President-elect Joe Biden plans to sign dozens of executive orders and send sweeping bills to Congress in his first days in office, aiming to roll back some of Donald Trump’s signature policies on immigration and climate change.
Global shares climbed and the dollar eased on Tuesday ahead of Janet Yellen's Treasury Secretary confirmation speech, in which she is expected to bolster the case for heavy fiscal stimulus in the world's largest economy.
China will provide necessary policy support for the economic recovery this year, to avoid a "policy cliff", as small firms remain hard-pressed amid the pandemic, a senior official at the state planner said on Tuesday.
U.S. President Donald Trump is likely to grant clemency to rapper Lil Wayne on Tuesday in a final wave of pardons and commutations that is not expected to include lawyer Rudy Giuliani or ex-aide Steve Bannon, sources said on Monday.
Cisco Systems Inc's purchase of Acacia Communications Inc has been approved by China's antitrust regulator on condition that the companies ensure fair competition, the watchdog said on Tuesday.
Uganda's government spokesman accused the United States on Tuesday of trying to subvert last week's presidential elections after the U.S. ambassador attempted to visit an opposition leader being held under house arrest.
Shares in Samsung Electronics and affiliates rebounded on Tuesday, reversing losses stemming from Samsung Electronics Vice Chairman Jay Y. Lee's receiving a two-and-a-half year prison term on Monday.
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