US Treasury announces additional $1.7bn aid to Ukraine WASHINGTON: The United States Treasury announced Tuesday it will send an additional $1.7 billion in economic aid to... Published 12 Jul, 2022 08:51pm
World Yellen cancels part of trip to Japan after Abe assassination WASHINGTON: U.S. Treasury Secretary Janet Yellen has canceled her visit to the Port of Yokohama during her travel to... Published 09 Jul, 2022 08:19pm
World US to press bid for Russia oil price cap at G20: Treasury officials WASHINGTON: US Treasury Secretary Janet Yellen will continue to press the case among her G20 counterparts for a... Published 08 Jul, 2022 02:37pm
Business & Finance US, China discuss ‘severe’ economic challenges, supply chains BEIJING: Top officials from the United States and China held a “candid” video call on Tuesday to discuss global... Published 06 Jul, 2022 07:31am
Print WB creates fund to better prevent, respond to pandemics WASHINGTON: The World Bank’s board on Thursday approved creation of a fund meant to finance investments in... Published 02 Jul, 2022 04:10am
World Yellen to visit South Korea, discuss sanctions on North WASHINGTON/SEOUL: US Treasury Secretary Janet Yellen will visit South Korea next month for talks on rising... Published 25 Jun, 2022 09:52am
Markets Yellen says US in talks with allies to cap Russian oil price OTTAWA: The United States is in talks with allies to further restrict Russia’s oil revenues by capping the price ... Published 22 Jun, 2022 08:22am
Markets HSFO cash, bunker differentials weaken amid steady inflows SINGAPORE: The high sulphur fuel oil (HSFO) market in Asia remained under downward pressure on Tuesday as steady... Published 22 Jun, 2022 05:58am
World White House says concerned about recession but US economy strong WASHINGTON: The American economy remains strong, but a White House economist acknowledged Tuesday that President Joe... Published 21 Jun, 2022 10:59pm
Business & Finance C$ edges off 19-month low TORONTO: The Canadian dollar strengthened against its US counterpart on Monday as the recent selloff in... Published 21 Jun, 2022 05:51am
Print Some Trump era China tariffs serve ‘no strategic purpose’: Yellen WASHINGTON: US Treasury Secretary Janet Yellen said on Sunday some tariffs on China inherited from the... Updated 20 Jun, 2022 09:55am
World Some Trump era China tariffs serve ‘no strategic purpose’, Yellen says WASHINGTON: U.S. Treasury Secretary Janet Yellen said on Sunday some tariffs on China inherited from the... Published 19 Jun, 2022 09:11pm
Business & Finance ‘Nothing to suggest’ US will have a recession: Yellen NEW YORK: The United States is unlikely to suffer an economic downturn, despite sky-high inflation, US Treasury... Published 11 Jun, 2022 06:13am
Business & Finance US looking to reconfigure China tariffs in ‘coming weeks’: Yellen WASHINGTON: The United States is considering lifting some of the punitive Trump-era tariffs imposed on China in an... Published 09 Jun, 2022 08:16am
World US looking to reconfigure China tariffs in ‘coming weeks’: Yellen WASHINGTON: The United States is considering lifting some of the punitive Trump-era tariffs imposed on China in an... Published 08 Jun, 2022 10:06pm
Markets Oil steady as economic worries offset tightening of supplies NEW YORK: Oil prices were steady in a seesaw session on Tuesday as worries about economic growth offset supply... Published 08 Jun, 2022 06:19am
World US faces ‘unacceptable levels of inflation,’ Yellen tells senators WASHINGTON: The United States faces “unacceptable levels of inflation” and an appropriate budgetary stance is needed... Published 07 Jun, 2022 07:19pm
Markets Asian markets rise as Biden ‘considers’ lifting China tariffs HONG KONG: Asian stocks rose Monday after US President Joe Biden said he was considering lifting some Trump-era ... Published 24 May, 2022 05:35am
World Yellen says G7 to give Ukraine funds it needs ‘to get through this’ KOENIGSWINTER: U.S. Treasury Secretary Janet Yellen said the G7 finance leaders on Thursday agreed to provide... Published 20 May, 2022 12:53am
World G7 finance ministers to thrash out Ukraine aid plan KÖNIGSWINTER: G7 partners meet Thursday hoping to find a solution for Kyiv’s budget troubles as the fallout from... Published 19 May, 2022 11:50am
Business & Finance US ‘likely’ to scrap Russia debt payment exemption: Yellen KÖNIGSWINTER, (Germany): The United States will likely end an exemption allowing Moscow to pay its foreign debts... Published 19 May, 2022 06:34am
World US ‘likely’ to scrap Russia debt payment exemption: Yellen KÖNIGSWINTER: The United States will likely end an exemption allowing Moscow to pay its foreign debts with dollars... Published 18 May, 2022 09:44pm
Markets Treasury's Yellen says US committed to market-determined exchange rate BONN: US Treasury Secretary Janet Yellen said on Wednesday the United States was committed to a market-determined... Published 18 May, 2022 08:13pm
Business & Finance Yellen and trade czar Tai at odds over China tariffs WASHINGTON: President Joe Biden will have to resolve a heated internal debate among his aides over whether to cut... Published 18 May, 2022 06:59am
World Yellen to meet Polish prime minister at start of trip to G7 finance meeting WASHINGTON: U.S. Treasury Secretary Janet Yellen will meet with Polish Prime Minister Mateusz Morawiecki on Monday... Published 13 May, 2022 11:08pm
Business & Finance Plunging value of dollar-linked cryptocurrency sparks panic PARIS: A cryptocurrency whose value is supposed to be pegged to the dollar has lost half its value this week,... Published 12 May, 2022 05:40am
World US Treasury’s Yellen calls for better automatic stabilizers to fight recessions WASHINGTON: US Treasury Secretary Janet Yellen on Thursday called for a modernization of the US unemployment... Published 28 Apr, 2022 07:56pm
World Yellen says lowering US tariffs on Chinese goods ‘worth considering’ WASHINGTON: US Treasury Secretary Janet Yellen on Friday said it was worth considering taking steps to lower US... Published 22 Apr, 2022 09:46pm
Print Yellen, Bailey, others walk out of G20 meeting as Russians speak WASHINGTON/LONDON: Top finance officials from Britain, the United States and Canada walked out of Wednesday’s... Published 21 Apr, 2022 05:26am
World Treasury’s Yellen, ECB’s Lagarde express disapproval to Russian official at G20 meeting WASHINGTON: U.S. Treasury Secretary Janet Yellen and European Central Bank President Christine Lagarde expressed... Published 20 Apr, 2022 10:03pm