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  • World Street | OpenAI plans for-profit shift, Jeju Air shares plunge after crash, Trump challenges TikTok ban, and more

    From Donald Trump requesting a pause on the TikTok ban to US Treasury's debt woes, here's a look at some of the major developments from across the world.

  • US-China economy talks resume as Yellen urges maintaining links

    US-China economy talks resume as Yellen urges maintaining links

    Yellen and her Chinese counterparts established two working groups last year after her first visit to the Asian nation since assuming her current role.

  • US junks 200 years of economics to block China clean tech

    US junks 200 years of economics to block China clean tech

    The Treasury secretary is rejecting fundamental principles to justify a policy of restricting public access to affordable and clean technology. Her plan is a protectionist disaster that will impede the path to net zero

  • Janet Yellen's China trip: All you need to know

    Janet Yellen's China trip: All you need to know

    U.S. Treasury Secretary Janet Yellen warned on Monday that the United States would not accept new industries being decimated by subsidized Chinese imports in the same way that the U.S. steel sector was crushed a decade ago.

  • Janet Yellen says US-China relationship on 'more stable footing' but more can be done to improve ties

    Janet Yellen says US-China relationship on 'more stable footing' but more can be done to improve ties

    Janet Yellen addressed the US relationship with China on the subject of Russia

  • Janet Yellen says China is too big to export its way to rapid growth

    Janet Yellen says China is too big to export its way to rapid growth

    Yellen said in remarks to an American Chamber of Commerce during a visit to China that she understands that Beijing's direct and indirect government support for manufacturing is linked to domestic development objectives.

  • Yellen urging world leaders to 'unlock' frozen Russian Central Bank assets and send them to Ukraine

    Yellen urging world leaders to 'unlock' frozen Russian Central Bank assets and send them to Ukraine

    "It is necessary and urgent for our coalition to find a way to unlock the value of these immobilized assets to support Ukraine's continued resistance and long-term reconstruction," Yellen says in remarks prepared for delivery Tuesday in Sao Paulo, Brazil, where Group of 20 finance ministers and central bank governors are meeting this week.

  • Janet Yellen to visit China again in 2024, focusing on ‘difficult’ topics

    Janet Yellen to visit China again in 2024, focusing on ‘difficult’ topics

    “A significant portion of the agenda will focus on discussing difficult areas of concern with my counterpart,” Yellen said of her plans for a second trip to China as Treasury secretary. The remarks came in a speech Thursday evening in Washington to the US-China Business Council.

  • US Treasury chief Yellen, Chinese vice premier Lifeng to meet before APEC summit

    US Treasury chief Yellen, Chinese vice premier Lifeng to meet before APEC summit

    Yellen will host He for two days of bilateral meetings, at "a time of more intensive diplomacy" aimed at stabilizing ties and helping with progress on economic issues, the Treasury Department said in a statement.

  • US sanctions more foreign firms in a bid to choke off Russia's supplies for its war in Ukraine

    US sanctions more foreign firms in a bid to choke off Russia's supplies for its war in Ukraine

    The sanctions imposed by Treasury Department's Office of Foreign Assets Control target third-party firms and people alleged to assist Moscow in procuring equipment needed on the battlefield, including suppliers and shippers. In addition, the State Department imposed diplomatic sanctions targeting Russian energy production and it metals and mining sector.

  • Janet Yellen says she will press for IMF, World Bank resources at G20 summit

    Janet Yellen says she will press for IMF, World Bank resources at G20 summit

    Yellen said in prepared remarks at a news conference in New Delhi that she will seek to build G20 support for an "equi-proportional" increase in IMF quota funds paid-in by member countries, which would increase IMF lending resources, but not immediately change its shareholding structure.

  • US Treasury Secretary Yellen to travel to India to attend G20 Summit

    US Treasury Secretary Yellen to travel to India to attend G20 Summit

    During her India visit, the Department of Treasury said, Yellen will focus on strengthening the global economy and supporting low and middle-income countries by advancing multilateral development bank (MDB) evolution, debt restructuring, and the IMF's Poverty Reduction and Growth Trust (PRGT).

  • News Updates Highlights: Countdown for Aditya-L1 launch at 11:50 IST begins

    News Updates Highlights: Countdown for Aditya-L1 launch at 11:50 IST begins

    News Updates Highlights: The PSLV-C57 will launch Aditya-L1, India's first solar space observatory.

  • US credit downgrade 'entirely unwarranted': Treasury Secretary Janet Yellen

    US credit downgrade 'entirely unwarranted': Treasury Secretary Janet Yellen

    But Yellen told an event in Virginia on Wednesday that "Fitch's decision is puzzling in light of the economic strength we see in the United States."

  • How ‘Friendshoring’ is deepening India-US ties | Janet Yellen on India’s role in the World

    How ‘Friendshoring’ is deepening India-US ties | Janet Yellen on India’s role in the World

    The United States Treasury secretary, Janet Yellen on Sunday said that Washington sees India as “an indispensable partner” in its friendshoring approach to strengthen the resilience of its supply chains. What is ‘Friendshoring’ that Yellen talks about, and how it is deepening the India-US ties? Watch to know more!

  • FM Nirmala Sitharaman, US Treasury Secretary Janet Yellen speak at G20 finance meet | LIVE

    FM Nirmala Sitharaman, US Treasury Secretary Janet Yellen speak at G20 finance meet | LIVE

    Watch FM Nirmala Sitharaman and US Treasury Secretary Janet Yellen Speak At G20 Finance Meet

  • G20: US to help India lower energy transition cost through new investment platform

    G20: US to help India lower energy transition cost through new investment platform

    According to Treasury Secretary Janet Yellen, bilateral trade between India and US – which hit an all-time high last year – will grow further in the coming years

  • G20: Need better, not just bigger, multilateral development banks, says Janet Yellen

    G20: Need better, not just bigger, multilateral development banks, says Janet Yellen

    The US Treasury Secretary's comments come as the G20 discusses the first volume of the report by the expert group led by Larry Summers and NK Singh on reforming multilateral development banks.

  • China and the U.S., still adversaries, are talking. That’s a Start.

    China and the U.S., still adversaries, are talking. That’s a Start.

    Treasury Secretary Janet Yellen, after 10 hours of meetings with Chinese officials, said the two sides would pursue “more frequent communication” despite their deep differences.

  • Yellen’s China trip offers economic guardrails in tense rivalry

    Yellen’s China trip offers economic guardrails in tense rivalry

    US Treasury Secretary Janet Yellen struck a positive but pragmatic tone during a press conference capping a four-day visit to Beijing.

  • China and the US, still adversaries, are talking. That’s a start.

    China and the US, still adversaries, are talking. That’s a start.

    The US-China relationship is enormously consequential. Their economies, the world’s two largest, together represent 40% of global output and remain integral partners in many ways.

  • In Pics: Yellen criticises China’s ‘punitive’ actions against US firms, urges market reforms

    In Pics: Yellen criticises China’s ‘punitive’ actions against US firms, urges market reforms

    Yellen, who arrived in Beijing on July 6 said the moves underscored the need for "resilient" and diverse supply chains, and warned that the United States and its allies will fight back against what she called China's "unfair economic practices.

  • Janet Yellen says 'impossible' to decouple China, US economies

    Janet Yellen says 'impossible' to decouple China, US economies

    Yellen's four-day trip is her first to China as Treasury chief, and she is the second high-ranking US official to visit recently after Secretary of State Antony Blinken last month.

  • Janet Yellen to discuss US-China ties, global economic outlook in Beijing

    Janet Yellen to discuss US-China ties, global economic outlook in Beijing

    Yellen's four-day trip is her first to China as Treasury chief, and she is the second high-ranking US official to visit the country after Secretary of State Antony Blinken last month.

  • Janet Yellen in China as US seeks to stabilise ties

    Janet Yellen in China as US seeks to stabilise ties

    Janet Yellen's trip through Sunday is her first to China as treasury secretary, and comes just weeks after Secretary of State Antony Blinken paid a rare visit to the country.

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