US debt vote passage boosts Asian markets
People walk through exchange square outside the Hong Kong Stock Exchange in Hong Kong on February 23. Asian investors today welcomed US’ passage of the bill to lift the debt ceiling in early trade. – AFP pic, June 1, 2023.
ASIAN markets mostly rose today after the US House passed a bill to avoid a painful default, as traders turn their attention to the Federal Reserve’s next policy meeting and China’s struggling economy. After weeks of brinkmanship, Democrats and Republicans came together to push through an agreement to lift the debt ceiling in rare bipartisan cooperation.
Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Malaysian Everest climber saved in rare high-altitude rescue | The Malaysian InsightSherpa guides haul unnamed mountaineer down 600m from ‘death zone’.
Read more »
Spanish govt gets inflation boost ahead of snap vote | The Malaysian InsightState statistics body says drop due to lower fuel prices, more moderate food price hikes.
Read more »
Kertas Putih Kesihatan dibawa ke Kabinet minggu depan, kata menteri | The Malaysian InsightIa akan dibentangkan pada persidangan Dewan Rakyat akan datang selepas mendapat persetujuan Kabinet, kata Dr Zaliha Mustafa.
Read more »
Sanusi tak faham Perlembagaan Persekutuan, kata Anwar | The Malaysian InsightPerdana menteri membidas Menteri Besar Kedah Muhammad Sanusi Md Nor kerana dakwa Pulau Pinang masih hak Kedah.
Read more »
Ramasamy persoal MIC, MCA mahu intai kerusi di Pulau Pinang | The Malaysian InsightHanya kerana BN sebahagian daripada kerajaan tidak bermakna dua parti itu patut diberi kerusi, kata Adun Perai itu.
Read more »
Biden slams Uganda anti-gay law, urges repeal | The Malaysian InsightUS administration will also consider slapping sanctions on East African nation.
Read more »