US, China to hold more financial shock exercises, Treasury officials say BEIJING: The US and China are deepening cooperation on financial stability issues, US Treasury officials said, with... Published 08 Apr, 2024 01:27pm
World US, China need 'tough' conversations, Yellen tells Chinese Premier Li BEIJING: US Treasury Secretary Janet Yellen told Chinese Premier Li Qiang on Sunday that the ability to have... Updated 07 Apr, 2024 03:11pm
World Janet Yellen launches contentious meetings on Chinese excess production threat GUANGZHOU: US Treasury Secretary Janet Yellen on Friday launched four days of talks with senior Chinese officials... Published 05 Apr, 2024 10:00am
World Janet Yellen to press China on ‘unfair’ trade practices during visit WASHINGTON: US Treasury Secretary Janet Yellen leaves Wednesday for China, for the second time in less than a year... Published 03 Apr, 2024 11:40am
Markets Gold prices set for third weekly gain as Middle East war looms Gold prices were poised for a third consecutive weekly gain on Friday as the Middle East conflict kept investors... Published 27 Oct, 2023 11:41am
World 'Premature' to predict hit from US auto strike: Yellen WASHINGTON: US Treasury Secretary Janet Yellen said Monday it is too early to gauge the economic impact from an... Published 18 Sep, 2023 10:39pm
World Yellen to work with India at G20 Summit to aid successful communique crafting NEW DELHI: US Treasury Secretary Janet Yellen said on Friday the United States was willing to work with India to... Published 08 Sep, 2023 11:16am
Markets US wants ‘friend-shoring’ to include new economies: Yellen HANOI: The United States wants to include emerging economies such as Vietnam in efforts to strengthen and diversify... Published 21 Jul, 2023 11:11am
Markets Audit fails to win US backing for release of Afghan central bank funds WASHINGTON/ISLAMABAD: A US-funded audit of Afghanistan’s Taliban-run central bank has failed to win Washington’s... Published 21 Jul, 2023 09:56am
Markets World Bank chief Banga unveils new plans to boost lending ‘firepower’ World Bank President Ajay Banga unveiled new plans on Tuesday to stretch the bank’s balance sheet and help countries... Published 18 Jul, 2023 10:11am
World Yellen says Ukraine aid best boost for global economy GANDHINAGAR: Redoubling support for war-stricken Ukraine is the “single best” way to aid the global economy, US... Updated 16 Jul, 2023 01:50pm
World G7 finance chiefs to discuss Ukraine aid, debt and tax GANDHINAGAR: G7 finance chiefs are set to discuss Sunday aid to war-stricken Ukraine, debt distress faced by... Published 16 Jul, 2023 11:15am
World Wang tells Blinken to ‘work with China’ on improving US ties BEIJING: Beijing’s top diplomat Wang Yi has urged Washington to “work with China” to improve ties during a meeting... Published 14 Jul, 2023 12:22pm
Markets World Bank, IMF spring meetings to get underway in complex economic environment WASHINGTON: The World Bank and International Monetary Fund’s spring meetings get underway later this week with an... Published 10 Apr, 2023 11:02am
World Yellen chairs closed US Financial Stability Oversight Council meeting WASHINGTON: U.S. Treasury Secretary Janet Yellen will chair a closed meeting of the Financial Stability Oversight... Published 24 Mar, 2023 08:19pm
Markets Yellen tries to assuage investor fears as bank stocks slide US Treasury Secretary Janet Yellen sought to reassure jittery investors that American bank deposits were safe and... Published 24 Mar, 2023 10:04am
Markets Dollar slips as Fed outlook shifts SINGAPORE: The dollar was under pressure near seven-week lows on Thursday as US bond yields fell sharply after the... Published 23 Mar, 2023 11:00am
Markets Japan’s Nikkei jumps nearly 2% as bank fears ease; Rakuten surges TOKYO: Japan’s financial stocks joined a global rally on Wednesday to help lift the Nikkei share average by 1.9%,... Updated 22 Mar, 2023 12:50pm
World Yellen warns US House members of 'economic collapse' from default WASHINGTON: US Treasury Secretary Janet Yellen urged members of the US House of Representatives on Friday to raise... Published 11 Mar, 2023 01:00am
Markets World Bank chief David Malpass to step down early WASHINGTON: World Bank chief David Malpass announced Wednesday he would step down nearly a year early, ending a... Published 16 Feb, 2023 09:48am
World Yellen says counties should use COVID funds for housing, job training WASHINGTON: US Treasury Secretary Janet Yellen on Tuesday called on counties, cities and states to focus their... Published 14 Feb, 2023 11:42pm
Markets Yellen says ‘good policy’ for EU to match US green plan with own subsidies SPRING HILL: US Treasury Secretary Janet Yellen on Wednesday encouraged the idea of green subsidies by the European... Published 09 Feb, 2023 11:39am
World US Treasury activates another maneuver to avoid breaching debt limit WASHINGTON: US Treasury Secretary Janet Yellen activated another extraordinary cash management measure on Tuesday to... Published 24 Jan, 2023 11:01pm
Business & Finance US inflation will be much lower by end of 2023: Yellen US Treasury Secretary Janet Yellen on Sunday forecast a substantial reduction in US inflation in 2023, barring an... Published 12 Dec, 2022 10:25am
Markets US currency to bear signatures of two women for first time FORT WORTH: Most people don’t have to worry if their signature is sloppy – but if it’s your name on the US dollar... Published 09 Dec, 2022 11:59am
Markets IMF strategy chief heads to China, to focus on speeding up debt treatments WASHINGTON: International Monetary Fund strategy chief Ceyla Pazarbasioglu said she will travel to China next week... Published 01 Dec, 2022 12:24pm
Markets Yellen to travel to India, G20 summit as forum struggles with Ukraine war WASHINGTON: US Treasury Secretary Janet Yellen will travel to India and the Group of 20 Summit in Indonesia next... Published 04 Nov, 2022 02:16pm
Markets South Korea, US agree to implement liquidity measures if needed SEOUL: The United States and South Korea agreed on Saturday to implement liquidity facilities to stabilise financial... Published 01 Oct, 2022 11:51am
Business & Finance Yellen says more opportunities for women will boost economic potential of US, South Korea SEOUL: Boosting women’s participation in the workforce and giving them more leadership opportunities would boost the... Published 19 Jul, 2022 10:46am
Markets Yellen says US wants to end dependence on China for rare earths SEOUL: The United States wants to eliminate its “undue dependence” on rare earths, solar panels and other key goods... Updated 18 Jul, 2022 03:28pm