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LONDON: US President-elect Joe Biden has been warned not to tinker with the dollar’s standing in world markets given the parlous state of the country’s finances - but his new Treasury chief may be equally advised against talking up the currency too much.
Deal, backed by China, does not include United States
WE ARE up against what Joe Biden is calling a dark winter.
NEW YORK: The S&P 500 notched a record closing high on Friday with upbeat earnings reports helping to drive optimism about the economy along with hopes for successful Covid-19 vaccines, even as investors monitored a surge in virus cases and restrictions around the country.
THE ELECTION of Joe Biden as US president has prompted sighs of relief across the world - not least because his White House is expected to be a boon for the international economy.
SINGAPORE: Most emerging stocks in Asia fell on Friday as worries over surging Covid-19 cases across the globe dampened hopes for a near-term effective vaccine, with Shanghai leading losses after the United States banned investments in some Chinese firms.
WASHINGTON: The election of Joe Biden as U.S. president gives the International Monetary Fund a chance to reset its relationship with its largest shareholder and make green initiatives a bigger part of its global economic recovery plan
US election victory seen pushing more capital towards region
Green Packet to partner Kendall Court for RM500mil PE fund
BENGALURU: Thailand's baht hit a 10-month peak on Wednesday as foreign investors flocked to the country's high-yielding debt and equity markets after progress in a Covid-19 vaccine trial lifted prospects for the trade- and tourism-dominated economy.