The following are comments on Monday from finance officials in Istanbul for the Group of Seven, IMF and World Bank meetings.
Stock futures pointed to a higher start on Monday to snap a four-day losing streak. The futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq Composite were up 0.5-0.6 percent at 4.22 a.m. ET.
Hong Kong stocks erased earlier
losses to close up 0.26 percent on Monday, as investors hunted
for bargains after shares fell to three-week lows, but concerns
about the state of the U.S. economy capped gains.
U.S. stock index futures pointed to a higher start on Monday to snap a four-day losing streak. The futures for the Dow Jones industrial average DJc1, the S&P 500 SPc1 and the Nasdaq Composite NDc1 were up 0.5-0.6 percent at 0822 GMT.
Southeast Asia's largest developer CapitaLand will list 20-30 percent of its shopping mall arm in a Singapore initial public offering that sources said could raise at least $1 billion.
LONDON A U.S.-led consortium has entered the race to buy Volvo from Ford , the Financial Times reported, in a challenge to China's Geely Automotive , which confirmed its interest in the money-losing Swedish carmaker last month.
Global finance chiefs made little headway on Sunday in overcoming long-standing disagreements over how much power rich nations should cede to major developing countries at the International Monetary Fund.
A powerful typhoon moved out to sea on Sunday after thrashing the remote northeastern Philippines and killing 17 people and may remain there for days, bringing more rain and possible landslides, officials said.
North Korea's leader Kim Jong-il made a rare appearance to greet visiting Chinese Premier Wen Jiabao, starting a trip that swiftly drew a statement from the North that it was willing to discuss its nuclear weapons.
U.N. experts will inspect Iran's newly disclosed uranium enrichment plant on October 25, the IAEA nuclear agency chief said on Sunday, praising a shift from conspiracy to cooperation in Tehran's dealings with the West.
Fierce disagreement over how much power rich nations should cede to developing countries clouded talks between global finance chiefs on expanding the role of the International Monetary Fund.
The leading emerging BRIC nations maintain their demand for a 7 percent shift in voting power to developing countries at the International Monetary Fund, Brazil's Finance Minister Guido Mantega said on Saturday.
The Group of Seven rich nations urged China on Saturday to strengthen the yuan, but gave no sign of how it might overcome Chinese resistance to that suggestion or resolve other tensions over global currency rates.
The Group of Seven rich nations urged China on Saturday to strengthen the yuan, but gave no sign of how it might overcome Chinese resistance to that suggestion or resolve other tensions over global currency rates.
Financial officials of the Group of Seven rich nations, which dominated global policymaking for decades, were set Saturday to discuss a diminished future for their group as it grappled with tensions over currency rates.
A powerful typhoon slammed into the northeastern Philippines on Saturday, killing four people, tearing roofs off houses and uprooting trees, but damage and flooding was much less than expected.
The Group of 24 nations on Saturday called for a significant shift in IMF voting power to developing nations and a doubling of members' quotas to raise more resources for the global financial institution.
Rio de Janeiro's successful bid to host the Olympics in 2016 crowns Brazil's remarkable rise over the past decade from a near basket case to an economic and diplomatic heavyweight.
The Group of Seven rich nations is expected to issue its customary call for stable exchange rates on Saturday, but do nothing more specific to address concern a weak dollar could hurt European exports.
The International Monetary Fund and the World Bank warned on Friday that the global economic recovery might falter as complacent policymakers lost their will to cooperate.
President Barack Obama is unlikely to sign climate legislation ahead of a December U.N. global warming meeting in Copenhagen, the White House's top climate and energy coordinator Carol Browner said on Friday.
First Solar Inc's shares surged nearly 5 percent on Friday, buoyed by news the U.S. solar power company will join the flagship S&P 500 stock index and after it landed a buyer for a 20-megawatt solar power project in Canada.
