Feb 20, 2013

Stocks fall in Europe after G-20 talks

Europe’s main stock markets mostly fell on Monday after a weekend meeting of the Group of 20 leading economies ended with Japan being spared an accusation of unfairly devaluing its currency. London’s FTSE 100 index of leading companies slid 0.16 percent to 6,318.19 points, ...

G-20 backs stimulus policy but not talking down yen

Feb 19, 2013

G-20 backs stimulus policy but not talking down yen

Global finance chiefs signaled Japan has scope to keep stimulating its stagnant economy as long as policymakers cease publicly advocating a sliding yen. The message was delivered during weekend talks involving finance ministers and central bankers from the Group of 20 in Moscow. While ...

Feb 18, 2013

'Abenomics' turn Aso into celebrity

On the sidelines of the Group of 20 financial leaders’ meeting, Finance Minister Taro Aso found himself sought out by many of his counterparts, who expressed a keen interest in Japan’s economic and monetary policies, a government source said. Attending his first G-20 gathering ...

Feb 14, 2013

Dollar falls on enigmatic G-7 remark

The dollar fell below ¥93.50 in Tokyo trading Wednesday after showing volatile moves abroad over a statement from top finance officials of the Group of Seven major industrial nations. At 5 p.m., the dollar stood at ¥93.20-21, down from ¥94.22-23 at the same time ...

G-20 help sought on 'manipulation'

Feb 13, 2013

G-20 help sought on 'manipulation'

German Finance Minister Wolfgang Schaeuble called on the Group of 20 to denounce the “manipulation” of currency rates, reflecting concerns that Japan is trying to push down the yen to gain a trading advantage. “Exchange rates shouldn’t be manipulated,” Schaeuble told reporters after a ...

Feb 13, 2013

Markets to keep close eye on G-20 currency discussions

Market players will closely monitor discussions on currencies at the upcoming meeting of finance ministries and central bank chiefs of the Group of 20 advanced and emerging economies, Masaaki Kanno, chief economist at JP Morgan Securities Japan Co., said in a recent interview. A ...

Feb 8, 2013

Yen's decline too fast, Aso says ahead of G-20 meet

The pace of the yen’s weakening has been too swift, Finance Minister Taro Aso said, speaking a week before a meeting of global finance chiefs at which Japan’s currency policy is expected to come under the microscope. Aso’s comments to reporters in Tokyo on ...

Nov 7, 2012

G-20 prods on passage of bond legislation

Japan came under renewed international pressure Monday at a meeting of financial chiefs from major economies to step up efforts toward fiscal consolidation and ensure swift passage of legislation to finance the remaining part of this year’s budget with deficit-covering bonds. The finance ministers ...