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Oil price steadies after unexpected build in US crude stockpiles
NEW YORK: Oil prices steadied on Thursday after industry data showed a surprise increase in U.S. crude inventories that revived pandemic-related fuel demand concerns, while U.S. stimulus hopes buoyed prices.
S&P, Nasdaq close at record highs on optimism about Biden stimulus plan
NEW YORK: The S&P 500 and Nasdaq closed at record highs on Thursday, propelled by optimism about more pandemic relief under the Biden administration to support the economy after data showed a tepid labor market recovery.
U.S. stocks end mixed as energy sector lags
NEW YORK, Jan. 21 (Xinhua) -- U.S. stocks finished mixed on Thursday as energy sector pulled back noticeably, weighing on the market.
U.S. weekly jobless claims slightly drop after soaring to five-month high
WASHINGTON, Jan. 21 (Xinhua) -- Initial jobless claims in the United States slightly dropped to 900,000 last week, after soaring to five-month high in the previous week, the Labor Department reported Thursday.
Consider the ‘k’: Total nationwide lockdowns may not be the only way
FROM Dr Margarita Peredaryenko and Ameen Kamal, EMIR Research
Trailblazer Kamala Harris: America's first woman vice president
Harris enters the post having already forged a unique path, as California's first Black attorney general and the first woman of South Asian heritage elected to the US Senate.
Tenaga: 10,768 commercial customers to benefit from 10% Permai discount
KUALA LUMPUR: A total of 10,768 of Tenaga Nasional’s commercial customers in six selected sectors will benefit from a 10% discount on their bills from Jan 1 to March 31 under the Pakej Bantuan PERMAI 2021.
Bank of Japan revises up growth outlook for next two years
TOKYO (AFP): The Bank of Japan on Thursday (Jan 21) revised its growth outlook upwards for the next two years and maintained its ultra-loose monetary policy as it warned that the pandemic makes clear forecasts less likely.
MARC: Net foreign inflow into Malaysian bonds at RM18.3b in 2020
KUALA LUMPUR: Malaysia’s bond market attracted RM18.30bil of net foreign inflows for 2020 due to the attractive real yield valuations, according to Malaysian Rating Corporation (MARC).
