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Corporate News 22 Oct 2018 | 10:11 AM

China's US$195bil debt splurge has less bang than you might think

BEIJING: China’s burst of local bond issuance is supposed to fund roads, affordable homes and other infrastructure developments that will help support its flagging economy.

World 13 Jun 2018 | 6:35 AM

Argentina biggest labour group calls strike, raising pressure on Macri

BUENOS AIRES (Reuters) - Argentina's leading labour federation announced plans on Tuesday to stage a one-day general strike on June 25 to protest against government economic policies, raising pressure on President Mauricio Macri as he moves to speed up spending cuts to balance the budget.

Business 02 Sep 2015 | 12:00 AM

Thailand gets US$3.8b stimulus

It’s to boost spending power in rural areas

Business 15 May 2015 | 12:30 PM

Indonesia economy lacks momentum

JAKARTA: Indonesia posted a trade surplus for the fifth straight month in April, but that stemmed from imports tumbling more quickly from a year earlier than exports did, showing that the economy remained sluggish at the start of the second quarter.

Business 07 May 2015 | 12:00 AM

Indonesia to speed up spending, tweak monetary policies to revive growth

JAKARTA: Indonesia is taking coordinated steps to revive the worst domestic slowdown since 2009, with the finance ministry promising to speed up infrastructure spending and the central bank preparing a mixture of monetary policy changes.

Business 18 Feb 2015 | 10:35 PM

Thai junta aims for speedy spending to spur growth

BANGKOK: Thailand's cabinet approved a plan on Wednesday to accelerate government spending this fiscal year, especially by investment funds as the junta tries to revive the economy after months of political unrest hit growth last year.

Business 12 Jan 2015 | 12:00 AM

Low oil price hits Malaysian property stocks

THE sliding oil prices, which in turn weakened the ringgit and spooked equity investors, is now feared to reverberate to the property sector, which saw investors shying away from property stocks and underweighing the sector.

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.