China's Xi turns to financial experts to tame economic risks
As China struggles to deal with the slowdown of the world's second-largest economy, it has embarked on a new strategy of placing financial experts in provinces to manage risks and rebuild regional economies. Since 2018, President Xi Jinping has put 12 former executives at state-run ...
G20 to seek stricter taxation rules for digital giants at Fukuoka meeting, draft statement shows
Finance ministers and central bank governors are also set to warn that the world economy continues to face risks from trade conflicts between leading economies.
A climate-friendly global financial system
Governments worldwide must do what it takes to ensure that both public and private financial flows support the climate agenda.
Swiss 'real money' initiative fails after lack of support from cantons
A radical plan to upend Switzerland's financial landscape by barring commercial banks from creating money has been defeated after failing to win a majority of support from the Swiss cantons, Swiss broadcaster SRF said Sunday. The measure needed to secure a majority of Switzerland's 26 ...
Deepening financial integration in Asia
Capital-rich Japan has been relatively inactive in promoting capital market financial integration.
Hackers stole $6 million from Russian bank via SWIFT system, central bank says
Unknown hackers stole 339.5 million roubles ($6 million) from a Russian bank last year in an attack using the SWIFT international payments messaging system, the Russian central bank said on Friday. The disclosure, buried at the bottom of a central bank report on digital thefts ...
Japan's financial crisis may seem like ancient history, but banks are now facing considerable challenges.
G20 finance chiefs, upbeat on world economy, affirm coordination over risks
Finance chiefs from the Group of 20 major economies agree to step up coordination in coping with risk factors to the world economy amid signs that 2017 will be the best year for global growth in a decade.
Somebody's making money off all our junk
In uncertain times, the simple self-storage space can look like the safest place to invest money.
'Fintech' can empower Africa's poor
Africa's greatest hope may be in the commercial advance of technology.
Japan and China are planning to discuss financial issues on May 7 in Yokohama in the first session of the bilateral dialogue in nearly two years, sources said Wednesday, reflecting a recent thaw in relations. Finance Minister Taro Aso and his Chinese counterpart Xiao Jie ...
Finance Minister Taro Aso said in his new year policy speech Friday that he will "certainly" go through with the second stage of the consumption tax hike to 10 percent in April 2017 to secure international trust in Japan's efforts to return to fiscal ...
