Finance ministers, bank governors and other officials after a meeting in Washington. Agence-France Presse
Japan called on Group of 20 counterparts to strengthen coordination to address potential risks to the world economy, as simmering trade tensions and China’s slowdown cloud the global growth outlook.
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 US-China trade conflict.
The Group of 20 finance ministers agreed on Saturday to compile common rules to close loopholes used by global tech giants such as Facebook to reduce their corporate taxes, a copy of the bloc›s draft communique obtained by Reuters showed.
Saudis share photos and videos of the crown prince, who made the IPO the centrepiece of his plan to diversify the kingdom's economy away from oil and open up its society.
London stocks and the British pound jumped on Friday after an election triumph for Conservative Prime Minister Boris Johnson that analysts said will bring clarity to Brexit proceedings and unlock stronger economic growth.
India’s benchmark index Sensex traded near its life-time highs on Friday after signs of easing in US and China trade tension. The Sensex hit an intraday high of 41,030.92, which is a little over 100 points away from a record high of 41,163.79.