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US, Japan make progress in trade talks but no deal seen yet: White House

Last Updated: Saturday, April 25, 2015, 06:11

US and Japanese negotiators have made "substantial progress" toward a deal on a major Pacific free-trade pact but President Barack Obama and Prime Minister Shinzo Abe are not expected to announce a final accord during Abe`s Washington visit next week, the White House said on Friday.

Barack Obama defends Pacific trade deal

Last Updated: Friday, April 24, 2015, 06:39

US President Barack Obama on Thursday faced down criticism from his own supporters over a looming Pacific trade deal, saying he had no intention of selling American workers out.

White House wants no currency provision in trade bill

Last Updated: Wednesday, April 22, 2015, 06:15

US President Barack Obama`s administration on Tuesday came out strongly against Democratic proposals to curb currency manipulation as part of a sweeping Pacific trade pact Washington is negotiating with 11 nations.

Greece needs to initiate reforms, slash bureaucracy: Obama

Last Updated: Friday, April 17, 2015, 22:33

Greece must undertake new reforms to bring stability to its shaky financial system, US President Barack Obama said Friday.

G20 to sidestep US on IMF reforms

Last Updated: Friday, April 17, 2015, 22:23

The United States can block the IMF reforms because it holds a controlling share of votes.

US lawmakers ease Obama`s path to trade deal

Last Updated: Friday, April 17, 2015, 03:37

Senior US lawmakers reached a deal Thursday to make it easier for President Barack Obama to negotiate a massive trade accord with 11 other Asia-Pacific nations.

Barack Obama to honour Satya Nadella with 'Champion of Change' award

Last Updated: Thursday, April 16, 2015, 17:26

US President Barack Obama plans to honour Microsoft's Indian-origin CEO Satya Nadella with the 'Champions of Change' award for bringing about change within his company to support working families.

Obamas pay effective federal tax rate of nearly 20%

Last Updated: Saturday, April 11, 2015, 22:24

President Barack Obama and his wife, Michelle, paid more than USD 93,000 in federal taxes last year on an adjusted gross income of more than USD 477,000.

Obama earned $477,000 in 2014 as income continues to lower

Last Updated: Saturday, April 11, 2015, 09:18

President Barack Obama and his wife Michelle earned a gross income of $477,383 in 2014, according to the couple`s tax returns, released by the White House on Friday.

India to benefit from breakthrough in Iranian Nuke standoff

Last Updated: Friday, April 3, 2015, 22:40

India was paying 45 percent of bills against Iranian oil imports in rupee through a UCO Bank account.

Barack Obama sharply criticizes China's plans for new technology rules

Last Updated: Tuesday, March 3, 2015, 03:36

President Barack Obama on Monday sharply criticized China`s plans for new rules on U.S. tech companies, urging Beijing to change the policy if it wants to do business with the United States and saying he had raised it with President Xi Jinping.

Washington says waiting for China response on tech rule concerns

Last Updated: Tuesday, March 3, 2015, 03:18

The Obama administration is waiting for China to respond to concerns raised about planned new rules pushing Chinese banks to purchase high-tech products from domestic vendors, a senior State Department official said on Monday.