Tag Archives: US

The United States updated sanctions on Myanmar on Wednesday to maintain a ban on importing rubies and jade amid a relaxation of curbs on U.S. trade with the Southeast Asian nation, American officials said. President Barack Obama’s executive order continues a gradual lifting of sanctions since the military government that had run the country also known as Burma for five decades stepped …

WASHINGTON – The United States on Friday approved Japan’s entry into negotiations on the Trans-Pacific Partnership, a critical step for Tokyo’s inclusion in a regional trade pact that underpins the Obama administration’s efforts to boost exports to Asia. Acting U.S. Trade Representative Demetrios Marantis said in a statement that the U.S. and Japan have agreed on robust actions in the …

(Reuters) – After years of grabbing the spotlight in U.S.-China economic relations, U.S. concerns over the value of Beijing’s currency appear to be fading, giving ground to newer issues like cyber-security and trade secret theft. Some lawmakers continue to argue a weak Chinese yuan is robbing jobs from the United States. But action to force a change is unlikely and the …

Asian and European banks registered as US swap dealers this week, joining Wall Street rivals in complying with new rules that aim to shed light on the opaque US$650 trillion derivatives market. Deutsche Bank, Commerzbank, Societe Generale, BNP Paribas and Nomura were among the swap dealers listed in the registry of the National Futures Association (NFA), a US regulator. But …

SINGAPORE — How do you stump up the money for a $22 billion aircraft deal? The answer in the case of Indonesia’s Lion Air, which finalized a record order with Boeing this week, is typical of many mega-aircraft deals: with a little help from the taxpayer. The U.S. government is offering loan guarantees to help the low-cost carrier buy 230 …