Patrick Pleul / Image Alliance via Getty Images President Donald Trump’s opposition to a $ 900 billion coronavirus bailout package, largely passed by U.S. lawmakers late Monday, jeopardizes the first major climate change piece of legislation to have received Congress approval in about a decade. Trump has threatened a veto of the stimulus package, which…

Alibaba Group’s signage will be displayed during the company’s December 11th Global Shopping Festival on November 11, 2020 in Hangzhou, Zhejiang Province, China. Aly Song | Reuters BEIJING – Alibaba’s shares fell for prolonged periods in both Hong Kong and U.S. trading as reports surfaced that the Chinese government is conducting an anti-monopoly investigation into…

An “Open House” sign is posted outside a new home for sale in the DR Horton Cambridge area of ​​the Southbury housing estate in Oswego, Illinois. Daniel Acker | Bloomberg | Getty Images New home sales were far weaker than expected in November and construction stocks are not doing well. The stocks of the biggest…

SINGAPORE – Asia-Pacific stocks were slightly higher on Wednesday morning after US President Donald Trump made new remarks on the new Covid-19 aid package. Mainland China stocks were higher in early trading, with the Shanghai Composite gaining 0.3% while the Shenzhen component gaining 0.33%. The Hang Seng Index in Hong Kong was slightly above the…

Anjali Sud, CEO of Vimeo NurPhoto | NurPhoto | Getty Images IAC is splitting its full stake in its video software company Vimeo, the company announced on Tuesday. IAC’s shares rose more than 5.5% in premarket trading. Upon completion of the transaction, which is expected to close in the second quarter of 2021, Vimeo will…

U.S. stock futures were unchanged on Monday night after a volatile day on Wall Street with the Dow Jones Industrial Average wiping out a 400-point deficit. Futures linked to the Dow and S&P 500 fell 0.2% and 0.1% respectively, while those for the Nasdaq 100 rose 0.1%. The step forward came as the leaders of…

U.S. government debt prices were higher Monday morning as Congress prepares to vote on a $ 900 billion coronavirus aid package. However, there are concerns about a new strain of Covid-19 in the UK At around 2 a.m. ET, the benchmark 10-year Treasury note yield was lower at 0.9263%, while the yield on the 30-year…

Chinese negotiators this week surprised their counterparts in the European Union with important market access concessions – after long months of intransigence – that could allow the two parties to reach an agreement on a historic investment deal by the end of the year. Although EU officials have not yet released the details, a senior…

NEW YORK, NEW YORK – SEPTEMBER 20: Apple CEO Tim Cook greets customers at the reopening of Apple’s flagship retail store, Apple Fifth Avenue on September 20, 2019 in New York City. Taylor Hill | WireImage | Getty Images Apple temporarily closed all 53 retail stores in California after the number of coronavirus cases hit…

The scale of an elaborate cyberattack on the US government that was exposed this week is much larger than initially thought. The agency for cybersecurity and infrastructure security said in a summary on Thursday that the threat “poses a serious risk to the federal government”. It added that “state, local, tribal and territorial governments, as…