G-7 finance chiefs kick trade dispute to leaders' summit

G-7 finance chiefs kick trade dispute to leaders' summit

WHISTLER, Canada–Finance leaders of the closest U.S. allies vented anger over the Trump administration’s metal import tariffs on Saturday, ending a three-day meeting with a stern rebuke of Washington and setting up a heated fight at a G-7 summit next week in Quebec. In a rare show of division among the normally harmonious club of […]

G7 finance ministers warn US 'co-operation at risk' over metal tariffs

G7 finance ministers warn US 'co-operation at risk' over metal tariffs

Finance ministers at the G7 have told the US that “collaboration and co-operation has been put at risk” by its trade tariffs. A summary of a meeting of the ministers singled out the US, warning it that its actions undermine trade and weaken confidence in the world economy. It said: “The international community is faced […]

GM Finance Arm Is a Profitable Cushion Against Slowing Car Sales

GM Finance Arm Is a Profitable Cushion Against Slowing Car Sales

General Motors Co. GM 1.17% is counting on a profit boost from an unlikely source: Its in-house lending arm. The nation’s largest auto maker by sales used to run one of the nation’s largest banks, General Motors Acceptance Corp. ALLY 1.48% GMAC once contributed the bulk of the auto maker’s profits, leading critics to label […]

Finance Ministry officials say Sagawa ordered falsification of Moritomo papers: sources

Finance Ministry officials say Sagawa ordered falsification of Moritomo papers: sources

Finance Ministry officials have testified that former senior official Nobuhisa Sagawa told them to falsify documents on its controversial sale of state land to school operator Moritomo Gakuen, it has been learned. Sagawa, 60, apparently found problems in Moritomo-related documents with seals affixed to them and said: “Check again closely what is written in them,” […]

Malaysia's World Cup broadcasts all covered by sponsors, says finance minister

Malaysia's World Cup broadcasts all covered by sponsors, says finance minister

GEORGE TOWN: The Malaysian federal government has received full sponsorship of RM30 million (US$7.54 million) from private companies to broadcast the 2018 World Cup football matches on Radio Televisyen Malaysia (RTM), the nation’s public broadcaster. Speaking to reporters on Sunday (Jun 3), Finance Minister Lim Guan Eng said the federal government will not have to spend […]

PERSONAL FINANCE: 5 ways to manage healthcare expenses

PERSONAL FINANCE: 5 ways to manage healthcare expenses

No matter your financial situation, it’s normal to have financial concerns as you plan for the future. According to recent research from Ameriprise Financial, the number one fear for those in their 50s through 70s is managing healthcare expenses for themselves or a family member. This same concern ranks number two for investors in their […]

G7 finance ministers speak out against US trade tariffs

G7 finance ministers speak out against US trade tariffs

As G7 finance ministers met in Whistler on Saturday, Canada’s representative spoke out against U.S. trade tariffs and said he hoped the Trump administration would reconsider them: Bill Morneau said: “We believe it’s important that every country take their own considered actions on how they want to respond to the tariffs imposed by the US. […]