Japanese finance minister Taro Aso criticized on Sunday a U.S. tax reform proposal that he said could undermine global efforts to agree new rules on taxing big tech companies.
Oil prices tumbled more than 2per cent on Monday as investors worried about a hit to demand from the coronavirus outbreak, which is spreading rapidly outside China.
UniCredit Chief Executive Jean Pierre Mustier has ruled himself out of a switch to European rival HSBC , a source with knowledge of the matter told Reuters on Sunday.
Businesses say they are worried about the prospect of closures should the situation drag on longer than expected.
The US forcibly tying Chinese import requirements to the trade deal risks violating global trading rules, distorting and diverting world trade, says an observer.
The knock-on effects on travel, production and Asian supply chains will be massive, says an expert.
Japanese finance minister Taro Aso criticized on Sunday a U.S. tax reform proposal that he said could undermine global efforts to agree new rules on taxing big tech companies.
RIYADH: The deadly coronavirus epidemic could put an already fragile global economy recovery at risk, the International Monetary Fund head told G20 finance ministers and central bank governors on Sunday (Feb 23). Global growth was poised for a modest rebound to 3.3 per cent this year, up from 2.9...
RIYADH: Finance officials from the world's 20 biggest economies (G20) on Sunday (Feb 23) agreed the wording of a final communique that includes a reference to climate change for the first time in US President Donald Trump's administration, G20 diplomatic sources said. Compromise language hammered ...
As Canadian Prime Minister Justin Trudeau considers whether to approve Teck Resources' Frontier oil sands project, roughly 20 others sit on the shelf as companies delay investment decisions hoping for new pipelines and higher prices.
