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Biden pandemic stimulus plan to pump US$1.9tril into economy, Wall St cheers
New York: 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.
Oil price ends lower, retreating from recent gains as COVID cases rise
NEW YORK: Oil prices fell on Wednesday, pulling back from recent gains, on concerns that rising global COVID-19 will hamper global fuel demand.
GLOBAL MARKETS-Stocks rise on Fed moves
NEW YORK: Treasury yields fell on Wednesday after Federal Reserve officials steered clear of tightening monetary conditions anytime soon despite expectations of higher inflation, while stocks and the dollar edged higher.
Risk of rising unemployment remains high
PETALING JAYA: The worsening Covid-19 situation that has triggered a second round of movement control order (MCO) in Malaysia has once again cast the spotlight on unemployment.
Risk of rising unemployment remains high with MCO 2.0
PETALING JAYA: The worsening Covid-19 pandemic, which triggered a second round of the movement control order (MCO) in Malaysia, has once again cast the spotlight on rising unemployment.
Intel's self-driving car unit to use own radar tech by 2025
SAN FRANCISCO: The head of Intel Corp's self-driving car subsidiary said on Tuesday the company wants to shift toward using its own radar-based technology and use a single lidar sensor per vehicle by 2025 in a bid to lower the cost of autonomous driving.
Govt to continue rolling out Budget 2021 measures, Zafrul says
KUALA LUMPUR: The government will continue to roll out the measures in Budget 2021 to firmly place Malaysia on its recovery path in 2021, Tengku Datuk Seri Zafrul Abdul Aziz says.
Opportunity amid adversity
THE pandemic has spurred the transition to more sustainable energy use.
Tesla hunts for design chief to create cars for China
BEIJING: Tesla Inc is searching for a design director in China, part of efforts to open a "full-function" studio in Shanghai or Beijing and design electric cars tailored to Chinese consumer tastes, according to three people with knowledge of the matter.
