Japan finance Minister highlights from comments to reporters in Bali
Japan finance minister Aso is on the wires saying:
- government carefully watching financial markets moves, including forex
- stock markets falling sharply globally, Forex volatility seen but no change to view global economy on firm note
- told G20 must be vigilant to increasing capital outflows from emerging economies, some risks to global economy materializing
- protectionism benefits no country, trade imbalances must be dealt with in multilateral, not bilateral manner
- held bilateral meeting with US Treasury Secretary Mnuchin, discussed various themes on global economy
