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G20

UPDATE 1-Moody's cuts Turkey's credit rating to 'junk' after coup

ISTANBUL, Sept 24 Ratings agency Moody's cut Turkey's sovereign credit rating to "junk," citing worries about the rule of law after an attempted coup and risks from a slowing economy, in a move that could deter billions of dollars of investment.

Russia: Global economy, taxes to dominate Washington's G20 agenda

MOSCOW International tax cooperation will be in focus alongside the global economy a meeting of finance ministers from the Group of 20 developed and developing nations in Washington next month, Russia's top financial diplomat said on Friday.

Sep 23 2016

Bank of England's Carney calls for progress on green bonds

BERLIN Bank of England Governor Mark Carney called for faster development of green bond markets to reduce climate change risks for the world economy and urged Germany to use its presidency of the Group of 20 economies in 2017 to make progress.

Sep 22 2016

Fitch Affirms Saudi Banks; Downgrades 2 Viability Ratings

(The following statement was released by the rating agency) DUBAI/LONDON, September 21 (Fitch) Fitch Ratings has affirmed 11 Saudi Arabian banks' Long-Term Issuer Default Ratings (LTIDRs) and downgraded the Viability Ratings (VRs) of two of the reviewed banks, Riyad Bank (Riyad) and Arab National Bank (ANB), to 'bbb+' from 'a-'. The Outlook for all banks is Negative. A full list of rating actions is available at the end of this rating action commentary. The downgraded VRs of Riyad and ANB re

Sep 21 2016

BoE paper says system-wide stress-testing would bring benefits

LONDON Extending bank stress testing to the wider financial system could be the next step by regulators to root out weaknesses that undermine stability, a Bank of England paper said on Wednesday.

Sep 21 2016

BoE paper says system-wide stress-testing would bring benefits

LONDON, Sept 21 Extending bank stress testing to the wider financial system could be the next step by regulators to root out weaknesses that undermine stability, a Bank of England paper said on Wednesday.

Sep 21 2016

Developer pays record price for land in southern China after bidding frenzy

BEIJING A parcel of land in China's southern manufacturing hub Dongguan sold for a record price after developers went into a bidding frenzy, the Shanghai Securities News reported on Wednesday, adding to worries the country's property market is at risk of overheating.

Sep 21 2016

UPDATE 1-Developer pays record price for land in southern China after bidding frenzy

BEIJING, Sept 21 A parcel of land in China's southern manufacturing hub Dongguan sold for a record price after developers went into a bidding frenzy, the Shanghai Securities News reported on Wednesday, adding to worries the country's property market is at risk of overheating.

Sep 21 2016

China says criticism of its foreign investment environment is biased

BEIJING Criticism of China's foreign investment environment is biased, the commerce ministry said on Tuesday, as commentary mounts that it is more difficult for overseas firms to invest in China than it is for Chinese firms to invest overseas.

Sep 20 2016

Between reckless ally and old rival, China in a bind over North Korea

BEIJING/UNITED NATIONS China is in a bind over what to do about North Korea's stepped-up nuclear and missile tests, even though it is annoyed with its ally and has started talks with other U.N. Security Council members on a new sanctions resolution against Pyongyang.

Infographic

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Global GDP comparison

A graphical look at the world's top economies by size and per-capita production.  Interactive