U.S. Treasury’s Mnuchin says Trump-Xi meeting has parallels to Buenos Aires summit
A highly anticipated late June meeting between U.S. President Donald Trump and Chinese President Xi Jinping has some parallels with their Buenos Aires summit last December that postponed a tariff hike, U.S. Treasury Secretary Steven Mnuchin said on Sat…
U.S. Treasury’s Mnuchin says Mexico immigration deal fixes problems
U.S. Treasury Secretary Steven Mnuchin said on Saturday that the U.S.-Mexico immigration deal met President Donald Trump’s objectives of fixing immigration problems on the southern U.S. border, but Trump will retain the authority to impose tariffs if M…
G20 finance chiefs to warn of trade risks, differ on how ‘pressing’
Global trade tensions threaten an expected pick-up in economic growth this year and in 2020, a draft communique by the world’s financial leaders showed on Saturday, but the policymakers were divided on whether the need to resolve them was “pressing”.
Most G20 members see trade row as huge risk for global growth: Japan MOF official
Most Group of 20 finance leaders said escalating trade tensions pose a huge downside risk for the global economy, a senior Japanese Ministry of Finance said on Saturday.
Japan’s Aso says US-China trade uncertainty could hurt market confidence
Japanese Finance Minister Taro Aso said on Saturday that uncertainty over U.S.-China trade friction, if not resolved early enough, could hurt market confidence in the outlook for the global economy.
G20 to say trade tensions a key risk to growth, split on urgency of finding solution
Global trade tensions threaten an expected pick up in economic growth this year and in 2020, a draft communique by the world’s financial leaders showed on Saturday, but the policymakers are divided on whether the need to resolve them was “pressing”.
Wall St. Week Ahead: Top U.S. bond managers betting bond market still has room to run
U.S. bond fund managers are betting that the steep gains in Treasuries over the last month are here to stay.
German finance minister says G20 ministers agree on minimum taxation
Finance Ministers at a Group of 20 meeting in Japan are agreed that minimum taxation is a good idea, German Finance Minister Olaf Scholz said on Saturday, adding that it would come.
G20 financial heads to stay vague on trade, no progress seen in U.S.-China row
Finance leaders of the Group of 20 major economies will steer clear of promises to avoid protectionism in a communique on Sunday amid escalating U.S.-China trade tensions, officials say, casting doubt on their ability to take a united front in averting…
Italy’s minibonds would either be illegal or useless: finance minister
It would be either illegal or useless for Italy to issue bonds to pay its suppliers as such notes would break European currency rules or add to the country’s massive government debt, Italian finance minister Giovanni Tria said on Saturday.
