TOKYO Japan's exports and household spending were expected to fall in the year to September, a Reuters poll found on Friday, in a sign weakness in external and domestic demand could weigh on economic recovery in the third quarter.
ADDIS ABABA German Chancellor Angela Merkel, on a trip to Ethiopia, said she would make Africa a priority for Germany's G20 presidency next year and outlined plans for a conference in Berlin.
ADDIS ABABA German Chancellor Angela Merkel, on a trip to Ethiopia, said she wanted the African Union to get involved in trying to solve the conflict in Libya.
BEIJING Risks in China's banking system are controllable even as bad loans increase, said the governor of the country's central bank.
WASHINGTON International Monetary Fund First Deputy Managing Director David Lipton welcomed the Bank of Japan's new policy framework as a boost to its credibility, but called for more vigorous fiscal and structural policies to reflate a fragile economic recovery.
BEIJING China's State Council, or cabinet, said on Saturday the country is committed to improve access for foreign companies in China, as part of "a new round of high-level opening up".
WASHINGTON Bank of Japan Governor Haruhiko Kuroda said it was hard to achieve balanced economic growth with monetary policy alone, adding that G20 nations shared the view fiscal and structural policies must also play a key role in boosting growth.
WASHINGTON U.S. Treasury Secretary Jack Lew stressed the importance of adhering to a Group of 20 agreement to refrain from competitive currency devaluation in a meeting with his Japanese counterpart Taro Aso, the U.S. Treasury Department said on Friday.
WASHINGTON World finance leaders issued fresh warnings about economic stability risks on Friday amid worries about a massive U.S. fine for Deutsche Bank destabilising Germany's largest bank, a sharp fall in the British pound and weak global growth.
WASHINGTON European Central Bank interest rates will stay low until euro zone economic growth picks up in a convincing way, ECB head Mario Draghi told finance ministers and central bank governors from the world's 20 biggest economies (G20) at on Thursday, a G20 source said.