Showing 1 - 10 of 88
Japanese PM unveils $113bn stimulus
AFP, Published on 02/11/2023
» TOKYO - Japanese Prime Minister Fumio Kishida announced a stimulus package worth more than US$100 billion on Thursday as he tries to ease the pressure from inflation and rescue his premiership with his poll ratings at a record low.
Japan unveils record $490bn pandemic stimulus
AFP, Published on 19/11/2021
» TOKYO: Japanese Prime Minister Fumio Kishida announced a record $490 billion stimulus for the world's third-largest economy Friday as he looks to shore up the country's patchy pandemic recovery.
IMF warns more funding needed to safeguard global economy
AFP, Published on 09/04/2021
» WASHINGTON - Warning that the recovery from the pandemic is not over, the IMF on Thursday called on policymakers to continue to spend money to shore up the global economy and ensure no country is left behind.
S&P 500 ends over 4,000 for 1st time, oil prices rally
AFP, Published on 02/04/2021
» NEW YORK - The S&P 500 finished above 4,000 for the first time Thursday setting a record amid rising confidence in the US economic recovery, while oil prices rallied after petroleum producers agreed to limited output increases.
S&P affirms US debt rating at AA+
AFP, Published on 17/03/2021
» WASHINGTON: S&P Global Ratings on Tuesday affirmed the grade on US government debt at AA+ and said it expects a rapid recovery of the pandemic-damaged economy.
US Fed standing firm on inflation fears
AFP, Published on 15/03/2021
» WASHINGTON: Skittish investors have see-sawed between celebration about the expected US economic recovery and nail-biting over a possible price spiral, but the Federal Reserve is standing firm on keeping interest rates low.
'Markets be damned!': US Fed standing firm on inflation fears
AFP, Published on 14/03/2021
» WASHINGTON: Skittish investors have see-sawed between celebration about the expected US economic recovery and nail-biting over a possible price spiral, but the Federal Reserve is standing firm on keeping interest rates low.
Biden Covid rescue plan clears crucial Senate hurdle
AFP, Published on 07/03/2021
» WASHINGTON - The US Senate on Saturday voted to approve a $1.9 trillion relief package that President Joe Biden vows will revive the country's pandemic-stricken economy, capping hours of debate, frenzied negotiations and a marathon overnight voting session.
Biden presses for stimulus as US reports weak January hiring
AFP, Published on 05/02/2021
» WASHINGTON - US President Joe Biden accelerated his push to win Congressional approval of his $1.9 trillion pandemic relief package after it cleared a key Senate hurdle, as the latest government employment data points to a struggling job market.
Global equities tumble while GameStop surges in frenzied trading
AFP, Published on 30/01/2021
» NEW YORK: Global stocks finished an ugly week with another volatile session Friday as the buying frenzy over GameStop and some other equities resumed amid stepped-up scrutiny from regulators.