Markets

WILMINGTON, Delaware: President-elect Joe Biden unveiled a US$1.9 trillion stimulus package proposal on Thursday (Jan 14), saying in prime-time remarks that bold investment was needed to jump-start the economy and speed up the US response to the coronavirus pandemic. Biden campaigned last year on ...

Asian shares rose on Friday, brushing off a late Wall Street dip as expectations of large U.S. stimulus under President-elect Joe Biden shored up sentiment while oil prices perked up on upbeat Chinese trade figures.

U.S. President-elect Joe Biden's proposal to pour US$1.9 trillion into a hobbled economy could lay the foundation for a surge in jobs and spending that many economists say is needed to avoid long-term damage from a record-breaking pandemic recession.

A South Korean court will sentence Samsung Electronics Co Ltd heir Jay Y. Lee on a bribery charge on Monday, a ruling likely to have ramifications not just for his company but for all of South Korea's chaebol conglomerates.

President-elect Joe Biden will unveil a stimulus proposal on Thursday designed to jump-start the economy during the coronavirus pandemic and help minority communities with around US$1.9 trillion in aid.

With this MCO, Johor residents face a double whammy after coping for months with restrictions on commute to Singapore where many used to earn livelihoods, says Serina Rahman.

A proposed US$1.9 trillion coronavirus relief stimulus package from President-elect Joe Biden may prove a double-edged sword for investors, sustaining optimism for further economic revival while raising worries over how the United States will pay for it all.

President-elect Joe Biden will unveil a stimulus proposal on Thursday designed to jump-start the economy during the coronavirus pandemic and help minority communities with around US$1.9 trillion in aid.

Airbnb Chief Executive Officer Brian Chesky on Thursday predicted travel would permanently change due to the pandemic with people seeking out thousands of smaller cities and spending more time visiting friends and family.

Grayscale, the world's largest digital currency manager, said on Thursday its assets under management surged more than 900per cent to US$20.2 billion at the end of last year, lifted by record inflows in the fourth quarter and the surge in the price of bitcoin.