FANNIE Mae and Freddie Mac, the government-controlled mortgage finance giants rescued during the financial crisis, reached a deal with the US Department of the Treasury on Thursday.

US TAX REFORM

THE sweeping tax cuts adopted on Wednesday by US lawmakers, while reducing rates on corporations, also aim to encourage multinational businesses to repatriate huge earnings amassed abroad.

[WASHINGTON] Senate Republicans passed the most extensive rewrite of the US tax code in more than 30 years, a bill that delivers a deep, permanent tax cut for corporations and shorter-term relief for...

FISCAL stimulus, including large Republican-backed tax cuts, will deliver a modest boost to the US economy in the next two years, although many economists also expect a recession to start during that...

[WASHINGTON] Fiscal stimulus, including large Republican-backed tax cuts, will deliver a modest boost to the US economy in the next two years, although many economists also expect a recession to...

EDITORIAL

US President Donald Trump returned from his recent trip to Asia, announcing that he would work "as fast as possible" to eliminate the sizable trade deficits with America's trading...

STOCKS

THE Singapore bourse capped the week's trading on a limp note with the key Straits Times Index losing 3.81 points or 0.1 per cent to close at 3,420.1, no thanks to Wall Street's correction...

[WASHINGTON] Americans are more likely to believe the wealthy will benefit most from the tax reform currently being pushed in the US Congress by Republicans who insist their goal is to help the...

PRICEY US housing markets, from New York suburbs to California's coastal cities, could take a direct hit under the tax-reform bill released by House Republicans...

THE Trump administration on Wednesday unveiled plans to dramatically cut taxes for US businesses and individuals, slashing the corporate rate to 15 per cent, but the once-in-a-generation overhaul is...