The Latest Breaking News from Treasury Department

The Government Savings Bank (GSB) stands ready to extend loans to Thai Airways International (THAI) and the Oil Fuel Fund to boost their liquidity if the government adopts a policy for it to do so, said GSB chairman Prapas Kong-Ied.

If there’s one word that describes Bitcoin and cryptocurrency, it’s volatile. Crypto prices soar and then seem to crash almost as quickly, while rumors, sentiment and fundamental developments are quickly factored into the market. Even seemingly reliable stablecoin TerraUSD has plunged as concerns quickly developed about its solvency, and the…

President Joe Biden’s pick to be the Federal Reserve’s top banking regulator pledged Thursday to help reduce high inflation and provide clear rules to govern financial innovation

The U.S. Treasury Department on Thursday issued new Hezbollah-related sanctions, designating Lebanese businessman and the Iran-backed group's financial facilitator, Ahmad Jalal Reda Abdallah, and his companies.

WASHINGTON — The Biden administration is poised to fully block Russia’s ability to pay U.S. bondholders after a deadline expires next week, a move that could bring Moscow closer to the brink of default.

The House Committee on Budgeting Study and Budget Administration will on Tuesday call on Prime Minister Prayut Chan-o-cha to scrap the latest bidding for the main water transmission pipeline system for the Eastern Economic Corridor (EEC), citing the transparency of the process.

The Treasury Department announced on Tuesday that they were initiating a “review” into the state’s spending

The U.S. announced Monday it is imposing financial penalties on five people accused of fundraising for the Islamic State group and using the funds to help traffic children to serve as fighters for the organization

The next few months could be the most politically treacherous time for Prime Minister Prayut Chan-o-cha although toppling him and cutting short the life of his administration may be easier said than done.

A ruckus over the bidding concession for a 25.6-billion-baht water pipeline project in the eastern region has become the latest setback for the government. Yet, the issue needs a clear mind for it to be best resolved.

Pheu Thai Party says it will make transparency a key issue during a no-confidence debate expected in July in relation to the bidding for a major water project in the country's eastern region.