G20

Global Economy

Briefs

Jho Low, Hin Leong Trading, and other news you don't want to miss this week.

Globalisation

Now or never for global leadership

Without swift and decisive global leadership, Covid-19 could well be one of the worst global health crises in human history while scuppering attempts to avert a global depression.
JP Morgan

Citi and JPMorgan top list of globally systemic banks

LONDON (Nov 22): Citi has joined JPMorgan at the top of global regulators' list of systemically important banks, replacing HSBC and meaning the US bank will have to hold extra capital from 2019 to help preserve financial stability.

Crude Oil

Oil bounces on Saudi-Russian pledge to steady prices

LONDON (Sept 6): Oil rallied by up to five per cent on Monday as top global producers Russia and Saudi Arabia vowed to stabilise the market after meeting at the G20 in China.

China's Xi at G20 says world economy at risk, warns against protectionism

(Sept 5): The global economy is being threatened by rising protectionism and risks from highly leveraged financial markets, Chinese President Xi Jinping said at the open of a two-day summit of leaders from G20 nations.
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