United States

Singapore Invests $15 Billion in Cutting-Edge F-35A Jets

Singapore plans to acquire eight Lockheed Martin Corp. F-35A fighter planes for its defense, accelerating the country's procurement of advanced military aircraft amid tensions in the region.

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Shein Is Eyeing London IPO Due to Challenges of Listing in the US

Shein is reportedly looking into switching its initial public offering (IPO) from New York to London due to possible issues with a listing in the United States.

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US Allows China to Increase Weekly Passenger Flights to 50 Ahead of Summer Travel Season

The United States Department of Transportation (USDOT) said Monday that Chinese passenger airlines would be permitted to increase their weekly round-trip US flights to 50.

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US Judge Approves Binance $4.3 Billion Guilty Plea as Prosecutors Seek Changes to Founder Changpeng Zhao's Bond

A US judge approved the $4.3 billion penalty for Binance on Friday.

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Biden Administration to Impose New Sanctions on Iran for Its Arms Sales That Bolster Russia's Defense Against Ukraine

The Biden administration is reportedly preparing to announce new sanctions on Iran in retaliation for its arms sales that have fortified Russia's defenses amid war with Ukraine.

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New Drug to Prevent Severe Food Allergies Gets FDA Approval

New Drug to Prevent Severe Food Allergies Gets FDA Approval

The US Food and Drug Administration (FDA) has approved a new drug called Xolair that could be life-changing for those with severe food allergies.

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US Is Considering Slapping Sanctions on Chinese Companies Helping Russia Fuel Its War in Ukraine

US Is Considering Slapping Sanctions on Chinese Companies Helping Russia Fuel Its War in Ukraine

The United States (US) is reportedly considering imposing sanctions on Chinese companies suspected of helping Russia in its war in Ukraine.

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China's Foreign Minister Urges the US to Lift Sanctions on Chinese Companies

China's Foreign Minister Urges the US to Lift Sanctions on Chinese Companies

China's Foreign Minister Wang Yi urged the United States to lift sanctions on Chinese companies and individuals and emphasized that efforts to decouple from China would ultimately hurt the US.

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US Dollar Is Still the World's Reserve Currency, Fed Governor Says

US Dollar Is Still the World's Reserve Currency, Fed Governor Says

Federal Reserve Governor Christopher Waller has affirmed that the US dollar will remain the world's reserve currency.

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Biden Administration Wants to Extend Anti-Money Laundering Regulations to Investment Advisers

Biden Administration Wants to Extend Anti-Money Laundering Regulations to Investment Advisers

The Biden administration wants to require investment advisers to detect and report suspected money laundering to the government.

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Biden Administration Unveils $11 Billion Semiconductor R&D Initiative to Create More Jobs for Americans

Biden Administration Unveils $11 Billion Semiconductor R&D Initiative to Create More Jobs for Americans

The Biden administration has announced an $11 billion investment in semiconductor-related research and development and a $5 billion fund to launch the National Semiconductor Technology Center.

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US Imposes Sanctions on 4 Entities for Carrying Russian Oil Priced Above the Western Price Cap

US Imposes Sanctions on 4 Entities for Carrying Russian Oil Priced Above the Western Price Cap

The US Treasury Department has imposed sanctions on three UAE-based entities and a Liberian tanker for violating the price cap on Russian oil.

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US Credit Card Debt Soars to a New Record High of $1.13 Trillion

US Credit Card Debt Soars to a New Record High of $1.13 Trillion

Credit card balances in the US reached a new record high of $1.13 trillion, according to data released by the Federal Reserve Bank of New York.

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Houthi Rebels Fired at 2 Commercial Ships in Red Sea Days After US, UK Hit Dozens of Houthi Targets in Yemen

Houthi Rebels Fired at 2 Commercial Ships in Red Sea Days After US, UK Hit Dozens of Houthi Targets in Yemen

The Iranian-backed Houthi rebels fired missiles at two commercial vessels in the Red Sea on Tuesday, the first attacks since the US and UK launched strikes against dozens of Houthi targets in Yemen over the weekend.

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Top US Treasury Officials to Visit China to Discuss Economic Issues That Put the Two Superpowers at Odds

Top US Treasury Officials to Visit China to Discuss Economic Issues That Put the Two Superpowers at Odds

A team of five officials from the US Treasury Department is heading to China this week for economic talks.

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