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Economy 26 Sep 2018 | 12:00 AM

Govt needs to cut spending amid fiscal squeeze

KUALA LUMPUR: The government’s spending will not be huge in the current situation as it addresses the fiscal squeeze before stabilising and moving ahead, said Asean Business Club president Tan Sri Munir Majid.

Business 14 Jul 2016 | 12:00 AM

Adviser calls for coordinating fiscal, stimulus

TOKYO: A key economic adviser to Japanese Prime Minister Shinzo Abe said boosting fiscal and monetary stimulus at the same time would be a good strategy, while playing down the likelihood of employing so-called “helicopter money.”

Business 28 Aug 2013 | 4:27 PM

Govt's fiscal policy panel to look into GST, RPGT review

KUALA LUMPUR: The government's fiscal policy committee will meet next week and discuss measures to strengthen the country's current economic position.

Business 14 Oct 2013 | 8:29 AM

US Senate leader sees chance for breaking fiscal impasse

WASHINGTON: Senate negotiations to bring a boiling fiscal crisis to an end showed signs of progress on Sunday, but there were no guarantees that the U.S. federal government shutdown was about to end or that a historic default would be avoided.

Business 01 Dec 2012 | 12:00 AM

Little apparent progress in U.S. "fiscal cliff" talks

HATFIELD, Pennsylvania: With barely a month left before the fiscal cliff, Republicans and Democrats remained far apart on Friday in talks to avoid the across-the-board tax hikes and spending cuts that threaten to throw the country back into recession.

Business 18 Dec 2012 | 12:00 AM

KLCI, Asian stocks rise as US seen averting fiscal cliff

Malaysia's blue chips advanced on Tuesday, sending the FBM KLCI to an intra-morning high of 1,658.57, the highest since Nov 2 as expectations that the US could avert the fiscal cliff boosted investors' sentiment.

Business 22 Mar 2013 | 12:00 AM

Easy Fed softens fiscal policy punch on economy

WASHINGTON: The Federal Reserve's aggressive easing of monetary policy is proving surprisingly effective at blunting the blow to the U.S. economy from tighter fiscal policy, according to economists who have been scrambling to raise their growth forecasts.

Business 28 Sep 2013 | 9:14 PM

Wall St Week Ahead- Investors bet on last-minute deal to end fiscal showdown

NEW YORK: With a possible U.S. government shutdown days away, Wall Street still hasn't come down with a critical case of fiscal fever despite forecasts that failure to resolve the federal budget standoff could be catastrophic.

Business 15 Oct 2013 | 6:16 PM

China urges quick U.S. action to address fiscal cliff

BEIJING: China Vice Finance Minister Zhu Guangyao demanded the U.S. government take "concrete steps" to resolve the fiscal cliff issue and prevent a treasury bond default, the latest warning from the biggest holder of such assets two days ahead of the debt ceiling deadline.

Business 22 Jul 2019 | 8:48 AM

Shadowed by trade war, Malaysia says 2020 fiscal deficit target a 'challenge'

KUALA LUMPUR: Malaysia will find it challenging to meet its 3% fiscal deficit target for next year due to uncertainties around the US-China trade war, the finance minister told Reuters in an interview on Monday.