U.S. Federal Reserve Chair Janet Yellen said on Thursday that a strong labor market and rising imported prices could support the inflation to go up, while the central bank would pay close attention to inflation developments.
U.S. Federal Reserve chairwoman Janet Yellen said on Wednesday that most of her colleagues see it appropriate to raise interest rate this year if the economy continues on current path.
The U.S. Federal Reserve kept interest rates unchanged on Wednesday and signaled it still planned to raise rates twice in 2016, though it said slower economic growth would crimp the pace of monetary policy tightening in future years.
Prime Minister Lee Hsien Loong met separately with US Federal Reserve Chair Janet Yellen and Trade Representative Michael Froman in Washington, DC on Thursday, ahead of the Nuclear Security Summit.
The U.S. Federal Reserve on Thursday kept its benchmark interest rate unchanged, saying the rising uncertainty abroad and low inflation were the key reasons behind the decision.
Risks to financial stability are moderated and not elevated at this point although the equity market valuations appeared "quite high" and some investors may be taking risks in pursuing high yields, Federal Reserve chair Janet Yellen said on Wednesday.
U.S. Federal Reserve Chair Janet Yellen on Tuesday reiterated that the central bank would continue to implement the current easy monetary policy and should be cautious over raising interest rates, as the U.S economy recovery remains incomplete.
Theranos founder Elizabeth Holmes will begin serving her prison sentence on May 30 for defrauding investors in the failed blood-testing startup once valued at $9 billio
Iranian Supreme Leader Ali Khamenei said on Saturday the expansion of cooperation between Iran and Iraq and the implementation of previously signed bilateral agreements
Author: Prof. Engr. Zamir Ahmed Awan, Founding Chair GSRRA, Sinologist (ex-Diplomat), Editor, Analyst, and Non-Resident Fellow of CCG (Center for China and Globalizatio
Energy ministers from nine European Union (EU) countries agreed on Thursday to turn the Mediterranean region into a green energy hub.At their meeting in Valletta, the c
Sen. Dianne Feinstein returned to her seat on the Senate Judiciary Committee on Thursday, aiding in advancing President Joe Biden's stalled judicial nominees as questio
China's Ministry of Culture and Tourism announced on Wednesday that a total of 274 million domestic trips were made nationwide during the Labor Day holiday in 2023, a y
The United Nations will stay in Afghanistan to deliver aid to millions of desperate Afghans despite the Taliban's restrictions on its female staff, but funding is dryin
A senior Chinese diplomat on Wednesday called for efforts to strive for a comprehensive cease-fire so as to create a favorable environment for the political process in
China's market-guiding body made up of officials from the central bank on Friday stressed the importance of curbing extreme exchange rate fluctuations of the yuan, afte
President Tayyip Erdogan led in the first round of Türkiye's most pivotal election in decades on Monday, but failed to secure the 50 percent threshold needed to avoid a
Every weekend, Asia Pacific Daily will provide you with a run-down of the latest hot news.This week, the following hot news you should know:Top 1 | Chinese foreign mini
Military expenditure in Europe has seen its sharpest year-on-year rise in at least 30 years due to the conflict between Russia and Ukraine, according to a report recent
Ya Ya, a female giant panda who has been at the Memphis Zoo for 20 years, left the the U.S. state of Tennessee on April 26 local time and will arrive Shanghai, China on
China's development is a growing force for peace and an increasing factor of global stability, Wang Yi, director of the Office of the Foreign Affairs Commission of the
China's reusable experimental spacecraft landed safely on Monday after 276 days in orbit.The spacecraft was launched from the Jiuquan Satellite Launch Center in northwe
U.S. President Joe Biden said on Tuesday he will seek a second White House term in 2024, a decision that will test whether Americans are ready to give the 80-year-old D
Türkiye is heading toward a likely runoff presidential election as neither candidate looks set to surpass the 50-percent threshold of the votes needed to win outright,
A pioneering researcher and the so-called "Godfather of AI" Geoffrey Hinton said he quit Google to speak freely about the technology's dangers, after realizing computer
Hundreds of Japanese citizens took to the streets in the Japanese city of Hiroshima over the weekend to protest against the upcoming Group of Seven (G7) summit.Protests