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Economy 28 Jul 2017 | 12:00 AM

Government to stick to GDP forecast of 4%-5% for this year

PUTRAJAYA: The Government is sticking to its original growth forecast for this year, despite surging exports in recent months that have prompted economists to up their projections.

Economy 16 Apr 2016 | 12:00 AM

Investors more attracted to government bonds

MORE longer dated tenures for bonds are in the pipeline, with investors continuing to show stronger interest in government bonds over corporate bonds.

Business 14 May 2013 | 10:39 AM

Associated Press says U.S. government seized journalists' phone records

WASHINGTON: The Associated Press said on Monday the U.S. government secretly seized telephone records of AP offices and reporters for a two-month period in 2012, describing the acts as a "massive and unprecedented intrusion" into news-gathering operations.

Business 06 Jan 2014 | 11:24 AM

China local government debt has risks for central govt: Moody’s

KUALA LUMPUR: China’s local government debt and contingent liabilities are now much higher than what National Audit Office (NAO) had reported in its first audit on such debt in June 2011, Moody's Investors Service says.

Business 16 May 2019 | 12:00 AM

New body to oversee issuance and structure of government debt

PETALING JAYA: The debt management office (DMO) has been set up to review and reduce hidden government debt and liabilities, strengthening the fiscal position of Malaysia.

Corporate News 27 Jan 2019 | 11:00 PM

As US government reopens, lawmakers say shutdowns don't work

WASHINGTON: As the U.S. government moved to reopen after a 35-day partial shutdown, some lawmakers on Sunday criticized using the closure of federal agencies as a tool in policy disputes, which President Donald Trump has threatened to do again.

Corporate News 02 Aug 2018 | 12:00 AM

Shake-up in government funds

PETALING JAYA: The government is likely to reorganise the various funds that were set up to venture into businesses related to the new economy, following their below par performance. This came about after it was discovered that some of the funds were not able to pay back the amounts due to the government, even after many years of restructuring efforts.

Banking 27 Jun 2016 | 5:39 PM

British government puts sale of RBS, Lloyds stakes on hold after Brexit vote - sources

LONDON: Britain’s government has scrapped plans to sell stakes in Royal Bank of Scotland and Lloyds Banking Group this year in the wake of the Brexit vote, sources said, a decision set to leave a multi-billion pound hole in its finances.

Business 05 Oct 2013 | 10:41 PM

Obama calls impact of government shutdown 'heartbreaking'

WASHINGTON: Saying the U.S. government shutdown was having a "heartbreaking" impact on ordinary Americans, President Barack Obama on Saturday renewed his call on congressional Republicans to end the five-day stalemate and pass a funding bill without conditions.

Markets 28 Jan 2019 | 12:49 AM

Stocks rise after US government reopens for now

TOKYO: Asian stocks advanced on Monday as Wall Street rallied after a deal was announced to reopen the U.S. government following a prolonged shutdown that had shaken investor sentiment.