[WASHINGTON] US congressional Republicans and Democrats, struggling to reach a deal to provide more aid to those hurt by the coronavirus pandemic, slid on Wednesday toward letting a US$600-per-...

[JAKARTA] Indonesia is placing 11.5 trillion rupiah (S$1.1 billion) in state funds with some regional development banks and extending loans to provincial governments to support economic recovery...

[WASHINGTON] Top aides to US President Donald Trump said on Sunday they agreed in principle with Senate Republicans on a US$1 trillion coronavirus relief package - the party's opening offer in...

[NEW YORK] Billionaire investor Ray Dalio said conflict between the US and China could expand into a "capital war" that he suggested would harm the US dollar.

[SYDNEY] Australia will extend record stimulus spending into next year, the government announced Tuesday, outlining multi-billion-dollar measures to shield the labour market from the ravages of...

[BRUSSELS] European Union (EU) leaders stood at an impasse on Monday after three days of haggling over a plan to revive economies throttled by the Covid-19 pandemic, but the chairman of their near...

[SYDNEY] Australia will extend its coronavirus loan guarantee scheme for small businesses and increase the credit limit to up to A$1 million (S$971,789) from A$250,000, Treasurer Josh Frydenberg...

[BRUSSELS] European Union (EU) leaders failed to agree on a massive stimulus fund to revive their coronavirus-hammered economies on Saturday after two days of fraught negotiations, but extended...

[SYDNEY] The Australian government plans to spend A$1.50 billion (S$1.46 billion) to substantially extend a programme to subsidise the wages of apprentices, its latest support measure for the work...

[LONDON] British government borrowing is on course to surge to around £350 billion pounds (S$613.28 billion) this year following new Covid-19 spending announced by finance minister Rishi Sunak,...