Wed, Oct 21, 2026 | Updated 06:42 IST
Oct 15, 2025
The UK and US have jointly sanctioned a global network running scam centres in Southeast Asia, aiming to disrupt operations and block access to the UK financial system. The move targets a scam industry that caused losses of USD 37 billion in 2023.
US Treasury Secretary Scott Bessent said he was "optimistic" about trade talks with China and confirmed that "President Trump is a 'go' on that" meeting with Xi Jinping at the APEC summit, despite rising tensions over Beijing's rare earth export restrictions.
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