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Tag Archives: U.S.

Russia calls U.S. move to better arm Syrian rebels a ‘hostile act’

Russia said on Tuesday that a U.S. decision to ease restrictions on arming Syrian rebels had opened the way for deliveries of shoulder-fired anti-aircraft missiles, a move it said would directly threaten Russian forces in Syria. Moscow last year launched a campaign of air strikes in Syria to help President …

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Asia follows Wall Street higher, upbeat U.S. data lifts dollar vs yen

Asia stocks followed Wall Street higher on Wednesday, while the dollar firmed against the yen following the release of upbeat U.S. economic data overnight. Crude oil prices held large gains on expectations of supply tightening once oil-producing nations implement a scheduled output cut. MSCI’s broadest index of Asia-Pacific shares outside …

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Stocks could suffer as Trump trade policy takes shape

The year-end stocks rally on the heels of the election of Donald Trump as U.S. president was built on expectations of reduced regulations, big tax cuts and a large fiscal stimulus. Now signs are emerging from the Trump camp that harsher trade policies that could jeopardize the honeymoon are likely …

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U.S. sues Barclays, ex-executives for mortgage securities fraud

The U.S. Department of Justice on Thursday sued Barclays Plc (BARC.L) and two former executives on civil charges of fraud in the sale of mortgage-backed securities during the run-up to the 2008-09 financial crisis. The lawsuit was filed after Barclays resisted a penalty the U.S. government had sought in settlement …

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Yahoo email scan shows U.S. spy push to recast constitutional privacy

Yahoo Inc’s secret scanning of customer emails at the behest of a U.S. spy agency is part of a growing push by officials to loosen constitutional protections Americans have against arbitrary governmental searches, according to legal documents and people briefed on closed court hearings. The order on Yahoo from the …

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Exclusive: U.S. proposed $5 billion – 7 billion penalty on Credit Suisse on toxic debt – source

The U.S. Department of JusticeĀ has asked Credit Suisse to pay between $5 billion and $7 billion to settle a probe over its sale of toxic mortgage securities in the run-up to the 2008 financial crisis, a source with knowledge of the matter said, but the bank has resisted settling for …

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China to return seized U.S. drone, says Washington ‘hyping up’ incident

China will return an underwater U.S. drone seized by a naval vessel this week in the South China Sea, both countries said on Saturday, but Beijing complained that Washington had been “hyping up” the incident. U.S. President-elect Donald Trump, who has vowed to take an aggressive approach in dealing with …

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U.S. intelligence agencies feud with Republicans over Russian hacking

Republican members of Congress are complaining that U.S. intelligence agencies are refusing to brief them widely on a classified CIA report that concluded Russia hacked Democratic Party data in an effort to help Donald Trump win the presidency. The Republicans said Director of National Intelligence James Clapper has refused their …

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Obama points finger at Putin for hacks during U.S. election

President Barack Obama on Friday strongly suggested that Russian President Vladimir Putin personally authorized the computer hacks of Democratic Party emails that American intelligence officials say were aimed at helping Republican Donald Trump win the Nov. 8 election. But with only a month left in office, during a somber press …

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