US stocks drop; hospitals surge on pro-Obamacare court ruling

Last Updated: Friday, June 26, 2015, 04:05

Health stocks soared Thursday after the Supreme Court upheld a key provision of President Barack Obama`s health care reform, but the broader market fell on worries of a Greek default.

US tech industry appeals to Obama to keep hands off encryption

Last Updated: Wednesday, June 10, 2015, 09:17

As Washington weighs new cybersecurity steps amid a public backlash over mass surveillance, U.S. tech companies warned President Barack Obama not to weaken increasingly sophisticated encryption systems designed to protect consumers` privacy.

Dollar steady after Obama denies surging unit comment

Last Updated: Tuesday, June 9, 2015, 12:43

In Tokyo afternoon trade, the US unit fetched 124.45 yen, against 124.47 yen in New York and 125.52 yen in Tokyo earlier Monday.

Euro rises to $1.13 on German trade data

Last Updated: Tuesday, June 9, 2015, 10:32

The euro got a boost from a widening of Germany`s trade surplus in April as exports grew by 1.9 percent, while imports fell 1.3 percent.

Obama tells Greeks it's time to make tough decisions

Last Updated: Tuesday, June 9, 2015, 09:56

Obama said yesterday after a meeting with fellow G7 leaders that there is a "sense of urgency in finding a path to resolve the situation."

Obama tells Greeks it`s time to make tough decisions

Last Updated: Monday, June 8, 2015, 22:01

US President Barack Obama weighed in Monday on the Greece crisis, telling Greeks they need to make tough choices to save the country from a default and possible messy euro exit.

Obama did not say strong dollar a problem: US official

Last Updated: Monday, June 8, 2015, 14:40

A US official on Monday disputed a French source`s account that President Barack Obama had told his allies at a G7 summit that the strong dollar posed a "problem".

US Senate votes to grant Obama fast-track power on trade deals

Last Updated: Saturday, May 23, 2015, 08:20

Attention now turns to the House of Representatives, where opposition is deeper to granting the president power to negotiate trade deals that can be approved or rejected by Congress but not amended.

Obama welcomes Senate vote on trade deals

Last Updated: Friday, May 15, 2015, 11:38

Obama said he shares the values of Democratic critics who worry that any trade deal will be detrimental to American workers while warning that blocking a trade deal will be bad for the US.

US Senate reaches deal on trade fast-track after setback

Last Updated: Thursday, May 14, 2015, 09:17

US senators reached a deal Wednesday that would help grant President Barack Obama authority to quickly complete a huge Pacific trade accord, one day after Democrats blocked the measure.

Saudi king to skip US-Gulf summit

Last Updated: Monday, May 11, 2015, 13:05

The Saudi monarch will instead send Crown Prince Mohammad bin Naif, the deputy prime minister.

Barack Obama says not opposed to China-led AIIB

Last Updated: Wednesday, April 29, 2015, 10:41

US President Barack Obama has said the US is not opposed to China-led AIIB but cautioned that money could be "misused" if the new bank does not adhere to high accounting standards and transparency.