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US TREASURY SECRETARY
Global Market: China, Hong Kong stocks rise as investors await Trump-Xi meetingChina and Hong Kong stocks rose on Monday led by technology, healthcare, and property shares. Investors parsed high-level talks between US ...
US seeks 'AI dialogue' with China as officials set stage for Trump-Xi summitUS and Chinese officials met to discuss creating an AI communication channel. This meeting sets the stage for a summit between Presidents T...
US proposes AI incident alert system in talks with China, says Scott BessentThe United States has proposed a new AI incident notification mechanism. This proposal aims to enhance transparency between the two leading...
Global Market Today: Asian stocks edge higher, oil extends lossesMSCI’s Asia Pacific equities gauge advanced 0.2% with Japan shut for a public holiday. S&P 500 futures rose 0.3% after the underlying gauge...
US, China open final trade talks in New York to keep tariff truce alive ahead of Trump-Xi summitUS Treasury Secretary Scott Bessent and China's Vice Premier He Lifeng will meet Sunday in New York. They will discuss trade and other pres...
US, China to hold final tariff talks ahead of expected Xi-Trump summitTop US and Chinese negotiators will meet in Washington for final preparatory talks. Discussions will focus on economic and trade issues, in...
Xi's coming to America: US won't announce new tariffs until leaders meet next weekUS and Chinese negotiators are set to meet over the weekend to discuss any agreements ahead of Xi's state visit. The trip would be Xi's fir...
How Bessent, America's bond salesman, cornered Japan on big spendingIn a significant dialogue, US Treasury Secretary Bessent encouraged Japan to implement reforms in its fiscal and monetary policies. Aiming ...
Global Market: China, Hong Kong shares rise as tech stocks gain ahead of Fed decisionChinese and Hong Kong equities rose on Wednesday, led by technology stocks as investors awaited the US Federal Reserve’s interest-rate deci...
Dalal Street faces a double whammy of Fed rate hike, soaring bond yields. Are Sensex and Nifty heading for a bigger crash?Dalal Street faces pressure from rising US bond yields and expectations of a Federal Reserve rate hike, raising concerns over equity valuat...
Global Market: Japan’s Nikkei flat as investors await Fed, BOJ decisionsJapan’s Nikkei was largely flat on Wednesday as investors stayed cautious ahead of interest-rate decisions from the US Federal Reserve and ...
Global Market Today: Asian stocks steady as traders await Fed decisionMSCI’s Asian equities index advanced 0.1%. Contracts for Wall Street gauges also nudged up in early trading as OpenAI weighed a new funding...
US Treasury secretary Scott Bessent says rising bond yields due to 'global issues'US Treasury Secretary Scott Bessent emphasized global challenges as the backdrop for increasing bond yields during his comments to reporter...
US Market: Rising US debt, inflation keep pressure on long-term Treasury yieldsUS Treasury yields rose as investors remained concerned about rising government debt, persistent inflation and higher borrowing costs. A la...
Bessent dares traders to bet against Yen: ‘I am the house now’In a provocative statement, Treasury Secretary Scott Bessent has urged traders to reassess their approach to the Japanese yen, indicating t...
Scott Bessent: Can use US balance sheet for foreign policyUS Treasury Secretary Scott Bessent elaborated on leveraging financial mechanisms to achieve foreign policy objectives. He argued that this...
US sanctions all remaining Iranian airlines in 'economic D-Day' push, says Tehran's aviation sector is out of the marketThe United States has sanctioned all remaining Iranian airlines and supporting companies. These actions target thirty-six entities for aidi...