United Kingdom


China to promote anti-corruption efforts at G20 - minister


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.

Global watchdog says shadow-banking supervision too patchy

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.

Business, 25 May 2016

Japan, U.S. remain at loggerheads over yen policy

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.

Business, Japan 20 May 2016

BOJ's Kuroda vows to ease more if yen moves hurt price target

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.

Business, Japan, 19 May 2016

Factbox - Britain and Brexit: what the rest of the world says

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.

UK, 18 May 2016

G7, markets face struggle to quell yen volatility

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.

Business, Japan 18 May 2016

Japan to struggle to overcome G7 rift on yen, fiscal policy

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.

Business, Japan 17 May 2016

China signs pact aimed at fighting multinational tax avoidance

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.

Business, 13 May 2016

Obama sets state dinner table for six at unusual Nordic summit

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

12 May 2016

Swiss government adopts amendment to too-big-to-fail bank rules

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.

Business, 11 May 2016



Global GDP comparison

A graphical look at the world's top economies by size and per-capita production.  Interactive