The Group of 20 comprises finance ministers and central bank governors from 20 major economies: 19 countries plus the European Union, which is represented by the president of the European Council and by the European Central Bank.
The final communiqué from the two-day meeting of Group of 20 finance ministers and central bankers in Sydney said yesterday they would take action to increase investment and employment. An agreement targeting tax evasion was also hailed as a key achievement.Friday, 28 February, 2014, 5:54pm
The G20 plan to combat tax evasion will enable the member states, including China, to have their own version of the United States' Foreign Account Tax Compliance Act (Fatca) that shines a spotlight on US tax dodgers around the world, say analysts.16 Sep 2013 - 4:12am
President Xi Jinping yesterday told his US counterpart Barack Obama not to resort to military strikes to tackle the crisis in Syria.7 Sep 2013 - 5:12am 8 comments
The new rules, unveiled by the OECD and debated by G20 finance ministers in July, would make it harder for companies to hide profits in tax havens and force them to pay tax in the countries where they make money.7 Sep 2013 - 4:37am
Barack Obama and Russian President Vladimir Putin failed yesterday to end their bitter dispute over US plans for military action in Syria, as half of the G20 called for a "strong" response to a chemical weapons attack blamed on the regime.7 Sep 2013 - 3:58am
The White House says a meeting between President Barack Obama and President Xi Jinping covered hot-button topics like Syria, North Korea and cybersecurity.
Obama and Xi met on Friday in St Petersburg. As the meeting started, Obama said there would continue to be disagreements, but tensions could be managed.6 Sep 2013 - 6:23pm
Japanese Prime Minister Shinzo Abe called for China and Japan to reset their frayed ties when he briefly met President Xi Jinping on the sidelines of the G20 summit.
But Beijing is likely to react coolly to Abe's entreaty, as it fears Tokyo may still emphasise tough rhetoric as it boosts its military capability, observers said.7 Sep 2013 - 3:47am 3 comments
China pressed for a political solution to the crisis in Syria yesterday, and warned that expanding the conflict could hurt global economic growth.6 Sep 2013 - 6:35am 2 comments
President Barack Obama and his Russian counterpart, Vladimir Putin, shook hands, smiled and made small talk about the scenery yesterday - a public exchange of pleasantries belying a tense relationship that only seems to be getting worse.6 Sep 2013 - 10:27am 1 comment
Emerging and developed G20 powers struggled to find common ground yesterday over the turmoil unleashed by the prospect of the United States reducing a flood of dollars to the world economy.6 Sep 2013 - 4:16am