Washington

Trump says China trade deal still on after adviser's remarks

US ‘close to finalizing’ parts of trade deal with China: USTR

1:10 am October 26, 2019

Washington: Washington and Beijing are making “headway” on key issues in their ongoing trade dispute and discussions will continue, the US Trade Representative’s office said Friday following a phone call between senior officials. President Donald Trump heralded a major win in his offensive against China two weeks ago, saying the economic powers were close to […]

India tightens regulatory grip on Facebook, WhatsApp with new rules

Facebook begins rollout of ‘News Tab’ in US

8:00 pm October 25, 2019

Washington: Facebook on Friday began rolling out its dedicated “News Tab” with professionally produced content, the latest move by the social network to promote journalism and shed its reputation as a platform for misinformation. The news section will be separate from user’s normal feeds and include articles from partner news organisations, with Facebook relying on […]

US ‘concerned’ as Pakistan activist says father detained

7:58 pm October 25, 2019

Washington: Washington has said it was “concerned” by reports that the father of a Pakistani activist who fled the country has himself been detained, the latest incident to fuel fears of a clampdown on dissent. Alice Wells, assistant secretary of state for South and Central Asia, tweeted her concern late Thursday over “reports of the […]

Trump again attacks Fed, says central bank ‘derelict in its duties’

8:53 pm October 24, 2019

Washington: President Donald Trump once again attacked the US Federal Reserve on Thursday, calling for more interest rate cuts to stimulate the American economy. “The Federal Reserve is derelict in its duties if it doesn’t lower the Rate and even, ideally, stimulate,” he said on Twitter, a relatively mild epithet after calling policymakers “boneheads” and […]

India jumps 14 spots to rank 63rd on World Bank’s ease of doing business list

7:48 pm October 24, 2019

Washington: India has jumped 14 places to take the 63rd position on the World Bank’s ease of doing business ranking released on Thursday, figuring among the top 10 performers on the list for the third time in a row mainly due to the successful implementation of the Insolvency and Bankruptcy Code. The country was 77th […]