Russia recorded a budget deficit of more than 3 trillion roubles for the third year running in 2024, the finance ministry ...

WASHINGTON - President Donald Trump said on Thursday that the "Golden Age" of America had begun and that it was "back and open for business" while addressing business and political leaders gathered at ...

Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...

WASHINGTON: President-elect Donald Trump's pick for Treasury secretary, Scott Bessent, said on Thursday (Jan 16) that the ...

U.S. President-elect Donald Trump's nominee for Treasury secretary said on Thursday that the dollar should continue to be the ...

The head of Russia's $23 billion sovereign wealth fund praised U.S. President Donald Trump on Tuesday, saying his raft of ...

Russia could run out of liquid reserves as soon as this fall, one European economist has said. The nation's liquid reserves have dwindled to $31 billion, down from $117 billion in 2021. Limited ...

The West has frozen $300 billion of Moscow’s assets, but Europe has stood in the way of using them.

Global markets mostly retreated on Monday after traders trimmed bets on US Federal Reserve rate cuts and oil extended a rally ...

Mr Scott Bessent is a hedge fund manager and founder of Key Square Capital Management. Read more at straitstimes.com.