Showing 1 - 10 of 208
Global debt dominates G20 finance talks
AFP, Published on 17/07/2023
» GANDHINAGAR, India: G20 finance ministers and central bank chiefs opened talks Monday on debt restructuring deals, multilateral bank reform and finance to tackle climate change, as they aim to bolster a sagging global economy.
Saudi Arabia slashes output further to boost oil price
AFP, Published on 05/06/2023
» VIENNA - Riyadh on Sunday announced a fresh oil output cut following a meeting of major producers aiming to prop up prices despite fears of a recession.
Taiwan, US to sign trade deal
AFP, Published on 01/06/2023
» TAIPEI: The United States and Taiwan will sign a trade deal on Thursday, Taipei said, in a move likely to stoke tensions between Beijing and Washington over the island.
Deal averting US default clears first hurdle
AFP, Published on 31/05/2023
» WASHINGTON: A deal to raise the US debt ceiling passed its first major test in Congress on Tuesday, surviving a crucial procedural vote amid a conservative backlash that resurrected the threat of the country's first-ever default.
US warned debt standoff could hit credit rating
AFP, Published on 25/05/2023
» WASHINGTON: Ratings agency Fitch put the United States on notice Wednesday that its perfect credit rating could be jeopardised if the White House and Republican opposition fail to overcome their impasse on raising the nation's borrowing limit, a week before a key deadline.
G7 to agree tools to counter Chinese economic 'coercion'
AFP, Published on 20/05/2023
» The Group of Seven (G7) will agree Saturday on a "common set of tools" to combat economic "coercion" and limit the risk that high-tech exports to China undermine national security, a top United States official said.
Fresh rout of US regional banks despite First Republic deal
AFP, Published on 03/05/2023
» NEW YORK: Shares of United States regional banks suffered deep losses on Wall Street Tuesday, dashing hopes that the resolution of First Republic's woes would end the crisis.
Oil market surges on shock output cuts
AFP, Published on 03/04/2023
» LONDON - World oil prices soared Monday after several top producers led by Saudi Arabia sprang surprise output cuts despite already angering the United States with a similar move last year.
UK claims post-Brexit win with trans-Pacific trade pact membership
AFP, Published on 31/03/2023
» LONDON: The UK will join 11 other countries in a major Asia-Pacific trade partnership, Prime Minister Rishi Sunak announced Friday, in the country's biggest post-Brexit trade deal following nearly two years of talks.
US and Korea seek extradition of crypto fugitive
AFP, Published on 29/03/2023
» PODGORICA, Montenegro: The United States and South Korea have sought the extradition from Montenegro of fugitive cryptocurrency entrepreneur Do Kwon, the country's minister of justice said on Wednesday, just days after he was arrested in the Balkan nation.