Advertisement
Canada markets closed

  • S&P/TSX

    21,807.37
    +98.93 (+0.46%)
     

  • S&P 500

    4,967.23
    -43.89 (-0.88%)
     

  • DOW

    37,986.40
    +211.02 (+0.56%)
     

  • CAD/USD

    0.7275
    +0.0012 (+0.16%)
     

  • CRUDE OIL

    83.24
    +0.51 (+0.62%)
     

  • Bitcoin CAD

    88,652.22
    +1,349.95 (+1.55%)
     

  • CMC Crypto 200

    1,334.09
    +21.46 (+1.64%)
     

  • GOLD FUTURES

    2,406.70
    +8.70 (+0.36%)
     

  • RUSSELL 2000

    1,947.66
    +4.70 (+0.24%)
     

  • 10-Yr Bond

    4.6150
    -0.0320 (-0.69%)
     

  • NASDAQ

    15,282.01
    -319.49 (-2.05%)
     

  • VOLATILITY

    18.71
    +0.71 (+3.94%)
     

  • FTSE

    7,895.85
    +18.80 (+0.24%)
     

  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     

  • CAD/EUR

    0.6824
    +0.0003 (+0.04%)
     

G20 countries should promote sustainable, balanced growth - China finance minister

Reuters
Chinese Finance Minister Lou Jiwei attends the opening ceremony of the first annual meeting of Asian Infrastructure Investment Bank (AIIB) in Beijing, China, June 25, 2016. REUTERS/Jason Lee (Reuters)

CHENGDU, China (Reuters) - The effectiveness of fiscal and monetary policies is diminishing and major economies should deepen coordination to promote sustainable, balanced growth, China's Finance Minister Lou Jiwei said on Saturday. Lou was speaking at a meeting of G20 finance ministers and central bankers in the southwestern Chinese city of Chengdu. (Reporting by Kevin Yao and Elias Glenn; Writing by John Ruwitch; Editing Jacqueline Wong)