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October, 25, 2016

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China tells G-20 to avoid 'empty talk' as summit opens
Leaders of the world's biggest powers met Sunday to try to revive the sluggish world economy, with their host Chinese President Xi Jinping urging them to avoid "empty talk."
The head of the International Monetary Fund on Thursday called on global leaders to take "forceful" action to revive the world economy, sounding a stark warning ahead of this weekend's G-20 summit.
European and Asian stock markets mostly rose Friday and the dollar firmed before key U.S. jobs data set to determine whether the Fed hikes interest rates before the end of the year.
Oil prices edged up Friday on bargain-buying and a weaker dollar after another slump fueled by a surge in U.S. stockpiles and worries about an upcoming meeting to tackle a global supply glut.
Europe's main stock markets rebounded on Thursday following a weak finish to August, as traders digested worldwide manufacturing numbers.
Oil prices weakened further Thursday with sentiment weighed down by a sharp rise in U.S. crude stockpiles, dealers said.
Canada will apply to join the China-backed Asian Infrastructure Investment Bank (AIIB), Ottawa's finance department said Wednesday, in a coup for Beijing after Washington had tried to dissuade U.S. allies from signing up.
European and Asian stock markets diverged on Wednesday with traders reacting to mixed regional data ahead of key U.S. jobs numbers due later in the week.
Oil fell further Wednesday as dealers awaited the latest update on crude reserves in the United States.
The U.S. dollar held its ground Wednesday as traders bet on a U.S. rate hike while poor Japanese factory output pressured the yen.
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