Finance Minister

Xinhua Beijing, July 4, according to the Hong Kong Grand Bulletin reported that ICBC to enter the Thai market to make a new outlook, Thai officials for the first time to confirm ICBC plans to acquire ACL bank, but also become a controlling shareholder, but now need to wait for regulators to relax foreign shareholding restrictions.　　A spokesman for the ICBC news agency declined to comment on the rumours. ICBC early in 06 after the listing, there are plans to acquire ACL banks, the original scheduled to be completed by the end of 07, but has been on the issue of holding restrictions on the stalemate. Foreign quoted Thai finance Minister Korn Chatikavanij, ICBC is with the Thai government to purchase AC ...

According to foreign media reports, Britain's finance minister Alistair has passed a budget to support the UK gaming industry. Although all the details have not been disclosed, he pledged that the measure would resemble the current set of measures to revive the British film industry.　　Britain's investment in the UK film industry has been backed by billions of dollars through lotteries and funds. "Our creative industries offer a great deal of jobs, a huge source of wealth and an opportunity to get credit." He said: "I will provide financial support, concrete steps will be similar to the resumption of British film industry measures." ...

Xinhua Beijing, March 2, according to Hong Kong "star Island Daily Network" reported that March 1, the European Union's economic affairs commissioner visit to Greece, Ryan urged Greece to take further measures to tighten spending and reduce the fiscal deficit.　　Papaconstantinou, the Greek finance minister, said the government would take all actions, including the introduction of new measures, to achieve this year's deficit reduction targets.　　On March 1, the European Union's economic affairs commissioner, Ryan, arrived in Athens to meet with Greek Prime Minister George Papandreou and other senior officials to further pressure the Greek government to announce new measures to cut government spending in the next few days. Greek finance Minister Papaconstantinou ...

U.S. Treasury Secretary Timothy, who is visiting Beijing, said in an interview May 31 that the United States wants to strengthen economic ties with China, which is one of his main goals for the visit. This is Geithner's first visit to China as finance minister.　　In an interview with Chinese leaders before the meeting, Geithner said President Obama's U.S. government wants to forge a new bilateral relationship with China. "We look forward to a relationship with China as if we had a relationship with the group of seven over the past few decades," Geithner told fellow reporters. Seven countries ...

This Seoul, February 28 (Xinhua) The Finance minister and the deputy central bank governor of the Group of 20 (G20) held a meeting from February 27 to 28th at Incheon Pine Island, South Korea, to assess the world economic situation after the financial crisis and to discuss issues and timetables for the two financial summits of the year.　　The meeting was held behind closed doors, the first meeting of the Group of 20 since this year, and no press release was issued. According to South Korean media reports, the Conference's main issues include the promotion of a strong and sustainable global economic growth, accelerate the reform of international financial institutions, and strengthen the regulation of international financial institutions. ...

U.S. Treasury Secretary Timothy Geithner will begin his visit to China on May 31, and will meet with Chinese President Hu Jintao and Premier Wen Jiabao, who are expected to discuss the U.S. budget deficit and China's investment in US Treasury bills, but are not expected to raise the currency issue. According to Taiwan's "Central Society" 28th, Mr. Geithner's visit will be his first visit to China after his tenure as finance minister.　　U.S. Treasury officials point out that he will also discuss with Chinese officials the issue of reducing emissions, in addition to the interests of U.S. companies. The report said that when the U.S. Senate reviewed Geithner's nomination this January, he had ...

The aim is to prevent local branches of large enterprises, including Google, from turning revenues into lower-tax countries such as the Netherlands or Ireland, to avoid taxes. It has been reported that large multinational companies use legal loopholes, through the transfer of revenue tax avoidance. As a result, Britain and Germany had previously announced at the group of 20 (G20) summit that the plan would lead to a push to expand the amount of "tax payable" that multinational companies had to pay. David Bradbury, assistant Finance Minister of Australia, said that the tax code was revised to ensure that companies were able to pay a reasonable David Blebley for their profits in Australia ...

The finance ministers of the Group of Seven and the governors of the central bank held a meeting from 5th to 6th in Nunavut, the capital of Iqaluit, Canada, focusing on sovereign debt crisis and financial sector reform.　　　　The "amateur" activities, such as riding a dog sled, tasting local delicacies and receiving special souvenirs, undoubtedly add a dash of lively romantic appeal to the atmosphere of serious "rivalry".　　Sled experience by the Meeting host Canada Finance Minister James Fleheux, a number of delegates 5th afternoon to experience the dog sled tour. "The weather is very good this day, beautiful ...

Brasilia, November 25 (Xinhua) The Brazilian Ministry of Finance announced 25th that its loan quota in the International Monetary Fund's "New loan Arrangement" (NAB) will increase from $10 billion trillion to $14 billion trillion. Brazilian Finance minister Guido said the same day that Brazil would be given the same veto power in the "new lending arrangements" as the other three members of the BRIC group, China, India and Russia. The "New loan arrangement" is a loan agreement between the International Monetary Fund (IMF) aimed at increasing the loan resources for the Organization's members in order to be in gold ...

A photo of the resignation of Japan's finance minister, Mr. Fujii (left) and his successor, Naoto Kan (pictured on September 18, 2009). Japan's finance minister, Mr. Fujii, 5th resigned to Prime Minister Yukio Hatoyama on the basis of poor health conditions. Hatoyama announced 6th that he has accepted Fujii's resignation request. Fujii became the first minister to resign since the Shanwan regime came to power last September. Some political and economic analysts believe that Fujii is highly respected and experienced, and if he withdraws from politics, the ruling Democratic Party loses a lot, and Mr Hatoyama's government is pushing to revive the economy or hinder it. Fujii speech ...

In the past few days, large emerging economies such as China, Brazil and Russia have announced that they will consider buying bonds issued by the IMF.　　Russia and Brazil have said publicly that they will consider reducing the proportion of their foreign reserves used to buy US Treasuries in an effort to free up money to buy IMF bonds.　　In the context of the first BRIC summit, the developments have also sparked speculation and concern in the international market about the potential for a new wave of dollar asset sales, with treasury prices falling sharply. Brazil, Russia to buy IMF bonds, Brazilian Finance Minister Mantega, said 10th, Brazil will buy 10 billion U.S. dollars ...

Iraq owes China $8.5 billion trillion of debt-free debts to the total of 80% Iraqi Finance Minister Bagler Zubedi announced January 31 that Beijing has agreed to a bilateral agreement that would exempt Baghdad from 80% of its debt, about $6.8 billion trillion, which amounted to $8.5 billion trillion. China's ambassador to Iraq, Changyi, conveyed to Zubedi the approval of the NPC Standing Committee on the bilateral agreement, which was initialled in Beijing.　　It is reported that the two sides in Beijing on the issue of debt relief consultations, the Chinese side said it would reduce the debt owed to China. In addition, the Iraqi finance minister also asked the Chinese in Baghdad to ...

Remain vigilant against a double-dip recession the Financial Times reported 9th that Mexico had bought a $1 billion policy to prevent a fall in oil prices next year, signaling that commodity producers remain wary of a double-dip recession.　　The world's sixth-largest oil producer said on 8th it had hedged its total net oil exports for 2010 years by buying insurance against oil prices falling below $57 a barrel. "We want to treat it as an insurance policy," said Augustin Castens, the Mexican finance minister. "It doesn't matter if we don't make a profit on this deal," he said. "He ...

Nokia's former chief executive, Stephen Elop, paid 18.8 million euros in severance payments, resulting in a lot of criticism. Among them, the Finnish Prime Minister and Finance minister joined the ranks of critics. Last weekend, Finnish Prime Minister Katainen Jyrki Katainen, in an interview with Finnish television (Finnish TV), said it was unfair to issue so many bonuses in the face of difficulties. He said the money was annoying and said: "Obviously, in all the big companies around the world, this kind of reward is very unusual, it is not common sense ...

Xinhua Beijing, May 30, Russia has been using Belarus to manipulate the exchange rate as a reason to shelve the 500 million U.S. dollar loan plan for Belarus, and alleged that the Belarusian economy may be bankrupt this year. According to the Singapore Lianhe Zaobao, Russian Finance minister Kudrin said the country's economy could be bankrupt by the end of this year because of a lack of adequate reserves. But Vladimir Putin, Russia's prime minister, said such extreme forecasts were inappropriate. He added that Russia would be available at any time if it needed support and assistance.　　But Mr Putin did not mention the loans on hold. Earlier on, Russia has replied that ...

Remain vigilant against a double-dip recession the Financial Times reported 9th that Mexico had bought a $1 billion policy to prevent a fall in oil prices next year, signaling that commodity producers remain wary of a double-dip recession.　　The world's sixth-largest oil producer said on 8th it had hedged its total net oil exports for 2010 years by buying insurance against oil prices falling below $57 a barrel. "We want to treat it as an insurance policy," said Augustin Castens, the Mexican finance minister. "It doesn't matter if we don't make a profit on this deal," he said. "He ...

Iraq owes China $8.5 billion trillion of debt-free debts to the total of 80% Iraqi Finance Minister Bagler Zubedi announced January 31 that Beijing has agreed to a bilateral agreement that would exempt Baghdad from 80% of its debt, about $6.8 billion trillion, which amounted to $8.5 billion trillion. China's ambassador to Iraq, Changyi, conveyed to Zubedi the approval of the NPC Standing Committee on the bilateral agreement, which was initialled in Beijing.　　It is reported that the two sides in Beijing on the issue of debt relief consultations, the Chinese side said it would reduce the debt owed to China. In addition, the Iraqi finance minister also asked the Chinese in Baghdad to ...

Li Xiaoye in answer to "the first financial daily" question, Xuren said that the "extrabudgetary income" will be abolished the subject, to ensure that the land transfer revenue and expenditure into the local government budget, and a wide range of new financial resources 2.9 trillion!　　Last year, the National land transfer income reached an unprecedented height, close to the local revenue of One-third, "land finance" has become increasingly fierce, the way out? Yesterday afternoon, "fiscal policy and related issues" press conference, Finance Minister Xuren responded to the "First financial daily" reporter on "Land Finance" questions, explained the huge land transfer ...

Summary: In tandem with the BRICS summit, the dollar has been heavily hit by the BRICS: U.S. Treasury bonds were collectively reduced by China, Russia and other major holders, with China, Russia and Brazil announcing their purchases of IMF bonds in the hope of resisting the risk of dollar assets and expanding their voice, according to data released 15th by the U.S.　　At the same time, a growing number of countries are considering using the renminbi as a bilateral trade settlement currency; the UBS survey shows that "some Asian currency" is most likely to be the reserve currency that challenges the dominance of the dollar. Along with the BRICS summit, the dollar has been heavily hit by the BRICS: US Treasury 1 ...

G20 finance ministers and central bankers reiterated that they could not prematurely "exit" from the morning News of the debate on "exit from the stimulus measures". The two-day meeting of finance ministers and central bank governors of the Group of 20 (G20) ended on 7th in the Scottish town of St Andrews, where participants agreed that "a premature exit strategy cannot be introduced prematurely" until the economy has returned to a sustainable growth trajectory.　　Participants also reached general consensus on various issues such as the reform of the international financial system and the financing of climate change. But the smiling faces of the country's "family portrait" photos clearly can't hide ...