OECD delivers new global standard to target tax cheats

The OECD on Sunday delivered a new global standard to crack down on tax evasion with more than 40 countries already committing to measures which the European Commission called "a big step" forward.

G20 host Australia urges central banks to avoid 'surprises'

Sydney (AFP) - Australia on Saturday called for better advance notice of policy changes by central banks to avoid shockwaves for emerging economies, at a meeting of G20 finance ministers where rifts over US monetary policy loomed large.