LOS ANGELES: A federal judge blocked Donald Trump’s attempt to restrict birthright citizenship in the United States yesterday as liberal states scored their first victory against the new president’s hardline agenda. The ruling imposes a 14-day stay on the enforcement of one of the most controversial executive orders Trump signed […]
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The U.S. Securities and Exchange Commission (SEC) rescinded on Thursday accounting guidance long opposed by the cryptocurrency industry, an early move in President Donald Trump’s pivot away from the policies of the prior administration and a win for the crypto sector. In a notice posted on its website, the SEC […]
TOKYO: Japanese Prime Minister Shigeru Ishiba told United States President Joe Biden that “strong” concerns have been raised over his decision to block Nippon Steel’s takeover of US Steel, local media reported on Monday (Jan 14). Citing national security concerns, Biden put a stop to the US$14.9 billion sale and […]
LOS ANGELES: The death toll from massive wildfires that have ravaged Los Angeles rose to 24 yesterday, with officials warning of incoming dangerous winds that could whip the blazes up further. The fires continued to rip through the United States’ second-largest city for the sixth day, reducing whole communities to […]
WASHINGTON: US President Joe Biden spoke on Sunday (Jan 12) with Israeli Prime Minister Benjamin Netanyahu, the White House said, as US officials race to reach a Gaza hostage and ceasefire deal before Biden leaves office on Jan 20. Biden and Netanyahu discussed efforts underway to reach a deal to […]
Seoul: North Korean leader Kim Jong Un hailed Vladimir Putin as his “dearest friend” in a New Year’s letter to the Russian leader praising close bilateral ties, state media said today. The two countries have deepened political, military and cultural ties since Russia’s invasion of Ukraine in February 2022, with […]
TOKYO : The broad shift towards renewable energy in the U.S. will continue even under the incoming administration of Donald Trump, said the head of the Americas arm of Japan’s largest banking group, Mitsubishi UFJ Financial Group. President-elect Trump’s anti-renewables rhetoric has not prompted a change in strategy, MUFG Americas […]
TOKYO : Top Japanese finance officials said on Friday the government is “alarmed” by recent foreign exchange moves and is ready to intervene if speculative moves were deemed excessive, as the yen resumed its rapid downturn. Against the Japanese yen, the dollar rose to a top of 157.93 on Friday, […]
WASHINGTON: Elon Musk’s role in wrecking a bipartisan Congress deal to avert a US government shutdown has underlined his extraordinary influence over the Republican Party and the incoming administration of Donald Trump. In addition to his usual title of the world’s richest man, Democrats are now describing him as “President […]
WASHINGTON: The United States offered a US$10 million reward on Tuesday (Dec 10) for information leading to the arrest of a Chinese man and co-conspirators wanted for hacking computer firewalls. Guan Tianfeng, 30, is believed to be living in China’s Sichuan province, according to the US State Department. An indictment […]