G-7 finance ministers meet in Washington; China agrees to work on ...
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The US administration, facing huge and politically sensitive trade deficits, secured China&#39;s pledge Friday to work harder to move its currency toward a flexible exchange rate, which would make US goods more competitive abroad.
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On the day following the closure of the central economic work conference, Premier Wen Jiabao flew to Europe for the seventh China-EU summit held from December 7 to 9 in The Hague, The Netherlands and availed ...
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A statement from the Group of Seven rich nations on foreign exchange due later on Saturday will have very similar wording to the communique adopted last year in Boca Raton, Florida, a G7 source told Reuters.
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China and the United States agreed on Friday that Beijing will pursue currency flexibility, while Washington will aim to increase national savings as part of joint efforts to reduce global economic imbalances.
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U.S. trade data and the White House  budget take the spotlight this week as markets digest comments  from a weekend G7 meeting and upbeat remarks on the U.S.  deficit from Federal Reserve chief Alan Greenspan.
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The G7 finance ministers are due to meet in Germany, with the low value of the yen likely to be a key issue of debate.
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China joined the Group of Seven nations for talks on the global economy on Saturday, marking an effective expansion of the club which may also admit other emerging economic powerhouses to almost double its ...Comment
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WASHINGTON, Oct 1 : Top finance officials of the Group of Seven industrial powers opened talks in Washington, expected to focus on issues such as oil prices, China&#39;s currency, Iraq and the debt crisis of the world&#39;s poorest countries.
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China pledged to move toward a flexible exchange rate, the US Treasury Department said, hours ahead of a key meeting of the world's top finance chiefs who are expected to press Beijing to ease its currency policies.
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G7 leaders renew pressure on China to relax controls over its yuan currency, at the end of their meeting in Germany.
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The global economy is healthy and no major financial crises loom. Yet finance ministers meeting this week must confront uncertainties about the fight against terrorism, rising interest rates and volatile oil prices.
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Finance ministers from the G7 countries have gathered in London to discuss the global economy. What are your hopes and fears for the outcome of the meeting?
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Finance chiefs from seven of the world's most powerful countries will convene here Saturday to assess prospects for a global economy threatened by simmering inflation, higher interest rates and foreign exchange uncertainty.
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A meeting of finance ministers and central bankers from the world&#39;s wealthy nations with Chinese counterparts on Oct. 1 will be a key opportunity to discuss
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WASHINGTON - The world's major economic powers were far apart Saturday on agreeing how to provide debt relief for Iraq and the poorest nations, as finance officials began broader discussions about the global economy.    Treasury Secretary John Snow and Federal Reserve Chairman Alan Greenspan led the U.S...
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BERLIN: The United States, Germany and other G7 nations agreed yesterday to write off up to 80 per cent or $33 billion of Iraq&#39;s Paris Club debt, which could pave the way for a wider international accord, officials said.
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China will attend talks of the Group of Seven industrialized countries for the first time next week, reflecting the emerging importance of the world&#39;s biggest developing nation to the global economy, the US Treasury said.