Markets look to G20 meeting for solutions

Tokyo

GREAT expectations hang in the air during this week's two-day meeting of the Group of Twenty (G20) finance ministers and central bank governors in Shanghai, as financial markets continue to look for initiatives that will restore a semblance of order and stability to currencies and stock markets.

Japan's finance minister Taro Aso said on Tuesday, just before his departure for Shanghai: "We want to consider ways to firmly respond to the global economic situation, which has been the factor behind market fluctuations."