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  • Japan's Economics Minister Amari shakes hands with U.S. Trade Representative Froman ahead of their meeting in Tokyo
    Japan, U.S. say made significant trade progress before summit Reuters - 6 hours ago

    The United States and Japan made significant progress in trade talks over the past days, adding momentum to multilateral efforts toward a free-trade pact, both sides said on Tuesday. "Through these efforts, …

    Japan's Economics Minister Amari shakes hands with U.S. Trade Representative Froman ahead of their meeting in Tokyo

    The United States and Japan made significant progress in trade talks over the past days, adding momentum to multilateral efforts toward a free-trade pact, both sides said on Tuesday. "Through these efforts, the gaps between the two sides have been substantially narrowed," U.S. Trade Representative Michael Froman said after …

  • Struggling Greece puts state funds in loan basket as default fears grow The Canadian Press - 9 hours ago

    ATHENS, Greece - Greece's cash-strapped government has ordered reserves from state agencies to be placed in a basket account to help the country meet obligations, officials said Monday as bond market …

    Struggling Greece puts state funds in loan basket as default fears grow

    ATHENS, Greece - Greece's cash-strapped government has ordered reserves from state agencies to be placed in a basket account to help the country meet obligations, officials said Monday as bond market traders ...

  • Greece's Varoufakis warns of Grexit contagion Reuters - Sun, 19 Apr, 2015 9:06 PM EDT

    Greece's Finance Minister Yanis Varoufakis said in an interview broadcast on Sunday that if Greece were to leave the euro zone, there would be an inevitable contagion effect.

    Greek Finance Minister Varoufakis speaks at the Brookings Institution in Washington

    Greece's Finance Minister Yanis Varoufakis said in an interview broadcast on Sunday that if Greece were to leave the euro zone, there would be an inevitable contagion effect.

  • Japan, U.S. report progress on trade talks, though Tokyo stands tough on rice Reuters - Sun, 19 Apr, 2015 10:32 AM EDT

    By Tetsushi Kajimoto TOKYO (Reuters) - Japan and the United States reported progress in top-level trade talks on Sunday that could pave the way for a broader trans-Pacific trade deal, although Tokyo cautioned …

    Japan's Economics Minister Amari shakes hands with U.S. Trade Representative Froman ahead of their meeting in Tokyo

    By Tetsushi Kajimoto TOKYO (Reuters) - Japan and the United States reported progress in top-level trade talks on Sunday that could pave the way for a broader trans-Pacific trade deal, although Tokyo cautioned that a bilateral accord was unlikely in time for a summit next week. Japan's Economy Minister Akira Amari and …

  • China makes big cut in bank reserve requirement to fight slowdown Reuters - Sun, 19 Apr, 2015 10:28 AM EDT

    China's central bank on Sunday cut the amount of cash that banks must hold as reserves, the second industry-wide cut in two months, adding more liquidity to the world's second-biggest economy to help spur …

    Fluttering Chinese national flag casts its shadow on the headquarters of the People's Bank of China, China's central bank, in central Beijing

    China's central bank on Sunday cut the amount of cash that banks must hold as reserves, the second industry-wide cut in two months, adding more liquidity to the world's second-biggest economy to help spur bank lending and combat slowing growth. The People's Bank of China (PBOC) lowered the reserve requirement ratio (RRR) …

  • Another crunch week in Greek bailout saga Reuters - Sun, 19 Apr, 2015 5:08 AM EDT

    Euro zone finance ministers meet in the Latvian capital Riga on Friday with both sides saying time is running short to keep Greece afloat. Germany said last week it was unrealistic to expect euro zone …

    A Greek national flag flutters in front of the parliament building during heavy rainfall in Athens

    Euro zone finance ministers meet in the Latvian capital Riga on Friday with both sides saying time is running short to keep Greece afloat. Germany said last week it was unrealistic to expect euro zone countries to be able to pay out a new tranche of aid this month. "No one has a clue how we can reach agreement on an ambitious …

  • G-20 officials to confront global weakness, falling oil prices The Canadian Press - Fri, 17 Apr, 2015 7:55 PM EDT

    WASHINGTON - Financial officials from the world's major economies on Friday welcomed modest improvements in the global economy while side-stepping fears rattling global financial markets that Greece …

    G20 finance ministers and central bank governors pose for the media during family photo in Istanbul

    WASHINGTON - Financial officials from the world's major economies on Friday welcomed modest improvements in the global economy while side-stepping fears rattling global financial markets that Greece will ...

  • U.S. consumer sentiment rises in April Reuters - Fri, 17 Apr, 2015 10:10 AM EDT

    The University of Michigan's preliminary April reading on the overall index on consumer sentiment came in at 95.9, up from the final March read of 93.0. Analysts were looking for a reading of 94.0. The …

    File photo of shopper walking down aisle in newly opened Walmart Neighborhood Market in Chicago

    The University of Michigan's preliminary April reading on the overall index on consumer sentiment came in at 95.9, up from the final March read of 93.0. Analysts were looking for a reading of 94.0. The median forecast of analysts polled by Reuters was for a reading of 105.2 for the conditions index and 87.0 for expec …

  • Prices start to rise in euro zone, easing deflation fears Reuters - Fri, 17 Apr, 2015 5:18 AM EDT

    Consumer prices in the euro zone rose for the second straight month in March, not enough to pull annual inflation out of negative territory but another positive sign as the currency bloc looks to escape …

    A sign announcing a discount is pictured at an Electroniki retail chain shop in Athens

    Consumer prices in the euro zone rose for the second straight month in March, not enough to pull annual inflation out of negative territory but another positive sign as the currency bloc looks to escape prolonged deflation. In data likely to be welcomed by the European Central Bank, which has launched a U.S-style bond-buying …

  • Greek PM Tsipras confident of EU deal despite friction over reforms Reuters - Thu, 16 Apr, 2015 10:21 PM EDT

    By Renee Maltezou and Deepa Babington ATHENS (Reuters) - Greek Prime Minister Alexis Tsipras told Reuters on Thursday he was "firmly optimistic" his government would reach an agreement with its creditors …

    Greek PM Tsipras takes part in a wreath laying ceremony at the Tomb of the Unknown Soldier by the Kremlin walls in Moscow

    By Renee Maltezou and Deepa Babington ATHENS (Reuters) - Greek Prime Minister Alexis Tsipras told Reuters on Thursday he was "firmly optimistic" his government would reach an agreement with its creditors by the end of April despite friction over issues such as pension and labour reform. In a statement, Tsipras said several …