Business
Palestinian economy faces critical downturn amid escalating fiscal crisis
Ramallah, occupied West Bank – The Palestinian economy is undergoing a severe downturn, driven by Israel’s continued assault on Gaza,…
Tag
Fiscal
News
Japan's Nikkei hits record after fiscal dove Takaichi's election win
By Junko Fujita and Rocky Swift TOKYO (Reuters) -Japan's Nikkei share gauge surged past the 47,000 level for the first time on Monday…
Business
Indonesian yield curve steepest since early 2023 on fiscal fears
Longer-dated rupiah bonds are also vulnerable to moves in US Treasuries due to the heavier concentration of global investors in those…
Business
Europe: Stoxx 600 ends near one-month low as bond yields rise on fiscal woes
EUROPEAN shares finished near one-month low on Tuesday after a broad-based selloff, driven by a rise in bond yields as investors grew…
Politics
Gold heads for weekly gain as US tax-cut bill stokes fiscal worries
GOLD rose on Friday, poised for a weekly gain as investors sought safe-haven assets after the passage of US President Donald Trump’s…
Business
Bank of Japan urged to keep or slow bond taper pace from fiscal 2026
The Bank of Japan (BOJ) received a sizeable number of requests to maintain or slightly slow the pace of tapering in its bond purchases…
Politics
Gold edges higher as dollar dips, US fiscal worries mount
Gold prices edged up on Tuesday (May 27), supported by a weaker US dollar and concerns over the US fiscal outlook, while investors looked…
Politics
Trump agenda bill's proposed increase to debt ceiling draws pushback from fiscal hawk in Senate
Sen. Rand Paul said Sunday he would consider voting for President Trump's "big, beautiful bill" if GOP leaders scrap plans to raise the…
Business
Gold heads for best week in more than a month on US fiscal worries
GOLD was set for its best weekly gain in more than a month on Friday, as a softer dollar and mounting concerns about the deteriorating…
Politics
Gold gains on weaker dollar, US fiscal concerns
Gold prices rose on Wednesday (May 21) as the US dollar slipped to a two-week low and investors sought safety amid US fiscal uncertainty,…
Politics
Somehow the World’s Fiscal Role Models Are Now Greece and Argentina
While most major countries, led by the U.S., continue to grow their government debt, the fiscal disasters of yesteryear are reporting…
Politics
Fiscal conservatives, small businesses warn against raising top tax rate
Conservative activists and small businesses pushed back on the White House and congressional Republicans considering raising taxes on the…
Business
Indonesian rupiah to hit record low on fiscal woes: analysts
Analysts see Indonesia’s rupiah declining to a record low in the short term as political and economic worries continue to grow in…
News
A Path to Independence: Reforming Welfare to Empower Recipients and Restore Fiscal Responsibility
Draining the swamp of a bloated welfare bureaucracy and enforcing fiscal discipline are monumental tasks — but they are essential for a…
News
China has ample fiscal space to bolster growth this year
BEIJING (Reuters) - China has ample fiscal policy space and tools to support economic growth this year and it will step up spending to…
Business
Microsoft expects to spend US$80 billion on AI this fiscal year
MICROSOFT president Brad Smith on Friday (Jan 3) said the company is on track to pump about US$80 billion into artificial intelligence…
Business
Adobe forecasts fiscal 2025 revenue below estimates on slower subscription spending
PHOTOSHOP maker Adobe forecast fiscal 2025 revenue below Wall Street estimates on Wednesday (Dec 11), indicating the company’s investments…
Politics
Brussels vets countries' compliance with EU fiscal rules
This week, the European Commission assessed the multiannual spending plans of the 21 member states who submitted them – giving passing…
Business
Mexico has room to boost tax revenues without fiscal overhaul, president says
MEXICO CITY (Reuters) - Mexico has room to boost tax revenues next year without turning to a deep fiscal reform, President Claudia…
Business
China Ready for $1.4 Trillion Fiscal Bazooka, Top Economist Says
(Bloomberg) -- A leading economist in China said the country has room to ramp up fiscal support for the economy by issuing as much as 10…
News
Japan’s New Premier Should Set Fresh Fiscal Target, Adviser Says
(Bloomberg) -- Japan’s new prime minister needs to set a fresh fiscal consolidation target once the nation balances its budget, according…
Politics
Brazil's government to end 2024 within fiscal target tolerance band, finance minister says
BRASILIA (Reuters) - Brazil Finance Minister Fernando Haddad said on Friday that the government should close this year within the…