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Asian Markets Set for Messy Open After US Stocks Peak Following Biden Inauguration
MSCI's gauge of stocks across the globe gained 0.02%. Australia's ASX 200 fell 0.08% in early trade Friday.
Nissan To Close Philippines Car Assembly Operations
The closure will affect the Almera model, and 133 workers will lose jobs, Philippine Trade Secretary Ramon Lopez said in a statement.
Asian Stocks Set for Strong Start After Day of Gains on Wall Street
Asian markets were set to rise on Thursday after U.S. stocks closed at record highs on hopes that newly inaugurated US President Joe Biden would put in place further economic stimulus to offset damage wreaked by the COVID-19 pandemic.
Biden Announces Return to Global Climate Accord, New Curbs on US Oil Industry
The announcements also included a sweeping order to review all of former President Donald Trump's actions weakening climate change protections, the revocation of a vital permit for TC Energy's Keystone XL oil pipeline project from Canada, and a moratorium on oil and gas leasing activities in the Arctic National Wildlife Refuge that Trump's administration had recently opened to development.
The actions, fulfilling his promise to move quickly on Day One of his presidency, initiate the process of the United States rejoining the Paris climate accord and include the revocation of the presidential permit granted for the controversial Keystone XL oil pipeline.
Police Discover First Cannabis Farm in London Financial District
The City of London Police said 826 cannabis plants were found in a building near the Bank of England. The police said there were reports of a "strong smell of cannabis", which led to the raid.
Joe Biden Sworn In As 46th US President
Democrat Joe Biden was sworn in as president of the United States on Wednesday, assuming the helm of a country reeling from deep political divides, a battered economy, and a raging coronavirus pandemic that has killed more than 400,000 Americans.