Latest in China’s Hack of U.S. Treasury Breached Sanctions Office
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Treasury yield curve steepens for all the wrong reasons
Investors continued to sell off the 30-year Treasury bond for a sixth straight session on Wednesday, pushing its yield further into its highest closing level in more than a year.MarketWatch - 1h -
US imposes sanctions on Orbán’s chief of staff for alleged corruption
Antal Rogán is Hungary’s highest-ranking official added to Treasury list since fall of communismFinancial Times - 7h -
U.S. Says Sudan’s R.S.F. Committed Genocide and Sanctions Its Leader
A force fighting Sudan’s army in a brutal civil war committed massacres and rape that amount to genocide, the Secretary of State said, two decades after a finding of genocide in the same region.The New York Times - 23h -
Why a 5% 10-year Treasury yield could be a buying opportunity
Investors may look back and “see points in time” when Treasury yields were approaching 5% and investors should have been buying, according to PGIM’s head of global bonds.MarketWatch - 6h -
Heinrich objects to quick scheduling of Burgum confirmation hearing, alleging protocol breach
The top Democrat on the Senate’s Energy and Natural Resources Committee says Republicans scheduled Doug Burgum’s confirmation hearing without their consent, which he called a breach of the Senate’s ...The Hill - 7h -
U.S. says Sudan's rebels have committed genocide and sanctions their leaders
The US determined Tuesday that members of Sudan’s Rapid Support Forces (RSF) committed genocide in Sudan and it imposed sanctions on the group’s leader.NBC News - 12h -
US imposes sanctions on senior Hungarian government minister
US treasury accuses Antal Rogán, a close aide of leader Viktor Orbán, as key to ‘system of corruption’. The United States has imposed sanctions on a senior member of the Hungarian government for ...The Guardian - 1d -
US stocks slide as strong data sends Treasury yields higher
Investors bet Fed likely to lower interest rates just once this year after better than expected jobs and services figuresFinancial Times - 1d -
Bitcoin drops below $97,000 as Treasury yields pressure risk assets
Bitcoin slumped on Tuesday as a spike in Treasury yields weighed on risk assets broadly.CNBC - 1d -
Germany pushes for EU to ease sanctions on Syria
Berlin circulates proposals for relief on curbs in exchange for reforms from new leadership in DamascusFinancial Times - 1d -
Biden administration eases sanctions on transitional Syrian government after Assad ouster
The Biden administration has eased sanctions blocking transactions with the transitional Syrian government following the ousting of longtime dictator Bashar Assad. The move marks a gesture of ...The Hill - 1d -
US determines Sudan paramilitary committed genocide, sanctions leader
The Biden administration on Tuesday sanctioned the top general of Sudan’s Rapid Support Forces (RSF) and determined the paramilitary group has committed genocide in the country, as well as crimes ...The Hill - 1d -
CISA says 'no indication' other agencies impacted by Treasury hack
The Cybersecurity and Infrastructure Security Agency (CISA) said Monday that there is “no indication” other federal agencies were impacted by the recent breach at the Treasury Department. The ...The Hill - 1d -
China rips US over sanctions in hacking incidents targeting infrastructure
China slammed the U.S. on Monday for sanctioning a Beijing-based cybersecurity firm allegedly behind a botnet targeting American infrastructure, accusing Washington of “using the issue of ...The Hill - 2d -
Beijing-based cyber group protests US sanctions for its alleged role in hacks
China has slammed a decision by the U.S. Treasury to sanction a Beijing-based cybersecurity company for its alleged role in multiple hacking incidents targeting critical U.S. infrastructureABC News - 2d -
China fires shot across Trump's bow with defense sanctions
China’s decision this week to slap several major U.S. defense firms with penalizing trade measures is being viewed as a “shot across the bow” ahead of President-elect Trump’s inauguration. The move ...The Hill - 2d -
China’s box office takings drop by a quarter as viewers turn to streaming
Lack of blockbusters, pandemic aftereffects and hard economic times blamed for 2024 slumpFinancial Times - 3d -
China has cost the U.S. millions of jobs. Trump will change that — not necessarily for the better.
Trump needs to make friends in Asia or his China tariffs will hurt Americans.MarketWatch - 4d -
U.S. Hits Chinese Cybersecurity Company With Sanctions After Breach
The agency imposed penalties on a company it blamed for supporting the Chinese hacking group Flax Typhoon in a 2022-23 infiltration.The New York Times - 5d -
Chinese cyber firm linked to botnet attack sanctioned in US
The federal government hit Chinese cyber group Integrity Technology Group with new sanctions on Friday, citing alleged computer intrusion incidents against those in the U.S. At the direction of the ...The Hill - 5d -
After Fierce Lobbying, Treasury Sets Rules for Billions in Hydrogen Subsidies
With a lucrative tax credit, the Biden administration is hoping to establish a new industry that might help fight climate change.The New York Times - 5d -
Federal courts won't ask DOJ to probe possible Clarence Thomas ethics breaches
The federal courts will not refer allegations that Supreme Court Justice Clarence Thomas may have violated ethics laws to the Justice Department, the judiciary's policymaking body says.CBS News - 5d -
China Adds to Sanctions of U.S. Defense Contractors Over Taiwan Arms Sales
Beijing sent a fresh warning to President-elect Donald Trump of the tools it can use to protect national interests.The Wall Street Journal - 5d -
Trump announces new treasury and ambassador nominees
President-elect Trump announced several appointments for his Treasury Department and choices for ambassadors for two European countries. In multiple Thursday Truth Social posts, Trump outlined who ...The Hill - 5d -
China Hits Dozens of U.S. Companies With Trade Controls
The move was the latest escalation in the back and forth between Beijing and Washington over products considered vital to national security.The New York Times - 6d -
Debate Over U.S. Sanctions on Russia For Ukraine War Intensifies
The president-elect has said he will use sanctions sparingly while vowing to end the war in Ukraine, renewing questions over their efficacy.The New York Times - 6d -
China hits dozens of U.S. companies before expected Trump tariffs
China's Ministry of Commerce adds 28 U.S. entities to export control list to "safeguard national security and interests."CBS News - 6d -
China’s Hack of U.S. Treasury Breached Sanctions Office
The cyberattack reported earlier this week reached into the Office of Foreign Assets Control and the Office of Financial Research, sections of the agency that oversee economic penalties against ...Inc. - 6d -
GOP lawmakers request Yellen briefing on Chinese hackers' Treasury breach
Republican lawmakers are swiftly urging the Treasury Department to provide answers on a recent cybersecurity attack from China that infiltrated various workstations, as outlined in ...The Hill - 6d -
Helsinki arena to reopen in spring after being left in limbo by Russian sanctions
Finnish real estate company says deal for sports and entertainment venue will restore it to its former glory. Helsinki’s main sports and entertainment arena is expected to reopen in the spring ...The Guardian - 6d -
U.S. Companies Vouched for China During Trump's First Term. Not Anymore.
American companies have largely gone silent about the importance of the U.S.-China relationship—they no longer see China as the land of opportunity.The Wall Street Journal - 6d -
Chinese government hackers targeted US Treasury office that administers sanctions – report
Treasury disclosed hack earlier this week, with Washington Post reporting targets were Office of Foreign Assets Control and Office of Financial Research. Chinese government hackers breached the US ...The Guardian - 6d -
China Reckons With Years of Excess
Overindebtedness, overbuilding and overcapacity are causing problems at home and abroad.The Wall Street Journal - Jan. 1 -
Russian and Iranian groups face sanctions over election disinformation
The U.S. has imposed sanctions on two groups linked to Russian and Iranian disinformation campaigns targeting this year's election.CBS News - Dec. 31