U.S. House Majority Leader Steny Hoyer said Tuesday he expects the House of Representatives to take up President Joe Biden's $1.9 trillion COVID-19 relief plan again next week, after the Senate passes the measure this Friday or Saturday.
The Canadian dollar edged higher against its U.S. counterpart on Tuesday, adding to the previous day's rally as oil prices rose and domestic data showed faster-than-expected economic growth.
The Kuwaiti government has proposed new amendments to the country's public debt law, including capping borrowing to maximum 60% of gross domestic product, the head of a parliamentary finance committee told Reuters.
By Reuters Staff
3 Min Read
BEIJING (Reuters) - China is studying ways to manage capital inflows to prevent turbulence in the domestic market as the authorities are “very worried” about the risk of bubbles bursting in foreign markets, its top banking and insurance regulator said on Tuesday.
FILE PHOTO: A man stands on an overpass with an electronic board showing Shanghai and Shenzhen stock indexes, at the Lujiazui financial district in Shanghai, China January 6, 2021. REUTERS/Aly Song/File Photo
Global markets are starting to see side effects of fiscal and monetary policy steps in response to the COVID-19 pandemic, Guo Shuqing, head of the China Banking and Insurance Regulatory Commission, told a news conference.
The Senate Finance Committee will vote on Wednesday on three nominees for key jobs in the Biden administration, including Katherine Tai as trade czar and California Attorney General Xavier Becerra as U.S. health secretary, a source familiar with the matter said.