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Coming in the final days of the Trump presidency, the back and forth at the NYSE underscored the lack of clarity about, and the tensions around, the implementation and implications of the administration’s ban on investment.(AP file photo)

NYSE may make second U-turn on China telecom delistings amid confusion over policy

New York/Washington/Hong Kong | By Reuters | Posted by Deepali Sharma
PUBLISHED ON JAN 06, 2021 03:21 PM IST
The are also questions about how the order will be handled by President-elect Joe Biden who is set to take office on Jan 20 and could revoke it easily.
FILE - In this Monday, June 1, 2020 file photo, President Donald Trump holds a Bible during a visit outside St. John's Church across Lafayette Park from the White House in Washington. (AP Photo/Patrick Semansky)
FILE - In this Monday, June 1, 2020 file photo, President Donald Trump holds a Bible during a visit outside St. John's Church across Lafayette Park from the White House in Washington. (AP Photo/Patrick Semansky)

Donald Trump administration bolsters order barring US investment in Chinese firms

Washington | By Reuters | Posted by Deepali Sharma
UPDATED ON DEC 29, 2020 08:32 AM IST
Specifically, some media outlets reported that Treasury was seeking to exclude Chinese companies’ subsidiaries from the scope of the White House directive.
In his inaugural address at an annual conclave of the presiding officers of Parliament and various state legislatures, President Ram Nath Kovind made a series of significant points — which may appear cliched, but are central to the functioning of any democracy(Vipin Kumar/HT PHOTO)
In his inaugural address at an annual conclave of the presiding officers of Parliament and various state legislatures, President Ram Nath Kovind made a series of significant points — which may appear cliched, but are central to the functioning of any democracy(Vipin Kumar/HT PHOTO)

The President’s message

UPDATED ON NOV 25, 2020 08:18 PM IST
Ram Nath Kovind has words of advice to both parties and presiding officers
Rishi Sunak will announce 4.3 billion pounds ($5.7 billion) of new funding to help the unemployed back into work(REUTERS)
Rishi Sunak will announce 4.3 billion pounds ($5.7 billion) of new funding to help the unemployed back into work(REUTERS)

Rishi Sunak to pledge $5.7 billion to help UK unemployed find work

By Bloomberg | Posted by Ayshee Bhaduri
UPDATED ON NOV 25, 2020 07:21 AM IST
The Chancellor of the Exchequer will lay out the plan in his spending review on Wednesday, the Treasury said. It includes a 2.9 billion-pound, three-year program to help one million unemployed people find new roles, and 1.4 billion pounds to increase the capacity of job centers
Australian shares rose at the open. Futures edged up in Hong Kong. Japan is closed for a holiday and Treasuries won’t trade until London opens. S&P 500 Index futures headed higher. Earlier, the benchmark climbed after plunging 5.6% last week.(AP Photo)
Australian shares rose at the open. Futures edged up in Hong Kong. Japan is closed for a holiday and Treasuries won’t trade until London opens. S&P 500 Index futures headed higher. Earlier, the benchmark climbed after plunging 5.6% last week.(AP Photo)

Asia stocks head for muted open; oil rises ahead of US election

By Bloomberg | Posted by Prashasti Singh
UPDATED ON NOV 03, 2020 05:51 AM IST
The tech-heavy Nasdaq 100 lagged behind, weighted down by Apple Inc. and Amazon.com Inc. as investors rotated from so-called work-from-home stocks and into sectors that would benefit from more stimulus. Treasury yields dropped and the dollar touched a one-month high.
Data published on Friday are likely to fuel the view that while the government has been criticized in other areas of its handling of the pandemic, the economic measures have been more positively received. (Representational Image)(Unsplash)
Data published on Friday are likely to fuel the view that while the government has been criticized in other areas of its handling of the pandemic, the economic measures have been more positively received. (Representational Image)(Unsplash)

Eat Out To Help Out: Britons dine out on $700 million of Treasury program amid pandemic

By Bloomberg | Posted by Saumya Sharma
UPDATED ON SEP 04, 2020 11:21 AM IST
More than 522 million pounds ($692 million) was claimed by 84,700 establishments under Chancellor of the Exchequer Rishi Sunak’s Eat Out to Help Out initiative to boost a sector struggling in the Covid-19 pandemic.
US imposed human rights sanctions on four Chinese individuals.(Reuters image)
US imposed human rights sanctions on four Chinese individuals.(Reuters image)

US slaps sanctions on four Chinese individuals, including Xinjiang Communist Party head

Washington | By Reuters | Posted by Prashasti Singh
UPDATED ON JUL 09, 2020 10:53 PM IST
The Treasury did not specify why the sanctions were imposed.
As an example of the shortfalls, the carrier will fly fewer people during all of next month than on a single day in May 2019.(Unsplash)
As an example of the shortfalls, the carrier will fly fewer people during all of next month than on a single day in May 2019.(Unsplash)

United Air braces for ‘essentially zero’ travel demand after aid

By Bloomberg
UPDATED ON APR 16, 2020 11:31 AM IST
United Airlines Holdings Inc. is warning employees of bleak times and potential long-term payroll cuts despite billions of dollars in U.S. taxpayer assistance, as the outlook for travel demand remains depressed into next year.
Women and children hold placards during a silent protest against the CAA and the NRC, Shaheen Bagh, New Delhi, February 11(PTI)
Women and children hold placards during a silent protest against the CAA and the NRC, Shaheen Bagh, New Delhi, February 11(PTI)

Stand up against anarchy masquerading as activism | Opinion

By Vinay Sahasrabuddhe
PUBLISHED ON MAR 08, 2020 06:20 PM IST
By opposing CAA, which was passed in Parliament, the Opposition has sown seeds of paranoia among citizens
The Delhi violence was among the most disturbing episodes in recent years in India. Parliament is the ideal forum to discuss such issues, for they go to the heart of the flaws in India’s governance systems and social relations(Raj K Raj/HT PHOTO)
The Delhi violence was among the most disturbing episodes in recent years in India. Parliament is the ideal forum to discuss such issues, for they go to the heart of the flaws in India’s governance systems and social relations(Raj K Raj/HT PHOTO)

Discuss Delhi in Parliament

Hindustan Times | By HT Correspondent
PUBLISHED ON MAR 04, 2020 08:36 PM IST
The government should agree to a debate immediately
Donald Trump confident of China trade deal.(Reuters)
Donald Trump confident of China trade deal.(Reuters)

Trump says trade deal with China to be signed ‘very shortly’

West Palm Beach | By Reuters
PUBLISHED ON DEC 23, 2019 01:44 AM IST
The Phase One deal was announced earlier this month as part of a bid to end the months-long tit-for-tat trade war between the world’s two largest economies, which has roiled markets and hit global growth.
FILE - In this Friday, Nov. 11, 2011, file photo, businessman Yevgeny Prigozhin, left, serves food to Russian Prime Minister Vladimir Putin, center, during dinner at Prigozhin's restaurant outside Moscow, Russia. The U.S. sought to punish Russia on Monday, Sept. 30, 2019, for interfering with the November 2018 election by placing the yacht and private planes of a Russian financier, Yevgeny Prigozhin, on an international sanctions list along with employees of the Internet Research Agency that he has funded to spread false information on social media.(AP)
FILE - In this Friday, Nov. 11, 2011, file photo, businessman Yevgeny Prigozhin, left, serves food to Russian Prime Minister Vladimir Putin, center, during dinner at Prigozhin's restaurant outside Moscow, Russia. The U.S. sought to punish Russia on Monday, Sept. 30, 2019, for interfering with the November 2018 election by placing the yacht and private planes of a Russian financier, Yevgeny Prigozhin, on an international sanctions list along with employees of the Internet Research Agency that he has funded to spread false information on social media.(AP)

US slaps sanctions on businessman linked to Putin over 2018 election interference

Washington | By Agence France-Presse
UPDATED ON OCT 01, 2019 06:32 AM IST
Russian financier Yevgeny Prigozhin and some of his assets and the so-called Internet Research Agency, are first to be taken under an executive order seeking to punish foreign actors accused of interfering in US elections.
The president has averaged roughly 10 tweets a day since the start of 2016, with 10,000 tweets occurring after his inauguration in 2017.(REUTERS)
The president has averaged roughly 10 tweets a day since the start of 2016, with 10,000 tweets occurring after his inauguration in 2017.(REUTERS)

JPMorgan creates ‘Volfefe’ Index to track Trump tweet impact

Bloomberg | By Tracy Alloway
UPDATED ON SEP 09, 2019 06:48 PM IST
The ‘Volfefe Index’, named after Trump’s mysterious ‘covfefe’ tweet, suggests that the president’s tweets are having a statistically significant impact on Treasury yields.
Facebook claims that Libra coins will be “fully backed” by a set of “reserve” assets. (Bloomberg File)
Facebook claims that Libra coins will be “fully backed” by a set of “reserve” assets. (Bloomberg File)

Facebook’s Libra is an attempt to mask a promise as a token | Opinion

By Anush Kapadia
UPDATED ON AUG 22, 2019 04:25 PM IST
The business of issuing promissory notes that function as money is called banking. Libra is a banking venture dressed up in cryptography
A young boy, face painted with national flag is seen during Singapore's 54th National Day Parade in Singapore. The Monetary Authority of Singapore is likely to ease policy when it reviews its stance in October, economists say.(REUTERS)
A young boy, face painted with national flag is seen during Singapore's 54th National Day Parade in Singapore. The Monetary Authority of Singapore is likely to ease policy when it reviews its stance in October, economists say.(REUTERS)

Opinion | Singapore just gave a verdict on who’s winning the trade war

Bloomberg Opinion | By Daniel Moss
UPDATED ON AUG 13, 2019 11:29 AM IST
The U.S. and China are fighting a trade-bordering-on-currency war, the domestic economies of both giants are cooling, Germany is flirting with recession, yields on 10-year Treasury notes are tumbling.
Compared with when the Fed previously cut rates more than a decade ago, the economy is now solid by most measures, if not spectacular.(Photo: Bloomberg)
Compared with when the Fed previously cut rates more than a decade ago, the economy is now solid by most measures, if not spectacular.(Photo: Bloomberg)

Federal Reserve cuts key rate for first time in more than a decade

Washington | By Associated Press
UPDATED ON JUN 08, 2020 01:08 AM IST
In addition to its rate cut, the Fed also announced that it would stop shrinking its enormous bond portfolio in August, two months earlier than planned. This step is intended to avoid putting upward pressure on long-term borrowing rates.
Conservative MP Priti Patel (L) talks with Stanley Johnson (R), father of Conservative MP Boris Johnson, at an event to announce the winner of the Conservative Party leadership contest in central London.(AFP)
Conservative MP Priti Patel (L) talks with Stanley Johnson (R), father of Conservative MP Boris Johnson, at an event to announce the winner of the Conservative Party leadership contest in central London.(AFP)

5 facts about Priti Patel, Britain’s new interior minister

London | By Reuters
PUBLISHED ON JUL 25, 2019 02:58 PM IST
Priti Patel is a fervent Brexiteer and argued for lower taxes. She is also fighting for a post-Brexit immigration system which would help ease shortage of Indian chefs in UK.
In this file photo taken on September 11, 2005, A model gets false eyelashes applied backstage at the Diesel Spring 2006 fashion show during Olympus Fashion Week at Hammerstein Ballroom in New York City.(AFP)
In this file photo taken on September 11, 2005, A model gets false eyelashes applied backstage at the Diesel Spring 2006 fashion show during Olympus Fashion Week at Hammerstein Ballroom in New York City.(AFP)

Fake eyelashes from N.Korea cost US cosmetics firm $1 million fine

Los Angeles | By Agence France-Presse
UPDATED ON FEB 02, 2019 08:00 AM IST
California firm E.L.F. cosmetics has agreed to pay a nearly $1 million fine for importing fake eyelashes containing materials from UN-sanctioned North Korea, the US Treasury Department announced.
Aditya Bamzai has been nominated for Member of the Privacy and Civil Liberties Oversight Board.(Aditya Bamzai)
Aditya Bamzai has been nominated for Member of the Privacy and Civil Liberties Oversight Board.(Aditya Bamzai)

Donald Trump nominates 3 Indian Americans to key administration post

Washington | By Press Trust of India
UPDATED ON JAN 17, 2019 08:52 AM IST
Rita Baranwal has been nominated for the post of assistant secretary of Energy (Nuclear Energy), Aditya Bamzai for Member of the Privacy and Civil Liberties Oversight Board and Bimal Patel as the assistant secretary of Treasury.
In this Jan. 8, 2019, photo, President Donald Trump speaks from the Oval Office of the White House as he gives a prime-time address about border security in Washington. (Carlos Barria/Pool Photo via AP)(AP)
In this Jan. 8, 2019, photo, President Donald Trump speaks from the Oval Office of the White House as he gives a prime-time address about border security in Washington. (Carlos Barria/Pool Photo via AP)(AP)

Defying Trump, US Senate advances measure critical of easing Russia sanctions

Washington | By Reuters
PUBLISHED ON JAN 16, 2019 08:43 AM IST
The result marked a rare break from President Donald Trump. Eleven of Trump’s fellow Republicans joined Democrats to vote 57-42 in favour of a motion to proceed to the resolution of disapproval.
The US House of Representatives, where Democrats now hold a majority, approved legislation on Thursday to end a partial government shutdown t(AP)
The US House of Representatives, where Democrats now hold a majority, approved legislation on Thursday to end a partial government shutdown t(AP)

US House passes bills that would end government shutdown, without wall funds

Agence France-Presse | By Reuters
UPDATED ON JAN 04, 2019 08:40 AM IST
Under the bills, the departments of State, Commerce, Agriculture, Labor, Treasury and other agencies would be funded through Sept. 30, the end of the current fiscal year.
AIADMK MPs staging a protest demonstration demanding to stop construction of Dam at Megadatu across Cauvery River in Parliament house in New Delhi on Wednesday.(Sonu Mehta/ HT Photo)
AIADMK MPs staging a protest demonstration demanding to stop construction of Dam at Megadatu across Cauvery River in Parliament house in New Delhi on Wednesday.(Sonu Mehta/ HT Photo)

Uproar over Rafale, dam on Cauvery disrupts Parliament for sixth consecutive day

Press Trust of India | By Press Trust of India
PUBLISHED ON DEC 19, 2018 11:45 PM IST
While the Rajya Sabha was adjourned for the day soon after it met at 11.00 AM, the Lok Sabha saw repeated adjournments, but managed to pass the Surrogacy (Regulation) Bill amid the din.
There is some concern in the government that the books of banks have deteriorated under the RBI’s watch, and that the blame for this is being passed on without adequate accountability(Hindustan Times)
There is some concern in the government that the books of banks have deteriorated under the RBI’s watch, and that the blame for this is being passed on without adequate accountability(Hindustan Times)

The RBI can do better than this on the autonomy front

By Shishir Gupta
UPDATED ON OCT 31, 2018 12:01 PM IST
Instead of excluding the central government and players in the financial sector in a quixotic show of independence, it should work with them
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