President Joe Biden has signed an executive order providing the US Treasury Department the authority to sanction financial institutions facilitating Russia's efforts to strengthen its military capabilities.
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Oil Prices Surge After US, Britain Strike Back at Houthi Rebels in Yemen
Oil prices jumped 2% on Friday as the United States (US) and Britain launched air and sea strikes in Yemen against the Houthi militants.
Healthy US-China Ties No Longer Optional But 'Imperative,' Chinese Foreign Minister Says
Chinese Foreign Minister Wang Yi has emphasized the importance of establishing a correct understanding and cooperation between the United States (US) and China, saying that it is "no longer an option but an imperative" for the world.
Nvidia to Launch a New Slower Gaming Chip in China to Comply With US Export Controls
US semiconductor giant Nvidia plans to introduce a slower version of its gaming processor in China to comply with US export restrictions.
Russia Warns Japan, South Korea Over Moves to Help Ukraine as US Unveils New Military Aid Package for Kyiv
Russia has expressed anger over Japan's move to help Ukraine and South Korea's economic sanctions against Moscow.
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China and Russia have vowed ever closer economic ties despite disapproval from the West that promised to support Ukraine in its war with Russia.
A newly declassified US intelligence report revealed that China escalated its interference efforts in the 2022 US midterm elections because Beijing believed that President Joe Biden's administration would not retaliate.
In a historic move, the US Nuclear Regulatory Commission (NRC) has given California startup Kairos Power a construction permit for its Hermes demonstration reactor that departed from traditional nuclear reactor cooling method.
The US and China risk a "new Cold War" as economic and trade conflicts escalate, according to an IMF official.
The Biden administration is facing heightened scrutiny for supplying tank shells to Israel without obtaining congressional approval.
The United States (US) has issued long-awaited guidance that will limit China's role in electric vehicles (EVs).
JPMorgan Chase CEO Jamie Dimon said Wednesday that the bank would leave China if directed by the US government.
President Joe Biden has criticized corporations for maintaining high consumer prices despite a slowdown in the rate of inflation.
Amid the escalating trade tensions between the United States and China, the impact of the US chip export ban is reportedly taking a toll on Chinese artificial intelligence (AI) startups.
