Yellen says US banking system sound despite turmoil WASHINGTON: The US banking system remains sound despite market anxiety over the collapse of Silicon Valley Bank ... Updated 17 Mar, 2023 09:15am
World Yellen, G7 urge renewed aid for Ukraine BENGALURU: US Treasury Secretary Janet Yellen stepped up calls on Thursday for increased financial support for... Published 24 Feb, 2023 06:00am
World Yellen says she discussed Russia sanctions in every stop on Africa tour EMALAHLENI: US Treasury Secretary Janet Yellen said she had discussed economic sanctions on Russia over its invasion... Published 27 Jan, 2023 06:12pm
Markets Yellen says Russian oil price cap could save African countries $6bn annually DAKAR: Russia’s war against Ukraine is hitting Africans particularly hard by exacerbating food insecurity and... Published 23 Jan, 2023 08:13am
World Yellen, at former slave port, sees path of renewal for Africa and US GOREE ISLAND: US Treasury Secretary Janet Yellen on Saturday spoke of the “unspeakable cruelty” and enduring... Published 21 Jan, 2023 04:03pm
Business & Finance Yellen says a US default could cause global financial crisis DAKAR/WASHINGTON: US Treasury Secretary Janet Yellen said on Friday that a potential US default could cause a global... Published 21 Jan, 2023 06:41am
Markets Yellen says Russian oil price cap could save African countries $6bn annually DAKAR: Russia’s war against Ukraine is hitting Africans particularly hard by exacerbating food insecurity and... Published 20 Jan, 2023 06:47pm
Business & Finance US hits debt ceiling amid standoff between Republicans, Democrats WASHINGTON: The US government hit its $31.4 trillion borrowing limit on Thursday, amid a standoff between the... Published 20 Jan, 2023 06:10am
World US starts ‘extraordinary measures’ to avert debt default: Treasury WASHINGTON: The US Treasury began taking measures Thursday to prevent a default on government debt, as Congress... Published 19 Jan, 2023 08:40pm
World Yellen planning trip to China soon: US ZURICH: US Treasury Secretary Janet Yellen, who held her first face-to-face meeting with her Chinese counterpart... Published 19 Jan, 2023 07:07am
World US Treasury’s Yellen, China’s Liu to meet in Zurich for first in-person talks ZURICH: US Treasury Secretary Janet Yellen will meet Chinese Vice Premier Liu He in Zurich on Wednesday for frank... Published 18 Jan, 2023 11:25am
Opinion Non-austerity policy needed for resilient, inclusive, sustainable growth The world is fast entering deep recesses of environmental, public health, and economic crises. Virtually, over the... Published 02 Dec, 2022 05:47am
Markets Markets sigh with relief after Powell speech, but more turbulence likely ahead A rally in US stocks and bonds powered ahead after a speech by Federal Reserve Chairman Jerome Powell on Wednesday,... Published 01 Dec, 2022 11:20am
Business & Finance Yellen says crypto-currencies need regulation NEW YORK: US Treasury Secretary Janet Yellen on Wednesday said recent turmoil in the cryptocurrency market has not... Published 01 Dec, 2022 07:06am
Business & Finance Yellen seeks stability in first meeting with China NUSA DUA: US Treasury Secretary Janet Yellen on Wednesday sought to stabilise ties between the world’s two largest... Published 16 Nov, 2022 12:42pm
World Yellen believes sanctions on Russia could extend beyond Ukraine war’s end NEW YORK: US Treasury Secretary Janet Yellen said some sanctions on Russia could remain in place even after any... Published 14 Nov, 2022 07:15am
Markets Yellen to seek clarity from China on COVID, property NUSA DUA: US Treasury Secretary Janet Yellen will seek clarity on China’s plans to ease its COVID-19 restrictions... Published 13 Nov, 2022 11:38am
Print India’s IPEF membership will boost region: Yellen NOIDA, (India): India’s membership in the Indo-Pacific Economic Framework (IPEF) will make supply chains resilient... Updated 12 Nov, 2022 09:35am
World Yellen calls on G20 to boost aid for food insecurity, offers debt freeze WASHINGTON: U.S. Treasury Secretary Janet Yellen urged Group of 20 finance and agriculture ministers on Tuesday to... Published 11 Oct, 2022 05:55pm
Business & Finance Revamp of World Bank, lenders needed to tackle global problems: Yellen WASHINGTON: The World Bank and development lenders need to evolve to tackle the complex challenges that the world is... Published 07 Oct, 2022 05:59am
World US criticises China’s ‘unconventional’ debt practices WASHINGTON: A top adviser to US Treasury Secretary Janet Yellen will warn on Tuesday that China’s foot-dragging on... Published 21 Sep, 2022 05:57am
Print Yellen ‘optimistic’ on deal to set price cap on Russian oil WASHINGTON: US Treasury Secretary Janet Yellen said Wednesday she was “optimistic” about the possibility of an... Published 02 Sep, 2022 06:00am
Print Fed set for another big rate hike with economy on knife’s edge Central bankers make it clear that they are willing to risk recession Updated 25 Jul, 2022 09:33am
World US economy is slowing, but recession not inevitable, Yellen says WASHINGTON: US Treasury Secretary Janet Yellen said on Sunday that US economic growth is slowing and acknowledged... Published 24 Jul, 2022 09:36pm
Print G20 finance chiefs resolved on food security NUSA DUA, (Indonesia): The Group of 20 major economies’ finance chiefs on Saturday pledged to address global food... Published 17 Jul, 2022 05:19am
Print US, Japan agree to tackle currency, economic impact of Ukraine war Both sides say war raised exchange rate volatility, which could adversely affect economic and financial stability Published 13 Jul, 2022 05:48am
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
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