After a down week, the benchmark Dow Jones Industrial Average was up 0.4 per cent at 30,940.39, about an hour into the first session of the week. — Reuters pic
After a down week, the benchmark Dow Jones Industrial Average was up 0.4 per cent at 30,940.39, about an hour into the first session of the week. “There weren’t any jarring ‘events’ over the extended weekend. That has relieved a little bit of Friday’s selling pressure,” he said in an analysis. Yellen, the former Federal Reserve chair, is speaking at her confirmation hearing Tuesday before the Senate Finance Committee, and urging legislators to support Biden’s massive US$1.9 trillion rescue package to help the pandemic-damaged US economy.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US resumes WHO support, launches US$1.9t virus plan | Malay MailGENEVA, Jan 22 — The United States yesterday said it would resume its funding for the UN’s health agency as President Joe Biden shifts towards greater international cooperation in the fight against Covid-19, while also launching a US$1.9 trillion (RM7.7 trillion) plan to tackle the pandemic at...
Source: malaymail - 🏆 1. / 86 Read more »
People-to-people relationships define US-Malaysia ties, says US ambassador | Malay MailKUALA LUMPUR, Jan 22 ― Ambassador of the United States (US) to Malaysia, Kamala Shirin Lakhdhir, said it is largely people-to-people relationships that define the US-Malaysia ties. The ambassador, who will wrap up her tour of duty here soon after serving more than four years, said much as been...
Source: malaymail - 🏆 1. / 86 Read more »
US stands with SE Asian countries against China pressure, says US Secretary of State | Malay MailWASHINGTON, Jan 28 — The United States rejects China’s maritime claims in the South China Sea beyond what it is permitted under international law and stands with South-east Asian countries resisting its pressure, US Secretary of State Antony Blinken said yesterday. Blinken made the remarks in a... Have you been talking too much before you are being confirmed by the Senate?
Source: malaymail - 🏆 1. / 86 Read more »
Losses on short positions in US firms top US$70b, according to Ortex data | Malay MailLONDON, Jan 28 — Short-sellers are sitting on estimated losses of US$70.87 billion (RM287 billion) from their short positions in US companies so far this year, data from financial data analytics firm Ortex showed today. The hefty losses come as shares of highly-shorted GameStop jumped more than...
Source: malaymail - 🏆 1. / 86 Read more »
Botticelli masterpiece sells for US$92m at US auction | Malay MailNEW YORK, Jan 29 — A portrait by Italian renaissance painter Sandro Botticelli sold for US$92 million (RM372 million) at an online Sotheby’s auction yesterday, smashing the record price for the artist. “Young Man Holding a Roundel,” believed to have been painted in the 1470s or 1480s, is...
Source: malaymail - 🏆 1. / 86 Read more »