BEIJING China will push anti-corruption cooperation when it hosts this year's G20 summit, Foreign Minister Wang Yi said on Thursday, after it suspended an international anti-corruption task force because domestic companies declined to participate.
LONDON Regulators have yet to get a firm handle on the world's $35 trillion shadow banking sector with supervision and data gathering still too patchy for spotting risks properly, the global Financial Stability Board said on Wednesday.
SENDAI, Japan Japan and the United States remained at loggerheads over exchange-rate policy on Friday with Washington saying yen moves continued to be "orderly," signalling that Tokyo has no justification to intervene in the market to stem yen gains.
SENDAI, Japan Bank of Japan Governor Haruhiko Kuroda said on Thursday the central bank would not hesitate easing monetary policy further if market moves, including a spike in the yen, threatened prospects for achieving its 2 percent inflation target.
LONDON It will be up to British voters on June 23 to decide whether the country stays in the European Union, but international bodies and foreign leaders have joined the debate, mostly to urge the country not to the leave the bloc.
LONDON For world markets, the main focus at this week's Group of Seven meeting in Japan will be how much leeway the host nation is given to boost economic growth and inflation, specifically through depreciation of the yen.
TOKYO A weekend gathering of G7 finance leaders may expose a rift on issues ranging from currency and fiscal policies within the close-knit group of advanced economies, dashing Japan's hopes of mustering a coordinated policy response to spur global growth.
BEIJING China said it has signed a multilateral agreement to share tax information on multinational companies, paving the way for it to join the fight on global tax avoidance.
WASHINGTON President Barack Obama is set to toast the five leaders of Nordic nations at a lavish state dinner at the White House on Friday, an unusual summit aimed in part at sending a message to a nation not on the guest list: Russia. | Video
ZURICH Switzerland's government on Wednesday settled on the final version of new too-big-to-fail (TBTF) bank rules, designed to protect the Swiss economy from the collapse of a major bank.