U.S. President Joe Biden has rejected Republicans' demands for spending cuts in negotiations to avoid a U.S. debt default as "unacceptable." The Treasury Department is
The U.S. Treasury Department on Friday announced sanctions against Iran's Ministry of Intelligence and its minister for "cyber operations".(CGTN)
Brandon Lewis has resigned as secretary of Britain's Northern Ireland after Prime Minister Boris Johnson refused to step down from his position, Sky News reported Thurs
The U.S. Treasury Department announced sanctions against 22 individuals connected to Myanmar's military, including key military members, according to a statement on Friday. The statement added that i
U.S. sanctions, barring U.S. financial institutions from taking part in the primary market for ruble-denominated Russian sovereign bonds, among other things, took effec
The world’s richest countries signed a landmark global agreement Saturday to confront tax avoidance and make sure that giant tech companies pay their fair share, Britai
Photo taken on May 21, 2020 shows the U.S. Treasury Department building in Washington D.C., the United States. /Xinhua The U.S. Department of Treasury on Monday announced fresh sanctions again
U.S. Treasury Secretary Janet Yellen will not name China as a currency manipulator in her first semiannual foreign exchange report that is due to be released on Thursday, Bloomberg reported on Tuesda
The Biden administration said on Wednesday that 25 million more stimulus payments worth a total of $36 billion had been sent out to Americans from the $1.9 trillion pan
The U.S. national debt has surpassed $28 trillion for the first time, according to the U.S. Treasury Department.
02:52 The U.S. still hasn’t had a woman president. But Kamala Harris made history this year when she became America’s first female vice president.Some of the top cabinet positions in t
The U.S. has sanctioned two individuals linked to violence in a protest in Myanmar, the U.S. Treasury Department said on Monday.These sanctions were posed in response to the Myanmar security forces'
China-U.S. economic and trade relations are mutually beneficial in nature, Chinese Foreign Ministry spokesperson Hua Chunying said Friday at a press briefing.Her remark
The United States is in the process of evaluating its approach to China, but tariffs imposed on Chinese goods by the former Trump administration will remain in place for now, Treasury Secretary Janet
Chinesemultinational electronics company Xiaomi sued the U.S. Defense and Treasury departments, challenging a blacklisting that blocks American investors from buying the Chinese tech giant's securiti
Federal aid funds meant to help Americans cope with the economic effects of the global pandemic could go out next week. /Xinhua Federal aid funds meant to help Americans cope with the economic
The U.S. Treasury labeled Switzerland and Vietnam as "currency manipulators" on Wednesday.It claimed that through June 2020 both Switzerland and Vietnam had intervened in currency markets to prevent
U.S. President Joe Biden and House Speaker Kevin McCarthy failed to reach an agreement on the debt ceiling on Monday, U.S. media reported. Biden said their talks were "
The White House's newly proposed tax on cryptocurrency mining, which addresses the impact it has on energy and the environment, has sought to regulate the industry. How
The Sudanese Army and the Rapid Support Forces (RSF) on Monday agreed to a five-day extension of a ceasefire agreement they signed on May 20 after negotiations in the S
Uzbekistan plans to lift half of its impoverished population out of poverty by the end of 2026. Uzbek officials were keen to learn from China's experiences in poverty a
TikTok Inc. on Monday filed a lawsuit challenging the state of Montana's new ban on its app, the first state to bar the popular short-video sharing service.TikTok argue
A federal judge sentenced two Oath Keeper defendants Thursday for their roles in disrupting the certification of the 2020 election on Jan. 6, 2021.Edward Vallejo was se
The G7 summit starts on May 19 in Hiroshima, Japan. Recently, U.S. President Joe Biden announced that there would be investment curbs proposed to the G7 against China.
Montana Governor Greg Gianforte on Wednesday signed legislation to ban TikTok's operation in the state, making it the first U.S. state to ban the popular short video ap
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 | UN chief calls for '
A deal to raise the nation's debt ceiling is heading to a crucial vote in the House on Wednesday night, the next step in averting a potential default now just days away
The United Nations continues to engage with stakeholders on the export of ammonia from Russia despite the latest sabotage of the ammonia pipeline via Ukraine, said a UN
Democratic President Joe Biden and top congressional Republican Kevin McCarthy edged closer to a deal to avoid a looming U.S. debt default Tuesday, as the threat of an
A handful of hard-right Republican lawmakers said on Monday they would oppose a deal to raise the United States' $31.4 trillion debt ceiling, in a sign that the biparti
The G7 Summit has issued a joint statement and other documents, making claims about "economic coercion" that allude to China. According to a global opinion poll conduct
Chinese President Xi Jinping has called on the National Art Museum of China (NAMOC) to develop itself into an art venue that enjoys worldwide prestige.Xi, who is also g
Kenya's earnings from horticulture remained flat in the first quarter of 2023 despite an increase in the volume of produce exported as low prices in the global market h
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
Speaker Kevin McCarthy announced at a brief presser on Saturday night that House Republicans and the White House have reached a tentative deal to raise the federal gove