US Treasury Chief Signals No Immediate Rush to Renew China Trade Agreement.
U.S. Treasury Secretary Scott Bessent has indicated that the Trump administration is not in a hurry to extend the existing trade and critical minerals truce with China, noting that current conditions remain stable.
Vidullanka Expands Renewables Footprint with Major Stake in Storex BESS Project.
Vidullanka PLC has finalized a deal to acquire a 49% stake in Storex (Pvt) Ltd for Rs. 2 billion, partnering with WindForce to develop a series of grid-scale Battery Energy Storage System (BESS) projects across Sri Lanka.
Treasury Secretary Scott Bessent Slams Jerome Powell Over Fed Board Tenure Plans.
US Treasury Secretary Scott Bessent has publicly criticized Federal Reserve Chair Jerome Powell for his intention to remain on the Fed Board after his chairmanship ends, labeling the move a breach of traditional institutional norms.
US Imposes Sanctions on Chinese Oil Giant Over Iranian Crude Purchases.
The US Treasury has sanctioned Hengli Petrochemical, one of China's largest independent refineries, for its role in generating significant revenue for the Iranian military through oil purchases.















