EUROPEAN ECONOMY

EUROPEAN Union leaders made little headway as discussions on a new budget plan began on Friday that would allow the bloc to spend up to 1.1 trillion euros (S$1.7 trillion) in the 2021-27 period....

[BRUSSELS] After managing a united front over Brexit, divisions between European Union leaders were laid bare Friday when they discussed how to plug the budget shortfall left by the UK's intended...

THAILAND'S divided parliament began debating the annual budget Thursday amid concern the ruling coalition may struggle to pass the bill because of its slim majority.

MALAYSIA'S government on Friday unveiled a smaller budget than expected for next year but flagged a wider budget deficit than earlier estimates and said it would step in with stimulus measures...

[KUALA LUMPUR] Malaysia's government on Friday unveiled a smaller budget for next year but flagged a wider fiscal deficit than previously targeted and proposed new incentives to support growth and...

[KUALA LUMPUR] Malaysia's government will likely present an expanded budget on Friday to temper a weak economic outlook, as it grapples with global recession fears, the protracted US-China trade...

THE Indonesian government plans to spend 8.5 per cent more in 2020 than this year, following approval by a parliamentary committee of a budget a finance ministry official said is designed to...

[JAKARTA] The Indonesian parliament's budgetary committee on Thursday approved President Joko Widodo's plans to spend US$180 billion in 2020, in a budget with an estimated fiscal deficit of 1.8...

SWEDISH Finance Minister Magdalena Andersson said on Saturday that the centre-left coalition government would introduce a bank tax to help fund greater defence spending from 2022.

THE Philippine government on Tuesday put to Congress a proposed 2020 budget that lifts spending 12 per cent from a year earlier and makes a push to deliver on plans to slash poverty, boost...