US eases Russia oil sanctions Published 14 Mar, 2026 04:55am ANDOYA, NORWAY/ MOSCOW: The United States issued a 30-day waiver for countries to buy sanctioned Russian oil and...
US Treasury chief warns ‘excessive regulation’ can bring stagnation Published 04 Feb, 2026 08:37pm Bessent is appearing before the panel to discuss the Financial Stability Oversight Council's annual report
Rare earths: US to push for quicker action in reducing reliance on China Updated 12 Jan, 2026 09:34am WASHINGTON: US Treasury Secretary Scott Bessent will urge Group of Seven nations and others to step up their efforts...
Soybeans set for biggest monthly gain in nearly four years Published 02 Nov, 2025 03:10am CHICAGO: US soybean futures were on course for their biggest monthly gain in nearly four years on Friday following a...
US Treasury chief says needs to ‘examine’ Fed’s performance Published 21 Jul, 2025 06:36pm WASHINGTON: US Treasury Secretary Scott Bessent said Monday that the institution of the Federal Reserve – and...
US Treasury Secretary says trade talks with China ‘stalled’ Published 30 May, 2025 12:47pm WASHINGTON: US Treasury Secretary Scott Bessent said Thursday trade negotiations with China were “a bit stalled” and...
US Treasury Secretary Bessent says China tariffs are not sustainable as US signals willingness to de-escalate Published 24 Apr, 2025 08:03am WASHINGTON: US Treasury Secretary Scott Bessent said on Wednesday that high tariffs between the United States and...
US Treasury’s Bessent calls on IMF, World Bank to refocus on core missions Published 23 Apr, 2025 07:23pm WASHINGTON: US Treasury Secretary Scott Bessent on Wednesday called on the International Monetary Fund and World...
Scott Bessent wins Senate confirmation as US Treasury secretary Published 28 Jan, 2025 08:34am The U.S. Senate on Monday confirmed Scott Bessent to be President Donald Trump’s Treasury secretary, giving the...
US ‘will not accept’ flood of below-cost Chinese goods: Yellen Published 09 Apr, 2024 05:06am BEIJING: The United States “will not accept” a situation where underpriced Chinese goods flood the global ...
Yellen, Li express hope for US-China cooperation Published 08 Apr, 2024 04:46am BEIJING: US Treasury Secretary Janet Yellen and Chinese Premier Li Qiang sounded a hopeful tone on US-China...
US, China to start new talks on balanced growth, Yellen says Published 06 Apr, 2024 03:21pm GUANGZHOU: US Treasury Secretary Janet Yellen said on Saturday that she and Chinese Vice Premier He Lifeng agreed to...
China pushes back on Yellen’s excess capacity stance as meetings run long Published 06 Apr, 2024 10:57am GUANGZHOU: China pushed back on U.S. Treasury Secretary Janet Yellen’s call to rein in excess production capacity...
Yellen faces tough road Published 05 Apr, 2024 04:50am GUANGZHOU, (China): US Treasury Secretary Janet Yellen arrived in China’s southern factory hub of Guangzhou on...
Palestinian Authority: Yellen says Israel resuming revenue transfers Published 28 Feb, 2024 06:10am SAO PAULO: Israel has agreed to resume tax revenue transfers to the Palestinian Authority to fund basic services and...
Yellen plans to accelerate climate, financial market cooperation with China Published 14 Dec, 2023 10:51pm WASHINGTON: US Treasury Secretary Janet Yellen on Thursday mapped out her top priorities for managing US-Sino...
US inflation should return to 2% range in 2024: Yellen Published 13 Dec, 2023 10:16pm WASHINGTON: The United States is likely to see inflation return to the range of the Federal Reserve’s two percent...
APPEC: G7 oil price cap effective in cutting Russian revenue Published 04 Sep, 2023 03:14pm SINGAPORE: The Group of Seven’s price cap on Russian oil is still effective in limiting Russia’s revenue and oil...
Yellen to attend India G20 summit, focus on economy, climate, Ukraine: US Treasury Published 01 Sep, 2023 03:57am WASHINGTON: US Treasury Secretary Janet Yellen will travel to New Delhi to participate in the G20 leaders summit ...
Biden signs order to ban certain tech investments in China Published 10 Aug, 2023 04:24am NEW YORK: President Joe Biden on Wednesday signed an executive order that will narrowly prohibit certain US...
Biden spending freeze plan would save $1 trillion: Treasury Published 24 May, 2023 09:20pm WASHINGTON: President Joe Biden offered to freeze government spending at current levels during crunch debt talks...
Yellen expects US regulators to be open to mergers among midsize banks Published 13 May, 2023 10:00am NIIGATA: The current banking environment and pressures on earnings of some U.S. regional banks may lead to some...
Yellen hopeful of a solution to ‘more difficult’ debt ceiling showdown Published 13 May, 2023 09:47am NIIGATA: Treasury Secretary Janet Yellen on Saturday called the showdown over raising the U.S. debt ceiling “more...
Yellen: Still some uncertainty about when Treasury will run out of cash Published 12 May, 2023 01:51pm NIIGATA: Treasury Secretary Janet Yellen said there is still uncertainty about exactly when Treasury will run out of...
Yellen warns of ‘chaos’ if US fails to raise debt ceiling Updated 08 May, 2023 09:00am WASHINGTON: US Treasury Secretary Janet Yellen warned Sunday that unless Congress acts soon to raise the nation’s...
Yellen urges further World Bank reforms this year Published 17 Apr, 2023 06:41am WASHINGTON: The World Bank should take on added reform measures over the rest of this year, US Treasury Secretary...
Yellen urges further World Bank reforms this year Published 12 Apr, 2023 06:50pm WASHINGTON: The World Bank should take on added reform measures over the rest of this year, US Treasury Secretary...
Yellen downplays recession fears, expects US economy to grow Published 08 Apr, 2023 11:09am WASHINGTON: US Treasury Secretary Janet Yellen expects the world’s biggest economy will continue to grow, despite...
Yellen says US banking system sound despite turmoil Updated 17 Mar, 2023 09:15am WASHINGTON: The US banking system remains sound despite market anxiety over the collapse of Silicon Valley Bank ...
Yellen, G7 urge renewed aid for Ukraine Published 24 Feb, 2023 06:00am BENGALURU: US Treasury Secretary Janet Yellen stepped up calls on Thursday for increased financial support for...