G7 eyeing using frozen Russian assets as collateral for Ukraine loans, EU official says WASHINGTON: Group of Seven members are discussing using nearly $300 billion in frozen Russian assets as collateral... Published 18 Apr, 2024 08:09pm
World Italy plans to invite South American, African countries to June G7 summit ROME: Italy is planning to invite numerous South American and African countries including Argentina, Egypt and... Published 11 Apr, 2024 06:18pm
World G7 calls for immediate repeal of bans on Japanese food, pressing China TOKYO: The Group of Seven (G7) industrial powers called on Sunday for the “immediate repeal” of import curbs on... Published 29 Oct, 2023 12:48pm
World Japan may arrange G7 finance meeting next week TOKYO: Japan is considering arranging a Group of Seven (G7) finance leaders’ meeting next week on the sidelines of... Published 06 Oct, 2023 10:38am
Markets APPEC: G7 oil price cap effective in cutting Russian revenue SINGAPORE: The Group of Seven’s price cap on Russian oil is still effective in limiting Russia’s revenue and oil... Published 04 Sep, 2023 03:14pm
Markets Japan finance minister: ‘No discussion’ of exchange rates at G7 TOKYO: There was “no discussion” about exchange rates at a meeting of Group of Seven (G7) finance ministers and... Published 16 Jul, 2023 03:04pm
World G7 finance chiefs to meet July 16, will discuss Ukraine, global taxation Financial leaders from the Group of Seven (G7) advanced countries will hold talks on July 16 on the sidelines of the... Published 14 Jul, 2023 10:29am
Markets Japan Finance Minister Suzuki: arranging G7 meet on sidelines of G20 TOKYO: Japan is arranging to hold a meeting of financial leaders from the Group of Seven (G7) advanced countries on... Published 11 Jul, 2023 11:47am
World With eye on China, US and five allies condemn trade-related ‘economic coercion’ WASHINGTON: The United States and five of its allies on Friday condemned the use of trade practices that amount to... Published 09 Jun, 2023 05:47pm
Markets Oil steady as US default risk offsets demand outlook LONDON: Oil prices were steady on Monday as caution relating to US debt ceiling talks dragged on optimism over... Updated 22 May, 2023 02:57pm
World France’s Macron: G7 is opportunity to convince Global South over Ukraine HIROSHIMA: French President Emmanuel Macron said on Sunday the Group of Seven (G7) summit in Japan is an opportunity... Published 21 May, 2023 11:25am
World G7 stiffens resolve to thwart Russia, gives Zelenskiy chance to win over fence sitters HIROSHIMA: The Group of Seven (G7) rich nations signalled to Russia their readiness to stand by Ukraine for the long... Updated 21 May, 2023 11:09am
World Biden invited Kishida, Yoon to meet in Washington HIROSHIMA: US President Joe Biden invited his Japanese and South Korean counterparts for another meeting in... Published 21 May, 2023 10:14am
World G7 agrees new sanctions to ‘starve Russia’s war machine’ HIROSHIMA: Leaders from the Group of Seven nations agreed new sanctions on Friday that they said would “starve... Published 19 May, 2023 05:34pm
World G7 to discuss diamond trade with future Russia sanctions in mind HIROSHIMA: Leaders of the Group of Seven (G7) nations will discuss how to trace Russian diamond trade at a summit... Published 18 May, 2023 02:58pm
Markets Oil rises on debt ceiling, demand optimism Oil prices rose 2% on Wednesday as optimism on oil demand and US debt ceiling negotiations outweighed supply... Updated 17 May, 2023 09:38pm
World G7 and EU to ban restart of Russian gas pipelines: FT The Group of Seven (G7) industrial powers and the European Union will ban Russian gas imports on routes where Moscow... Published 14 May, 2023 10:09am
World UK’s Hunt says ‘absolutely devastating’ if US failed to raise debt ceiling NIIGATA: British finance minister Jeremy Hunt said on Saturday it would be “absolutely devastating” if the United... Published 13 May, 2023 01:03pm
World G7 agreed global financial system resilient but needs vigilance, Japan Finance ministers says NIIGATA: Finance ministers and central banks from the Group of Seven rich nations agreed the global financial system... Published 13 May, 2023 12:49pm
Business & Finance G7 to vow diversifying of supply chains, filling bank regulatory gaps Finance leaders of the Group of Seven (G7) advanced economies set a year-end deadline for launching a new scheme to... Published 13 May, 2023 10:22am
World G7 plans new vaccine program for developing nations TOKYO: The Group of Seven (G7) rich nations is set to agree on establishing a new program to distribute vaccines to... Published 13 May, 2023 10:11am
World Japan to invite emerging nations to G7 finance leaders’ meeting TOKYO: Japan will invite some emerging nations to an outreach meeting held at the Group of Seven advanced countries... Published 28 Apr, 2023 10:19am
World UK’s Hunt says his budget will get more people into work LONDON: British finance minister Jeremy Hunt said he would use this week’s budget plan to remove barriers, including... Published 12 Mar, 2023 04:24pm
World G7 to urge countries against military aid to Russia: Japan PM TOKYO: A virtual Group of Seven summit on Friday will call on countries to not send military aid to Russia, Japan’s... Published 24 Feb, 2023 05:04pm
World G7 raises Ukraine support to $39bn for 2023, urges IMF programme by March BENGALURU: The Group of Seven (G7) nations on Thursday raised economic support to Ukraine to $39 billion for this... Published 23 Feb, 2023 06:53pm
Markets Oil prices fall on economic fears, dollar strength LONDON: Oil prices fell in a volatile market on Tuesday as the U.S. dollar stayed strong and economic uncertainty... Updated 06 Dec, 2022 08:38pm
Markets G7 begins to press Russia on Ukraine with oil price cap KYIV: A Group of Seven (G7) price cap on Russian seaborne oil came into force on Monday as the West tries to limit... Published 05 Dec, 2022 10:16am
Markets Oil jumps on hopes for easing of China’s COVID controls LONDON: Oil prices jumped by 3% on Tuesday on hopes for a relaxation of China’s strict COVID-19 controls after rare... Updated 29 Nov, 2022 05:22pm
World G7 condemns Russia’s kidnapping of Ukraine nuclear plant leadership TOKYO: The Group of Seven (G7) industrialised nations condemned Russia’s kidnapping of the Zaporizhzhia nuclear... Published 23 Oct, 2022 11:48am
World Zelenskiy asks G7 for air defences, support for Belarus border mission KYIV: Ukrainian President Volodymyr Zelenskiy on Tuesday asked the leaders of the Group of Seven (G7) nations for... Published 11 Oct, 2022 08:37pm
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?