Asia

China’s Woes Won’t Slow US Economy, but Excess Capacity a Concern – Treasury Official

U.S. Deputy Treasury Secretary Wally Adeyemo said on Friday that China faces a number of economic challenges, including the property sector and an aging...

Trump’s New York Fraud Verdict Balloons to $454 Million With Interest

The judge who hit Donald Trump with a $355 million verdict in New York’s civil fraud suit against him said the former president owes...

China’s woes won’t slow US economy, but excess capacity a concern, says Treasury’s Adeyemo

By David Lawder(Reuters) -U.S. Deputy Treasury Secretary Wally Adeyemo said on Friday that he is concerned about China's excess manufacturing capacity spilling over to...

Shanghai stock index reclaims 3,000 mark in recovery rally

SHANGHAI -- China's benchmark Shanghai Composite Index gained for an eighth straight session Friday to surpass the psychologically important 3,000 mark, after a round...

US Places Export Restrictions on 93 Entities From Russia, China, UAE, Turkey, Others

WASHINGTON (Reuters) - The Biden administration has imposed new trade restrictions on 93 entities from Russia, China, Turkey, the United Arab Emirates, Kyrgyzstan, India...

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