Edition:
United Kingdom

David Lawder

G7 urges tough Libra regulation, agrees to tax digital giants

19 Jul 2019

CHANTILLY, France Digital currencies such as Facebook's planned Libra raise serious concerns and must be regulated as tightly as possible to ensure they do not upset the world's financial system, Group of Seven finance ministers and central bankers said on Thursday. | Video

U.S.' Mnuchin sees some 'very good' European candidates to lead IMF

18 Jul 2019

CHANTILLY, France U.S. Treasury Secretary Steven Mnuchin said on Thursday that there are some "very good" European candidates to head the International Monetary Fund, but he is not taking for granted the tradition of European leadership at the institution.

Trump administration, Congress have agreed on spending levels: Mnuchin

18 Jul 2019

CHANTILLY, France U.S. Treasury Secretary Steven Mnuchin said on Thursday that the Trump administration and congressional leaders have agreed on broad spending levels for the next two fiscal years, a key step towards approving a debt limit extension as U.S. borrowing capacity wanes.

Mnuchin sees no changes to use of U.S. exchange fund

18 Jul 2019

CHANTILLY, France U.S. Treasury Secretary Steven Mnuchin said on Thursday that there have been no changes to policies on the Treasury's $94.5 billion Exchange Stabilization Fund despite President Donald Trump's desire for a weaker U.S. currency.

Mnuchin sees no changes to use of U.S. exchange fund

18 Jul 2019

CHANTILLY, France U.S. Treasury Secretary Steven Mnuchin said on Thursday that there have been no changes to policies on the Treasury's $94.5 billion (£75.7 billion) Exchange Stabilization Fund despite President Donald Trump's desire for a weaker U.S. currency.

UPDATE 1-Mnuchin sees no changes to use of U.S. exchange fund

18 Jul 2019

CHANTILLY, France, July 18 U.S. Treasury Secretary Steven Mnuchin said on Thursday that there have been no changes to policies on the Treasury's $94.5 billion Exchange Stabilization Fund despite President Donald Trump's desire for a weaker U.S. currency.

Trump administration, Congress agree on spending levels: Mnuchin

18 Jul 2019

CHANTILLY, France/WASHINGTON U.S. Treasury Secretary Steven Mnuchin said on Thursday that the Trump administration and congressional leaders have agreed on broad spending levels for the next two fiscal years, but House Speaker Nancy Pelosi would not confirm there was a deal.

Trump administration, Congress agree on spending levels - Mnuchin

18 Jul 2019

CHANTILLY, France/WASHINGTON, July 18 U.S. Treasury Secretary Steven Mnuchin said on Thursday that the Trump administration and congressional leaders have agreed on broad spending levels for the next two fiscal years, but House Speaker Nancy Pelosi would not confirm there was a deal.

IMF must adapt to China's rise, fintech, to stay relevant - Lipton

16 Jul 2019

PARIS The International Monetary Fund must continue to adapt to rising economic powers such as China and new financial technologies to remain relevant in its next 75 years, the fund's acting managing director said on Monday.

U.S., China to relaunch talks with little changed since deal fell apart

10 Jul 2019

WASHINGTON/NEW YORK The United States and China are set to relaunch trade talks this week after a two-month hiatus, but a year after their trade war began there is little sign their differences have narrowed.

World News