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World 17 Dec 2020 | 4:36 AM

2nd LD Writethru: U.S. Fed signals to keep interest rates near zero at least through 2023

WASHINGTON, Dec. 16 (Xinhua) -- The U.S. Federal Reserve on Wednesday kept its benchmark interest rate unchanged at the record-low level of near zero after concluding the final policy meeting of 2020, while expecting rates to stay there at least through 2023.

World 15 Dec 2020 | 6:41 PM

Roundup: Tokyo stocks end lower on gov't suspension of travel campaign

TOKYO, Dec. 15 (Xinhua) -- Tokyo stocks ended lower Tuesday on concerns over the economic fallout from the government's abrupt planned suspension of its subsidized travel campaign over the year-end holiday period amid a surge in COVID-19 cases.

World 06 Dec 2020 | 6:17 AM

Roundup: U.S. equities post weekly gains as traders weigh stimulus, coronavirus impact

NEW YORK, Dec. 5 (Xinhua) -- U.S. equities advanced in the week as investors continued to gauge economic implications from soaring coronavirus cases while closely following new developments regarding a fresh round of U.S. COVID-19 aid package.

World 05 Dec 2020 | 2:38 AM

Spotlight: U.S. labor market recovery losing momentum as COVID-19 cases surge

WASHINGTON, Dec. 4 (Xinhua) -- The pandemic-ravaged U.S. labor market continues to recover but it's losing momentum, as COVID-19 rages across the country and new cases spike in recent weeks.

World 02 Dec 2020 | 6:16 AM

S&P 500, Nasdaq hit fresh records amid strong market momentum

NEW YORK, Dec. 1 (Xinhua) -- U.S. stocks finished higher on Tuesday, building on the gains they scored in the prior month, as positive momentum continued on Wall Street.