Former Indian Finance Minister Arun Jaitley, a key member of Prime Minister Narendra Modi's first-term Cabinet, died in a New Delhi hospital Saturday after a prolonged illness. He was 66. The All India Institute of Medical Sciences announced Jaitley's death in a statement, but did ...
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.
Just months away from Brexit, bullish City of London remains confident
London's powerhouse financial district fretted over a brain drain when the country voted for Brexit, but its leading players are now convinced of one thing: the City will win. Christopher Hayward is one of the nearly 500,000 Londoners who work in the City, Europe's largest ...
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 ...
