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US Treasury Chief Threatens Sanctions on Chinese AI Labs Over 'IP Theft' Concerns
Science & Technology

US Treasury Chief Threatens Sanctions on Chinese AI Labs Over ‘IP Theft’ Concerns

U.S. Treasury Secretary Scott Bessent has “the ability to sanction,” and he is not afraid to use it. In an interview with Fox Business on

Treasury Secretary: the US Could Sanction Chinese AI Companies
Business and Economy

Treasury Secretary: the US Could Sanction Chinese AI Companies

The Trump administration is signaling that it may clamp down on Chinese open-source AI models that are the talk of the industry. On Tuesday, Treasury

Treasury yields move ahead of inflation data release
Business and Economy

Treasury yields move ahead of inflation data release

U.S. Treasury yields experienced minimal movement Friday as investors anticipated the release of key economic data. The data includes the Federal Reserve’s preferred inflation measure

Treasury seeks parliamentary approval for investment tools
Business and Economy

Treasury seeks parliamentary approval for investment tools

The National Treasury has defended the country’s economic performance and urged Members of Parliament to expedite the approval of key financial instruments. These instruments are