#US Treasury

JOE BIDEN - XI JINPING MEET

US-China San Francisco Summit: Markets react as Joe Biden, Xi Jinping meet yields few results

In China, stocks fell on Thursday, as investors were disappointed by the top level Sino-US meeting

ransomware

China’s biggest lender ICBC hit by ransomware attack

Several ransomware experts said an aggressive cybercrime gang named Lockbit was believed to be behind the hack

US credit rating downgraded

US credit rating downgraded from AAA by Fitch

The US is now rated AA+ by Fitch, one step below AAA, and the assessor has a stable outlook on the country