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stimulus-package

Business 5 years ago

Tug-of-war between debt and stimulus awaits Yellen at Treasury

"Our focus should be on Main Street not Wall Street," Yellen said.

Business 5 years ago

Asian markets open higher after gains on Wall Street ahead of Biden’s inauguration

President-elect Joe Biden, who will be sworn into office on Wednesday, last week laid out a US$1.9 trillion stimulus package proposal to boost the economy and speed up the distribution of vaccines.

Business 5 years ago

Investors eye recovery as most Asia markets rise, Yellen in focus

Traders were also awaiting the Senate confirmation hearing for United States Treasury secretary pick Janet Yellen, which is expected to give lawmakers a chance to go over Joe Biden's huge stimulus proposal.

Business 5 years ago

Biden unveils $1.9 tn economic plan as US recovery buckles

President-elect Joe Biden will propose injecting US$1.9 trillion into the US economy when he takes office next week, as evidence mounts that the recovery from the sharp downturn caused by Covid-19 is flagging.

Business 5 years ago

Bitcoin soars past $40,000 for the first time

The price of bitcoin was $40,380 at roughly 1820 GMT, having jumped 10.4 percent during the trading session.

Business 5 years ago

Global stock markets pull back after record run

Wall Street's leading indices pushed further into previously uncharted highs during trading on Tuesday, but ended up closing lower.

Business 5 years ago

Tokyo's Nikkei stocks index hits 30-year high

The benchmark Nikkei 225 index surged 2.66 percent, or 714.12 points, to end at 27,568.15, while the broader Topix index rose 1.74 percent, or 31.14 points, to 1,819.18.

Business 5 years ago

How the new US $900b stimulus package breaks down

The US$900 billion stimulus package aimed at bolstering the United States economy during the coronavirus pandemic was signed into law by President Donald Trump on Sunday.

Business 5 years ago

US, European stocks end at records on US stimulus, Brexit deal

All three major US stock indices finished at all-time highs, a feat reached earlier in the day by Germany's DAX index.

Business 5 years ago

Trump signs pandemic aid and spending bill, averting government shutdown

Unemployment benefits being paid out to about 14 million people through pandemic programs lapsed on Saturday, but will be restarted now that Trump has signed the bill.

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stimulus-package

Tug-of-war between debt and stimulus awaits Yellen at Treasury

Asian markets open higher after gains on Wall Street ahead of Biden’s inauguration

Investors eye recovery as most Asia markets rise, Yellen in focus

Biden unveils $1.9 tn economic plan as US recovery buckles

Bitcoin soars past $40,000 for the first time

Global stock markets pull back after record run

Tokyo's Nikkei stocks index hits 30-year high

How the new US $900b stimulus package breaks down

US, European stocks end at records on US stimulus, Brexit deal

Trump signs pandemic aid and spending bill, averting government shutdown

follow our Social media

Your Opinion Matters

Thank You