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Investors positioning for U.S. gridlock, dialing back bets on large stimulus and tax hikes

Investors positioning for U.S. gridlock, dialing back bets on large stimulus and tax hikes

With greater prospects of divided government, the fiscal response in 2021 looks much different.
Thu Nov 05 2020
Japan's Abe announces snap election amid worries over North Korea crisis

Japan's Abe announces snap election amid worries over North Korea crisis

Abe said he needed a mandate to shift some revenues from a planned future tax hike to social spending, besides seeking support for a tough stance toward North Korea's repeated missile, nuclear tests.
Mon Sep 25 2017
If elected, South Korea's Moon may put economy ahead of jobs and tax hikes

If elected, South Korea's Moon may put economy ahead of jobs and tax hikes

Moon Jae-in has said he wants to hire more firefighters, teachers and policemen, but his main objective will be to protect a fragile recovery in Asia's fourth-largest economy.
Mon May 08 2017
Japan economy enters recession after surprise Q3 contraction

Japan economy enters recession after surprise Q3 contraction

Japan's economic recession will make it almost impossible for PM Shinzo Abe to delay a fresh sales tax hike and snap elections.
Mon Nov 17 2014
Japan premier considering snap election, reports say

Japan premier considering snap election, reports say

Japanese Prime Minister Shinzo Abe is considering postponing a tax hike and dissolving the powerful lower house for a snap election in December, reports said Wednesday.
Wed Nov 12 2014
US Congress finally averts fiscal cliff

US Congress finally averts fiscal cliff

After bitter New Year brinksmanship, the US Congress finally backed a deal to avert a "fiscal cliff" of tax hikes and massive spending cuts that had threatened to unleash economic calamity.
Wed Jan 02 2013
US Senate approves deal on 'fiscal cliff' crisis

US Senate approves deal on 'fiscal cliff' crisis

The White House and top Republicans struck a dramatic deal to avert huge New Year tax hikes and postpone automatic spending cuts that had threatened to send the US economy into recession.
Tue Jan 01 2013
US Senate leaders to start wrangling over fiscal deal

US Senate leaders to start wrangling over fiscal deal

The search for an elusive fiscal deal aimed at avoiding blanket tax hikes and drastic spending cuts was in the hands of US Senate leaders Saturday.
Sat Dec 29 2012
Spanish protestors against austerity measures

Spanish protestors against austerity measures

Protestors angry over recent announcement of spending cuts and tax hikes amidst allegations that public finances are used to rescue ailing banks and regional governments
Sun Oct 28 2012
ANALYSIS - Australia legislated a teen social media ban, it has to figure out how to enforce it

ANALYSIS - Australia legislated a teen social media ban, it has to figure out how to enforce it

The study, will likely set course for lawmakers and tech platforms around the world as they navigate a push to age-restrict social media.
Sat Nov 30 2024
Will the fragile peace between Hezbollah and Israel hold?

Will the fragile peace between Hezbollah and Israel hold?

Hezbollah continues to claim that it defeated the Israeli military in Lebanon and says its forces will ensure IDF adheres to the ceasefire.
Sat Nov 30 2024
Robotic-assisted prostate cancer surgery, a quick recovery option

Robotic-assisted prostate cancer surgery, a quick recovery option

Prostate cancer is experienced by one in 120 men in Malaysia, especially those above the age of 50.
Sat Nov 30 2024
Astro AWANI shines with five wins at MPRA 2024

Astro AWANI shines with five wins at MPRA 2024

Astro AWANI excels after winning five awards at the Malaysia Public Relations Awards 2024 in Kuala Lumpur
Fri Nov 29 2024
Flood situation continues to worsen, victims exceed 120,000

Flood situation continues to worsen, victims exceed 120,000

The flood situation across the country continues to worsen, with the number of victims in nine states reaching 120,272 people
Fri Nov 29 2024
Starbucks serves South Koreans coffee and glimpse into the North

Starbucks serves South Koreans coffee and glimpse into the North

Hundreds show up for the opening of the US coffeehouse chain's newest store in an observatory near the city of Gimpo.
Fri Nov 29 2024
Big tech says Australia rushed social media ban for youths under 16

Big tech says Australia "rushed" social media ban for youths under 16

A trial of methods to enforce it will start in January with the ban to take effect by Nov. 2025.
Fri Nov 29 2024
Putin denies he tried to frighten Merkel with dog Koni

Putin denies he tried to frighten Merkel with dog Koni

Angela Merkel wrote in her new memoir "Freedom" that, Vladimir Putin sometimes brought the pet to meetings with foreign guests.
Fri Nov 29 2024
Vocational college student murder: We saw victim beaten in hostel room - Witness

Vocational college student murder: We saw victim beaten in hostel room - Witness

The prosecution witnesses say they did not report the incident to the hostel warden for fear of being beaten like the victim.
Fri Nov 29 2024
Don't bring small children to observe river water level, say - Police

Don't bring small children to observe river water level, say - Police

State police chief Datuk Mohd Yusoff Mamat urges the public to remain vigilant about the rising level of the river.
Fri Nov 29 2024