1 week ago US senator demands answers to Trump’s TikTok divestiture plan

A Democratic senator on Monday asked US President Donald Trump to answer key details about a plan by TikTok’s Chinese owners to sell a majority stake in the short video app’s US assets. Trump signed an executive order on September 25 declaring that a plan to sell TikTok’s US operations to a consortium of US and global investors meets the national security requirements set out in a 2024 law and gave them 120 days to complete the transaction. In doing so, he delayed enforcement of the law banning...

Politics

3 w. ago From rail to nuclear power, China taps private capital to fund major projects

China has unveiled new measures designed to channel private capital into traditionally state-funded infrastructure projects, as Beijing steps up efforts to reduce investment restrictions and bolster the private economy. The 13-point document released on Monday by China’s cabinet, the State Council, includes measures to encourage private investment in major projects in a range of sectors – from power generation to transport. Any project in areas including rail, nuclear power, hydropower, oil and...

Events

3 w. ago China prepares plan to restrict US military from its rare earths

China prepares plan to restrict US military from its rare earths- WSJ  Investing.com

Events

3 w. ago End to US government shutdown in sight as Senate passes funding bill

The longest-ever US government shutdown moved forward on Monday toward an eventual resolution, after several Democratic senators broke ranks to join Republicans in a 60-40 vote passing a compromise deal - sparking intraparty backlash. Since October 1, the first day of the shutdown, more than a million federal workers have been unpaid, while government benefits and services have been increasingly disrupted. Severe impacts on air traffic have begun to mount in recent days, with more than 1,000...

Politics

3 w. ago End to US shutdown in sight as Senate passes deal, sending it to House

The longest-ever US government shutdown moved toward an eventual resolution on Monday, after several Democratic senators broke ranks to join Republicans in a 60-40 vote passing a compromise deal - sparking intraparty backlash. Since October 1, the first day of the shutdown, more than a million federal workers have been unpaid, while government benefits and services have been increasingly disrupted. Severe impacts on air traffic have begun to mount in recent days, with more than 1,000 flights...

Events

3 w. ago US shutdown may be nearing end as Senate Democrats support funding deal

The record-breaking US government shutdown is nearing an end after a group of moderate Senate Democrats agreed to support a deal to reopen the government and fund some departments and agencies for the next year, people familiar with the talks said. Under the agreement, Congress would pass full-year funding for the departments of Agriculture, Veterans Affairs and Congress itself, while funding other agencies through January 30. The bill would provide pay for furloughed government workers, resume...

Politics

3 w. ago US shutdown may be near end as some Senate Democrats support funding deal

The record-breaking US government shutdown is nearing an end after a group of moderate Senate Democrats agreed to support a deal to reopen the government and fund some departments and agencies for the next year, people familiar with the talks said. Under the agreement, Congress would pass full-year funding for the departments of Agriculture, Veterans Affairs and Congress itself, while funding other agencies through January 30. The bill would provide pay for furloughed government workers, resume...

Politics

4 w. ago Senate Democrats question Treasury’s Bessent on implementation of restricting investments in China

Senate Democrats question Treasury’s Bessent on implementation of restricting investments in China  Pensions & Investments

Politics