan's aggressive monetary policy during upcoming meetings of the Group of Seven finance ministers and central bankers, a U.S.
TOKYO, April 26- Japanese Prime Minister Shinzo Abe has instructed his cabinet to compile the government's growth strategy and long-term fiscal reform plan before the Group of 8 summit in mid-June, the top government spokesman said on Friday.
LONDON, April 25- Britain's Prime Minister David Cameron called on the European Union to use the impetus of the G8 summit he is hosting in June to organise "radical" international action to crack down on tax evasion and avoidance.
Pier Carlo Padoan, chief economist at the OECD, tells CNBC that despite results which appear disappointing, they are not pessimistic as the G7 forecast in fact indicates an improving situation.
*Economic growth rebounding in U.S. and Japan. PARIS, March 28- The United States and Japan are leading a rebound in advanced economies while the euro zone lags, the OECD said on Thursday, warning financial markets may be getting ahead of themselves by banking on a more solid recovery.
*Economic growth rebounding in U.S. and Japan. PARIS, March 28- The United States and Japan are leading a rebound in advanced economies while the still fragile euro zone needs an interest rate cut to ensure a recovery takes hold, the OECD said on Thursday. We see growth firming in the U.S., we see more growth in Japan thanks to new measures, and we see more growth in Germany. "
*Britain, Japan, France already issue 40 years or more. OTTAWA, March 21- The Canadian government is considering imitating some its Group of Seven peers and most of its provinces in issuing bonds of 40 years or longer so it can lock in low interest rates, according to Thursday's federal budget.
Britain chairs the Group of Eight forum this year and has said tax compliance will be a major focus when the leaders of the major economies meet in Northern Ireland in June.
*Communique won't single out Japan on forex. MOSCOW, Feb 15- G20 officials will disregard key parts of a currency statement issued this week by the Group of Seven powers, according to a communique drafted for finance leaders meeting in Moscow, and will not single out Japan.