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
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
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'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
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
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
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
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
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
'No one will win a trade war,' China says after Trump tariff threat
Donald Trump says he would impose the tariffs until China stops the flow of illegal drugs, particularly fentanyl, into the United States.
Tue Nov 26 2024
What has caused Pakistan's deadly clashes between police and supporters of Imran Khan?
Topping the demands of Khan's Pakistan Tehreek-e-Insaf (PTI) party is the release of all its leaders, including Khan, who has been jailed on a series of corruption charges since August 2023.
Tue Nov 26 2024
One woman or girl killed every 10 minutes by intimate partner or family member - UN
The report highlights that "60 per cent of all female homicides" are committed by "people closely related to them".
Tue Nov 26 2024
Sweden urges Chinese ship to return for undersea cable investigation
Two subsea cables, one linking Finland and Germany and the other connecting Sweden to Lithuania, were damaged in less than 24 hours.
Tue Nov 26 2024
[COLUMNIST] Building more highways won’t solve traffic congestion - reducing demand will
It is clear that adding more lanes and highways doesn't work, because we are still attempting the same approach to solve the issue.
Tue Nov 26 2024
Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM
This investment includes efforts to upgrade INOKOM's existing assembly capacity to meet Hyundai's automotive needs.
Tue Nov 26 2024
‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film
'C4Cinta', directed by young filmmaker Karthik Shamalan, has set a new benchmark in Malaysian Tamil cinema.
Tue Nov 26 2024
Man charged with mother's murder, storing body in freezer
The court denied bail and scheduled case mention on Feb 7 for the submission of forensic, autopsy, and chemist reports.
Tue Nov 26 2024
Abolition of examination in schools to reduce pressure on pupils - Fadhlina
The classroom assessment approach offers a much more interesting learning ecosystem, says Fadhlina Sidek.
Tue Nov 26 2024
Google, Meta urge Australia to delay bill on social media ban for children
Google and Meta says the government should wait for the results of an age-verification trial before going ahead.
Tue Nov 26 2024