Mnuchin says Trump could ease up on Huawei if trade talks advance
U.S. Treasury Secretary Steven Mnuchin said on Sunday that President Donald Trump might ease U.S. restrictions on Huawei if there was progress in the trade row with China – but absent a deal, Washington would maintain tariffs to cut its deficit.
G20 finance chiefs express concern over risks from ‘intensified’ trade conflict
Group of 20 finance leaders on Sunday said that trade and geopolitical tensions have “intensified”, raising risks to improving global growth, but they stopped short of calling for a resolution of a deepening U.S.-China trade conflict.
France’s Le Maire says ‘essential’ to bolster Renault-Nissan alliance
French finance minister Bruno Le Maire on Sunday said it was vital that Renault and Nissan Motor strengthen their alliance as the auto industry undergoes rapid change in the areas of electric and connected vehicles.
French finance minister says necessary to preserve Renault-Nissan alliance
French Finance Minister Bruno Le Maire on Sunday said it was necessary to preserve the alliance between Renault SA and Japan’s Nissan Motor Co Ltd, which he said has benefited the French automaker with synergies and technology.
G20 agrees to wrap up Big Tech tax rules by 2020
Group of 20 finance ministers agreed on Sunday to compile common rules to close loopholes used by global tech giants such as Facebook to reduce their corporate taxes, a final communique issued by the bloc showed on Sunday.
G20 finance chiefs cite ‘intensified’ trade row, but don’t call for its resolution
Group of 20 finance leaders said on Sunday that trade and geopolitical tensions have “intensified”, raising risks to improving global growth, but they stopped short of calling for a resolution of a deepening U.S.-China trade conflict.
ECB’s policy message well understood by market: Visco
Investors have understood the European Central Bank’s latest policy message “very well”, ECB policymaker Ignazio Visco said on Sunday when asked about a rise in the euro despite the possibility of new monetary easing.
BOJ Kuroda: G20 reaffirms commitment to use all tools to fight risks
Bank of Japan Governor Haruhiko Kuroda said on Sunday the Group of 20 finance leaders reaffirmed their commitment to use all policy tools if risks to their economies materialize.
Bundesbank’s Weidmann: U.S.-China row may reduce world trade by 1%
A trade dispute between the United States and China could reduce global trade by 1% in the medium term, Bundesbank President Jens Weidmann said on Sunday.
World’s top economies lay out principles on debt sustainability at G20 meet
Finance leaders from the world’s top economies on Sunday adopted new principles to ensure countries that lend and borrow for infrastructure spending do so in a sustainable manner, a move seen as addressing concerns that China’s lending practices have s…
