Riyadh: US Treasury Secretary Steven Mnuchin held closed-door talks in Riyadh with Saudi Crown Prince Mohammed bin Salman. The official Saudi Press Agency said they stressed "the importance of the Saudi-US strategic partnership" in a meeting on the eve of a key investment conference in ...

Washington: The US budget deficit hit $779 billion in the fiscal year ending September 30, the highest since 2012 and $113 billion more than in the prior year, the Treasury announced Monday. The deficit is equivalent to 3.9 percent of GDP, up from 3.5 percent in the 2017 fiscal year, according to ...

Washington: US Treasury Secretary Steven Mnuchin warned China on Wednesday against engaging in competitive currency devaluations as the two countries wage a trade war, in comments published in the Financial Times. There are several factors behind the recent fall in the Chinese yuan, or renminbi ...

WASHINGTON (APP): The Trump administration will propose slashing corporate taxes to 15 percent, from the current maximum of 35 percent, US Treasury Secretary Steven Mnuchin said Wednesday."Since the 15 percent has been in the press for the last couple of days, I will confirm that the business tax ...

BEIRUT: (APP) Hezbollah Military Chief in Syria killed Lebanon's Hezbollah announced Friday that its top military commander had been killed in an attack in Syria where the Shiite militant group has deployed thousands of fighters backing the Damascus regime. Hezbollah said it was investigating the ...