TOKYO (Reuters) – Japan’s cabinet approved on Monday a record $1.03 trillion budget draft for the next fiscal year starting in April 2021, the Ministry…
View More Japan's record $1 trln budget highlights COVID-19 challenge to growth, debt
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Japan plans record $1.03 trln budget, struggles to contain virus, debt
TOKYO (Reuters) – Japan’s government plans a record-high $1.03 trillion budget for the next fiscal year, boosted by its coronavirus response and rising welfare and…
View More Japan plans record $1.03 trln budget, struggles to contain virus, debt
Aramco may have to sell assets, borrow more to maintain Saudi dividend
DUBAI (Reuters) – Oil giant Aramco, whose dividend remains vital to helping Saudi Arabia contain a huge deficit, may have to sell assets and borrow…
View More Aramco may have to sell assets, borrow more to maintain Saudi dividend
Malaysia Parliament passes RM322.5 billion budget, proving majority support for PM Muhyiddin
KUALA LUMPUR – Following weeks of uncertainty, Malaysian Prime Minister Muhyiddin Yassin’s first federal budget – the biggest in the country’s history – cleared a…
View More Malaysia Parliament passes RM322.5 billion budget, proving majority support for PM Muhyiddin
Hungary, Poland risk exclusion from EU recovery fund: French minister
FILE PHOTO: France’s Europe minister, Clement Beaune, wearing a protective face mask, leaves following a weekly Cabinet meeting at the Elysee Palace in Paris, France,…
View More Hungary, Poland risk exclusion from EU recovery fund: French minister
Germany plans almost 180 bln euros of new debt in 2021
James Wolfensohn, former World Bank president, passes away Wolfensohn was a guiding force for a couple of the most well-known cultural institutions in the U.S.…
View More Germany plans almost 180 bln euros of new debt in 2021
Malaysian PM Muhyiddin's federal budget passes Parliament test
KUALA LUMPUR – Malaysia Prime Minister Muhyiddin Yassin’s first-ever federal budget survived a Parliament vote on Thursday (Nov 26), ensuring the continuity for his administration…
View More Malaysian PM Muhyiddin's federal budget passes Parliament test
Britain set to reveal spending plans for virus era
LONDON (AFP) – Britain’s government, seeking to support the pandemic-ravaged economy and the nation’s post-Brexit future, on Wednesday (Nov 25) unveils its eagerly-awaited spending plans.…
View More Britain set to reveal spending plans for virus era
Malaysian PM Muhyiddin welcomes feedback for budget amid criticism for reviving propaganda machinery
KUALA LUMPUR – Malaysia’s Prime Minister Muhyiddin Yassin on Saturday (Nov 7) called for bipartisan cooperation to refine the country’s budget for next year, saying…
View More Malaysian PM Muhyiddin welcomes feedback for budget amid criticism for reviving propaganda machinery
Malaysia's Budget 2021 to pump-prime economy hit by coronavirus
KUALA LUMPUR – Malaysia will continue pump-priming its coronavirus-battered economy into the next year, with a 5.4 per cent deficit expected in Budget 2021 being…
View More Malaysia's Budget 2021 to pump-prime economy hit by coronavirus
Malaysia plans extra $6.5 billion for special Covid-19 fund
KUALA LUMPUR (REUTERS) – Malaysia’s government plans to add a further RM20 billion (S$6.5 billion) to a new fund to deal with the coronavirus pandemic,…
View More Malaysia plans extra $6.5 billion for special Covid-19 fund
Indonesia Parliament approves 2021 budget, aims for 5 pct growth
JAKARTA (BLOOMBERG) – Indonesia’s parliament approved a state budget for 2021 that seeks to bring the economy back to 5 per cent growth. Lawmakers agreed…
View More Indonesia Parliament approves 2021 budget, aims for 5 pct growth
South Korea president to hold emergency meeting on Thursday to discuss economic stimulus
SEOUL (Reuters) – South Korean President Moon Jae-in will hold an emergency economic policy meeting on Thursday to discuss new stimulus packages, including a fourth…
View More South Korea president to hold emergency meeting on Thursday to discuss economic stimulus
Brazil's Guedes slams Senate overturning presidential veto on public sector pay rise
BRASILIA (Reuters) – Brazil’s Economy Minister Paulo Guedes called a Senate decision on Wednesday to overturn a presidential veto blocking public sector pay rises during…
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