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Business 01 Aug 2013 | 1:05 PM

PM: Govt committed to strengthen fiscal position

The government will unveil detailed measures to address concern over its fiscal situation in the Budget 2014 proposals, says Datuk Seri Najib Tun Razak.

Business 21 Nov 2012 | 12:00 AM

US fiscal cliff may hamper Malaysian economy, says economist

KUALA LUMPUR: Malaysia could experience a slower economic growth of between 3% and 4% next year if the US fiscal cliff kicks in by next January, OCBC Bank Bhds economist Gundy Cahyadi (pic) said.

Business 09 Nov 2012 | 12:00 AM

Wall Street drops for second day on fiscal worries

NEW YORK: Stocks fell on Thursday and could be in line for more weakness as worries about Washington's ability to find a timely solution to the fiscal cliff dominate investor thinking in coming weeks.

Business 08 Nov 2012 | 12:00 AM

Wall Street sinks after election as "fiscal cliff" eyed

NEW YORK: The Dow industrials lost more then 300 points in a sell-off on Wednesday that drove all major stock indexes down over 2 percent in the wake of the presidential election as investors' focus shifted to the looming fiscal cliff debate and Europe's economic troubles.

Business 12 Nov 2012 | 12:00 AM

Global shares dip on U.S. fiscal cliff, Greece woes

LONDON: World shares edged down for a fourth day on Monday as concerns about a potential U.S. fiscal crisis and Greece's bailout dented optimism over global growth.

Business 06 Dec 2012 | 12:00 AM

"Fiscal cliff" would hit New Yorkers with $43b taxes: NY Comptroller

NEW YORK: Residents of New York would suffer more than $43 billion in tax hikes in 2013 if Congress fails to resolve the so-called fiscal cliff negotiations, according to New York State Comptroller Thomas DiNapoli.

Business 31 Dec 2012 | 12:00 AM

Dollar down against euro, yen on fiscal cliff fears

SINGAPORE: The dollar weakened against the euro in Asia Monday with traders fleeing the US currency as hopes faded that a deal could be reached to avert the fiscal cliff in the United States, analysts said.

Economy 15 Jul 2014 | 12:00 AM

China fiscal spending up 26% to US$265.84bil

BEIJING: China’s fiscal expenditure surged 26.1% in June from a year earlier to 1.65 trillion yuan (US$265.84bil), reflecting government efforts to speed up spending to shore up the economy.

Economy 19 Nov 2018 | 12:00 AM

Government confident of cutting fiscal deficit

PETALING JAYA: Systemic reforms will require time to implement and some parts of the economy may be in for a rough ride but with strong fiscal management and institutional reforms, Malaysia will continue to be on a stronger and more sustainable growth path, Finance Minister Lim Guan Eng says.

Business 02 Jan 2018 | 12:00 AM

As US budget fight looms, Republicans flip their fiscal script

WASHINGTON: The head of a conservative Republican faction in the US Congress, who voted this month for a huge expansion of the national debt to pay for tax cuts, called himself a “fiscal conservative” on Sunday and urged budget restraint in 2018.