Senior officials from the U.S. Treasury and other government departments have turned to otherwise confidential Federal Reserve accounts several times a year to analyze the asset holdings of the central banks of Russia, China, Iraq, Turkey, Yemen, Libya and others.
Business & Financial News, U.S & International Breaking News
UK's May strikes $1.3 billion deal for support from Northern Irish party
Prime Minister Theresa May struck a deal on Monday to prop up her minority government by agreeing to at least 1 billion pounds ($1.3 billion) in extra funding for Northern Ireland in return for the support of the province's biggest Protestant party.
Japanese airbag maker Takata files for bankruptcy, gets U.S. sponsor
Japan's Takata Corp , the firm at the center of the auto industry's biggest ever product recall, filed for bankruptcy protection in the United States and Japan, and said it would be bought for $1.6 billion by U.S.-based rival Key Safety Systems. In the biggest bankruptcy of a Japanese manufacturer, Takata faces tens of billions of dollars in costs and liabilities resulting from almost a decade of recalls and lawsuits. Its defective airbag inflators have been li
Trump, Modi seek rapport despite friction on trade, immigration
U.S. President Donald Trump and Indian Prime Minister Narendra Modi will hold their first face-to-face meeting in Washington on Monday, seeking to boost U.S.-Indian relations despite differences over trade, the Paris climate accord and immigration.
Chinese Nobel rights activist Liu Xiaobo released on medical parole
Chinese Nobel Peace Prize winning rights activist Liu Xiaobo has been released from prison on medical parole and is being treated in hospital for late-stage liver cancer, his lawyer said on Monday.
U.S. top court to rule on last cases as talk about Kennedy swirls
The U.S. Supreme Court is set to issue the final rulings of its current term on Monday, including one on religious rights, amid talk that swing voter Justice Anthony Kennedy is considering retirement.
Italy bank deal boosts Europe shares, dollar edges up
Shares rose in Europe on Monday, with Italian banks gaining after a deal to wind up two failed lenders, while the dollar and U.S. bond yields held close to recent lows as subdued inflation raised questions over the outlook for monetary policy.
Exp: Jun 17
Exp: Jun 17
Exp: Jul 17